Additional
Services for Businesses

Business Start Ups
We can advise on the best structure for new businesses, such as sole trader, partnership or a limited company and complete the registration processes on your behalf.

Business Plans and Projections
Businesses can require financial plans and projections for reasons such as finance applications, expansion plans or budgeting. We can provide the necessary forecasts and prepare formal documents including business plans, as required.

Tax Planning Advice
We offer advice concerning the taxes that are faced by small companies. There are to many opportunities for planning advice to list but includes :

  • Tax efficient profit extraction for owner managed companies.
  • VAT registration or deregisration and operation of VAT schemes such as flat rate scheme.
  • Capital allowances claims including retrospective claims.
  • Research & Development Tax Credits.

Systems and software
We have experience on many accounting systems including the software available to assist your business in maintaining financial control. We can advise on the best products for you.

New Legislation
As new rules and responsibilities come along regularly for the small business owner, we can keep you up to date with such changes. Auto-enrolment in to a work place pension is one such change that employers need to act upon.

Company Secretarial Services
A limited company must act in accordance with the provisions of company law. We can ensure that your company paperwork as well, as your financial records, are maintained properly and filed as required at Companies House.

Professional Partnerships
From time to time, your business will require assistance and advice on a range of subjects. We take care of all matters related to business finances and taxes and we have also established professional partnerships with national organisations, allowing us to put our clients in touch with the appropriate advisers on matters such as:

  • Employment law
  • Legal advice
  • Commercial Finance
  • Independent Financial Advice

Tax Enquiry Service
Through one of our professional partners, we offer a cost effective tax enquiry service which means for a low cost annual premium, all of the costs of defending your business against any aspect or full enquiry by HM Revenue & Customs are covered.

Additional
Services for Individuals

Tax Advice and Planning
There are many complicated aspects to personal taxes and many pitfalls to avoid. We can assist individuals not only with income tax problems but also with issues such as Capital Gains Tax, for example when selling a rental property, or Inheritance Tax to help you to protect and pass on your assets.

Financial Planning
Financial advice must be given by professionals regulated by the Financial Conduct Authority. Our professional partners are properly qualified and regulated and can assist in all manner of financial products including savings, investments, pensions and mortgages.

Tax Enquiry Service
Individuals as well as businesses can face an enquiry in to a self assessment tax return. Through one of our professional partners, we offer a cost effective tax enquiry service which means for a low cost annual premium, all of the costs of defending yourself against any aspect or full enquiry by HM Revenue & Customs are covered.


Contact Us

For a free initial consultation, get in touch with us to arrange
an appointment to discuss your personal or business requirements.

Call us :
01665 606130
email us :
info@smithstax.co.uk

Visit us :
Smiths Accountants & Tax Advisers
5A Linnet Court
Cawledge Business Park
Alnwick
Northumberland
NE66 2GD