Accountancy Services

I.A.W Accountancy Services Across SW England & The UK

IAW Accountancy Services

We provide accountancy solutions which allow you to focus on what matters most to you, driving the business forward with the vision you have for it!!

We offer a wide range of services including:

Business Advice

Accountancy & Bookkeeping

VAT

Payroll bureau services

Planning for Sale or Retirement

Personal & Corporate Taxation

Business acquisition and reorganisation

Budgeting and forecasting

Company secretarial services

Business Advice

We offer a wide range of business advice, from the best way to purchase and/or finance a new capital asset, to best way to structure your accounts records; to the most appropriate accounting package for you and your business, to the most tax efficient way to run your venture.

Be it a limited company or limited liability partnership (LLP), a sole trader, or partnership.

VAT

We assist in clearing obstacles to growth by reducing the stress and confusion of VAT returns.

By choosing us, we can advise the most appropriate VAT return option which works best for your business.

We have all the tools to ensure your business is and remains compliant for making tax digital for VAT and all that this involves, leaving you to focus on the core business needs.

Planning for sale or retirement

Are you considering taking a step back? Have you been approached by another to purchase your business or simply are looking to bring down the curtain on your career? Whatever the reason, IAW can assist.

We can help identify what the best exit route and plan would be for you to maximise sales proceeds and minimise potential tax liabilities that may occur due to the same. Contact IAW today and let’s work together to ensure you stay on the right track and exit in the most effective and efficient way possible.

Business Acquisitions and reorganisation

Business acquisition can be a very complicated process and involve much that many will not have come across or know how to deal with before, which is why it is advisable to seek the support of those with the experience and knowhow. At IAW, our team of experts will guide you throughout the whole process, thus ensuring that the best results are achieved. We will use our experience and knowledge base to assess the viability of the target business, calculate an appropriate value and price and be with you every step to completion and beyond.

Company Secretarial Services

Running a business comes with much compliance, which only seems to increase year on year. Let IAW take away the stress and strain of having to ensure various filings and reporting are completed in a timely manner and within the parameters of the various filing deadlines, From the filing of the confirmation statements to abridged accounts to micro entity accounts to VAT returns to the various payroll filings and everything in between, we can help, contact us today for further details.

Accountancy and Bookkeeping

From recording, reviewing, analysing, calculating and reporting on financial information for your business, we offer a wide range of accountancy services from professional bookkeeping, management and statutory accounts preparation for sole trader, partnerships, private limited companies and limited liability partnerships. The accountancy and bookkeeping services we provide are tailored to your needs, contact us today for more information.

Payroll Bureau Services

Our payroll bureau takes care of specific parts of your organisation’s payroll processes, from supplying HMRC with information on your behalf, to providing you with detailed financial reports and processing payslips.

We can hep provide peace of mind for you and your organisation without having the need for specialised in-house experts, thus still ensuring efficiency and potentially cutting costs.

Corporate and Personal Tax

We are able to assist clients in preparing and filing their tax returns, advise on tax payments due and review tax affairs every year.

Tax returns, whether it be for individuals or companies, are always prepared on retrospective results and figures.

We actively work with clients for tax planning purposes, meeting with them nine months into their financial year to evaluate their trading period to date, identifying potential profits, and assessing the tax implications this creates.

By doing so, this allows further assessment of the potential tax savings that can be implemented to potentially minimise, negate or delay the tax on your income or assets etc.

We also offer services relative to capital gains tax.

Budgeting and Forecasting

Business is never easy to navigate, situations can materialise that you were not expecting and can have a detrimental effect on the business at any time.

At IAW we offer a very unique service where we work with clients to provide detailed budgets and forecasts that include 12 or 24 month profit and loss accounts, balance sheets and cash flows, all split down into monthly reports, accumulated on an annual and bi-annual basis.

This serves to identify and clearly illustrate trading performance, how new capital investment can be achieved, how this will impact and grow the business and also to identify cost savings and revenue optimisation as well as any potential weaknesses in trading periods throughout the years if sales patterns are driven by surges and decreases in particular seasonal periods across the financial periods.

Frequently Asked Questions

What are the advantages of professional accounts?

Leave us to prepare and analyse your accounts to help support your future strategic planning with confidence. Professionally prepared accounts will have more kudos with your bank, mortgage broker, clients and suppliers. Plus, we can identify tax planning and saving opportunities, along with maximisation of profit extraction, in the most efficient ways.
Why pay for professional bookkeeping?

Accurate records for taxation and VAT are required by law. They help you to:

● Keep control of your day-to-day accounting.
● Keep track of money owed to the company.
● Monitor money the company owes others.
● Manage cash flow in and out of your business.
● Prepare regular management accounts.
● Plan for business growth linked to accurate data.
● Remain compliant with the requirements of record keeping as required by HMRC
Cost Effective Solutions & Optimum Systems

You will receive cost effective solutions, such as fixed competitive rates. Plus, we recommend the optimum systems to fit your business model with monthly reports to monitor financial performance and for strategic planning, as required.
Why do budgets & forecasts help?

Statutory accounts are always prepared retrospectively and so having the ability to see what the future trading periods could look like is a hugely beneficial tool to helping run a business and identify, strengths, weaknesses, opportunities and threats. Our forecasts and projections plan on a monthly basis the forthcoming 12- or 24-months trading period, identifying expected sales, cost of sales, gross profit and net profit. Drilling down into specific costs to clearly illustrate profitability, tax and potential profit extraction to ensure the business is running in the right way and for the benefit of all involved.
Why do you need a Cash Flow Forecast?

A cash flow forecast is a vital tool for the running of a company, equity.

Knowing the incoming and outgoing cash helps to determine what changes need to be implemented to both minimise risk and maximise growth opportunity, identifying where capital expenditure will create increased income streams and ultimate profitability, whilst also ensuring current commitments are and can be managed efficiently.
Why are Management Accounts important?

Monthly or quarterly documents and statutory disclosure requirements show you the financial health of your company. Management accounts allow you to predict future cash flow, identify issues in spending and labour recharge and maximum margin achievements, along with potential tax liabilities and identify key factors before they become critical issues creating a detrimental impact on the business as a whole. They also assist in looking to increase the profitability of your business and give confidence for strategic planning.
What does Payroll involve?

Payroll Bureau

Outsourcing payroll has many benefits. It is cost effective, ensures compliance is adhered to and protects confidentiality. We offer a full payroll bureau service, please contact us for further details.

Our affordable service offers the full spectrum of payroll duties and responsibilities an company has to ensure you are always compliant with the requirement of RTI and all HMRC filings as well as helping you with all matters connected to auto enrolment and the workplace pension scheme.

Tax compliance Insurance for peace of mind

We offer a tax compliance insurance policy for a one off annual fee to cover all the fees and works involved with a HMRC enquiry and review, no matter how ling it lasts, giving you that extra piece of mind that the best support is with you throughout the whole process.