Payroll Services Chorley, Lancashire by Trustworthy Accountants
Accountancy Services Ltd.
Professional, Affordable Accountancy in Chorley
WHO WE ARE
When in need of professional advice and expert guidance to help solve your financial matters, look no further than our accountancy services.
At David Procter Accountancy Services Ltd, in Chorley, Lancashire and Bolton, we specialise in payroll, tax returns, and VAT. Backed by more than 30 years of experience, we will adapt our services to meet your needs. As a trustworthy firm, our accountants offer an extremely personal service which means that you’re able to contact our team directly. We are proud members of The Association of Chartered Certified Accountants™.
Professional, Affordable Accountancy in Chorley
Trusted Accountants for Over 30 Years
Accountants in Chorley understand the local business environment and can provide relevant advice and support. They also have a good understanding of the tax system and can ensure that you comply with your tax obligations. In addition, accountants in Chorley can help you to claim any tax reliefs that you may be entitled to.
As a result, choosing an accountant in Chorley is a wise move if you want to minimize your tax bill. accountants in Chorley will also keep you up-to-date with changes to the tax system so that you can make sure that you are compliant. Accountants in Chorley can also provide other services such as bookkeeping and payroll. As a result, choosing an accountant in Chorley is a wise move if you want to reduce your workload and free up your time to focus on growing your business.
If you’re running a business, it’s important to have a good accountant on your side. They can help you with your taxes, and make sure that you’re keeping track of your finances in the right way. accountants in Chorley are especially well-regarded because they have a lot of experience dealing with businesses in the area.
They know the ins and outs of the local economy, and they can give you advice that’s specific to your situation. Choosing an accountant in Chorley is a smart move for any business owner who wants to stay on top of their finances.
When it comes to running a business, there are a lot of important decisions that need to be made. One of the most important is who to choose as your accountant. There are a lot of things to consider when making this decision.
We’ll help you save time and money
First and foremost, you need to find an accountant who has experience with businesses in your industry. If you’re in a highly regulated industry, you’ll want an accountant who is familiar with all the rules and regulations that apply to your business.
You’ll also want to find someone you can trust. Make sure you interview several candidates and ask them lots of questions. You should feel comfortable with your accountant and be able to trust them implicitly.
The cost of an accountant is another thing to consider. They typically charge by the hour, so make sure you know how much the services will cost. You don’t want to be surprised when the bill comes due.
Choosing the right accountant is an important decision and it’s one that shouldn’t be taken lightly. Make sure you do your homework and ask around for recommendations before making a final decision. An accountant can help your business run more smoothly and efficiently, so it’s important to choose the right one for your company.
Get in touch today!
Call us on 01257 271240
We offer a wide range of accountancy services.
Reliable Accountancy Services by Experienced Consultants in Chorley, Lancashire and Bolton
Save time and money while focusing on growing your business by hiring our professional staff to check over your accounts. We’ll make sure all forms are filled in correctly and handed to the appropriate authorities, so you can concentrate on running your company.
Outsourcing payroll alleviates the time you spend calculating staff wages and determining tax obligations. Our team of accountants are available to make sure that you and your employees receive the correct amount of money which you have worked hard to earn.
Get in touch today!
Accountants in Chorley
You seem to offer a lot. Are your fees expensive?
No! We offer guaranteed fixed fees linked to the value of what we provide. Please see our fees pages for the typical fees to expect depending on your type of business, size and what services you require. We never undertake work without agreeing the fee in advance so you always know where you stand.
Am I likely to get a tax enquiry?
No-one can say when an enquiry will happen but if you are late filing your returns, pay late or are in a cash based business then the chances are you will be selected sooner than later. We offer Tax Investigation insurance via Taxwise so that our costs from an enquiry are covered.
Should I set up as a sole trader or as a limited company?
In rough terms running your business as a sole trader is more straight forward, easier to set up and cheaper but has the disadvantages of risking your personal assets and can be less tax efficient. Each case differs and we would recommend that we have a chat to see the option that is best for you and your business.
Why should I outsource? Can't I do it myself?
You can maintain your own records, however, accounts can be time consuming and complex if you encounter a tax or VAT issue or are unsure of best practice. If you are busy running or growing your business it is likely that you lack the resources to dedicate to proper accounting, and if you don’t enjoy it either it will quickly become a burden. With a multitude of responsibilities to run a business day-to-day it’s all too easy to forget a VAT return or miss a payment.
Won't I lose control if the books are done by an outside service?
The short answer: No. You actually have more control since you’ll have accurate, up-to-date financial statements at your fingertips. You’ll have more time and money to plan instead of simply reacting to business events.
Who controls the money and makes the decisions?
You have 100% control of all money and the decision on how it is used or invested. You decide what individuals and which vendors get paid. We provide the data, but you approve all invoices for payment and sign all checks.
Who do you help?
We provide services to personal taxpayers, self-employed individuals, partnerships, company directors and property landlords. Our services are tailored to you and your needs.
Why do I need a company bank account?
Although you own and control your company, it is a separate legal entity from you. Hence, it will require its own business bank account as the funds belong to the company until it is distributed to you.
How long will it take to incorporate a company?
Based on the requirements shared by you, David Procter Accountancy Services Ltd Accountants can help you incorporate a limited company in the shortest time possible based on your provided information. For instance, it seldom takes more than a day to incorporate a Limited company.
Which state benefits are taxable in the hands of the taxpayer?
During the year, if you received any state benefit taxable in the taxpayer’s hand, you are liable to submit the SA tax return and disclose those tax benefits received during the year.
The list of taxable state benefits is as follows:
- The State Pension
- Widowed Parent’s Allowance
- Jobseeker’s Allowance (JSA)
- Contribution-based Employment and Support Allowance (ESA)
- Widow’s Pension
- Pensions paid by the Industrial Death Benefit scheme
- Carer’s Allowance
- Bereavement Allowance
- Incapacity Benefit (from the 29th week you get it)