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General accounting services from Nicholsons Accountants

General Services

Corporate accounts and taxation

Running a limited company offers entrepreneurs a host of advantages over sole proprietorships—from limited liability and tax planning opportunities to business continuity and exit strategies. But managing corporate accounts and taxation can be a complex affair. That's where we excel.

Key Benefits Of A Limited Company

Limited liability safeguards your personal assets.

Tax planning opportunities for efficient wealth management.

Business continuity, even in the event of an untimely departure.

Flexibility to add shareholders without the risks of a partnership.

With years of expertise, we streamline the process of preparing and filing your company accounts and Corporation Tax returns. But our services don't stop there.

Additional Corporate Advisory Services

P11D and company car considerations

Management accounts for informed decision-making

Profit extraction strategies

Limited company vs. Sole trader analysis

Considering a limited company structure or already have one? Contact us for an in-depth discussion on how we can elevate your corporate financial management.

Sole trader, LLP and partnership accounts

Not every business fits the limited company mould. Whether you're considering a sole trader setup, a limited liability partnership, or a traditional partnership, we offer expert advice to help you choose the right trading structure for your unique needs.

What We Offer Once You're Up And Running

Self-employment income statements

Comprehensive partnership accounts

Property rental schedules

Expert advice on allowable business expenses and relief claims

Stay Ahead With Make Tax Digital

The digital tax revolution is upon us, and we're here to ensure you're not just compliant but also well-prepared. From initial setup to ongoing management, we've got you covered.

Got questions about business structures, taxation, or compliance? We're just a call away. Contact us for comprehensive business support tailored to your specific needs.

Sole trader, LLP and partner services from Nicholsons Accountants

Personal Taxation

Managing personal taxes can be a maze of income tax, capital gains tax, and inheritance tax. But worry not—we've got you covered.

Comprehensive Tax Assistance:

Our personal tax department is proficient in all facets of individual taxation. From income and capital gains to inheritance tax, we ensure you're not just compliant but also optimised.

Stress-Free Self-Assessment:

Enjoy peace of mind with our professional Self-Assessment preparation. We meet all online filing and payment deadlines while maximising your claims and deductions. No last-minute scrambles, just expertly finalised returns.

Personal Wealth Advisory:

Navigate the complexities of personal taxation without breaking a sweat—or the law. Our wealth advisory service guides you through the labyrinth of taxes, ensuring you pay the minimum while staying fully compliant.

Get in touch:

Why wait until January? Contact us today for personalized tax solutions that put you ahead of the game.

Trusts and compliance

Trusts can be a game-changer in preserving your wealth, but navigating their complexities isn't for the faint of heart.

Tailored Trust Solutions:

Whether you're considering a straightforward bare trust for a child or diving into the intricacies of special, inter vivos, or testamentary trusts, our expertise ensures you make informed decisions.

Trust Maintenance & Compliance:

Already have a trust—or perhaps multiple? We offer comprehensive maintenance services, including tax filings and mandatory HMRC registration, to keep your trusts in tip-top shape.

Get in touch

Ready to leverage trusts in your financial planning? Contact us today to discover how we can make trusts work for you.

An accountant in a meeting with clients. Trust and compliance services from Nicholsons Accountants.

Back Office services

Gone are the days when small businesses were bogged down by traditional bookkeeping. Today's cloud-based accounting systems offer direct bank links, eliminating manual tasks and freeing you to focus on what truly matters.

Seamless Integration & Support:

We're not just on board with these digital advancements—we're your co-pilots. From initial setup to monthly corrections and overviews, we've got your back.

Real-Time Access & Insights:

Our cloud-based solutions offer 24/7 access to up-to-date financial data. This empowers you with accurate insights into your business performance, helping you manage cash flow, anticipate VAT payments, and simplify annual account preparation.

Additional Services:

VAT return preparation, including registration and de-registration
​Management accounts and budgeting

Transition with Ease:

Still clinging to paper or desktop accounting apps? We're proficient in all major cloud accounting packages and can guide your transition, ensuring you're Making Tax Digital (MTD) compliant.

Bookkeeping and VAT returns

Payroll services, pension administration and HR management

Managing monthly payroll can be a headache, but it doesn't have to be. Our cloud-based payroll systems integrate seamlessly with most cloud accounting platforms, offering you 24/7 control while we handle the nitty-gritty.

Effortless Payroll Transition:

Switch from your current payroll system to a sleek, HMRC-compliant cloud solution. We manage the technicalities, so you can focus on your business.

Hassle-Free Pension Management:

Providing pensions is now a legal must-do, but liaising with pension providers can be daunting. We simplify this process with clear guidance, zero jargon, and targeted assistance.

Beyond Payroll – Comprehensive HR Support:

Happy employees need more than just accurate paychecks. From employee manuals and workplace procedures to leave management and staff counselling, we offer a full suite of HR services to keep you compliant and your team content.

Ready to make payroll and HR a breeze? Contact us today to find out how we can elevate your employee management game.

An illustration of a business man in work attire. Payroll services, pension administration and HR management

Company Secretarial Services

Choosing a registered office address for your limited company can be a tricky decision. But here's the silver lining—you're welcome to use our office as your official address.

Registered Office Solutions:

Don't want to use your personal address? No worries. Utilize our office space as your company's registered address and keep your privacy intact.

Expert Company Secretarial Services:

With in-depth knowledge of company law and experience in various corporate transactions, we meticulously prepare company resolutions and minutes to keep you fully compliant.

Share & Capital Management:

From share transfers and allotments to capital structure changes, we handle it all—including stamp duty payments and related forms.

Additional Corporate Services:

Companies House Confirmation Statement filing

Maintenance of company registers

Provision of essential company documents

Employment-Related Securities (ERS) return filing

Ready to simplify your corporate compliance?

 

Contact us today to discover how our services can make your business life easier.

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