Business Start-Up
Starting a business is a really exciting time, but we know it is also a very busy time.
Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting. Fortunately, you do not need to be an expert in these fields to succeed in business, but you do need the support of our team of trained accountants in Wallingford.
We can help. Just bring us your business ideas and we will help you to make them a reality!
We will help you to:
- Decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company
- Prepare a business plan, cashflow projections, budgets, and trading forecasts
- Assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
- Establish a good working relationship with your bank
- Complete any registration procedures with Companies House and HM Revenue & Customs
- Deal with company secretarial issues
- Set up a recording system for your internal use and for complying with statutory requirements
- Decide on what computer hardware to buy and help with the installation of accountancy software
- Keep on top of bookkeeping, VAT, payroll and other accounting requirements
- Help with all aspects of business compliance and administration
To find out more, contact our team who would be happy to help.
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.
We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
[insert firm name] can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.
Haines & Company provide the following key services.
Latest news from Haines & Company
With continuing inflation in the UK, many of us and our businesses have been put “off track” in the short to medium term. The Bank of England recently increased interest rates by a quarter of a percentage point to 5.25 per cent. The rise was as expected by economists in view of the latest data showing annual inflation at 7.9 per cent in June which is four times higher than the Bank of England’s 2 per cent target.
If you a female leader of an enterprise within UK engineering and are looking for funding to take your organisation to the next level, then check out this grant from manufacturing specialist Get It Made. They have announced a new grant, which aims to support female-led engineering enterprises and help encourage the next generation of women in UK engineering. The manufacturing grant consists of £5,000 (excluding VAT) that can be used when ordering any of Get It Made’s manufacturing services.
The UK government has launched a £40 million fund to spark local digital revolutions and unlock 5G benefits across the UK.
Being resilient by choice is critical for both survival and for strategic advantage in an era where disruption is the norm. The threats businesses face today are complex and becoming more frequent than in previous times. We have seen a pandemic, an ongoing war in Europe with supply chain issues, a cost of living crisis, extreme weather and frequent ongoing cyber-attacks.
The National Cyber Security Centre (NCSC) states that UK organisations should prepare for an extended period of heightened cyber security threat. It has guidance for organisations on the steps to take to improve security.
Facial recognition technology (FRT) identifies or otherwise recognises a person from a digital facial image. Businesses can use FRT in a variety of contexts - for example, in allowing access to devices, taking payments, or allowing entry to secure areas.