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Accountancy

From the best presented accounting records, to the proverbial brown paper bag, we are able to prepare your annual accounts. The work undertaken is always closely tailored to the client's individual needs and preferences. We work with our clients to ensure that the maximum value for money is obtained, where necessary suggesting ways of amending their systems to reduce costs.

Audits

Although the need for statutory audits is now reduced, as registered auditors we are legally entitled to undertake audit work. We are also able to report under the governments new reduced requirements for Companies with smaller turnovers.

Financial Advice

Increasingly clients are asking for our advice on how their business should be financed, be it by bank loan, commercial mortgage, debt factoring or hire/lease purchase. We are able to consider both the short and long term cash requirements assisted by cash flow forecasts where necessary .

New Business start up

Setting a daunting affair, with so many different aspects to consider -finance, tax, national insurance, company v partnership etc. Whether it is a full-scale business plan or advice on VAT , we are here to help you.

Taxation

With the high cost of taxation, including National Insurance, tax planning is vital, especially when a business is started. Too many business people 'do the deal' and then count the tax bill, often much to their cost. With careful tax planning measures, we will help minimize your liabilities.

Bookkeeping

Many clients feel that their time is better spent developing their business rather than keeping the detailed records required for the Inland Revenue, etc.Through our bookkeeping service we are able to provide a cost effective alternative to maintain your own records.

VAT Recording

Whether in association with bookkeeping or as a stand alone service, we can assist with both the routine preparation of VAT returns and VAT planning in those areas where it is essential carefully to consider the VA T position. Additionally we will tell you if any of your current treatments need further consideration.

Sage and other computerised accounting systems

With the widespread use of personal computers, the fall in software costs and ease of use of new programs, computerised accounting software is now available for all businesses. Whether you are small or large there are programs which could help you save time and money.

If you already have a computerised system we can workwith you to ensure that it is used to its full potential. Alternatively if you would like to 'go computerised' we will be pleased to help you through the process. Many businesses simply fail to achieve the hoped for savings due to inadequate planning and implementation. We can provide training for you are are only a 'phone call away for those annoying little problems.

PAYE and Payroll Management

Again preparation of the weekly or monthly payroll can be a real tie, especially when you have on the one side customers to keep happy and on the other staff threatening mutiny if they are not paid on time. Our service is very cost effective and releases you to spend more time with your customers.

Personal Taxation

With a specialist tax department we provide our clients with a comprehensive personal lax service. We are able to deal with all matters from preparation of the annual tax return to more complex matters.

As part of this service we aim to keep our clients fully informed about all aspects of their tax affairs. In addition, we produce annual statements of Income and Taxation, which set out for the tax year all sources of income, allowances and expenditure leading to a calculation of the liability for the year together with details of any outstanding amounts and the date when these will be due.

Free Advice

Unfortunately we cannot offer all our clients this service, although we feel that our fees are very competitive. However, if you have a new business or wish to discuss any area in which you think that McGill and Company may be able to help you, then we will be pleased to arrange a free initial meeting. All you have to do is telephone one of the partners