Business & Individual
We offer a wide range of cost effective accountancy services available for businesses and individuals.
Companies – Corporation tax is usually due nine months and one day after the company year end. We will do all the necessary calculations, work out the best approach to claiming allowances and then complete the filings with HMRC.
Sole Traders and Partnerships – Self Assessment tax is a little more complicated, but payments are usually due by 31st January following the tax year end of 5thApril. Payments on account are due on 31st January and 31st July each year. Our efficient software and expertise can handle your tax return filing and we will explain exactly what tax is due, when and why.
We prepare year end accounts for all businesses, including Companies, Sole Traders and Partnerships. Whilst most businesses need these completing for filing with HMRC and Companies House, they are also a useful tool in showing how your business is performing. Our service here can provide, in plain English, what the figures mean and their relevance to you. Ideally, these are prepared within a few months of the year end so that the information is kept up to date and we can monitor effectively your financial situation.
Are you looking to start-up a business or maybe require general advice on your business operations? The guidance on which direction to lead and what requirements need to be in place to start-up your trade is extremely crucial. Our knowledgeable team see day in day out all types of business structures and ideas – what works well and what works not so well – our second opinion is more than useful and can assist you with business planning.
Bookkeeping is often the most neglected task. However, we all need to maintain true financial records to help produce our accounts or to following statutory regulations. Many clients prefer to outsource their bookkeeping to us and ensure their VAT returns are filed correctly and on time. Our service is flexible and depicted by how much or how little we do for you.
Our experienced and up to date team can provide you with the confidence that your business fulfils all legal obligations. It is important to manage VAT effectively to help minimise your tax liabilities, this can become hassle free for you. For VAT registered businesses, partnerships or sole traders we can complete your VAT returns or offer any advice on advanced situations.
Many businesses employ staff and need to operate payroll, this is where we can help. We offer the full service of informing you how much to pay employees, HM Revenue & Customs and any pension providers, whilst producing and submitting all of the payslip and background administration. Ultimately ensuring the correct deductions are in place and to avoid any late payment penalties.
Andrew Prentice Partnership
5 Market Place
If you have a business premises or work from home, we would be more than happy to pay you a visit. Alternatively, please see our full address and location...
“If you prefer a more personal service, Andrew Prentice Partnership may be for you.”