Your Accountant From Finance Giant

Is specialised in a full range of Taxation, Accountancy and Company Secretarial Services which include, auditing, tax planning and advice, a fixed fee tax return completion service, financial planning, payroll and business consultancy services. Our clients are organisations and individuals engaged in almost every type of business and vocation in both the UK and abroad. They include: -

Accountancy Services

Working in a very competitive market we are fully aware of the needs of the small to medium size business. However, no two businesses are the same. How many times have you heard this? Especially, when discussing FEES! All businesses are different but the cost you pay does not need to be.

Whether you have employed the services of an accountant before, or not, we are sure you will find our company to be far more accessible and personal than many of our peers. In an ever-changing business world it now seems inappropriate not to be able to talk candidly and at length with your accountant. Unfortunately, this is still one of the most common complaints that we come across when meeting potential new clients.

The emphasis at Finance Giant  Assist is a ‘bespoke’ service to suit you. However, the cost to you is very much ‘off the peg’. This does not mean the quality of our work is inferior, moreover, the economies of scale that we are able to achieve through an efficient use of both personnel and technology within the office, can be passed on to you, the client.

We offer the solution to meet all your accounting requirements, from detailed analysis, business planning and tax consulting, to bookkeeping, statutory accounts, VAT and payroll administration. We ensure that all financial controls are in place and working; will provide you with practical advice to promote the steady financial health of your business; and offer ongoing advice on structuring your affairs to reduce your tax liability.

Our personal service is designed to give you control.

We'll assign you an accountant and a dedicated bookkeeper who will answer directly to you. We promote open lines of communication between yourself and your team - whom you can contact directly to discuss issues or to instruct as required.

With an extensive network of both local and international tax experts, Finance Giante Accountancy Assist is uniquely positioned to offer our clients valuable insights into local and global tax developments and practical advice on corporate structuring to reduce your tax liability, protect your assets and increase your profits.

OUR COMPREHENSIVE ACCOUNTING SERVICES INCLUDE:

• Bookkeeping
• Bank introductions
• VAT registration
• Invoicing
• Credit control
• Debtors follow-up
• Quarterly VAT returns
• Payroll administration
• Accounts management
• Statutory accounts administration
• Personal tax
• Company tax
• Dividend payments

BOOKKEEPING

The regular recording of your company's financial transactions is the foundation upon which the Accounting, VAT and Taxation elements of our services are based. Furthermore the Companies Act places a duty on the directors of a UK company to maintain proper books of account in order that these records can disclose with reasonable accuracy the financial position of the business.

In addition to this statutory requirement, your company will have been established to generate profits. Regular financial reports are essential for you to maintain control over the finances of your company and to ensure that it is indeed trading profitably.

Naturally, there is much more to bookkeeping than mere record-keeping and the services we offer include:

• opening bank and trading accounts
• control of purchases and stock
• making payment to settle the company's liabilities
• preparation and dispatch of sales invoices
• credit control (collection of sums due to the company)
• management of cash and bank balances
• management of the company's relationship with its bankers

All of the foregoing are essential elements in controlling the financial health of a company and we recommend that you appoint us to manage these services for you.

Once the basic financial information has been compiled by the bookkeeper we recommend that a qualified accountant is appointed to compile financial reports for you and to interpret the trends so reported. Furthermore financial statements (whose format and contents are specified by the Companies Acts) have to be lodged at Companies House within ten months of the company's financial year-end.

Decisions based on misinformation, or even no information at all, have little prospect of being the correct decisions. Our accountants are available to assist with all the decision-making processes of a modern business.

A great deal of experience in a variety of businesses has been amassed by our accountants and they are well-qualified to advise on compilation of budgets and forecasts and on reporting of actual results against these, the calculation of standards and variances for production costing, and the generation of financial models to monitor and evaluate capital expenditure.

Once the eligible turnover of a business exceeds established limits all businesses are required to register for VAT and thereafter to act as an unpaid tax collector for H.M. Customs & Excise. It may be in your interest to register for VAT voluntarily - our staff will be able to assist you in this decision.

Compliance with the large number of VAT regulations is an onerous responsibility and the penalties for erroneous returns can be quite severe. We would not recommend that the untrained take this task on.

The obvious answer is to utilise our VAT skills and appoint us not only to register your company for VAT but also to make the necessary monthly or quarterly returns for you.

PAYROLL

Once your company starts to employ its own staff, you will be faced with the obligation to pay these staff and to deal with the varied items of legislation that control the workplace.

A short and incomplete list of legislation governing the employment of people in the UK is:

1. Income Tax Acts and Pay As You Earn (P.A.Y.E.) regulations
2. Health & Safety at Work
3. Minimum Wage regulations
4. Maternity regulations
5. Equal Pay regulations
6. Insurance and pension requirements

Rather than devote your own time and resources in implementing the foregoing you would be well advised to appoint Finance Giant Accountancy Assist to manage these functions for you.

In particular the weekly or monthly payment of your employees will require the calculation not only of the gross pay due to them for the period concerned but also the calculation of deductions of income tax and national insurance which can be a laborious task for the unskilled.

TAXATION

Taxation can be a significant cost of doing business in the U.K. and it is essential that timely and accurate returns are made to the Inland Revenue. Failure to make such returns can result in severe penalties.

Well in advance of making any returns (whether for corporation tax or income tax) it is sensible to plan for minimisation of the tax charge. Apparently simple alterations to the way in which business is transacted can make significant changes to the amount of tax payable.

The tax specialists employed by Finance Giant Accountancy Assist are available to assist you with all of the foregoing.

VIRTUAL OFFICE

Puts your office wherever you are ...........

When you’re on the move you need a base.Our Virtual Office facilities provide the instant, cost-effective solution: It’s an office without the office. A complete communications portal that keeps you connected and in touch with your business - no matter where you are in the world.

• Mailing address
• Personalised call answering in your company name
• Free e-mail address
• Personal voicemail box

Puts your business on the map

When you subscribe to Virtual Office you benefit form a prominent business address. Your correspondence is received where it is logged, held for collection or forwarded to the address you’ve specified by 1st Class mail or International courier.

Incoming calls come into our call centre via your dedicated DDI exchange number where they are answered. If you’re not available, we’ll take a message and forward it to your voicemail, e-mail address or by fax or phone. We'll send and receive your faxes and continually check your e-mail and voicemail and forward to you accordingly.