OUR SERVICES

Our Services

We aim to build a positive, understanding and long term relationship with all clients. At the bottom of this page (here) is a full listing of all the services we can offer but before that we think it is important that clients and potential clients understand the way we provide these services!

Support for your Business

We consider that our clients' success is partly a reflection of the quality of our services.

We try to offer constructive advice to all our clients and much of our time is spent discussing with clients their problems, ideas, computer systems, raising finance and banking arrangements etc.

Whilst we do not profess to be experts in all areas, we do have vast experience and a network of specialist advisers to provide guidance for most eventualities to all businesses. For our clients, we are here as advisers to be called on, as and whenever necessary, for all of their financial needs and queries, throughout the year.

Accountancy Service for all Small Businesses

The practice already provides an all round accountancy advisory service to a large number of existing clients; ranging from sole proprietors and tradesmen through to family businesses and limited companies. Fee levels and charges are competitive and are openly discussed with all interested clients. New clients receive a free consultation and guidance on their book-keeping, with an outline of the work required and a firm estimate of fees. All clients are encouraged to keep in touch throughout the year for ongoing advice and an up-to-date assessment of their financial and tax affairs.

Constructive Auditing and Accounts Preparation

The preparation of annual accounts and the performance of a statutory audit (for larger limited companies and members clubs etc) are often regarded as intrusions into the affairs of the business. At Hanley & Co the aim is to provide a service which is both constructive and helpful rather than just a historic 'scorekeeping' exercise. All accounts prepared are fully explained to clients verbally and are accompanied by a full written report to the client, provided to record our comments on the figures and their meaning.

All clients are given advice on improving their bookkeeping and accounting systems each year with the specific intention of trying to reduce the amount of work our accountancy staff have to spend each year, on 'routine' work. For many years we have been encouraging clients to keep their records in computerised format either by providing tailored spreadsheets or using Sage software. More recently we are introducing clients to our new free 'online bookkeeping and accounting system' powered by Winweb.

Assisting New Businesses

Hanley & Co are pleased to help clients set up new businesses, whether they are modest start-ups, small limited companies or major acquisitions. The practice handles all aspects of launching a new business, including advice on financing, book-keeping, VAT registration and company formation. Once under way, Hanley & Co can offer all routine business services including book-keeping, VAT, payroll preparation, interim management accounts and the submission of forms, returns and claims.

Advising Throughout the Year

Once their business is profitable, many clients require advice on expansion. Through personal contact clients receive expert guidance and assistance with the development of their business, helping them to progress smoothly and successfully.

Minimising Taxation

Hanley & Co offers a complete range of services to help minimise clients' personal and business tax liabilities and plan for their future.

The practice handles all aspects of business and company taxation, with many matters being dealt with by the partner, who maintains an overall awareness of all clients' business and personal needs.

The rules concerning Value Added Tax become more complicated each year and the penalties for late registration or even innocent errors can be crippling. The practice offers advice on all technical aspects of VAT and help with inspections and enquiries.

Capital Gains Tax, in theory, is a tax which is gradually disappearing. Despite this, when a business is sold the tax bill may be substantial. However, many business people wish to understand their CGT position and careful forward planning can often completely eliminate any tax liability.

The need to reduce or eliminate Inheritance Tax can be important, especially for business owners. Effective planning can save money for beneficiaries and help preserve the family business.

Hanley & Co have considerable experience dealing with Tax Enquiries (investigations). With the wrong approach these enquiries can drag on for years and settlement figures can escalate. The professional way is to adopt a pro-active attitude to the enquiry, aiming to produce a clean bill of health or a minimum acceptable settlement as quickly as possible.

Self Assessment

Naturally, Hanley & Co offer a comprehensive service dealing with the Self Assessment regime. With comprehensive practice software from market leaders IRIS, we can handle clients’ Self Assessment Returns in a professional, cost -effective and efficient manner. In fact, Hanley & Co were one of the first firms of accountants in the country to file their clients' Self Assessments directly into the Inland Revenue's computers using the 'electronic lodgement system' ELS.

Looking Forward

Many businesses require projections, business plans and cash flow forecasts. These are computerised and are finalised in close co-operation with clients to ensure that their expectations are translated into firm, realistic projected figures. For new businesses our established links with local bank managers mean we can make introductions with confidence.

Accountants You Can Talk To

Not all accountants are the same. Hanley & Co are an enthusiastic firm with approachable and knowledgeable staff, who have years of experience dealing with small businesses and limited companies. The majority of new clients come by recommendation and the practice always welcomes new work of any type. Hanley & Co succeed because they are genuinely interested and assist clients by giving positive advice and opinions and do not confine their work to a simple review of last year's figures.

Our Services in Detail

Accounts Preparation

Auditing

Taxation Compliance

Taxation Advice and Tax Planning

Bookkeeping and VAT Service

Payroll and PAYE

Projections and Forecasts

Business Advice and Mentoring

Tax Enquiries (Investigations) and VAT Enquiries

VAT Advice