Tax Planning, Accountancy and Business Development Advice
Based on 20 Years Experience as Practising Chartered Accountants
Accountancy Preparation Services
At Hanley & Co the aim is to provide you with a service which is both constructive and helpful rather than just a historic 'scorekeeping' exercise.
For example, whilst the submission of annual accounts are required by law, our aim is also to add value to our service by providing quality reporting and information that you can use to improve your business.
We do not want you to see this as just another 'annual cost' – rather an investment in valuable business information to be used to improve your business.
Also, we now provide a 3 page 'Financial Performance Review' to analyse annual accounts and help our clients better understand the information in them.
Below is an extract from a sample review. To see a full example report please click here.
One of the key elements as part of our annual review is for us to identify areas where we can reduce your tax liability:
- This may include pointing out additional items of expenditure that you will almost certainly have incurred but may have forgotten to claim.
- It may include a change of accounting policy or treatment to comply with the latest possible methodology for accounts preparation.
- Or it may involve a change in the structure of your business to minimise taxation liabilities now and in the future.
This is also a time to look at the key financial indicators in your business and how they may be effecting your long term objectives.
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 annually on 'routine' work.
For many years we have been encouraging clients to keep their records in computerised format either by providing our Free online bookkeeping system or tailored spreadsheets or using software from market leader Sage. We have years of experience introducing Sage systems and training clients with the efficient use of this simple and effective software.
Of course we also handle all the statutory requirements on your behalf:
- Completion and submission of relevent Taxation Returns based on your accounts to HM Revenue & Customs.
- For limited companies, we prepare abbreviated accounts for submission to Companies House.
Probably my best business decision over all my near 30 years in business was to employ Hanley & Co as my company's accountants."
C Pimlott - ACP & D Ltd
