A true story from cradle to date....

A number of years ago an employed salesman asked us to complete his tax return and expenses claim. Of course we duly obliged and obtained income tax repayments.

After two years of completing the returns our client had a business idea and asked us to prepare cash flow projections and budgets and to provide advice on the most appropriate method of trading. When the business started we initially agreed to undertake the book-keeping until the business could afford an in house book-keeper. Initially we assisted with payroll and VAT returns until that was eventually taken in house.

We continued to be actively involved in the preparation of management accounts. The business expanded and incorporated. We attended to the statutory audit. It developed several arms and we provided advice on the group structure. It suffered a hiccup and we were engaged to prepare a business viability report. The business then grew healthily and received a multi million pound offer it could not refuse. We advised on the Business Valuation and Capital Gains Tax implications and the residency status of the vendor.

For a few years we attended to the tax compliance affairs of the vendor until he recommenced in property development which has a number of traps for the unwary.

Our philosophy is to undertake whatever work the client does not wish to do themselves which at different times of the business life cycle will vary.