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Keeping you in touch with your numbers - Getting you in control

Accounts

Every business has a statutory obligation to produce accounts annually for the relevant authorities, typically HM Revenue & Customs and Companies House. This is a job that someone has to do and most accountants do that job.

One of the key objectives in accounts preparation is to identify areas where we can assist in minimising your tax liability. Another key objective is to ensure that the accounts are compliant with all the statutory regulations.

In addition we like to gain a full understanding of your business so that we are able to give advice and recommendations tailored exactly to your requirements. We believe that accounts preparation in itself can give a massive insight to your business and gives the bigger picture, to help with both the short-term objectives and long term goals of the owners.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future. We also offer an option for our tax enquiry service where investigations are covered at no extra cost.

Management Accounts

As a business owner you don’t want to stand still or go backwards.

So it makes sense to keep a closer eye on the important numbers in your business.

You are then able to spot problems before they arise, and spot opportunities before they pass you by.

At Murray Associates we are here to help you prepare financial performance information on a monthly or quarterly basis. We will meet with you to discuss and review the results; and we guarantee you will begin to see profits increase.

The main benefits of this service are:-

Cash is King – apply best practice to get your cash flow under control (no more sleepless nights!).
Problem Identification – year-on-year trend analysis for peace of mind.
Accurate Budgeting – control your costs, manage your sales and you will make profit.
Regular Meetings & Advice – an outsider's view always provides a healthy insight.

Make the most of your business by using proven experts. When we sit down to discuss your financial performance, you have the opportunity to pick our brains about any ideas you have or issues you are facing. In effect you have a financial director sitting on your board! By asking others for advice, and sharing the load, you will improve your decision making process. We will help you map out a strategy for the short, medium and long term.

Bookkeeping

It is important to get the fundamental numbers right and in the right order. You can do it and we’ll provide the software with our cloud computing system. We can give you a hand when needed to get the numbers to drive your business on and minimize or keep the Tax man and the VAT man away as you’ve got it right! Become a client and get free bookkeeping software using secure cloud computing.

If you prefer extra support we can do all the bookkeeping, however we suggest you do the invoicing to make sure you get the money in promptly and we’ll do the rest AND we’ll also check you are invoicing in the right way. This will also allow us to complete your VAT returns for you very easily. We also offer an option for our tax enquiry service where investigations are covered at no extra cost.

With your payroll system we take away the hassle of being a tax collector for the revenue. We run payrolls on time using specialist software and provide employee payslips, monthly summaries and PAYE returns for the revenue, completion of P45’s for leavers, year-end PAYE returns including P35, P60’S & P11D's, calculate statutory sick pay, maternity pay and paternity pay and dealing with tax credits and student loan deductions. We also offer an option for our tax enquiry service where investigations are covered at no extra cost for PAYE investigations.

However if you want to do your own payroll we can produce your employer end of year returns from your own records and assist with correct completion of P11D's for employees expenses and benefits to avoid any fines.

Contact us for a free consultation to find out how you can dramatically improve your business by becoming a Murray Associates client - phone or email Carolann for an appointment.