Accounting services in Letchworth

Your choice of accountant is about more than getting your annual accounts and tax return submitted accurately and on time. It is about finding somebody to become your trusted business advisor, a partner with specialist expertise to help you make great decisions to protect, manage and grow both now and in the future.

Depending upon the needs and scale of your business, you might just want the essentials covered. Or you could be looking for more strategic input, beyond the elementary administration tasks. At UHY Hacker Young Letchworth we offer a wide range of accounting services that can be tailored to provide the right level of support for you.

Essential accounting services

When you’re smaller, choosing an accountant that can adapt to your needs as you grow clearly makes sense. Whether you just need to get your basic accounts done for a sensible price, or you are looking for a little more hands on support, you can choose from a wide range of core accounting services.

  • Bookkeeping services that free your time from clerical tasks and set you free to get on with running your business instead
  • Corporate and personal tax returns with the expertise to advise you how to safely minimise what you have to pay
  • Support and advice on VAT, including which one of at least four options will be best for your profit and cash flow
  • Annual submissions to Companies House
  • A friendly qualified accountant to call whenever you need advice, with expertise in topics as diverse as company car tax to employment law

Strategic accounting services

On the other hand, if you run a larger business, you’ll be looking for all of the benefits that a professional accountancy team brings. Things like higher margins, increased resilience against recession, benchmarking that keeps you ahead of your competition, plus other strategic support to make the profits you know you could be achieving.

  • An outsourced Finance Director service, so you get the knowledge and expertise to make strategic decisions without the expense of a full-time Finance Director
  • Tax advice from basic tax planning to some of the most advanced schemes on the market, helping you to hold onto more of your hard-earned profit and income
  • Auditing service from an accomplished team, headed by a Partner to give you insights, rather than being somebody who just signs the audit report
  • Help to select the best type of finance for your particular situation and to prepare your business case so that you feel prepared and confident
  • Introductions to banks, investors, lenders and other types of financial institutions that can support the needs of your business
  • Develop your Partnership and Shareholder Agreements to help you avoid relationship distractions and let you concentrate on running your business
  • Support through mergers and acquisitions, to give you the confidence that comes from having experienced professionals on your side of the table
  • Get advice and assistance in developing international business 

The next step

If you would like to discuss the accounting and tax services we can provide for you in more detail, please contact a member of our team.

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Latest publications

Setting up business in the UK

If you are considering the UK as a possible location for your business expansion, we can help you. This document outlines the range of professional services we offer to assist you in the set-up of your UK business operations.

Business support services

As an extension to your business, we can replace or supplement your existing support function.

FRS 101

In November 2012, the FRC published FRS 101, “Reduced Disclosure Framework”, which together with FRS 100 (published in November 2012) and FRS 102 (published in March 2013) forms part of the new UK GAAP regime. Download our fact sheet for information about the purpose of this FRS. 

FRS 100

FRS 100 is the conceptual framework for the new UK GAAP reporting requirements, giving many entities a choice as to which reporting standard to adopt, depending on factors such as size and whether or not they are part of a listed group. It also introduces some changes to FRSSE, which will be effective from 1 January 2015, with early adoption permitted. Download our fact sheet for further information.

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