Highfield Strand Associates Ltd Logo
 Home
 About Highfield Strand
 Services
 Small Ltd Companies
 Company Incorporations
 Contact
 Links


Click for more information:

Specialists in small and medium sized limited and IT Contractor companies
Fast bespoke Company incorporations



Self employed and Company accounts preparation
We can prepare accounts from your book-keeping records and produce these in the format required by the Inland Revenue and Companies House.

Payroll bureau with related advice and support
We are able to deal with all of your payroll requirements including weekly, fortnightly or monthly calculations with payslips. BACS payment support is also available. We also have the advantage of being able to advise on complex PAYE and related matters as we have the support of the accountancy practice as back up.

Management accounts and business support
We can assist you to know where you are, financially. We can prepare monthly or quarterly management accounts based on the information you provide.
We can also help with the preparation of report and claims such as government SMART awards and grant applications.

Tax planning for individuals and businesses

One of the areas most often overlooked is the planning with a view to minimising the tax effects on your business. Many businesses will take an initial decision based on the circumstances at the outset but may not revisit the tax position until it is too late.

Even things like considering whether to buy a new car through the business or privately, or the best way to purchase capital items need careful consideration.

Individuals may wish to consider such planning areas as retirement, the sale of capital items and, an area that is very relevant in the current climate of high property prices, minimising the impact of Inheritance Tax on your dependants after your death.

The Inheritance Tax threshold for 2004/05 is only £263,000 and, if your estate is valued at more than this, your dependants will have to pay tax at the rate of 40% on the surplus. If the only asset is the family home, there could be difficulty in settling the tax without the need to sell it.

New business start up advice and planning
We deal with many new businesses and company incorporations and therefore have experience in advising of the best way to set these up. You may be considering being a sole trader whereas using a limited company may be more appropriate.

Alternatively, the new rules concerning the payment of Corporation Tax at higher rates when taking profits as dividends may mean a limited company may no longer be the best route for you.

Book-keeping services and VAT advice
We can check the accuracy of your book-keeping records on a quarterly basis and prepare the relevant VAT return.

We can also help advise you on the best method of book-keeping for you and your business. Remember that the records you keep are not only there to provide your accountants with the necessary information to prepare your end of year accounts, they are primarily there to help you make informed decisions and see where you stand, financially, at all times.

We can assist you in setting up your own in house systems and are happy to provide training and support in the use of spreadsheets or software-based packages such as Sage and Quickbooks.

Free initial consultation and fixed fees
We are happy to discuss your requirements either in person or over the telephone at no cost.

We will also advise you of the fees we will charge at the outset and agree these with you based on the various services you opt to take up.

The fees will be fixed for a minimum of twelve months.

We recommend the payment of fees by monthly standing order as this enables our clients to comfortably spread the cost of their services.


For information, or to discuss your requirements:

  Telephone us on 01473 284030
  Email us on info@highfieldstrand.com