Services

Accountancy

We believe annual accounts shouldn't just be a process to comply with your obligations, but are critical to the success of your business. We can assist with Sole Trade, Partnership and Limited Company accounts. We are here to advise you every step of the way.

VAT Returns

If your business supplies goods and/or services in the UK, it may be required to register for VAT. Once registered, you are required to submit regular VAT returns (usually quarterly) to HMRC. VAT can be complicated, so we provide high quality services which ensure you comply with UK VAT law.

Bookkeeping

We can relieve you and your business of a significant burden by taking care of all your book-keeping needs. We treat every business individually and tailor our approach to your requirements. We use the latest cloud technology, to save you time and of course, save you money.

Payroll

We can take the stress away by taking care of all your payroll needs. We are also able to advise you of your obligations under auto enrolment which has already started to be phased in. Even if you only have a few employees, you will make savings by engaging us to administer your payroll.

Corporate Taxation

Self-Assessment

We understand that tax is a significant issue for any business. While it is crucial to stay compliant with HMRC, no business wants to pay more tax than necessary. We use our tax expertise and knowledge of allowances and reliefs to minimise your tax bills, whilst handling any HMRC queries on your behalf. This allows you to effectively run your business.

Completing a self-assessment tax return correctly and on time has never been easy. However, recent changes to tax legislation have made the process more complicated. Harsher fines and penalties have also been brought into force. We can carry out all computations, then complete and submit your return for you, providing you with peace of mind.

Property Rental Income

Capital Gains Tax

We specialise in advising on all accounting and tax aspects of rental property investment, including buy to let. We act for clients with properties in the UK, letting houses, flats and student accommodation. We provide a fixed cost service both for those new to the sector and for experienced individuals with substantial property portfolios.

Capital gains tax is due when you sell or give away an asset which has increased in value. We at AJM Accountants can help calculate your capital gain and use our knowledge of exemptions and reliefs to help minimise the amount of capital gains tax that you have to pay.

Business Start-ups

Tax Investigations

Most people who start up a business do so because they have a good business proposition, not because they are experts in the financial aspects of running a business. These factors can be quite daunting to a potential entrepreneur and this is where we can help. We can help decide a suitable structure, prepare a business plan, assess your finance requirements & set up internal accounting systems, as well as any other assistance you may need to make starting your own business run smoothly.

The risk of a tax enquiry and investigation by HMRC has continued to increase and HMRC officers are now using wider powers to visit premises and inspect financial records. The consequences and penalties associated with HMRC enquiries and investigations can be costly. We offer our clients fee protection insurance to cover costs incurred as a result of these situations. This means our team can focus their time and effort on your needs, without you having worry about our fees.

For information on any of the above services, please get in contact with us via our "contact us" page. Don't hesitate to call. We're here to help you.