Accountancy

Every business needs up to date and accurate accounts. Here at Ruth J Ronald & Co, we prepare accounts for many types of business, ranging from sole traders and SMEs to partnerships and limited companies.

We understand that the day-to-day running of a business requires your full attention: our accountancy services will provide you with peace of mind that your accounts and returns are up-to-date and filed in a timely manner.

We can assist in preparing your annual accounts, your management accounts and completing your VAT and PAYE records. We can also help you to prepare for an investigation by HMRC, and complete and file your self-assessment tax returns.

For more information, please contact us.

Bookkeeping

Today’s busy business owner doesn’t want to spend hours making sure that their accounts are up to date and complete.

That’s where we can help.

Ruth J Ronald & Co’s bookkeeping service will ensure that your accounts and records are kept up to date.

Our knowledgeable team will collect your bank statements, receipts and papers and make sure that they are filed in accordance with the relevant regulatory requirements. We will free up your time to allow you to get on with the day-to-day running of your business.

For more information, please contact us.

Business Start-up

Here at Ruth J Ronald & Co, we appreciate that beginning a new business venture may initially seem daunting.

That is why we are on hand to guide you through the business start-up process. We will assist you in managing the start-up requirements, and we will provide expert advice and support at a time when it is most needed. Ruth J Ronald & Co can help you to choose the most suitable structure for your new business – whether it be as a sole trader, limited company or a partnership. We can also assist in the creation of an effective business plan, cashflow projections, trading forecasts and budgets.

If you find yourself in need of finance, we can advise on the most appropriate sources of funding for your requirements, and draw up the necessary proposals. Our team will also establish a good working relationship between you and your bank.

In addition, we can finalise any registration procedures with HMRC and Companies House, and handle your company secretarial issues.

For more information, please contact us.

Business Support

Our advisers aim to form a long-lasting working relationship with you and your business, ensuring that we are on hand every step of the way to make sure that your business prospers and grows.

Ruth J Ronald & Co will assist you in starting up a new venture, planning to ensure that your business meets its goals and raising the appropriate amount of finance needed to get your start-up off the ground. Our experienced team can also help you in the efficient management of your business finances, and can recommend systems to accurately manage your firm’s expenses.

We can also help you to manage your cashflow and create forecasts, minimise your tax bill, generate strategies to develop your business, plan for the long-term and your eventual exit from the business and efficiently collect cash and bills.

To discover how Ruth J Ronald & Co can support you and your business, please contact us today.

Business tax

Tax legislation is constantly evolving – we ensure that your business’s finances keep up with the pace.

We make sure that you are paying the correct amount of tax, and assist you in making the most of any allowances or schemes that may be available to you.

For more information, simply click on the capital gains tax, corporate tax planning, HMRC investigations and VAT advice links below.

For more information, please contact us.

Making Tax Digital

The government is due to implement its Making Tax Digital (MTD) initiative over the coming years, which it hopes will create a ‘transparent and accessible tax system fit for the digital age’.

The new regime will see taxpayers move to a fully digital tax system, with businesses and individuals required to register, file, pay and update their information using a secure online tax account.

Businesses will eventually be required to supply up-to-date information in respect of their income tax, VAT and national insurance contributions (NICs). Updates will need to be made at least quarterly.

Ruth J Ronald & Co can assist businesses in making full use of this new system, and can provide advice and support in regard to the quarterly updates required by HMRC.

We will also be keeping up to date on the latest developments in relation to MTD.

Please contact us for more information.

Payroll

We know that, as a busy business owner, you require an experienced team of accountants who will help to effectively administer your company payroll, and allow you to get on with the job of running your business.

Our payroll service includes the creation of customised payslips; the effective administration of PAYE, national insurance, Statutory Sick Pay, Statutory Maternity Pay, RTI, Auto-enrolment pensions and much more; and the administration, completion and filing of weekly or monthly statutory forms under the Real Time Information (RTI) regime.

We can also assist businesses in filing Construction Industry Scheme (CIS) returns; provide analyses and summaries of staff costs; handle the administration of bonuses, termination and ex-gratia payments; and effectively administer workplace pension schemes, alongside pensions auto-enrolment.

To discover how you could benefit from our comprehensive payroll service, please contact us.