HYDE & COMPANY LIMITED

Business Description

We are a small accountancy practice established to provide clients with a cost effective and reliable Professional Accountancy Service.

Our clients aren't the big business type, they are the every day smaller businesses of sole traders, partnerships between relatives or friends, family run and owner managed limited companies.

As a small practice, all our clients benefit from our personal attention in all their dealings, but what sets us apart from the competition is that through our relationships with Independent Financial Advisers and specialist Chartered Tax Advisers we are able to offer the kind of specialist advice that has in the past been the preserve of the larger business.

Business Services
Let us look after the financial aspects of your business and remove the hassle and stress of preparing your accounts. We work for:

Personal Tax Payers
Sole Traders
Partnerships
Limited Companies
Business Start-up.
With our friendly and efficient service, we can provide you with the following services:

Accounts Production
From your books and records we will prepare your annual accounts that will form the basis for your tax return. Using our FREE accounting software will make this process easier and more cost effective.

The annual accounts will also be invaluable for providing information about your business to banks and mortgage companies.

Tax Savings
Are you paying too much tax? The tax legislation contains many relief's and allowances to minimise your tax liabilities. It does not matter how the tax arises on profits, gains or earnings.

With our professional advice, we can help you to minimise the amount of tax you pay to the Inland Revenue.

Tax Returns
We can offer you professional advice on completing your self-assessment return or we complete it on your behalf, we have wide ranging experience in this area.

We will give you guidance on areas in which we consider you can legally save tax and guarantee to regularly inform you of your tax payable, if any, in advance of deadline. We will liaise with the Inland Revenue on your behalf and ensure you are left to run your business with the minimum of compliance hassle.

Payroll (PAYE)
Pay As You Earn (PAYE) has an impact for both employers and employees. We are trained to advise our clients regarding all aspects of payroll preparation and compliance. In fact we can offer a complete payroll service if you would like to outsource this time consuming process.

Bookkeeping
We can provide an accurate and comprehensive service tailored to suit your business or advise you on the methods best suited to you. Using online accounting software, we can advice you in real time about the financial impact of your future plans on your business.

Value Added Tax (VAT)
Should you be registered? We will tell you immediately. Most registered traders simply add VAT, where appropriate, to their sales and pay this over to H M Customs and Excise (HMCE), less any VAT input tax paid to suppliers, on a quarterly basis.
This can cause cash flow problems, you may have to pay VAT added to sales invoices that is still not paid by your customers. To help with this cash flow problem HMCE have created a number of "Special Schemes".

If you are at all unsure how to proceed please get in touch and we will give you the answers.

Cashflow & Business Planning
We can provide assistance to individuals and businesses on preparing Cashflow, budgets and business projections as and when required. Cash flow projections and budgets assist in the successful running of your business and with financial planning and decision making. Using our FREE online accounting solution, you can be up to date anytime.

These projections are typically needed by loan providers if you are intending to borrow money.

Capital Gains Tax
If you are a business owner or individual considering selling an asset or business, we can advise on any relief's that may be available and of the possible capital gains tax charges that may arise.

Corporation Tax
Corporation tax is payable on limited company profits and gains. We can assist you with corporation tax calculations, and corporation tax returns.

Limited Company
Limited companies will provide access to a number of tax planning strategies, and limited liability status. Although there is perceived prestige in operating as a limited company you will lose some of your privacy - directors and shareholders personal details and abbreviated accounts have to be filed, and are open to public scrutiny.

We will help with incorporation, registered office and company secretarial services.

Business Qualifications
We are a member of the Association of Chartered Certified Accountants (ACCA)

Business Memberships
Association of Chartered Certified Accountants