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Business Accounting Services

Proactive would like to become a key partner for your business. We will help you develop, grow and manage your business through honest, strategic, credible advice. To underline our commitment to small businesses, you will benefit from free ongoing advice and support. And trust us, we’re in for the long haul, like you.

Audit & Assurance

As Registered Auditors we act for corporations, charities and not-for-profit organisations and will undertake your auditing and assurance requirements with minimum fuss, and maximum efficiency and accuracy.

Whilst giving you the peace of mind that your accounts are fully compliant with statutory requirements, we can also assist in identifying strengths and weakness in your systems leading to recommended changes.

Accounting

Here at The Proactive Partnership we are highly experienced in the preparation of annual accounts for sole trader, partnership, LLP or Limited company status businesses.

We provide a seamless electronic filing service with HMRC and Companies House. Our effective deadline monitoring process will ensure the most efficient service is provided to you, avoiding penalties and aligning with your schedule.

Business Valuations

Whilst running a successful business it is important to keep the end in mind. Your aim might be to sell the business at a point in the future and Proactive can help put strategies in place to increase the business value to potential buyers.

Our accountants can provide valuations for selling businesses, for shareholder buy back purposes and for acquisitions. Whatever the requirement, our due diligence will be undertaken with tender loving care.

Company Formation

Our company formations service will provide you with advice regarding company names and statutory obligations as well as performing a full company search.

Even if you are taking your very first steps into the business world, we can help you decide which legal structure will be most beneficial to you and do all the hard work for you, leaving you to focus on everything else.

VAT

We are here to advise on VAT registration, de-registration and the suitability of particular VAT schemes.

Furthermore we can inform you on the recoverability of input VAT and whether VAT needs to be charged on particular sales.

Proactive will recommend the best VAT scheme for your business and circumstances whilst ensuring that you comply with current legislation.

Company Secretarial Services

The Companies Act places strict obligations on companies to submit the required documents by set deadlines.

We take electronic control of filing making those annual responsibilities easy for you. Proactive will maintain your statutory records, submit annual returns and handle all routine Companies House matters. We also offer registered office and acting Company Secretary services.

Corporation Tax

In the UK, business tax compliance includes tax returns, iXBRL tagging, forms and elections.

Just as our name suggests, we believe in a proactive approach to tax planning; seeking to identify opportunities through changes in tax laws and government initiatives.

Our team will ensure that any tax strategy adopted is appropriate to your business and is monitored throughout the business lifecycle.

Bookkeeping & Management Accounts

Keep your time to concentrate on what you do best by having Proactive manage your accounts.

Using a cloud-based system or Sage Accounts, we’ll happily process records monthly or quarterly. Payroll, monthly management accounts and credit control procedure reviews are also available to aid effective business organisation.

We don’t need to tell you that cash flow is vital, particularly in difficult economic times; our cash flow forecasting and scenario analysis explores profit maximisation opportunities.

HM Revenue & Customs Investigations, Fee Protection Insurance

Tax investigations by HM Revenue & Customs are on the increase and when a business is investigated there is often extensive additional work for an accountant to do in order to present your case in the best possible way.

Our complete review service covers preparation of the relevant information and responding to investigations on your behalf. We also offer a Tax Investigation Fee Insurance service which is available to cover all accountancy fees in the event of any Personal Tax, PAYE, Corporate Tax or VAT inspection, keeping additional fees out of the picture.

Virtual Finance Director

Our VirtualFD initiative gives you all the benefits of having a Financial Director on your side, without exposing yourself to the complications, risks and drawbacks of actually employing one.

It’s a service that is perfect for forward-looking enterprises that are going places; those organisations and businesses who understand that in today’s commercial arena it sometimes pays to think differently and buck convention.

Business start-up & Business Plans

The process of starting your own business can be a daunting thought… where do I start?

Proactive can hold your hand, evaluating feasible business ideas and guiding you through processes. Detailed and realistic business plans help you prepare for the future and for borrowing. As your accountant, we will make it our goal to thoroughly understand your business and help you prepare sound financial plans.

We can also help you draw up an appropriate start up strategy and set up business structures, bank accounts, VAT and taxation.

Payroll

We offer a full payroll service and endeavour to provide practical advice on employing staff and ensuring compliance with tax and employment legislation.

We will assist new employers through the registration process. We will deal with all the necessary statutory forms, including completion of all RTI returns.