Accountants Billericay

Accountancy company in Billericay

Business owners often need to hire different types of professionals for various purposes, but there is one type of professional that is absolutely essential: an accountant.

A good accountant provides you with services such as tax planning and business advice, helping your company succeed and help increase profitability. Accountancy services can also take care of bookkeeping, payroll, corporation tax, VAT and other financial management tasks that might overwhelm you.

At Practical Bookkeeping, Accounting and Taxation Services (PBATS for short), we specialise in providing businesses and individuals with a comprehensive range of taxation services and accountancy services. Our team of qualified and knowledgeable accountants are dedicated to helping our clients reach their financial goals.

Accounting services in Billericay, Essex

The team collectively has decades of experience and numerous qualifications, such as:
  • MAAT (Member of Association of Accounting Technicians)
  • AATQB (Association of Accounting Technicians Qualified Bookkeepers)
  • CIPP (Chartered Institute of Payroll Professionals)

 

PBATS are accountants in Billericay who provide all of our clients with individual advice regarding tax; this not only streamlines the management of their accounts but also helps them to grow their personal wealth and minimize both corporate and personal tax liabilities.

We are proud to have helped hundreds of small businesses and new businesses grow since our company’s formation with our unmatched expertise and personable service.

Schedule a free consultation and quote today to see how we can help you grow your existing or new business with our comprehensive range of services.

Here is what we can offer you:

Statutory/annual accounts

Your annual accounts are a summarisation of your business’s financial peaks and troughs over the course of 12 months. This document displays your business’s profits and losses, as well as what your company owns (assets) and owes to others (liabilities). The data in these records is then used by HMRC–Her Majesty’s Revenue and Customs–to determine how much corporation tax you must pay.

Not only do annual accounts act as a financial credibility check for your business by banks and other institutions, but they will also be one of the first things that a lender will request if you’re looking to secure finance.

At PBATS, not only will we help you with the preparation of your annual accounts, but we will also file them for you. You can be confident that all relevant information is included and that we deliver timely information to all necessary parties

Managed payroll services

One of the most critical elements of being a good business owner is making sure your employees are paid on time and in full. Although this may be complicated and take up a lot of your time, it’s an important thing to keep track of.

From salary calculations to tax deductions and issuing payslips, our payroll management service handles it all so you don’t have to.

Our firm utilises industry-leading software, so we can precisely calculate your salaries and deductions, as well as provide you with detailed reports periodically to help monitor your payroll expenses.

Management accounts

Management accounts are updated records of a business’s financial performance and position that aid in future decision-making. In other words, understanding your management accounts helps you get an idea of where your business is currently at financially and gives you crucial insights about upcoming trends. Furthermore, delving into your company’s cash flow will allow for more financially sound decision-making which is crucial for small businesses that are planning growth.

Our clients come first, so we always make sure to adjust our management accounting services according to their unique needs. Whether they need us monthly or quarterly, we will be there for them.

We’re here to not only provide you with your management accounts, but to also advise you on how best to use them to improve your business’s financial performance.

Bookkeeping Services

Bookkeeping is an essential process for any business, allowing you to record, store and retrieve financial transactions.

We provide a full bookkeeping service that will take care of all your financial record-keeping needs. We can help you set up a system that is easy to use, and train you or your staff on how to use it. Or, if you prefer, we can handle everything for you — we work hard on the accounts so you can handle the rest.

We can provide you with detailed financial reports on a regular basis, so that you’re always aware of your business’s income, spending, and overall growth.

Tax planning and Advice

Taxation is constantly changing, and it can be hard to stay updated on the latest developments. However, at PBATS, we specialise in minimising your tax liability through careful planning and our extensive experience.

We’re also able to give you helpful insights on corporation tax, income tax, capital gains tax, inheritance tax and VAT.

Self-Assessment Tax Returns

If you are a company director, self-employed, or one of several partners within a business, an annual tax return through the self-assessment process is required. Prompt filing and accuracy is crucial.

We can help you prepare and file your self-assessment tax return, making sure that all the relevant information is included. We’ll make sure that your return is filed on time so that you don’t have to worry about it.

Our services don’t stop at simple tax filing- we can also help you to take advantage of any allowances or reliefs you may be eligible for, decreasing the amount of taxes you owe.

Do you need practical accounting services in Billericay?

If you value expertise and a high quality service, get in touch for a free consultation and a fixed-fee quote.

How else can we help you with your financial affairs?

In addition to our core services, we also provide specialised options.

Company Secretary

Directors of limited companies have several legal and regulatory requirements they must follow. While this might not sound too difficult, the process can be complicated and time-consuming- especially if you’re unfamiliar with company law.

We offer company secretary services and will handle all the duties that come with it, such as preparing legal documents, arranging shareholder meetings, writing reports, and managing share transfers.

We can also provide you with advice on a wide range of company law matters.

Business Review

A business review helps you evaluate your company’s strengths and weaknesses to improve operations.

The PBATS team can help improve your business’s financial performance by conducting a comprehensive review. We will analyse your business’s financial status, pinpoint any areas of concern and recommend solutions for improvement.

We can also provide you with accountancy strategies that can grow your business and maximise its potential.

Virtual Accounts Department

If you don’t have the in-house staff to help with your finances, we can give you a Virtual Accounts Department (VAD).

Our VAD service is an all-inclusive package that covers bookkeeping, accounting and taxation. We will assign a team of dedicated experts to your business who will take care of all your financial affairs on your behalf.

If businesses lack the time or expertise to handle their finances, our solution is perfect for them because it’s both affordable and hassle-free.

Local accountants in Billericay, Essex!

If you’re searching for an accountant in Billericay, PBATS offers qualified and experienced accountant and bookkeeping services to ensure your company’s success. We provide comprehensive assistance customised to meet your specific needs so that you can focus on running your business.

At our company, we provide bookkeeping, accounting, taxation, company secretarial and business review services. If you don’t have the staff to handle your financial affairs in-house, we also offer a Virtual Accounts Department (VAD) for your convenience.

For more information visit our other pages that will give you greater insight into a specific service.

Alternatively, for experienced help and a free consultation, call PBATS today! Our Billericay accountants would be happy to answer any questions you may have.

Accounting services near you

Our accounting services are available for businesses all throughout Essex these areas include but are not limited to;

BasildonBenfleetBillericayBraintree, BrentwoodCanvey IslandChelmsford, Clacton On Sea, Colchester, EastwoodGrays, Hadleigh, Harlow, Leigh On Sea, LoughtonMaldon, Rayleigh, Rochford, South Woodham Ferrers, Stanford Le HopeTunbridge WellsWaltham AbbeyWestcliff On Sea, Wickford and Witham