Accountants Braintree

Accountancy company in Braintree

Every business, large or small, needs to have an accountant on their team in order to ensure financial success.

An excellent accountant will not only do your taxes but also offer business advice and support to help your company succeed. In addition, they can take care of bookkeeping, payroll, corporation tax, VAT returns, analyse business performance and provide other financial management tasks that might be too much for you to handle.

At Practical Bookkeeping, Accounting and Taxation Services (PBATS for short), we provide 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 with our accountancy advice.

Accounting services in Braintree, 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)

 

At PBATS, we pride ourselves on providing individualised tax and bookkeeping services to all of our clients in Braintree. We believe that this personal touch not only helps to streamline the management of your accounts, but also allows you to grow your personal wealth and minimize both corporate and personal tax liabilities.

We love nothing more than seeing new businesses succeed, and we’re proud to have played a role in the growth of many a small business, sole traders and other business ventures too. Our team is unrivaled when it comes to knowledge, experience and excellent service.

If you’re looking to grow your business, schedule a free consultation with our friendly team of accountants in Braintree today and receive a free, no obligation quote.

Our comprehensive range of services is designed to support businesses of all sizes; so whether you own a small business that is developing or have already built a successful business and are simply looking for new accountants in Braintree, we can help.

Here is what we can offer you:

Statutory/annual accounts

Your annual accounts are a summarisation of your business performance 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.

Your business’ annual accounts play an important role in maintaining its financial credibility with banks and other institutions. They’ll also be one of the first things that a lender will request if you’re looking to secure financing.

We prepare and file your annual accounts here at PBATS so you don’t have to worry about a thing. You can always trust that all relevant information is included in the filing, and we make sure to deliver it on time.

Managed payroll services

One of the most important things for any business owner is to make sure their employees are paid punctually and in full. Although this process can be complicated and time-consuming, it’s crucial to keep track of.

Let our payroll management service assist you with the responsibility of salary calculation, tax deductions, and payslip distribution, so you don’t have to.

We use top-of-the-line software at our company so that we can precisely manage your salaries and deductions, as well as giving you regular detailed reports documenting your payroll expenses.

Management accounts

Management accounts are important for any business because they provide up-to-date information about the company’s financial performance and position. This data is useful for making future decisions about the business. Additionally, analysis of the management accounts can give insights into cash flow trends which is especially important for small businesses planning to grow their operations.

The unique needs of our clients always come first, so we make sure to adjust our management accounting services monthly or quarterly, as needed.

Bookkeeping services

Bookkeeping is a vital process for businesses of all sizes. It allows you to track, store and retrieve financial transactions, giving you an accurate picture of your company’s finances.

Just like our other services, our bookkeeping service is tailored to fit your specific needs. We can either help you set up an easy-to-use system that you or your staff can learn quickly. Or, if you would rather not have the hassle of dealing with it yourself, we are more than happy to handle everything for you–we’ll work diligently on the accounts so that you can focus on other aspects of running your business stress-free!

We want to keep you updated on your business’s financial situation, so we can provide detailed reports as regularly as required. This way, you’re always in the know about income, spending, and growth.

Tax advice and planning.

PBATS always strives to stay ahead of the ever-changing field of taxes so that we can help you minimise your tax liability. With our deep understanding and extensive experience in this domain, you can rest assured knowing that we will work hard to achieve the best possible outcome for you and your money.

In addition to ensuring that you stay compliant with your taxes, we can also provide helpful insights on corporation tax, income tax, capital gains tax, inheritance tax and VAT.

Self-assessment tax returns

For a company director, self-employed professional or a partner within a business, an annual tax return through the self-assessment process will be one of your personal responsibilities. Prompt filing and accuracy is crucial.

Self-assessment tax returns are comprehensive and can be overwhelming but our accountants can make the process easier. We’ll include all the relevant information and make sure that your return is filed on time, so you don’t have to worry about it.

Not only will our team help you to file your taxes, but we’ll also make sure that you’re taking advantage of any and all tax breaks or reliefs you qualify for. This way, you can be confident that come tax season, you won’t owe more than necessary.

Do you need practical accounting services in Braintree?

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?

Our company not only provides essential services, but we also have more unique offerings too.

Company Secretary

Directors of limited companies have several legal and regulatory requirements that they must abide by. These processes can be complicated and time-consuming- especially if you have no prior knowledge of company law.

At our company, we provide secretary services that include preparing legal documents, arranging shareholder meetings, writing reports, collating invoices and managing share transfers. This relieves the director of this duty and gives them peace of mind that they are being delegated to an experienced professional.

Business Review

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

If you’re not happy with your business’s financial performance, our team at PBATS can help. We conduct comprehensive reviews and will identify any areas of improvement before suggesting solutions to get your business back on track.

Virtual Accounts Department

Let us provide you with a Virtual Accounts Department (VAD) if your Braintree office doesn’t have the in-house staff to attend to your finances.

Our VAD service offers comprehensive bookkeeping, accounting and taxation services. We will assign a team of experts to your business who will take care of all financial affairs on your behalf.

If businesses want to save money and time, our solution is perfect for them because it’s affordable and easy to use.

Local accountancy services in Braintree, Essex

At PBATS, we provide qualified and experienced accountant and bookkeeping services to companies in Braintree to ensure their success. We offer comprehensive assistance customised to meet your specific needs so that you can focus on running your business.

Our accountants in Braintree offer bookkeeping, accounting, taxation, company secretarial and business review services to make your life easier. If you don’t have the staff to handle your financial affairs in-house, we also offer a Virtual Accounts Department (VAD) so that you can focus on other things.

If you want professional help and a free consultation, call PBATS today! Our Braintree accountants are always happy to share their expertise and 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