I'm Starting a Business
Ready to throw in your 9 to 5 job and start your own business?
Whether you are striving towards financial freedom or have a desire to use your talent independently, seeking the right support in the early stages of starting your business can make everything seem far less daunting.
Everything we do is tailored to supporting you and your new business.
A little different to the more “traditional” accountant, at BAS we have a structure in place to support our clients as they start, grow, and develop.
Our dedicated accounts take away the challenges of business compliance freeing you up to work on your business whilst having experienced business coaches on hand whenever you need support.
To help you understand just how much we can support you with, or to help you can select specific services to build the right package for your business, here are our core services:
Tax and Accountancy Services
Registering a business might look simple. However, there are fundamentals to be considered to ensure there are no long-term implications We will advise the right legal business structure for you sole trader, limited company, or partnership and manage the whole set up process for you.
Year-end Accounts and Corporation Tax
Getting ready to provide all the information for your annual accounts can feel like a daunting task. We will work with you to make this a simple and easy process to ensure your accounts are prepared accurately and promptly whilst proactively working to manage any tax liabilities.
We build bespoke reports to ensure you have the key business financial data and metrics to understand your business performance. With greater visibility, forecasts and indicative tax calculations, our monthly or quarterly reports help you make more informed business decisions.
Personal Tax Returns for Business Owners
There are no deadline day tax bills here! When it comes to Tax we believe in forward planning. So, we work to complete tax returns as early in the year as possible. This means we have time to discuss the outcomes whilst enabling clients to plan for the payment of any potential tax bills.
We don’t know many business owners that enjoy rolling their sleeves up ready to organise and enter receipt and invoice data. Managed bookkeeping will also help with budgeting, tax preparation, performance analysis and business planning. So let us manage this for you it’s our day job after all!
With multiple VAT schemes to select, different VAT claiming rules for different business and purchases, we manage your VAT in the most efficient way, with the right information and claims for each VAT return not to mention our experts live and breathe VAT so work at the speed of light!
Payroll can be a very time consuming and labour-intensive task for small business owners. As part of our service, we implement software and processes to reduce the administrative burden that can come with payroll along with support on the most tax efficient way to get paid as a director.
Company Secretarial and Registered Office
Our address will be registered at Companies House as your official company address and listed on the public register to keep your residential address private. As part of this service, we will also manage all your mail ensuring all necessary post is forwarded efficiently.
Accounting Software and Solutions
We work with you to understand the right way to manage your records and share your business performance updates. Our post popular software option is Xero, and we can support with conversion, bespoke set up, training and everything in between!
Tax is a complex area and can become more complicated if you own a business or have several sources of income. So, good tax planning advice is essential to optimise your tax position as a business and an individual. Our experts will work proactively to meet the tax deadlines.
Virtual Accounts Department
Protect your business costs and keep all your financial activity in one place, with our virtual accounts department. Our dedicated team protect your cashflow ensuring any debtors are proactively contacted with payments secured or plans agreed, along with complete accounts payable services.
Business Development and Support Services
You want to be successful, you want your business to be successful and we want to help you be successful. Take time out of your day-to-day activities IN your business to spend quality time focusing ON your business. Together we will build the right plan for you and your business.
Whilst the business is performing well, the financial metrics of your business may not be a concern. However, when it comes to making investments, understanding poor performance or building a growth plan, having financial awareness is key let us help you build your financial understanding.
Whether you’re planning on exiting the business in two years or 20 years, it’s important to have a succession plan in place now. A plan should consider unforeseen events, options for succession, sale options, client relationships, and the overall reputation of your business.
Help without Hiring
We understand that business owners will have a to-do-list that never decreases, you want to grow, expand and develop but might not have the time, money or resources to hire full-time support. So, why not hire in our experts to help create and implement strategic change in your business?
Wills, Probate & LPA's
None of us know what the future holds. Whilst you are working hard running your business it is the perfect time to ensure your hard work is protected and your cared one’s futures have been planned for. Wills, Probate & LPA’s work together to protect your hard work.
Everything starts with a conversation,
how can we help?
Tax & Accountancy
Business & Development