Case Study 3 – Business Start Up

As an example of what we can do for a very small start up business, we took on this lighting consultant as a new client. Having advised on the structure of the business, we set up a Limited Company for her, registered the business for VAT and PAYE, and advised on the most tax efficient remuneration structure.

In common with many start up businesses, our client was extremely busy in her early months sorting out administrative matters, marketing literature, banking arrangements, tendering for new work in addition to managing jobs. We were able to take on all her book-keeping for her and she posts us source records on a quarterly basis from which we write up records, prepare her VAT returns. Ongoing our service has remained highly convenient and cost effective solution.

As a result of our quarterly work, the year end accounts process is very simple and we are able to charge a fraction of the usual fee for the year end work and tax returns. Moreover we are in regular contact and are able to give support and advice, as well as ensuring that tax bills are minimised by claiming everything possible. Overall our client has piece of mind that her affairs are being correctly dealt with, gets good advice and frees up her own time to develop her business.