CLOUD BOOKKEEPING
Cloud bookkeeping is an effective tool to give you and your accountant a real time view of your business' performance and financial position. This enables the accountant to be much more proactive in terms of tax planning, giving better and more specific advice. It can also help with meeting deadlines. Cloud bookkeeping software is also a requirement of HMRC's Making Tax Digital regulations. We are highly skilled in a number of cloud bookkeeping packages, including Xero, Quickbooks, Sage & Zoho Books. We are extremely well equipped to help with your migration to a cloud bookkeeping system or to get more value from the system you are using.

ACCOUNTS
We will accurately and efficiently prepare your business' accounts, ensuring your deadlines are managed so they are ready for HMRC and your bank manager, leaving you to concentrate on the day to day running of your business.
We prepare company accounts to meet statutory filing formats, updated for new legislation and accounting standards as they arise.
TAX
We will manage your tax affairs as efficiently as possible to ensure you don’t pay more tax than you need to, now and in the future. We cover the following broad areas of taxation:
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personal tax returns and tax planning; including Capital Gains Tax, benefits in kind, Inheritance Tax.
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business and company tax returns and tax planning; including Corporation Tax, VAT, PAYE, CIS Tax, R&D claims, HMRC tax enquiries.
MANAGEMENT REPORTING AND ANALYSIS
Stuart had the quite unique experience of starting his career in the commercial sector working as a financial analyst. This experience gives The Fosseway Practice the ability to offer businesses high level management information, analysis and advice. We can provide you with regular updates on your business performance and health. By identifying the key indicators of your business’ success we can monitor and report to you in a timely manner so you can make informed decisions to help your business.
BUSINESS ADVICE
Whether you are seeking business growth, healthier profits, efficiency or quality of life, we can offer advice on the best ways to achieve that. We take great satisfaction and pride in helping a business to achieve it’s objectives. If you need advice on the best way to structure a business we can assist with this too.
PAYROLL
We can assist with all aspects of payroll compliance. We can process your payroll to produce payslips for you whilst meeting the requirements of
Real Time Information (RTI) and if applicable; Work Place Auto-enrolment Pensions, Construction Industry Scheme reporting and Employee P11D returns.
BOOKKEEPING
We are well equipped to accurately and efficiently process your business' records. This could either be onsite if its more practical for us to do that, using our in-house systems, or alternatively supporting your use of cloud bookkeeping systems.
FUNDING ASSISTANCE
If you are looking to seek funding, whether that is to secure growth or a shortfall in cash flow, we have a number of contacts that may be able to assist you depending on your circumstances.