Services
Services Overview
At TWJ we understand that every business is different. Whatever your needs, we'll provide a tailored approach of services and solutions that are right for you.
Accounts
We provide specialised accounting services for every business
We provide accounting services for every business. Whether you are a sole trader, partnership or limited company we will make sure all accounting and tax requirements are met.
Our staff are experienced in the use of many standard accounting packages including Sage, QuickBooks, and more. We will ensure you are keeping quality records and using your software to its full potential by providing expert guidance throughout the year.
Services include
Statutory accounts
Non-statutory accounts
Periodic management accounts
Bookkeeping
Medical and Healthcare Accounting
We work with doctors, dentists and opticians, both locally and throughout the UK. Whether you are self-employed, in partnership, or trading as a limited company, we can advise on, and take care of the many specialised and complex areas of accounting and taxation relating to these professions including:
Preparation of GP Pension certificates
Tax compliance
Preparation of partially exempt VAT returns for Opticians
Locum doctors accounts
Start-ups
Whether you’re just starting out, or forming a new company, we’re here to help. At TWJ we have many years of experience working with start-ups. We can work with you offering expert advice, freeing up more time for you to develop your business.
Our start-up services include:
Company formations
Tax planning
Legal documentation
Cloud accounting
Software training and advice
Tax
Expert tax advice tailored to your specific needs
We provide expert advice to ensure you take maximum advantage of all available tax planning opportunities in order to minimise your tax liability.
We have experts in various areas of UK tax law ensuring our clients get the very best service.
Services include
Corporation tax returns
HMRC tax investigations (including tax investigation insurance)
Personal tax returns
CIS returns
Tax planning
V.A.T.
Capital gains tax
Inheritance tax
Making Tax Digital
From April 2019 all VAT registered businesses with turnover above the VAT threshold will be required to maintain digital records and will need to send their VAT information to HMRC using third party commercial software. HMRC’s online portal will remain available to all other businesses who voluntarily register, but have turnover below the VAT threshold.
Businesses will be required to keep digital records and submit its VAT returns digitally with effect from the first VAT return period beginning after 1 April 2019.
MOVING FORWARD
HMRC are still steadily releasing information regarding MTD. We do know some things for certain;
After 1 April 2019 if you are above the VAT threshold you will need some form of software to submit your VAT return. You will not be able to submit your return via the HMRC website.
Your current software, if up to date, will be introducing features that enable you to submit your return digitally.
If you wish to learn more about MTD, or would like to discuss software options please get in touch.
Retirement Planning
It's never too early to start your retirement planning. TWJ offers advice regarding investments, pensions, trusts, and inheritance. Retiring financially secure can ensure you're able to maintain the same standard of living in your later years. Achieving this requires considerable forward planning.
Our retirement planning specialists can provide expert advice regarding:
Maximising the value of your business whilst minimising any tax liabilities
Inheritance planning
Planning future investments including advice from independent financial advisers
Future implications of drawing a pension or tax-free lump sum whilst continuing to work
Rearranging trusts or investments to meet your needs
Pension contributions and provisions