Our Services
Craighan Partnership offer a full range of services including end of year accounts, limited company formation, payroll services and more, you'll find details of the services we offer below if your have any questions please dont hesitate to contact us.
Clients can pay for services on receipt of invoice or we offer the facility to spread payment over 12 months on an agreed standing order, please contact us for details
Personal Tax
including sole-traders and partnerships
We are specialists in income tax, capital gains tax and inheritance tax.
Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Personal tax planning
Today, more and more emphasis is being put on taxpayers' individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.
VAT
Ever changing regulations and the growing demands of Customs & Excise mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
- assistance with VAT registration;
- advice on VAT planning and administration;
- use of the most appropriate scheme;
- VAT control and reconciliation;
- help with completing VAT returns;
- planning to minimise future problems with Customs and Excise; and
- Negotiating with Customs and Excise in disputes and representing you at VAT tribunals if necessary.
Our VAT return service can cost as little as £65 per return (quarterly)
Payroll
With payroll we will take away all of the complications providing you with monthly amounts to pay employees and the Inland Revenue, together with payslips, summary reports and annual returns.
We offer a full payroll service by our team of payroll experts who have over 25 years experience. From providing computerised weekly or monthly payslips to completing annual P35 employers returns Craighan Partnership offer a full and competitive service.
We offer payroll services starting at just £5.00 per week
Bookkeeping
We can provide a full bookkeeping service for only £120.00 per quarter (exc vat) including writing up of all records and receipts and bank reconciliation and maintaining all sales, purchases and nominal ledgers.
Our full bookkeeping service works out at just £10.00 per week.
Corporation tax services
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation.
Effective corporate tax planning can also result in significant improvements in your bottom line.
Company Formations
Craighan Partnership will set up your limited company for you and you can be legally trading the same day. Craighan Partnership will advice on the best way to structure your company and its shareholdings. Our expert tax advisors will run through the rules, regulations and responsibilities of running a limited company and to answer any questions you may raise.
The principal benefit of trading as a Limited Company has always been the limited liability aspect upon the company's Directors and Shareholders. As long as the Limited Company is operated within the terms of the Companies Act, Directors or Shareholders personal assets are not put at risk in the event of a winding up or receivership.
Dependent on profits there may also be tax advantages to incorporate. Craighan Partnership will discuss this in detail with you and outline all the pros and cons.
We have strong ties with a number of high street commercial banks and can refer you to a local bank manager to help you run your limited company to get the best possible service. In most cases we can obtain 18 months free banking for clients of Craighan Partnership.
We can also provide QuickBooks accountancy software at extremely reduced rates for all new clients.
Inland Revenue Investigations
Being the subject of a tax investigation by the Inland Revenue can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, Revenue staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent.
We have a wealth of experience in dealing with Inland Revenue investigations, whether they are enquiries into an individual's Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.