PALMER McCARTHY

Chartered Certified Accountants
Chartered Tax Advisers
Registered Auditors

OUR RANGE OF SERVICES

ACCOUNTING SYSTEMS

We can recommend, design and help install accounting systems relevant to clients needs which can be maintained by business owners or their staff. If, during the course of any work we become aware of any improvements which could be made to clients systems, we will make appropriate recommendations.

ANNUAL ACCOUNTING

We are able to prepare annual accounts, to comply with accepted accounting standards, for Sole Traders, Partnerships, Limited Companies (including Property Management), Pension Schemes, Charities, etc.

AUDITING AND REPORTING

As registered auditors we are empowered under the Companies Act to audit all limited companies. Additionally, if requested, we can report on the annual accounts of smaller companies, which, under the Governments current regulations, do not require a full audit. We also undertake the audit or examination of non-statutory accounts, e.g. Solicitors, Estate Agents, Charities, Travel Agents, Residents Associations, etc.

BOOKKEEPING

We can maintain full accountancy records, from invoices, cheque book stubbs, paying in books, etc., on behalf of clients who do not wish to keep their own bookkeeping records.

BUSINESS START-UPS

Our close liason with company formation agents means that we can quickly form any limited company. Additionally we can assist with business plans, cash flows, etc.

BUSINESS TAX

This service includes the preparation and submission to H M Inspector of Taxes of accounts, taxation computations and returns for any type of business, corresponding with the Inland Revenue and calculating the resultant tax liabilities.

COMPANY SECRETARIAL

We are able to keep and maintain full statutory records for limited companies, including registers of members, directors and sercrtaries. Members and directors minute books can be kept and all necessary documents filed with the Registrar of Companies.

GENERAL ADVICE

As we are general practioners we have a very wide knowledge of most commercial matters as well as a detailed knowledge of many financial matters. We are happy to advise any of our clients on any matters which we feel we have the required expertise.

Additionally we have access to a wide range of specialists who we are able to approach for their specific advice on more technical matters

PAYROLL

Our computerised systems allow for the preparation of weekly, four weekly or monthly payrolls. At the end of each fiscal year we will produce the necessary returns, forms P60, etc. and lodge them with the revenue either electronically or by post. We are also able to assist in the preparation of forms P11D.

PERSONAL TAX

We offer a full service to our personal tax clients to include the preparation of tax returns and submission of those returns to the revenue. We will give estimates of the resulting taxation liabilities (both Income Tax and Capital Gains Tax), and details of the dates on which those liabilities are due.

Our service relating to Inheritance Tax includes calculation of the tax due for both lifetime transfers and on estates together with advice regarding the use of exemptions to mitigate liabilities.

VALUE ADDED TAX

We are able to advise clients concerning VAT matters generally and assist with the preparation of VAT returns for any business.

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