FOR OUR UPCOMING ENTREPRENEURIAL AND BUSINESS CLIENTS

Services for Businesses

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MANAGE YOUR FINANCES

Bookkeeping & Management

We use technology to improve our accounting and bookkeeping processes. We partner with Xero for online accounting, DEXT for paperless record-keeping, and A2x Ecommerce Accounting App to manage platforms like Amazon, Shopify, and eBay for accurate reporting.

  • As silver champion partners we exclusively partner with Xero Cloud Accounting Software for all our clients.

    • Seamless Online Accounting: Xero is a cloud-based accounting software that allows businesses to manage their financial records from anywhere with an internet connection. Here are some benefits:

    • Real-Time Updates: Xero provides real-time updates, ensuring that your financial data is always current.

    • Collaboration: Multiple users can access and work on the same data simultaneously, promoting collaboration among team members.

    • Automated Bank Feeds: Xero automatically imports bank transactions, reducing manual data entry.

    • Invoicing and Payments: Create professional invoices, track payments, and manage cash flow efficiently.

    • Integration: Xero integrates seamlessly with other business tools, such as payment gateways and inventory management systems.

    We guide you on optimizing software usage, ensuring you remain in control. If you’re new to Xero, we facilitate seamless migration from other accounting software. Feel free to reach out to us.

    BROCHURE: XERO Product Brochure

    LEARN MORE: We are Xero

    • Paperless Record Keeping: DEXT digitizes and automates the process of capturing and managing receipts, invoices, and other financial documents. Its benefits include:

    • Efficiency: No more manual data entry! DEXT extracts relevant information from receipts and invoices, saving time.

    • Accuracy: Minimize human error by relying on automated data extraction.

    • Audit Trail: DEXT maintains an audit trail, making it easier to track financial transactions.

    • Integration: Like Xero, DEXT integrates with accounting software, ensuring seamless data flow.

    In summary, Xero streamlines accounting tasks, while DEXT simplifies record keeping, ultimately enhancing overall financial management for businesses.

    BROCHURE: DEXT

    LEARN MORE: Dext | Prepare

  • We’ve partnered with the A2X Ecommerce accounting app, which seamlessly connects your business platforms (including Amazon, Shopify, eBay, Etsy, etc.) to our online accounting software, Xero. This collaboration ensures that all your payouts from these diverse channels are accurately reported. Here are the key features:

    • Seamless Integration: A2X links your sales data directly to Xero, eliminating manual data entry and reducing errors.

    • Accurate Reporting: You can trust that your financial data is precise, allowing you to make informed decisions.

    • Peace of Mind: With automated reconciliation, you can focus on growing your business without worrying about discrepancies.

    Feel free to explore these features and streamline your financial processes!

    BROCHURE: A2X Product Brochure

    LEARN MORE: Automate your e-commerce accounting with A2X

PAYING YOUR EMPLOYEES

Payroll & Auto Enrollment

Managing payroll can be a complex and time-consuming task. At ACE, we simplify the process by offering comprehensive payroll services. Our advanced payroll platform provides not only accurate payment processing but also a range of HR features. As an employer, you can access the latest payroll information anytime, from your tablet, mobile phone, or laptop. Your employees also benefit from personalized portals. Additionally, we handle all compliance matters related to payroll, CIS, and auto-enrolment, ensuring that your employees are paid promptly and accurately.

  • Employer Payroll Made Easy

    Once you’re set up on our payroll system, accessing essential information is a breeze. Simply log in to the Employer Payroll Dashboard from any device with an internet connection. Here, you can:

    • View Payslips and P45s: Easily access and review payslips and P45s.

    • Check Payroll Status: Stay informed about your payroll status.

    • Monitor HMRC Obligations: Quickly see what’s due to HMRC.

    Employee Payroll Made Simple

    With our cloud-based payroll platform, your employees gain convenient access anytime, from anywhere. Here’s how we empower your teams:

    • View Payroll Documents: Employees can easily access and review their own payslips and other payroll documents online.

    • Update Employee Information: Make basic changes to personal details, ensuring accurate payroll processing.

    • Data Security: Rest assured that your employees’ data is fully encrypted and protected.

    LEARN MORE: Final Payroll

MANAGING YOUR VAT

VAT

Navigating the world of Value Added Tax (VAT) can indeed be intricate, especially in the dynamic landscape of Ecommerce and international transactions. At ACE, we recognize these challenges and offer a comprehensive VAT service to guide you through the complexities.

  • Here’s how we assist you:

    Understanding VAT Liability:

    • Our experienced VAT accountants provide personalized advice, ensuring you comprehend your VAT obligations.

    • We demystify international VAT rules, including dealing with other countries, so you can make informed decisions.

    Detailed VAT Reporting:

    • We generate detailed reports on how your VAT liability was calculated.

    • Our bookkeepers and accountants keep you informed about VAT return due dates, allowing you to collate necessary paperwork promptly.

    Timely Filing and Payments:

    • We ensure your VAT returns are filed on time, avoiding penalties.

    • Our meticulous approach ensures that HMRC receives payments promptly, safeguarding you from unexpected charges.

    Remember, VAT compliance is essential for smooth business operations. Let us handle the complexities while you focus on growing your business!

    Let Us Take Care of Helping Your E-Commerce Business Go Digital (“MTD”)

    As an e-commerce business, you are going to be familiar with the digital world but that might not be the case when it comes to VAT. Since April 2019, the government has been Making Tax Digital (“MTD”). This initiative was initially aimed at businesses that earn over the VAT threshold. However, all VAT-registered businesses must now store records digitally and use MTD-compliant software to submit their returns.

    At ACE VAT Service, we have the right solutions to help manage these changes and ensure your business is doing things right.

STAYING COMPLIANT

Statutory Accounts & Company Tax Returns

Statutory accounts are essential year-end financial statements required by HMRC, Companies House, and your business shareholders. These accounts include a Balance Sheet and a Profit and Loss statement, meticulously prepared in the statutory format recommended by Companies House. They serve as the foundation for calculating your corporation tax liability to HMRC.

  • At ACE, we simplify the process for you:

    Effortless Production:

    • Our team can seamlessly produce your statutory accounts.

    • We handle your corporation tax returns, ensuring compliance.

    Filleted Accounts:

    • Previously known as abbreviated accounts, we file these with Companies House.

    • Our goal is to minimize complexity while meeting legal requirements.

    Expertise Across Business Types:

    • From single shareholder Limited companies to multi-member LLPs, our professionally qualified accountants and advisors excel in preparing statutory accounts.

    • We use these accounts strategically to guide our entrepreneurial clients toward their long-term goals.

    Tax Savings:

    • Our services often result in tax savings exceeding our charges.

    • Let us handle the details while you focus on growing your business.

MANAGE YOUR TAXES

Tax Compliance & Advisory

As tax advisors, our primary role is to leverage our expertise in tax legislation to provide advisory and consultancy services. We strategically find ways to reduce tax liabilities and maximize benefits from tax advantages and exemptions. If you need expert guidance for your business or personal finances, feel free to contact us today. Let’s explore how we can assist you.

  • Corporation Tax

    We can explore the available allowances and reliefs that your business can legitimately utilize to reduce its corporation tax liability

    Personal Tax

    Our expertise extends to minimizing your personal tax liability through a comprehensive review of your individual circumstances along with assisting you file your return.

    Property Tax

    We offer advice on acquisitions, disposals, and the optimal structuring or restructuring of your property portfolio to maximize tax efficiency.

    Capital Gains Tax

    We assist in mitigating tax liabilities arising from complex asset disposals, including shares, cryptocurrencies, and property sales.

    R&D Tax Relief

    In collaboration with our partners, we assess your projects and costs to determine if they qualify for R&D tax relief under both the SME and RDEC schemes.

    HMRC Enquiries

    Should you face an HMRC enquiry, we provide representation across all major tax areas.

    VAT

    Navigating the intricacies of VAT and its various schemes is part of our service, including tailored advice for specific transactions.

    Tax Planning

    Our guidance covers effective remuneration planning, succession planning, and business acquisitions and disposals.

    Fee Protection Insurance

    We safeguard you from tax investigations, whether initiated through aspect or full enquiry.

EVERYONE NEEDS CLARITY

Business Growth Solution

Business is complex. Are you drowning in information and lacking a clear strategic plan? We simplify your business by providing clarity. We don’t just report on your history, we help you see it in real-time. 

  • The Challenges

    • Business is complex

    • Lack of cash and access to funding

    • Unreliable data and poor understanding of numbers

    • No clarity

    The Solution

    • Gain a clear understanding of numbers

    • How to make them better

    • Develop step by step action plan

    • Have accountability

MANAGE YOUR CASHFLOW

Funding

Are you seeking financial wellness? We can help you secure the finance you need to assist your business raise its game.

Small and medium-sized businesses are more likely to secure finance when working with their accountant 

Let us help you to get your business to the next level.

  • Capital Advisory

    We collaborate with Capitalise to ensure that we can provide the best assistance if you require any form of funding.

    Capitalise partners with over 100 institutional and fintech lenders. Whether you need additional stock to navigate a busy season, want to acquire new equipment, or are considering expansion, we can help identify the optimal financing options for you.

    Not only will you discover lenders specializing in your industry, but you’ll also find those most likely to extend an offer.

PROTECTING YOUR BUSINESS

Insurance

As a business owner, it is essential to have specific insurance policies in place to safeguard yourself and your business. These insurances protect you from various claims, whether they come from the general public, employees, or clients. By ensuring adequate coverage, you not only comply with legal requirements but also secure the continuity of your business.

  • Our affiliated insurance partners have consistently delivered unbiased counsel and cost-effective rates to our clients, demonstrating thoroughness and sincerity. They offer a range of coverage options including.

    • Professional Liability Insurance

    • Professional indemnity insurance

    • Keyman Insurance

    • Relevant Life insurance

    • Office and content insurance

    • Various other insurances as required to keep your business safe.

GET YOUR FREE BUSINESS HEALTH CHECK

Revitalise your venture: Get a tailored business health check today

Unlock your business’s full potential with our expert health check. We provide a detailed analysis to enhance performance, efficiency, and profitability. Partner with us for success. Schedule a call with us to know more.