Abc Consulting Accountant
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Our job is very simple. We exist to help you and your business make more money and pay less tax whilst keeping you protected from the tax man every step of the way. We are committed to helping you and your business succeed by providing you with the best service possible from a local accountant. We provide a friendly and down to earth accounting service, we talk your language and are keen to help your business in whatever way we can.

We have over 20 years experience as accountants of successfully helping people just like you. We provide a tailor made accounting service to give you and your business exactly what it needs to be a success. Our family and personal background is firmly planted in the world of business. Through our own experience of starting, buying, running and selling businesses, we understand small businesses and exactly what it takes to make them a success.
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The best way to find out more about us, what we do and how we do it would be to give us a call to arrange a FREE meeting. In our FREE meeting you can tell us your business history, your accounting requirements, ask us any tax questions and decide face to face from our answers whether we are the right people to help you and your business.
Please visit our individual service pages for more information about Accounts, Tax returns, Bookkeeping and Payroll, or call us on Rossendale 01706 21 23 27 for a no obligation free of charge chat about your requirements. We offer a comprehensive range of services to clients in Rawtenstall, Waterfoot, The Rossendale Valley, Burnley, Bacup, Nelson, Clitheroe, Barnoldswick, Accrington, and Blackburn.
The profit and loss account tells the small business how much money it has made over a given period by considering sales and costs. The balance sheet shows how much wealth the business has accumulated by considering assets and liabilities. The profit and loss account always runs over a certain period of time, it could be yearly, quarterly, monthly or six monthly.
When you start up a new business, you must also tell the relevant authorities within a certain timescale. If you don't you could get charged fines, the last thing that any new business needs. Self employed business people submit either self assessment tax returns or partnership tax returns, exactly which one depends upon the legal form that the small business takes.
The books and records of the business are the starting point for the preparation of VAT returns, year end accounts and self-assessment tax returns. Up to date bookkeeping also allows you to have a snap shot as to the business income and expenditure levels at any point in time. Most people do not enjoy spending time sitting down to do their bookkeeping as it takes time away from moving their business forward.
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