Business start-up can be the most enjoyable aspect of running a business, but can also be the most challenging time. You may have a great new idea for a busines. All UK registered companies are obliged to prepare statutory annual accounts in the format and including the detail required by Company Law.
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Riches & Company was formed in 1979 and has achieved steady growth in size and expertise over the years. We are a two Partner Practice of Chartered Accountants and business advisors with offices in Cobham Surrey, London and Dubai. Our team of professional staff are dedicated to providing the highest level of technical ability and expertise, delivered in a practical manner.
Business start-up can be the most enjoyable aspect of running a business, but can also be the most challenging time. You may have a great new idea for a business, but whether it is viable is another matter. There are many decisions you need to take before you embark on the journey of starting up your business.
Strategic planning can significantly reduce a business's corporation tax bill and thus increase retained profits. Corporation tax is an annual tax levied on your company's net taxable profits, not necessarily your reported profits. Every business must prepare tax computations based on their annual accounts, and then file these with the tax authorities when tax returns are submitted.
Dealing with your personal tax affairs can be complicated, time consuming and stressful. We aim to provide professional advice and support to optimize your tax position and make sure that you are fully tax compliant. Trusts and estates is a specialist area. We can offer comprehensive advice and practical guidance on the tax advantages and planning opportunities of trusts, and deal with the accounts on behalf of trustees.
All UK registered companies are obliged to prepare statutory annual accounts in the format and including the detail required by Company Law. Our cutting edge accounts preparation software can produce statutory accounts from a trial balance and a small database of other information quickly and economically.
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Theodora Nicola
Dec 30, 2020
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