Services
Allazo offers a wide range of accounting services with a tailored experience for every client, see below for brief details of some of the services we provide, please contact us for further details or a bespoke price.
Year End Accounts
Company accounts prepared to statutory requirements; we have experience in preparing accounts under all of the Financial Reporting Standards. We aim to add value to the accounts preparation process and work with you to help you understand the accounts to enable you to interpret the figures presented.
Corporation Tax
We offer a high quality and cost effective service. Not only will we prepare and submit the return and computation, but we will also review the accounts and carry out tax planning to ensure you are not paying too much tax.
Payroll
Payroll, CIS & Workplace Pensions
Looking to the future, our team can help your business utilise software to issue electronic payslips, vouchers and reports to save you time and effort. We can assist with the processing of your payroll and CIS returns adhering to RTI regulations, alleviating your administrative burdens and advise you on any tax payable and the due dates
We can also assist with auto-enrolment of workplace pensions and ensure your business is compliant with pension regulations.
VAT
Legislation regarding VAT can be very complicated and changes regularly. Failure to comply with the legislation and mistakes can lead to tax investigations.
We can provide support at cost effective prices to specific queries you may have to ensure you are compliant with VAT legislation.
We can assist with VAT registration, provide advice on VAT planning and the most appropriate scheme to use as well as preparing, reconciling and submitting your VAT returns.
Company Secretarial
Keeping up to date with statutory regulations can be challenging and costly if done wrong. By utilising our Company Secretarial Services we can take the burden away from you. Our Company Secretarial Services are tailored to meet your requirements. We offer a wide range of services, that include:
Register the appointment and resignation of directors and secretaries
Prepare and file the Confirmation Statement
Maintaining statutory registers
Making changes to statutory registers
Acting as a registered office
Audit
Allazo is registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants (ACCA). We have experience auditing numerous business sectors and, as well as helping you meet the statutory requirements, we will undertake a review of your internal systems to advise if you can operate your business more effectively and profitably.
We believe the audit is carried out in partnership with the client, we promote transparency and build trust. We use technological advances, investment in training and focused audit strategy to deliver reliable, objective and insightful feedback and opinions.
Allazo removes the onerous nature of audit and we provide real world benefits to the client at a reasonable cost.
Self- Assessment Tax
If you are a company director, self-employed, a trustee or higher rate tax payer you are likely to be required to submit annual tax returns. HMRC has recently imposed a new stringent regime of penalties for late submission and payment of tax; therefore it is even more important for you to be on top of your tax affairs.
We will assist with the preparation of your tax return and associated tax planning and will liaise with HMRC on your behalf. We aim to advise you of any tax liabilities as early as possible and of course try to reduce the tax liability for you.
Trusts
Trusts have been used to protect assets and wealth for many years. Recent tax legislation has been tightened to minimise the original tax benefits of trusts.
There are various types of trusts and the legal and tax regulations are very complicated.
We can assist with the preparing the accounts and annual returns as well as outlining the tax implications.
Tax Advice
If you are seeking particular advice or general planning we can provide assistance, see the taxation section for further details.
Book-keeping
At Allazo we understand that when running a business priorities are often focused on the operational side of your business. By taking advantage of our bookkeeping service, we can ensure you have accurate bookkeeping. Providing you with useful management information and clear year-end results. We can also assist you in making the most of available tax relief, and to categorise your expenditure for VAT purposes.
Our team specialist bookkeeping team can make a big difference to your business. We’re flexible, approachable and on your side – here to make your life easier, give you peace of mind and stop any chance of inaccurate information affecting your business.
Cloud Accounting
We are firm believers that the right software is what’s right for the client. We adapt to your needs and are happy to use multiple systems whilst working with you.
We frequently recommend the use of Xero (www.xero.com) for clients as we believe it is often a better fit. We are certified Xero partners and it offers a number of advantages:-
Automation of processes
User friendly interface with intuitive controls
Collaboration between client and accountant allowing for more client involvement in the book-keeping
Real-time financial reporting
Cloud based so you can access anywhere anytime
Countless add-ons and applications which can communicate with Xero
We are happy to assist clients converting to any software solutions, offering training and the initial setup, often free of charge.
Management Accounts
Management accounts whether monthly or quarterly are important to any business. Our team can use these to help you assess performance, understand future tax liabilities, review tax planning, ensure dividends are voted legally and to identify any potential issues early.
We can provide you with up to date information helping you to look towards your year end and giving you the ability to make fast, informed, and dynamic decisions for your business.
Temporary Office Cover
If you are in need of temporary cover for absent staff, we can provide fully qualified members of staff who are familiar with different accounting programmes and should be able to hit the ground running to avoid too much down time.
We can also provide an internal accounting function on a part time basis when you need the regular input but the job doesn’t warrant a permanent position. We can provide trained experience services on a tailored basis for your needs and budget.
Estate and Inheritance Tax Planning
Protecting your hard earned wealth when passing assets on to others, we can help formulate a structured plan to mitigate potential inheritance tax liabilities.
We endorse a simply approach to estate planning, too often over complicated approaches are promoted which are not necessarily in the individuals best interest.
Allazo will seek to understand your needs before giving thoughtful consideration and advice on how to protect your assets.
Tax Planning
Keeping up with ever changing tax legislation and new reliefs can be difficult, we can help you look ahead to create a strategy that helps you be as tax efficient as permissible.
Tax Investigation
If you are targeted for an investigation by HMRC we can advice and assist with the best course of action, help fight your corner and relive the pressure from you.
Property Tax
There are various different matters concerning taxation of property and legislation is ever-changing, using the best structure and ownership we can optimise your property business.
We can assist with private residence relief, tax on investment properties, furnished holiday lets and much more. Please contact us to discuss your needs and we will arrange a free initial consultation.
Research & Development
There are generous reliefs available to reduce the burden of tax where businesses have invested in new and innovative ideas for their products and services.
It is a technical area with HMRC becoming more stringent on the claims, so it is imperative that you have a solid case with a good R&D report to substantiate the claim. We can undertake this for you at a competitive rate.
Finance Director
We can provide an outsourced finance director to spearhead your finance operations, this offers an affordable way for growing and established businesses to have a qualified and experienced finance person working closely with them without the commitment of a full time person.
As FD we can offer insight into how to grow the business, interpret management information and help design and implement systems and controls.
Business Valuations
Whether you’re buying, selling or looking for investors, you’ll want to make sure any valuation of your business is realistic, objective and based on industry expertise.
Our team has vast experience in valuing business and unquoted shares and can do so at a competitive price. We understand how your business is unique, and assess all the specific factors affecting its value. As well as using established valuation models, we call on our experience and professional judgement to take into account all tangible and intangible assets, as well as external market forces.
Corporate Structure
Allazo Accounting and Consultancy can contribute to strategic planning, internal systems review, corporate restructure, acquisitions and many more areas to improve efficiency, productivity and turnover, all with the aim to make you more profitable.
Forecasting
At Allazo we understand that when running a business priorities are often focused on the operational side of your business. By taking advantage of our bookkeeping service, we can ensure you have accurate bookkeeping. Providing you with useful management information and clear year-end results. We can also assist you in making the most of available tax relief, and to categorise your expenditure for VAT purposes.
Our team specialist bookkeeping team can make a big difference to your business. We’re flexible, approachable and on your side – here to make your life easier, give you peace of mind and stop any chance of inaccurate information affecting your business.