Accounts 

FOSB offer a professional accountancy and tax service. As well as general accountancy, audit and tax skills, our team also have individual specialist skills, which enables us to provide clients with a first-class service as and when required. With our wealth of experience, we pride ourselves on delivering an unparalleled service to all our clients, whatever their size or sector. 

Book-Keeping 

FOSB provide an accurate and comprehensive bookkeeping service to suit your needs. Our experts can arrange to visit your business or meet you at our offices to work through your books on a weekly, monthly, or quarterly basis. Benefits of using FOSB for your bookkeeping needs: 

 

• Detailed Recording 

• Always Compliant with the Law 

• Instant Reporting 

• It is Easier to Plan Ahead 

• Better Tax Prediction 

• Better Relations with Bank and Investors 

• Faster Financial Analysis 

• Easier Audits 

 

Accounts Preparation 

Our team has many years’ experience in accounts and pride ourselves in making deadlines throughout the year. We offer a full complement of accountancy, tax, consultancy services, including the completion of financial and management accounts for: Limited Companies, Sole Traders and Partnerships. 

 

Statutory Returns including Self-Assessment & VAT Returns 

Your tax return can be a big headache - why not provide us with your receipts and information and let us deal with the online submission? 

 

Tax Savings 

There are various allowances and reliefs available which can help minimise tax liabilities arising on earnings, profits of trade or gains when you sell chargeable assets. Our advisors are confident they can save you money on your next tax bill. 

 

Help with Business Start Ups 

We know the pitfalls of start-ups, ask us for a consultant to help mentor your new business. Our experts have vast experience of working with new enterprises, administering the initial set up filing, guiding you through your early years and finally supporting you in your continued growth. 

 

RTI Submissions 

All our employees are up to date fully with RTI procedures. 

Why use FOSB? 

We can save you time. 

You need to dedicate every minute you can to the important work of developing your products and services to improve your profits. Having someone who can help to check that you’ve filled in your forms correctly, help you to meet key deadlines and offer financial advice will help you to concentrate your efforts on what you do best. 

We could save you money. 

Filling in forms incorrectly or failing to understand new legislation could result in a fine, something that would put an unwelcome dent in your profits. Not only that, but we will help you to minimise your tax bill by taking advantage of any legal benefits that are open to your business. 

Reduce your tax liability. 

FOSB understands how to save you money and are able to give you good counsel on the most tax-efficient way of running your business. Knowing the best way to operate – whether it is as self-employed or a limited company and the most tax-efficient way to take money out of your company is something we will guide you on, based on your individual circumstances and situation. 

Prevent you from receiving hefty tax penalties and fines. 

Filling in forms incorrectly, missing deadlines or failing to understand new legislation could lead to penalties which put an unwelcome dent in your profits. Companies House and HMRC fines can range from £150 for a day late submission of annual accounts to an eye-watering £1,500 for a six-month delay. We will help you keep on top of deadlines, assist you with preparing your annual company accounts and corporation tax returns. 

Help you to grow your business. 

Our experts are invested in seeing your business go from strength to strength. We will strive to know your business almost as well as you do – and know the financial side of it even better. We can help you to identify and fix problems before they become a more serious drain on your finances. 

Remove your tax worries. 

Lots of businesses find their finances daunting. After all, there’s a good chance that you might never have come across all of the paperwork and terminology of business accounts before. The complexity of the task in hand – and the importance of deadlines – can cause many people to worry about this. FOSB can ease this burden and offer the necessary reassurance. 

Link to GDPR Data Protection Statement