Lipson & Co.

Bookkeeping

Picture
We can relieve you and your business of a significant burden by taking care of all your bookkeeping and accounting needs. This ranges from making use of our in-house bookkeeping arrangements to the preparation of your annual accounts.We treat every business individually so that we can tailor our approach to your requirements.

Besides the core bookkeeping, we can also: maintain your VAT records; prepare your payroll; and take on ad hoc projects to free up valuable time for your staff.  We believe that our high level of IT proficiency can help our clients to set up their accounting systems to be efficient and effective.We are also Sage Accountants Club Members and can supply software to suit your requirements at competitive rates.


Company Secretarial

Picture
When running a business you must expend valuable time in making sure you comply with the Companies Act – you need to be aware how this legislation affects your company and its directors.  We can help by carrying out company secretarial duties for you.

Our services include:
  • Company formations
  • Preparation and filing of statutory returns
  • Documentation preparation (such as minutes and resolutions)
  • Maintenance of statutory books (share register, minute book, etc)
  • General advice on company law


Management Accounts

Picture
The most valuable part of our compliance service is the preparation of periodic management accounts. Monitoring and controlling financial performance is of paramount importance and regular management information is vital to the continued success of your business.

We can carry out this function for you, or help you set up internal systems to generate the information.  We will also take this service one step further by interpreting these figures for you and making suggestions to help you improve your profits or to help your business grow.



Payroll

Picture
Running your own payroll can be time-consuming, particularly with the ever-increasing complexity of taxation and employment legislation.  Businesses need to comply with these issues and non-compliance can lead to substantial penalties.  We can prepare payrolls for businesses with between two and two hundred staff.

Our services include:
  • Computer generated payslips
  • Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
  • Completion of statutory forms (including year-end returns)
  • Summaries and analysis of staff costs
  • Administration of incentive schemes, bonuses and ex-gratia termination payments.

Even if you only have a few employees, you will make savings by engaging us to administer your payroll.


Self-Assessment

Picture
Your personal tax affairs can benefit significantly from professional advice. The service we can offer ranges from the calculation of tax liabilities and preparation of returns to advice on various methods of tax mitigation and savings.Through tax planning, we can reduce your exposure to taxation and make a real impact on your finances.



Corporation Tax

Picture
Corporation tax will represent a substantial cost to any profitable business, not only in terms of the tax itself but also in compliance with reporting obligations, investigations with tax authorities and penalties for non-compliance.

We can help you minimise your corporation tax payments and relieve you of the administrative burden of complying with tax legislation.  We will deal with all business tax matters, including preparing income and / or corporation tax computations and preparing and submitting your partnership tax return or corporation tax self-assessment return.




Statutory Accounts

Picture
If you are a limited company then you are required to prepare accounts that must be filed with Companies House in a statutory format.  We can help you by preparing your statutory accounts and filing them with Companies House for you.  Many business owners regard the preparation of annual accounts and audit as necessary evils that add no real value to a business.

We will show you how to recover value from these tasks.  Whilst ensuring that your statutory obligations are met, we also take the opportunity to review your financial and management systems.  This usually results in us identifying potential problems and suggesting ways to improve your business performance.  We then discuss the issues and opportunities with you and help you implement solutions.




Lipson & Co 81A Station Road London E4 7BU
Tel: 020 8529 3600    •    Fax: 020 8529 4700    •    Email: info@lipsonandco.com