Our client charter
Our Surrey Chartered Accountants promise the following to all clients as part of our charter of service excellence:
- An accountant shouldn’t be a cost. You should save much more on using us than if you did the books yourself;
- We offer you a complete view so that you keep control of your business and make the right decisions;
- There’ll never be an end-of-year rush to file your accounts and you won’t pay more tax than you need to; and
- Using our services should be more than just a transaction – partnering with us must provide you with the insight, intelligence, and data to be successful at what you want to achieve now and in the future.
Who do we work with?
We have extensive experience working with private individuals and the following types of business structures:
- community interest companies (CICs);
- community organisations;
- education sector;
- employees with other sources of income;
- freelancers (unincorporated or incorporated);
- incorporated residential and commercial property renters;
- limited companies;
- private landlords;
- property developers;
- PSC contractors;
- sole trader contractors;
- sole traders;
- trusts; and
- umbrella contractors.
…to name but a few.
An accountant in Surrey for tax returns – personal and corporate
Corporate tax accounting
Services for limited companies (limited by guarantee or shares), LLPs, PSC contractors, community interest company (CIC)
We work with limited companies who are starting out to multi-million pound turnover businesses. We’re absolutely aware that, as your accountant, we must claim for every allowable expense to minimise your tax liabilities. By doing that, we free up your cash flow and working capital and you have money to invest and expand when you need it.
- Business/corporate taxation
- Corporation Tax, VAT (and selecting the most appropriate scheme), PAYE, R&D tax credits, patent boxes, CIS and many others besides.
Personal tax accounting
Services for sole traders, partners, umbrella contractors, sole trader contractors, employees with significant additional income streams, landlords with a personal property portfolio
The level of tax paid by unincorporated traders, contractors (inside or outside IR35), and landlords is often much greater than the tax paid by limited company directors who instead divide their income between salary and dividends. We will claim for every allowable expense and relief in the provision of your services to your clients in order to reduce your tax as much as legally possible. We will consider all options available to you, in our support of you.
If you pay taxes on account, we understand that there may often be variation across the year with your income which may make paying either the payment on 31st January or the 31st July difficult. If you think you’ll find it difficult to meet either one of your payments, please get in touch.
- Personal taxation
- self-assessment for unincorporated traders, employees with various different income streams, VAT for unincorporated businesses (and selecting the most appropriate scheme), salary versus dividend splits (for limited company directors) to name but a few.
To speak with one of our taxation accountants, call us free on 0800 140 4644, or email [email protected].
Inheritance Tax Planning
We all want to pass on the wealth and assets we’ve accrued to our loved ones after we die. The fact that we’ve paid tax on that accumulated wealth and those accumulated assets during our lifetime adds to the sense of unfairness about our relatives being left with an inheritance tax bill.
Black and White provides an inheritance tax planning service for clients covering the value of an individual’s estates, life insurance, term insurance, trusts, property, pensions, charitable bequests, Business Property Relief, Agricultural Property Relief, and more.
If your estate is likely to be worth more than £1m (including your primary residence), there are real benefits in planning how and when you intend to pass on your assets, shares, and cash as soon as possible.
For more on our inheritance tax services, please fill out the contact form below and one of our dedicated accountants will be happy to assist you.
Business Support and Growth for Surrey Businesses
Surrey is one of the UK’s most dynamic economic regions and, over the past 20 years, we’ve had the pleasure of helping some of our smaller local clients turn into big success stories with our range of business support- and growth-centred services.
We offer a full range of business development consultancy services including:
- business development ideas
- examination of your marketplace and competitors to identify opportunities and threats, analysis of your financial performance to discover which products and services generate the most revenue and profit, sales and marketing, and more.
- business development support
- mapping a path to take your business to the size and scope you desire using measurable milestones to track performance, how to react if growth is too fast or too slow.
Non-executive directors and part-time FDs
Black and White’s Chartered Accountants and business consultants also fulfil roles within clients’ firm as non-executive directors and part-time financial directors. We’re also connected to wider Surrey- and South East-based professional networks if you want to work with someone with specific experience in your sector or with someone who has assisted a previous business adopt a similar consolidation and growth strategy to yours.
Non-executive add a fresh perspective to any business they’re engaged by, coupled with board level experience. They can also plug you, your business, and other leaders within your business into their own networks which will present you with new opportunities and resources that were previously unavailable.
Part-time FDs offer on-site management accounting for your business and more. They help make companies more efficient, make them more attract for finance and investment, and they can be successfully deployed as an outside consultant to hold senior managers to account for failing to hit performance and revenue targets.
Business plans and getting ready for investment
If you are seeking either debt (borrowing money) or equity from an investor (ceding some of your shares for a financial injection), you will need a thorough, researched, believable, and robust business plan and financial forecasts.
Your business plan must not only demonstrate your achievements to date but they must also demonstrate that your current management team (plus any proposed additions to the team) are capable of delivering the growth required to generate profit.
You must show that every penny you intend to raise will be utilised during growth. Nothing makes a pitch lose credibility quicker than asking for more money than you need.
Investors and financiers need to see in your business plan and financial forecasts need not only to see the vision and believe the potential, they need to feel comfort and confidence that the plan you’re setting out is realistic but that they are also going to get their money back.
We prepare business plans not only for investors but for banks and other financial institutions if you intend to pursue either an expansion loan or a working capital loan.
Invoice factoring and discounting
When any business expands, even if it has received outside funding or not, the demands on cash flow through raised fixed costs, increased stocking requirements, and the time lag between employing new staff and making profit from their labour is intense during this period.
If yours is a business which invoices on 30-day-or-greater terms, you can release the value in your invoices through invoice factoring and discounting. We can help you find a factorer best suited to providing you with the working capital you need without the need to offer a personal guarantee or to commit your entire sales ledger. This is a fast growing space and new and exciting products are frequently coming out.
To speak with one of our business development experts, please call us free on 0800 140 4644 or email [email protected].