Many people often start trading as a Sole Trader because it is the most simplistic way to begin and trade, then progress to operating through a limited company later on when the business starts to make reasonable profits.
At MKS ACCOUNTANTS we can take care of all the accounting and taxation requirements of Sole Traders for a competitive low set annual fee. We can offer many Sole Trader accounting services including help with registering the business and offer ongoing support and assistance going forward. We also regularly review your business to see whether it is operating in the most tax efficient way.
Sole Traders tend to be small businesses and so need as much help as possible from their accountant. This is why we offer Sole Traders unlimited help and advice throughout the year, included within the annual fees.
We monitor our Sole Trader clients on a regular basis to ensure that they are operating as tax efficiently as legally possible. With every piece of work that we do we look to make recommendations to improve your business. These recommendations could include tax efficiency suggestions, advice on how to better keep records or how to plan to pay your taxes.
Partnerships can be a great way to operate if you are looking for a simplistic way of going into business with one or more people. The structure can also be beneficial if there are many partners, as adding and removing partners and their share of ownership of the businesses is very straight forward to do. This is one reason business owners prefer to trade as a Partnership over a Limited Company. However, even a partnership needs some help from the outside and we are here to offer you just that.
MKS ACCOUNTANTS can help with all of the accounting and tax requirements of partnerships. We can also help you set up your partnership and ensure that you are operating in the most tax efficient way from the outset. We at MKS appreciate that most business owners do not have an accounting or tax background and therefore always strive to give advice in plain English. We will explain your financials in a clear and concise manner and help you to understand our reporting of your business.
In our experience when a client understands their own accounts and their related tax calculations they are subsequently much more informed when making important decisions in the day-to-day running of their business. This can be the difference in failure and success for a business and why we place such importance on providing accessible advice and information.
Having your accounting and finance delegated to us means that they will get to know you and your business on a detailed level. By working directly with you and gaining an in depth knowledge of your business we will always give you truly personalised advice.
Running any kind of business is not an easy task, there are so many things that need taking care of and none of them can afford to be swept away. To run a limited company you may need some support as many other limited companies often tend to reach out for some help. At MKS we are there to offer to you just that help.
Our firm has gathered experience in many different sectors over the years and we can help your business with what we have learnt from that experience. Our trained, expert staff can help manage your records, manual or computerised, and prepare annual accounts and conduct year-end financial reviews to see where your business is standing at. We can also provide your staff training with accounting software packages to help you ensure that your accounts are in good working order.
We believe that the more that we can help you, the more time you will have to give your integral business actives your uninterrupted attention.
Our mission is to help your company be as successful as it can possibly be and we are willing to go the extra mile to help you do that.