TURNER AND BROWN / Chartered Accountants / Est. 1956

We are a family run firm of Chartered Accountants based in Preston. We have been established since 1956 providing quality services to businesses throughout Lancashire and beyond.

Whether you require a simple tax return, full management reports with monthly meetings or to discuss tax planning to help reduce your tax bill we can provide it. Whether the job is large or small you can rely on Turner and Brown to provide you a top quality service at a fair price.

We pride ourselves on providing great client service as we know the frustration that can arise from an accountant you can’t get hold of!

If you’re interested in arranging a meeting to have a free consultation and quote for any work you may require please get in touch and we’ll be happy to help.

 

Our Services

Payroll

If you have employees you are required to process their wages through a PAYE scheme and submit this information to HMRC in Real Time (RTI). We can process all of your wages, whether it be weekly or monthly, and send you out payslips and summaries each payday. We make all necessary annual submissions to HMRC and make sure you satisfy all the statutory requirements with minimal effort.

VAT

With the provision of your business records we can calculate, check and file your V.A.T return and inform you of how much is payable and when.

Accounts Production

Whether you have a Group, Limited Company, LLP, Sole trader, Partnership or Charity we can prepare full sets of accounts which are compliant with Company and Charity law (where applicable) and give an insight in to business performance over the accounting year.

Income & Expenditure

For those who don’t require a ‘full’ set of accounts we can prepare Income and expenditure accounts to show how much you’ve earned and provide you the information you require to complete your tax return.

Self-Assessment Tax Returns

Regardless the reason you a required to produce one whether it be due to investment income, rental income, or a directorship we can prepare your tax return for you and, with your authority, submit it on your behalf.

Limited Company Formation

For those looking to form a new Company or LLP we can help ease the administrative burden and provide a hassle free formation in a matter of days.

Bookkeeping

We can take all the hassle out of keeping your records. Simply by providing us with all your purchase invoices and recording your sales invoices we can provide you with up to date management information accessible through cloud based software. So you can log in LIVE and see exactly how your business is doing with minimal effort.

Corporate Tax

All companies are required to complete a Corporation Tax Return (CT600) annually. We will prepare this for all our company clients along with their accounts.

10 Year Plans

We like to help clients to not look simply at business goals but also personal ones whether it be to build up property, purchase that dream car or fund an early retirement. To do this you need an accurate picture of where your current ‘financial course’ will take you. We help build a 10 year projection to look at – how much will you owe, how much will your income be, etc. This helps highlight any changes which may be required now and provide focus, allowing you to see whether those ‘targets’ and being hit each year.

 

Keyword:

18-09-2014

Pensions – annual allowance

The annual allowance for tax relief on pensions was reduced to £40,000 (from £50,000) with effect from 6 April 2014. Pension providers are in the process of writing to pension scheme members contributing more than £40,000 per year. Finance Act 2011 Read more..

18-09-2014

Employment intermediaries

There are special rules that apply when an intermediary must treat a worker they provide to a UK-based client as an employee for Income Tax and National Insurance purposes. Since 6 April 2014, a worker is treated as an employee if the following Read more..

18-09-2014

National Minimum Wage

The new National Minimum Wage (NMW) rates will come into effect on 1 October 2014. The hourly rate of the NMW will increase to £6.50 (a rise of 19p) with effect from 1 October 2014 for adults aged 21 years and older. The rate for apprentices under Read more..

18-09-2014

RTI late filing penalties

The vast majority of employers are now reporting their PAYE information in real time. Following the introduction of RTI in April 2013, it was decided to stagger the start of the in-year late filing and payment penalties to give employers more time to Read more..

18-09-2014

VAT liability of construction services

The First-tier Tribunal recently heard an appeal by a construction company regarding the VAT liability of construction services supplied at a residential property in a North London suburb. The homeowners had sought and been granted planning Read more..

For a FREE initial consultation please contact us: 105 Garstang Road, Preston, Lancashire PR1 1LD
Tel: 01772 825 825 Fax: 01772 562234 E-mail: info@turnerandbrown.co.uk