Fortress Accountants Coventry has over 20 years of experience in the industry and we pride ourselves on taking the `worry’ out of accounting. We do this by taking an extremely proactive approach to the services we offer to our clients all around the UK. Whether you’re starting afresh with a new business venture, struggling to maintain looking after your own books, searching for new accountants In Coventry or unhappy with your current accountant…. We’re here to help!
Fortress Accountants Coventry are a regulated, fully licenced, firm of accountants based in Coventry. Fortress accountants was formed with the sole intention of offering a professional, affordable, easy to understand service. We pride ourselves on offering a proactive and personal service, holding our clients hands continuously from day one. Long gone are the days of meeting your accountant for the first time, only to be waived off down the road, with the words “….see you in 12 months!!!” still ringing in your ears.
Who Are We?
SPECIALISTS IN BUSINESS ACCOUNTING
If you have recently decided to work for yourself & are looking for accountants close to you, you’ll most likely know your day-to-day job inside out, but of course, there’s always that worry about how to run your business effectively and compliantly… That’s where Fortress Accountants Coventry can step in and help!
We offer a no-obligation, no fee, ‘Trading Options Review’. What does that actually mean I hear you ask…?!Fortress Accounts also serve the local area, including Nuneaton, Kenilworth Bedworth, Solihull & Warwick.
Our Accounting Offers
Our Bookkeeping in Coventry is visible to clients via our online cloud accounting, which clients have access to at all times
Year End Limited Company Account
Year End Limited Company Accounts from £55+VAT per month
Self-Assessments from £25+VAT per month
REPUTABLE & EXPERIENCED TAX CONSULTANTS READY TO SUPPORT YOU
One of our experienced tax consultants will run through what it is you’re trying to achieve, and then present you with your trading options i.e. Self-Employment, Partnership, Umbrella Company, Limited Company (PSC) and so on. We can explore what’s involved in the running of each one, and then decide between us which one’s best for you! We’ll discuss how money will flow in from your clients or customers, and most importantly, how it’ll flow out of your business to you! We’ll make it completely clear what financial obligations you’ll have with HMRC at each step of the way. Ensuring peace of mind and leaving you to concentrate on growing your business. Fortress Accountants have your back.
024 7698 0431
WHY DO I NEED TO USE A TAX RETURN SERVICE?
NEW TO COMPANY FORMATION?
SETTING UP A LIMITED COMPANY IS EASY
WHY DO I NEED TO USE A TAX RETURN SERVICE?
Without consideration on an ongoing basis, taxes can become a significant drain on the business’s cash flow. This is why you need a tax return. A tax return is a document filed with a tax authority that reports income, expenses and other relevant tax information. Tax returns allow taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. Our team of accountants in Coventry will fill out your tax returns so that all your financial information is in order.
NEW TO COMPANY FORMATION?
Every business needs reliable financial information for both decision making and accountability. No one will keep investing in your venture if you cannot show that you know what is likely to happen to it (financial projections). You have a legal obligation in business to keep accounting records from the outset and not just wait until your business runs into some serious problems. We will help you find the desired form for your organization. Our team of professional accountants in Coventry will also discuss how the money will flow in from your clients and how it will flow out of your business to you. We also offer tax advice suitable to your needs.
SETTING UP A LIMITED COMPANY IS EASY
As the name suggests one’s liability is limited to the amount you contribute by way of share capital. To set up a limited company all you need is; the name of the firm, a registered office address and at least two shareholders, one of whom can be the director. The limited company has a legal identity of its own. Even if the firm was to go into debt individuals aren’t liable for the businesses’ debts. Call us and we will offer support in setting up any structure that you need.
What Our Customers Say About Us
VERY KNOWLEDGEABLE AND PROVIDED A STERLING SERVICE AND SUPPORT
I’d like to thank Andrew @ Fortress Accounts for the advice and assistance my LTD company received over the past couple of years. Always available, very knowledgeable and provided a sterling service and support. Thank you!
Excellent communication, expertise and very informative. Recommend them to anyone!
A REAL PLEASURE TO DEAL WITH
Fortress Accounts were recommended to me to support me in my first Tax self assessment. In my ignorance the complete system and details were explained in a language that I could understand and appreciate. The whole process was completed with the the utmost professionalism and I was guided through every action I was required to complete. Any questions I asked were not only answered but explained to ensure I fully understood the answer. I can not recommend Fortress enough to any business or private individual that requires any kind of accountancy service. The fact that I needed an accountant comes with the end result being it would cost me money but to be guided the right way made it a much easier pill to swallow. A real pleasure to deal with such a professional company.
Get In Touch With Our Coventry Accountants Today
To speak to one of our friendly, highly skilled accountants, please complete the form on our “Contact Us” page or just give us a call. We’ll discuss with you what your requirements are and quote our fees, so you know exactly where you stand right at the start.
Of course, you may already be running your own business. You’re possibly unhappy with your current accountant, or maybe just want a second opinion on some advice you’ve been given, potential business ideas, or just some general tax advice… Just get in touch with Fortress Accountants in Coventry and we’ll do everything we can to help!
REPUTABLE ACCOUNTING REVIEWS FOR YOUR LTD
You’ll have your own dedicated qualified accountant who’ll provide unlimited telephone support, along with instant access to your businesses records via our online cloud accounting software. This will enable you to be kept informed of ALL of the businesses liabilities ALL of the time, and also any personal liabilities that may be due in addition. This way there are no nasty surprises at the end of the year, because you’ll always know your tax obligations with the Authorities in real time! We pride our selves on being the best accountants locally & are proud of the response from customers that have spent the time to write reviews on our service. See reviews here
For some, dealing with an accountant can be a confusing and daunting task to say the least. Fortress Accountants Coventry aim to break this stereotype! If you are looking to learn more about our accountants & how we can help you contact us for help & info today.
We’ll make sure you are fully aware of what expenses you can claim and what supporting evidence you should be keeping should HMRC ever come knocking.
We can suggest a reputable bank you can open a business account with. This will be needed if you have a limited company. If you wish, bank feeds can be set up into our cloud-based software keeping data entry to a minimum.
If you’ve recently formed your business with Companies House, you may need to set up certain tax schemes with HMRC to ensure you are getting the best return from your limited company.
We can assess your business structure and see if it would benefit from registering for a PAYE scheme. This will allow you to become an employee of your company and take a monthly salary. In most cases this will enable you to utilise your annual personal allowance. This should result in a significant tax saving each year!
If your customers are businesses, rather than individuals, it may be worth your business becoming VAT Registered. Even if your annual turnover may be less than the statutory 85k threshold, by voluntarily registering, this will allow you to reclaim VAT on certain business expenses, resulting in extra income for your business!
Tax planning is one of the most essential parts of running a business. With over 20 years of experience, we can guide you on how best to extract money from your company. We maximise your take-home pay by reducing your tax burden to HMRC. All tax bills can be planned in advance, rather than finding out after the fact.
Frequently Asked Questions
We pride ourselves on taking a proactive approach with our clients, rather than offering a reactive service. We’re well versed in all areas of accounting for businesses and individuals alike, providing valuable tax advice.
Our services include:
- SA100 Self-Assessment Tax Return
- Limited Company Formation
- Monthly Management Accounts
- Limited Company Year End Accounts (inc. CT600 Corporation Tax Returns) for Companies House & HMRC.
- Proactive Tax Advice.
- Handling general correspondence and queries with HMRC.
- Mortgage References
- Visa Reference Production.
For small businesses payday means they spent a lot of hours handling the payroll and paying payroll taxes. Luckily there are many payroll services you can access that make your life easier by doing the work for you. A payroll service will also help you minimize the number of common payroll-related mistakes that may have severe implications.
The cost of an accountant differs mainly depending on ;
- The size of your business
- The scale of your activities and
- The services you require
Knowing all this will help you estimate how much it will cost you to hire accountants.
For smaller businesses monthly fee can be as low as 60 pounds and as high as 250 pounds.
Those who work and get paid by the hour can get paid between 25 pounds and 35 pounds per hour.
To access more specialist services like tax planning and business planning advice may be more expensive in the range of 125 pounds to 150 pounds per hour.
At our firm of accountants, we offer Year-end limited company accounts services from 55 pounds plus VAT per month. Self-Assessments from 25 pounds plus VAT per month and we can also tailor a package around your business needs and set up a monthly payment plan if you wish.
In the accounting world, every business needs to prepare their complete accounts for HMRC and Companies House one year at a time. The year-end refers to the day your firm’s financial year ends. Failure to complete a Year-End account accurately is a criminal offence. Year-End accounts are important to make sure that you are meeting your statutory obligations to HMRC and Companies House. Accountants in Conventry offer year-end accounts services at affordable prices.