Finlaysons Chartered Accountants

ACCOUNTANCY SERVICES

We are able to provide a range of accountancy services, from the maintenance of books and records to the preparation of accounts, cash flows and management information on a monthly, quarterly or annual basis

AUDIT SERVICES

Many limited companies and other entities are required by law to have their accounts audited. We are registered to carry on audit work by the Institute of Chartered Accountants of Scotland and are experienced in the audit of a wide range of businesses, from small family owned companies to members clubs and charitable organisations. Our experience covers companies in the financial, manufacturing, retail and service sectors.

PAYROLL

Payroll tailored to suit individual companies' needs - weekly, monthly, etc.

Provisions of payslips for all employees and summary reports list each individual's pay, tax and national insurance for the relevant pay period
Cheque, bank giro credit, or automated credit payments
Communications with inland revenue and the department of Social Security on all payroll related matters
Preparation of P45 and statutory sick pay forms
Preparation of Year End returns
For new businesses, handling of all statutory start up requirements

FINANCIAL ADVICE TO BUSINESSES

From our wide experience of special business situations, we are happy to provide clients with advice in such areas as:-

Raising finance.
Buying or selling a business or amalgamating with another business.
Business plan, the establishment of a new venture, or buyout of an existing business.

COMPUTER SERVICES

Our staff have a long history of making full use of data processing services and can provide access for clients to the following services through our own computer systems:-

Payroll including the production of weekly or monthly payslips, statutory sick pay and maternity pay and tax forms such as P45 and P60.
Management Accounts can be prepared monthly or quarterly from client input.
Financial modelling can enable clients to evaluate projects and prepare forecast accounts and cash flow statements.
Word processing. We can help with preparation of membership records, subscription lists, customer mailing lists and the like.

TAXATION SERVICES

Businesses. As a result of preparing Accounts for businesses, we will normally prepare tax computations for companies and unincorporated businesses and agree their tax liability with the Inland Revenue.
We are also experts on Value Added Tax which continues to become more complex and will be glad to advise businesses on complying with the regulations.
Personal taxation. Our personal tax department exists to deal with routine compliance matters such as personal Tax Returns, but our expertise really comes into its own in assisting clients to plan for the minimisation of personal taxes including Income Tax, Capital Gains Tax and Inheritance Tax. We believe that everyone should have their financial plan which will help them to focus on their goals and if formulated with our advice should ensure that these are achieved in the most effective manner possible to minimise the impact of taxes.

INVESTMENT ADVICE

An important part of the firm's service is to ensure that our service is based on a full knowledge of the personal circumstances of each client. This is especially important in determining personal investment policies covering planning for savings, pension, insurance or school fees. We have staff with many years experience in this area who are specifically approved by The Financial Services Authority under the Financial Services Act to give advice in this area. Where there is commission involved in products we recommend, we will advise clients of the amount involved and agree with them in advance how such commission will be dealt with. Options available in this connection include offset against fees for our services and enhancement of allocation basis. Finlaysons are authorised to carry on Investment Business by the Financial Services Authority.

CONSULTANCY

As registered consultants with the Business Gateway we can provide help which may be eligible for grant assistance with projects for:

Management Information Systems
Business Plans
Profit Improvement.
We can also advise on the installation of computers.

NEW BUSINESS SERVICES

We can help with explaining the requirements for:

VAT
National Insurance
Tax (PAYE and self-employed)
Bookkeeping

We prepare Business Plans, projected Accounts and Cash Flows which are essential nowadays if funds are required from banks, the SET, or other sources of finance.

For additional information contact us