Cash Flow Projections
Controlling Cash flow is vital for all businesses. The forecast projections are an important management process, vital in preparing long term business budgets
In studying your business plans, we can help you to identify potential shortfalls in cash balances well in advance, spot possible problems with customer payments and ensure that the business can afford to pay suppliers and employees.
When importing or exporting, the right paperwork is vital. Missing, incomplete or inaccurate documents can increase risks, lead to delays and extra costs, or even prevent a deal from being completed.
Whether you are importing or exporting, you need to understand what paperwork is required. Ruhaan & Co can assist you with everything that you need to be aware of.
Trade Mark Registration
By knowing your rights and having the right type of protection, you can stop people stealing or copying the names of your products or brands, your inventions, the design or look of your products, plus the things you write, make or produce.
We can guide you in the process of searching, applying for and registering trademarks and patents.
Business Start Up Advice
Ruhaan & Co Accountants have many years of experience in the preparation of business plans and cash flow forecasts, for small business and large organisations alike.
A tax efficient setup of your new business is very important. Our advice presents the pros and cons of structuring sole-trader, partnership or limited companies.
We will also assist your business in making the most of funding available from your local chambers of commerce.
Self Assessment is the system in which HM Revenue and Customs uses to collect Income Tax. It is usually deducted automatically from wages, pensions and savings, however people and businesses with other income must report it in a tax return.
We can assist with the return, give advice, or simply complete it for you with minimum effort from yourself. Just ensure that you keep your records up to date (eg bank statements or receipts) and we'll do the rest.
Security Guard Tax Refunds
As an security worker or employee you are entitled to claim tax back on certain expenses of your employment. If you have to purchase your own safety gear or the equipment to do your job you can also claim tax back.
Ruhaan & Co has extensive experience helping many people file their returns. Let us take the hassle away for you so you can get on with your job.
CIS Tax returns
The Construction Industry Scheme (CIS) is a scheme created by HM Revenue & Customs (HMRC) for collecting tax from contractors and subcontractors.
Whether you're a sole trader, limited company, contractor, subcontractor or partner working in the Industry, CIS returns can get complicated.
Ruhaan & Co can assist with registration, advice, payments, issues and the filing of monthly returns.
Day to day posting and reconciliation of financial transactions can be time consuming. We can take over your daily tasks, manage customer, supplier bank and cash transactions and perform higher-level bookkeeping and reconciliation work
In addition, our team can complete periodic reconciliation of balance sheet control accounts, prepare you for filing VAT returns and further assist with posting of month-end and year-end journals
Registering a company can be daunting and complicated, or just plain time consuming. Our company formation service will guide you through the process with all of the official documentation you will need to get started.
If you need help once you have set up your company, we also provide an extensive amount support that can advise you on the technical details of running a recently formed organisation.
Ruhaan & Co help charities with the required preparation of trustees’ annual reports, accounts, and annual returns.
We offer advice and services dependent on what type of accounts must be prepared, what information is needed in the trustees’ annual report, whether the accounts need an independent examination or should be audited.
Limited Company Accounts
We want to help make your company a success, and can help you and your shareholders with your growth.
Limited companies come to us for advice on formation, to get help with general accounting, annual returns and accounts, plus assistance in making important changes, adding to payroll, looking after daily bookkeeping and keeping on track with Tax.
Self Employed Accounts (Sole Trader)
If you’re new to running your own business as a sole trader, you may, like many people, find it complicated when distinguishing between personal and business finances, especially how these should be entered into your accounts each month.
We offer advice, guidance and professional services to sole traders with self employed accounts, to try and keep things simple whilst you build your vision.
Our trusted accounting services can be divided into several fields, such as financial accounting, management accounting, auditing, and tax. Ruhaan & Co can help you with all of these.
More specifically, we can assit in the design and development of bespoke management layouts and reports, preparation of statutory accounts from final year-end trial balance, corporation tax returns and related computations, personal income tax returns and related computation, plus the filing of accounts and tax returns with statutory authorities
If you are VAT registered and need your VAT headaches taken care of, we can do these for you.
Our expert service will take this hassle away by providing professional VAT advice, helping you register for VAT, assisting in and completing your VAT Accounting, fully preparing your business for filing your Tax Returns.
Tax returns are issued to individuals & corporates if they receive income from self-employment or from a partnership business, rent or other income from land or property, income from overseas or any other income which is received 'gross', i.e. without tax deducted.
At Ruhaan & Co we use HM Revenue & Customs approved software to complete your tax return, calculate your final tax liability, file the return online and liaise with you on the amounts to be paid and when they are due
A full inspection of your organization's accounts can be carried out to provide you with a clear view of how your finances are set up.
Our friendly, professional services means that you have a trusted advisor who will give you their full attention, understand your business and help you to achieve your vision.
Our payroll services start from just £15 per month and can include Weekly, Fortnightly, Monthly and Annual Payroll. Our managed service takes control of your payslips, payments, Tax, pensions and Compliance.
All external returns plus internal reports can be produced, P11D and Class 1a computations done, Gross to Net and Net to Gross studies plus full completion of your end of year reporting and reconciliation.
Our bespoke courses are designed for one on one learning, with an emphasis on your particular level of skill.
Whether it's a short course on Sage line 50, a general intro to accountancy or in depth month long work experience with live data, we will be able to help plan your future career.