Our Services
As a busy entrepreneur, you need to know where your money is. Not annually, not quarterly, likely not even monthly.
With our bookkeeping systems properly implemented in your business, you will always know exactly what is happening with your finances.
Every landlord’s situation is different. Whether you're buying your first flat or managing multiple rentals, our accountants for property investors offer ongoing guidance tailored to your goals and investment stage.
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best running your company.
Behind on your books? You’re not alone. 25% of business owners are behind on their books. Whether you’re behind a few months or a few years, at PRS we brings your financials up to date, so you can make informed decisions and scale with confidence.
If your small business’s turnover is more than the VAT threshold then you may have to register for VAT. If this is the case then you will have to complete and submit a VAT return to HMRC, usually each quarter.
CIS tax returns can be stressful with strict deadlines and complex rules. At PRS we handle everything for you accurately, on time, and optimised for the best results.
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. PRS Smart Accounting can help you maintain optimal cash flow levels by tracking sources and uses, forecasting.
If your small business’s turnover is more than the VAT threshold then you may have to register for VAT. If this is the case then you will have to complete and submit a VAT return to HMRC, usually each quarter.
Offshore Company Formation & Management
The UK tax system dictates that non-UK residents who receive rental income from property within the UK are liable for income tax payable to HM Revenue and Customs (HMRC).
We prepare Management Reporting Pack with detail financial reporting which can be tailored designed for you to monitor the performance of your business which enables you to take appropriate management decisions on time.
We offer professional assistance that can help you launch your company successfully. You can count on us for assistance in the following areas:
Many sole traders and small businesses view tax season as a burden and they pay expensive fee to accountant to help them get through it Our team are experienced and qualified but, more importantly, they are focused on making a positive difference to you, your numbers, and your business.
Growing businesses often reach a point where they need professional financial advice but can't afford a full-time CFO or controller. If you're fortunate enough to be in this position, then we have the perfect solution for you.
PRS assumes responsibility for firms such as Law Firm & Estate Agent. PRS allow you to service your clients monies while eliminating the time your team spends coordinating these efforts.
We help you stay compliant, at the right times. For compliance purposes, all UK companies are required to file accounts with Companies House and in addition, the associated tax filing requirement with HMRC.
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax and the planning opportunities available to you.
Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners.