Mason & Co.
Accountants & Business Advisors
Mason & Co.
Chartered Certified Accountants
Our Services
Please click on any of the services below to show more details
Business Startups
We can provide an independent, expert review of your plans, along with practical advice on
how to move forward with the best structure for your business.
We will also deal with all the necessary paperwork in order to ease your administrative burden and the
decision-making process, while ensuring you are fully compliant with all the regulatory requirements.
If required we can also assess your financial requirements and help you develop cash flow projections
and budgets, as well as assisting with identifying the best sources of funding.
As your business grows we will provide all the support you need, through services that adapt as your
circumstances change.
Financial Accounts
Although your annual accounts are necessary to keep you compliant, they can also be a vital
tool to help you run your business, giving valuable insight for forward planning and decision
making.
We prepare accounts for our clients businesses quickly, accurately and with the minimum of fuss. Our
approach is to ensure that these are completed within the agreed timescale and to ensure all deadlines
are met.
As part of our year end process, we will also sit down with you and explain what they mean and because
we believe in getting to know our clients and their businesses, we are ideally placed to prepare and
interpret your accounts in the context of both your personal circumstances and those of the sector you
operate in. This enables us to identify areas of improvement, maximise reliefs and minimise any tax
liabilities.
Corporate Tax
Your corporate tax needs will range from routine annual compliance to specialist advice. We
can help you plan the most tax-efficient approach to every aspect of your business, one that
sees the whole picture and works with you to protect the company’s interests.
We look after the interests of corporate entities and are used to advising clients at every stage of a
business’s development:
•Startups
•Expansion
•Acquisitions and disposals
•Succession planning
Whether you are an owner managed business or group of companies, we can devise a tax compliance
service to suit your needs.
Taxation for Individuals
It is the obligation of every taxpayer to assess their own liability to taxation. However,
knowing when to make a payment, how much to pay, or what to do if you think you have paid
too much can be confusing. Additional legislation and regulation leaves many taxpayers
unsure about where they stand with regard to taxation and reliefs, particularly surrounding areas such as
company cars and other benefits.
Whether you require ongoing services or one off specialist advice, we will be happy to quote. Our tax
services include:
Self assessment compliance
Capital allowance claims
Tax planning
Tax structures
Tax investigations assistance
And more…
VAT
Value added tax is one of the most complex and onerous tax regimes imposed on
businesses - so complex that many businesses inadvertently overpay or underpay VAT.
The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever
growing demands of HMRC call for a trained professional eye to ensure that you do not fall foul of the
regulations or pay more than you need to!
We provide an efficient cost effective VAT service, which includes:
• Assistance with VAT registration
• Advice on VAT planning and administration
• Use of the most appropriate scheme
• VAT control and reconciliation
• Help with completing VAT returns
• Planning to minimise future problems with HMRC
Payroll
Paying your staff is one of the most important things your business does on a regular basis
and getting it wrong can mean upset employees, over payments or even fines from HMRC.
Payroll management involves a lot of complex calculations with frequently changing
regulations which can be a costly burden for some businesses.
Unlike a bureau, we won’t just process any numbers that you provide. We will ‘sense check’ the
information and query anything that doesn’t look right based on our understanding of your business. That
way we avoid mistakes and the hassle that invariably follows if you or one of your team is paid the
incorrect amount.
Our payroll service offers:
• Weekly and monthly payroll runs
• Payslip preparation
• Filing of all RTI reports
• Advising you of PAYE/NI payments to be made
Bookkeeping and Management Accounts
We believe that regular contact with your accountant and business adviser, together with
access to timely and up to date management information offers the perfect platform for a
successful business.
Our duty to you is to ensure that your book-keeping is kept up to date with the minimum of hassle or cost
to you.
Our book-keeping services are geared up to suit your needs as a business. We might do it all for you, we
might give you the tools to do it yourself, or we might guide you step by step.
Whichever way you choose to tackle your book-keeping, you can be assured that with our help you will
get the maximum output from the minimum input.
If you would like to discuss your options with us then we would be delighted to meet up and give you a
free book-keeping health check to see if we can save you time, money, or both.
Budgeting, Cash flow & Business Plans
Many businesses are seasonal in nature and cash flow can vary significantly throughout the
year. You many also be seeking to grow your business, employ more people, acquire a new
fixed asset or even acquire a new business. Whatever the reason, financial forecasting can
be invaluable in assessing the viability of each option available to you and allowing you to plan ahead.
We take a flexible approach to all our assignments and are always ready to react to the demands of the
progressive business environment in which our clients operate.