for your business or individual needs
Do you require accounting advice?
From sole traders to limited companies and from charities to partnerships, we have services to suit any business or individual.
Bell Stanley is a firm of accountants based in Teignmouth. We offer a personal service to each and every one of our clients. Together with a proactive approach to clients and contacts, we offer a unique combination.
We can assist you with advice and information including start up planning and business advice, as well as offering services such as tax returns, bookkeeping, accounts preparation and payroll services.
Arrange your free, no obligation meeting today
Sole trade and partnership accounts
Limited company accounts
Self-assessment tax returns
New business start ups
Payroll, including real time information (RTI)
VAT returns and online submission
Capital gains tax advice
Computerised software installation & training
Limited company formations
Business Start Ups
Sole trader, Partnership or Limited Company?
The type of business entity you choose to use is very important. We can assist you in choosing the correct option for you and your business.
If you intend to have employees, we can assist with registering the business with HMRC and also setting up a payroll/PAYE scheme if needed. If the business is to be VAT registered either voluntary or compulsory, we can also help in registering with HMRC.
Records/books will need to be kept up to date in order to record your business income and expenditure. This can be either in a manual format or completed with computerised accounting software. We can assist in setting this up or undertaking in the bookkeeping on your behalf and also provide discounted accounting software for you.
We can offer a wide range of services in with regards to Business Accounts to include:
✓ Sole trade accounts
✓ Partnership accounts
✓ Limited company accounts
✓ Monthly or quarterly management accounts
✓ Cashflow forecasting and budgeting
✓ VAT returns and bookkeeping
Tax: Personal & Corporate
As experienced and qualified accountants, we pride ourselves on ensuring we are upto date with changes in tax legislation and rules.
Our tax services include:-
✓ Self assessment tax returns
✓ Partnership tax returns
✓ Corporation tax returns
✓ Capital Gain Tax planning and calculations
✓ Rental property/Land and Property accounting and tax
✓ Remuneration tax strategies and planning
Cloud Accounting, Bookkeeping & VAT
Cloud based systems are the latest in accountancy technology.
They do not require installation, back-ups or maintenance – giving you continuity and peace of mind. Take the headache out of processing and administrative tasks, freeing up your workforce for the operations that really matter.
What is bookkeeping?
In short, bookkeeping is the regular practise of keeping records of the financial affairs of your business. You will need these records when it comes to tax returns and end of year accounts submissions.
Why do I need an accountant for my bookkeeping?
Bookkeeping is one of the tasks that can keep you from developing your business or building your client base. By outsourcing your bookkeeping to an accountant, you can free up your time and rest assured that your financials are all in order. It will also ensure you have adequate accounting records should you get a HMRC inspection.
Why choose us for your business bookkeeping services?
✓ We’re approachable– we understand that accounting can be intimidating and daunting, but our friendly team are always on hand to offer advice and to help you out.
✓ We’re experienced – with many years of general practice experience, there’s no situation and query that we haven’t experienced and can deal with.
✓ We’re cost effective – not only can we save you money, but we also believe in offering an excellent service at an excellent price.
Give yourself more time to spend on your business by letting us handle your bookkeeping efficiently and cost-effectively.
All Inclusive Packages
We pride ourselves on offering each client a unique package that suits their needs and do not try to sell them services they either don’t need or don’t want.
We tailor our services to fit in with your business. We offer All Inclusive Packages to clients to ensure that every aspect of work is taken care of. We will agree a fixed fee price up front and there will be no hidden extras. Our services for the All Inclusive Packages can include the following as appropriate:-
✓ Monthly/Quarterly bookkeeping on a digital accounting software
✓ Quarterly VAT returns
✓ Management accounts so you are fully upto date with the performance of your business and the tax position
✓ Weekly or monthly payroll to include digital payslips and end of year forms P60
✓ Annual business accounts
✓ Personal, partnership or corporation tax returns
✓ Calculation of all taxes such as PAYE/NIC, personal tax, corporation tax, VAT etc
✓ All necessary electronic submissions to HMRC and Companies House
✓ Identifying and savings the business can make
All of this can be yours for a monthly fee with will be agreed in advance.
At Bell Stanley Accountants, we can offer clients and full payroll package so the burden of dealing with this is taken off your hands and you can concentrate on running your business.
Our services include:
✓Register a new payroll/PAYE scheme with HMRC
✓ Weekly or monthly payroll
✓ Providing the employees with an electronic or paper payslip (whatever you prefer)
✓ Advising you of the net pay (take home pay) for the employees or directors
✓ All necessary electronic submissions to HMRC
✓ Calculation of PAYE tax and ✓ National Insurance liabilities and advising you on the due dates these are payable
✓ End of year forms P60
✓ Calculation of statutory payments such as maternity leave, statutory sick pay, paternity leave etc
✓ Setting up and administering and auto enrolment pension scheme
Landlord & Rental Property Tax
Why do landlords need an accountant?
If you have property that you rent out, you are required to register for self-assessment and complete annual tax returns. The rental property income and expenses need to be reported on the tax return together with any other sources of taxable income you may receive.
What can we help you with?
Being a landlord is a big responsibility, but we can help relieve some of your obligations, such as:
✓ Landlord specific tax reliefs
✓ Rental Accounts
✓ Investment Advice
✓ Tax Returns
✓ Capital Gains Tax
Limited Company Formation
What is a Limited Company?
A Limited Company is a private company – meaning that its finances and actions are separate from the finances of its owners. This protects individuals from financial issues, should their company fall on hard times.
There are several other benefits of setting up a Limited Company, including tax advantages, dividends, investment opportunities and business loans.
A Limited Company has more credibility, but added legal and personal responsibilities. We can help with the finer points of setting up your company and keeping it running in a financially viable and effective manner.
At Bell Stanley Accountants, we can arrange for a new limited company to be formed and registered at Companies House sometimes within 24 hours.