Services

Startup Companies and businesses

As a startup company owner, you devote most of your time and energy building the operational structure of your business, and establishing your company brand. This doesn’t mean that you should neglect the financial and accounting aspects of your business.

We are able to help you with that.

What We Do

We have a checklist of what startup businesses should do and what needs to be complied. We’ll run you through with them, offering you no-nonsense advice.

  • Decide what legal structure suits you best – should you operate as a sole trader? A limited company? Or will you be better off running business with a partner? Our qualified accountants will discuss each option, guiding you through this decision-making process and setting you on the right track.
  • Register your company to become a legal entity – so that you can legally start trading as a company, we will help you plough through all the registration paperworks and process your registration with Companies House.
  • Setup a separate bank account for your business – to be able to help you keep track of all the money coming in and going out, we will help you setup your business bank account. We’ll help you choose a bank with proven track records in helping startup businessmen like you.
  • Keep on top of your HRMC obligations – on the first year of your business, you may get overwhelmed by the National Insurance Contributions (NICs), Value Added Taxes (VATs), Self Assessment Tax Returns (SATRs) and year-end accounts that you need to keep track of. At AKK Consultancy we take as much filing and administration off your hands as we can and make sure that everything is processed in a timely manner.

 

Accounting Services

We can help with all your bookkeeping requirements, if you do not employ a bookkeeper we can take up the role or help recruit someone suitable for your business.

Regular Management Accounting is important for the success of any business. We can prepare all your management accounts, monthly or quarterly, ensuring you always have accurate information. We will prepare and process the following:
  

  • – Limited company accounts and filing with Companies House and HMRC
  • – Sole trader accounts
  • – Partnerships
  • – Management accounts
  • – VAT returns​

 

Limited Companies

AKK Consultants is a leading accountancy service company providing unrivaled tax and accounting solutions to all independent contractors working through their own limited companies.

We have a straightforward, no-nonsense accounting approach uniquely designed to meet the requirements of our clients, allowing them to have undivided focus in managing the core aspects of their business.

Aside from providing our clients with the status of their companies’ current finances, we also provide optimized strategies to take advantage of different tax opportunities, ensuring reduced tax liabilities and increased take-home pay.

Our competitive value-for-money tax and accounting package for limited companies include the following:

  • A dedicated accountant to organize and manage financial accounts
  • An expert advice on tax and compliance issues
  • Free registration and business account setup
  • A thorough review of your limited company’s financial position
  • An on-time submission of VAT and PAYE returns, as well as statutory accounts

As a businessman, we understand what’s most important to you – bringing your business forward and towards success. And everyone at AKK Consultants is committed to help you do just that.

Ultimately, our goal is to give you the freedom to earn. By taking full responsibility of the management of accounts and taxes, we give our clients back their time so they can concentrate more in running their business.

So that our clients can make informed and smart decisions, we, here at AKK Consultants, always provide you accurate information as to:

  • How much taxes are due and when
  • How much profit your limited company is making, and
  • What records should be kept

 

 

VAT

Constant changing regulations and demands from HM Revenue and Customs means VAT can be a difficult process. We can take all that burden off you and assist you to comply with relevant regulations. We provide a cost-effective VAT service which includes:

 

  • – Assistance with VAT registration
  • – Advice on VAT planning and administration
  • – VAT control and reconciliation
  • – Help with completing VAT returns
  • – Managing VAT enquiries and if needed visits​

 

Payroll

​ Payroll can be quite time consuming and can distract one from concentrating on running their business. We can take that tension away from you by:

 

  • – Managing your whole payroll process
  • – Assisting with automated payment set-up
  • – Installing payroll software
  • – Training staff
  • – Employee payslips
  • – End of year submissions

 

Tax & Accountancy Services for Self-employed & Sole Traders

If you are planning to build your own business, venturing as a sole trader is probably the quickest way to do it. You don’t have to go through the tedious process of registering your business at Companies House and the administrative obligation will not be as burdensome as that of a Limited Company.

However, your decision to trade sole and be self-employed is still a serious commitment. The success of your venture depends on your ability to handle your business on a daily basis. Aside from managing the business operations yourself, you will also have to take full responsibility of your taxes and accounts.
This is where AKK Consultants comes in. We help handle your taxes and accounts, so that you can focus on expanding your business.

Our self-employment and sole trader service package include:

Accounts – at the end of each fiscal year, we’ll help you prepare your year-end accounts.

Tax Return – we help you complete your self-assessment tax return (SATR), covering both the earnings of your company and any other incomes you have.

Support – an on-going phone support so that you can have advice whenever you need it.

Advice – an on-going advice from our qualified professional accountants to ensure that you’re maximizing your profit and saving while minimizing your tax and accountancy bills.

Online filing – a fast and secure submission of forms through our online filing system to ensure that all documents are submitted on time; plus acknowledgement upon receipt from HMRC for your peace of mind.

Free business registration – if you sign up to any of our service package, we will handle the registration of your business for free.

 

Personal Tax Planning

For those who are subject to Taxation we can offer professional advice and support ensuring our clients  get the most out of their tax position.
We provide clients with tax advice on:

  •  – Capital Gains Tax
  •  – Income Tax

 

Other Services

AKK Consultants also offers an array of varied services including rental accounts preparation, tax planning, and compliance checks.

Rental accounts preparation – we will tailor a tax plan for all your property investments and provide you advice on the business structure that would be best for your unique needs

Tax planning – we provide tax solutions that to help you funnel in more cash flows, increase your tax margins, manage debts and reduce tax liabilities. We cover a full-range tax planning strategies that can impact your business. Included in our tax planning package are: easy-to-understand tax payment advice, tax compliance reviews, as well as time limit monitoring.

IR35 legislation – we make thorough assessment of your unique circumstance and specific contract, determining your status and giving you expert advice. We look for IR35 risks and develop no-nonsense approach to mitigate those risks in a fast and clear-cut manner.

Why choose us?

We have gained an expert understanding in the management of tax and accounting records of our clients. Over the years, we have provided excellent service to anyone who trusted us with their tax and accountancy affairs.

Our aim is to make our valued clients happy by finding ways to help them save money and earn more. We have built our business through these service-centered and value-focused philosophies:

  • We offer quality and comprehensive service at a very reasonable cost
  • We always deliver on-time and accurately
  • We are here to support you, our valued clients, every step of the way
  • Our combined professionalism, knowledge and experience will become the strength of your business
  • We treat you as a person, not as a source of income
  • We are passionate about what we do

All our tax and accountancy strategies are focused on your needs.

also offers an array of varied services including rental accounts preparation, tax planning, and compliance checks.

Rental accounts preparation – we will tailor a tax plan for all your property investments and provide you advice on the business structure that would be best for your unique needs

Tax planning – we provide tax solutions that to help you funnel in more cash flows, increase your tax margins, manage debts and reduce tax liabilities. We cover a full-range tax planning strategies that can impact your business. Included in our tax planning package are: easy-to-understand tax payment advice, tax compliance reviews, as well as time limit monitoring.

IR35 legislation – we make thorough assessment of your unique circumstance and specific contract, determining your status and giving you expert advice. We look for IR35 risks and develop no-nonsense approach to mitigate those risks in a fast and clear-cut manner.