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ICAEW Business Advice

Our Services

Start-Up Advice
Year End Accounts
Management Accounts and Financial Information
Corporation Tax
Personal Tax
Capital Gains Tax
Inheritance Tax
VAT and Bookkeeping
Payroll and Payroll Advice
IT Advice
Company Secretarial
Investment and Pensions
Tax Enquiry Fee Protection

Business Start-Up Advice

We specialise in advising new business start ups and would like the opportunity to help make your business dream come true.

Starting your own business is a big step with a long list of legal and financial matters which need to be considered.

We can help you. We have over eighty years experience in dealing with and advising new business start-ups, including:

  • Whether to establish your business as a sole trader, partnership, limited company or LLP.
  • Preparing business plans, budgets and cash flow projections and help with applications for finance.
  • Completion of all registration procedures with the authorities.
  • Advising on and setting up IT systems and installation of accountancy software.
  • We will help you keep up to date with your bookkeeping, VAT and Payroll procedures and ensure you meet all filing deadlines.

Year end accounts preparation

We operate an efficient, practical and friendly service to help you understand your obligations to prepare and file accounts with the appropriate authorities avoiding penalties and missed opportunities.

At Princep Pardoe we also realise that accounting information is not only important for satisfying HM Revenue and Customs but it is also essential to you and your bank, adding value to your business. Up to date accounts enhance the credibility of your business in the eyes of banks, lenders and suppliers.

Limited companies are required by law to prepare accounts that show a true and fair view of its financial performance and position and make them available for inspection by filing them at Companies House. In addition to this companies have to file accounts, corporation tax return and tax computations with HM Revenue and Customs.

We are fully aware of all the filing deadlines for each type of business and will ensure that you meet those deadlines.

Preparation of management accounts and financial information

A successful business requires up to date and accurate financial information which can be used by the management to assess the company’s performance and make the right decisions.

We aim to be part of your team by providing accurate and up to date information in an efficient manner. This includes the preparation of regular monthly or quarterly accounts, preparation of budgets and cash flow forecasts and budget comparisons using up to date software allowing the figures to be flexed for variations in assumptions.

We can assist you in setting up reliable accounting systems and will help you to establish business and financial controls.

Corporation Tax

Corporation tax for companies has become increasingly complex over the past few years at a time when there has also been an increase in the level of penalties imposed for non compliance.

We give professional, reliable and sound tax advice ensuring that all compliance issues are dealt with efficiently and on a timely basis.

Whatever the size of your company our fully qualified and experienced staff can provide a personal and comprehensive tax service to meet your needs.

Personal tax for:

Individuals, Sole Traders and Partnerships –

The introduction of self assessment with automatic penalties and interest if you get your tax return wrong or submit it late has made the task of completing personal tax returns extremely worrying.

We will ensure that your tax return is filed electronically and on time.

As part of the process we will review your individual circumstances to ensure that you pay the minimum amount of tax, offering practical advice on tax planning opportunities.

We will calculate and advise you of your tax liability and the timing of such payments.

We pride ourselves on delivering a first class service at reasonable cost.

Capital Gains Tax

At Princep Pardoe we have over 80 years of experience in dealing with and advising clients on capital gains tax matters.

We can advise you on the available reliefs and exemptions from capital gains tax and help you to minimise such liabilities whether it be on the sale of a business, property or sale of investments.

Inheritance Tax

It is important to make a will in order to ensure that your estate is divided between your beneficiaries in accordance with your wishes, to minimise tax liabilities and to appoint your executors. The intestacy rules are complex and can result in not all of your estate passing to your spouse.

Princep Pardoe can review your will and value of your estate and calculate your potential Inheritance Tax Liability.

We can discuss your wishes with you and advise on the use and impact of trusts.

VAT and Bookkeeping

We offer VAT and bookkeeping services using the latest IT and software. This process ensures that cost benefits are maximised during the year end accounts completion.

For clients who prefer to keep their bookkeeping in-house we offer specific VAT and bookkeeping advice as and when required.

We offer practical advice on setting up your own manual or computerised accounting systems. Our staff are always available to offer ongoing help and support to your staff to ensure the maintenance of proper books and records.

Payroll and Payroll Advice

Princep Pardoe offer a full payroll bureau service tailored to your specific needs Our aim is to take the burden of payroll operation off your shoulders to enable you to concentrate on the running of your business.

We carry out all the necessary calculations for PAYE, National Insurance and Statutory payments and prepare payslips for your employees. We also complete and file on your behalf end of year returns.

We can assist in the operation of Construction Industry Schemes for businesses in the construction industry.

We can advise on and help with the filing of forms P11d, benefits in kind.

IT advice

Princep Pardoe provide a wide range of IT services both from our in-house staff and in conjunction with other professionals and providers.

Selecting an accounting software package can be a daunting task. At Princep Pardoe we have years of experience in advising businesses with this process. We discuss your requirements and options with you and offer clear and practical advice and help with installation.

We are an approved reseller for Sage Software and will assist in the purchase and installation of such software as well as its operation.

Company Secretarial

We offer a full range of company secretarial services including:

  • Filing annual returns
  • Acting as your company’s registered office
  • Dealing with share transfers, allotments and share reorganisations
  • Change of director, registered office and accounting reference date
  • Dealing with dividend payments and tax vouchers
  • Company formation and restructuring
  • Purchase of own shares and creation of new class of shares

Investment and Pensions

It is vital in today’s current economic climate that you are advised by a reliable and professional firm of Independent Financial Advisers. We make use of our professional contacts and work closely with them to ensure that you get this level of service and advice in areas such as:

  • Investments
  • Personal pensions
  • Company pension schemes
  • Life assurance
  • Critical illness cover

Tax Enquiry Fee Protection Service

Individuals and businesses face an increased risk of enquiry into their tax affairs under the new regime. In addition HM Revenue and Customs now have increased powers to visit business premises to inspect accounting records. It is widely expected that HMRC will use these increased powers resulting in an increased number of complex and costly enquiries.

It is important that individuals and businesses obtain protection against such costs.

We have considerable expertise at defending clients under enquiry. Whilst we aim to settle such enquiries as quickly and efficiently as possible they can be costly even if successfully defended.

To provide our clients with peace of mind we therefore offer a Tax Enquiry Fee Protection Service backed by an insurance policy.

794 High Street ~ Kingswinford ~ West Midlands ~ DY6 8BQ
Tel: 01384 401050 ~ Fax: 01384 400191 ~ Email:
enquiries@princep-pardoe.co.uk