Services

The accountancy services Moore Scarrot provides to its clients depends entirely on their individual requirements and those of their business. Until we fully understand the key needs, we cannot determine exactly what service is appropriate or required. The services we provide cover two work areas :

Compliance Services

This work is the base level of work required to ensure clients are compliant with legislative requirements. It covers work in the following areas :

We produce accounts for clients as frequently as is appropriate and required. From a compliance perspective, annual accounts for tax purposes are required. For Limited Liability Partnerships (LLPs) and Limited Companies, annual statutory accounts and abbreviated accounts are also required.

For many clients, management accounts are by far the more important financial documents. We can produce these for clients or alternatively, train clients staff to produce them in house.

  • Business & Personal Tax

    We provide a complete tax service with an in house specialist tax team. For partnerships and Limited Liability Partnerships (LLPs) a partnership Self Assessment Tax Return is required annually and we deal with this for clients once the annual accounts are complete.

    For individuals, a personal Self Assessment Tax Return is required and our tax team deal with personal tax cases where there is no business interest but where a Self Assessment Tax Return is required.

  • Corporate Tax

    Corporate tax services are provided to our corporate clients. This includes preparation of Corporation Tax Computations and submission of form CT600 (Company Tax Return) to HMRC. These services are provided by our specialist accounts and tax teams, depending which business sector the client falls into. 

Our auditing assignments are carried out through our wholly owned subsidiary, Moore Scarrott Audit Limited, which is registered to carry out audit work by the Institute of Chartered Accountants in England and Wales (ICAEW).

  • Accounts Department

    We can outsource anything from occasional data processing requirements through to replacing a full accounts function. Commonly clients outsource data entry, control account reconciliation and VAT return completion to us.

  • Payroll Services

    We offer a full payroll bureau service for accounts clients and non clients alike. This includes preparation and provision of weekly, monthly or quarterly payslips along with all associated statutory calculations. We will also deal with all end of year processes, such as P35 Employer Returns and P11d Benefit in Kind forms, including submission to H M Revenue & Customs. 

Proactive Added Value Services

This work is added value, consultancy work which assists our clients in developing their businesses, mitigating tax, improving profitability and efficiency or achieving their aspirations.

When presenting our clients with financial information, either management, tax or statutory, we provide advice on their situation and, keeping their aims and objectives in mind, assist clients in achieving continuous improvement. 

Where applicable, we provide our clients with (anonymous) benchmark data for businesses in their sector. Our clients find this information invaluable as it enables them to compare like for like and identify areas for improvement. 

We have extensive experience of advising businesses in all stages of development, whether you are looking to source finance for a business start up, are reviewing your capital expenditure plan or opening your 7th branch, our collective expertise can help. We have assisted countless new start up businesses and have close working relationships with our banking partners to enhance the chances of obtaining finance.

We aim to bring you more than just figures, by taking the time to understand and analyse your business practices, we can identify areas to improve efficiency and increase performance.

All businesses need a sound financial strategy to underpin their success, we can provide assistance in any matter of corporate finance. Whether cashflow projections or business plan to obtain new funding, or if you are looking to renegotiate expensive terms.

We have dedicated contacts in the banking and finance sector across the UK and, in many cases, can negotiate preferential rates due to our close working relationships with lenders.

We regularly advise on implementing and managing tax mitigation strategies for our clients. Alongside this, we ensure that our clients are fully aware of the benefits and reasons for implementing these strategies. 

Fundamentally, we ensure that any tax mitigation strategy is practical in operation.

It is imperative that a business has the correct structure at any given point of its lifecycle. We can analyse current structures and give advice on re-structuring if necessary and appropriate, this could be to limit liability, improve tax efficiency, allow joint venturing or to facilitate succession.

In order to free up management time and increase accuracy, we can assist you in computerising your key business systems. Whether this is by implementing new systems or providing you with training on your existing systems.

We have a close working relationship with a large number of hardware and software providers and can provide onsite training to enable you to extract maximum value from your systems.

We are registered resellers of many of the popular Accounting Systems, including Sage and Quickbooks and can offer bespoke training and help guides alongside these.

In business, matters do not always go as planned. We have Forensic Accountancy specialist services to help you deal with these situations in the unfortunate event they occur. Some of the circumstances where our Forensic services may be of use could be in valuing your business for a new/retiring partner, resolution of disputes between partners or directors, loss of earnings claims and dealing with matrimonial issues.