Business Accounting & Bookkeeping Services in Swansea

Corporation Tax has stringent reporting requirements, harsh penalties for non-compliance and robust investigation policies.

Handling payroll in house can be a significant burden and distraction from the running of core business functions. Tim Taylor & Co can take this hassle away and offer professional Payroll Accounting Services.

HMRC are strict with their rules and regulations around tax, which can be a highly complex area. It is difficult for businesses to keep up with the latest regulations and changes, whilst running their core business and administering tax returns.

We will help you to keep your VAT in order, ensuring accuracy for each transaction, payment and return. We can assist; timing and delaying VAT payments, flat rate VAT schemes, import / export VAT and VAT control visits from customs and excise.

We provide advice and support in all aspects of business planning and personal tax planning for high earning staff and directors

Tim Taylor & Co can help you understand the implications of each business type, including sole trader, partnership or limited company. This enables you to make an informed decision on your business structure, with a clear understanding of your tax responsibilities.

Our fee protection service means you don’t have to concern yourself with mounting fees on an investigation that could take years.

We have been there for businesses as they hit key milestones and made tough decisions on company structure, salaries, directors earnings, pensions and growth. We can provide answers and act as your sounding board for development and management issues.

We have extensive experience in working with all leading bookkeeping and accounting software. We are a Silver Partner of Xero bookkeeping and accounting software. Xero is cloud based, scalable and packed with every feature required to efficiently and accurate record financial data. Where possible, we recommend our clients use Xero for their bookkeeping and accounting needs.