Find Out More About Our Services
KBS Oakes has been a vibrant friendly accountancy practice in the High Peak for many years. Now run by Nik and Delia, the practice serves a wide variety of micro and small businesses throughout the High Peak and the UK.
We take a tailored and unique approach to accountancy for your business. Our aim is to make sure that we offer a friendly and professional service, simplifying all processes.
Why Are We The Best?
Business Start Ups
Assist you in selecting the right legal structure for your business. And register you and your business with HMRC.
Incorporate your company, register the members and Directors. And discuss how you get paid by your business.
If you will be employing staff, working within the CIS scheme or need to register for VAT, assist you to get the correct processes in place to comply with the regulations surrounding these activities.
Bookkeeping & Management Accounts
Assist you in keeping your accounting records up to date on a monthly or quarterly basis.
Provide monthly or quarterly management accounts so that you can monitor the performance and profitability of your business regularly.
Prepare a monthly or quarterly cashflow to identify peaks and troughs in your business to help you manage your finances better.
Business Plans & Budgets
Assist you in preparing a business plan for your business for your own use to plan ahead for your business or to support your funding applications.
Assist you with your budgeting so that you can monitor business performance against your expectations to assist with decision making on funding or spending commitments.
Payroll and CIS
Register your payroll scheme with HMRC for PAYE and CIS where it is required.
Take instruction from you on the hours worked and any changes in the payroll on a weekly or monthly basis.
Issue payslips and CIS vouchers to your staff either by mail, email or online portal.
Inform you what PAYE and CIS payments need to be made each month.
Assist you with registering for AutoEnrolment for pensions and inform you of the deductions that need to be paid.
VAT and MTD
Review your eligibility for VAT and register your business with HMRC.
Advise on the appropriate VAT scheme for your business.
Assist you with the preparation of weekly, quarterly or annual VAT returns and assess the allowability of items.
Liaise with HMRC in the event of a VAT compliance visit.
Assess whether you need to comply with Making Tax Digital and assist you with compliance with the digital reporting requirements of the legislation.
Self Assessment
Prepare your self assessment tax return from the information you have provided us with ie savings and investment income, employed and self-employed income and any capital gains from the sale of property or shares.
Ensure that all reliefs and allowances are claimed to minimise your tax liabilities.
If all parties allow it, review the tax position of your business partners and spouses to ensure your tax position is optimised.
Keep you informed of future changes in legislation which will have an impact on your tax position.
Taxation
Prepare the company’s corporation tax returns ensuring that all reliefs and allowances are claimed to minimise your tax liabilities.
Review your business activities and consider the applicability of those activities for eligibility under Research & Development rules and assist you with your claim under those rules.
Consider the activities and results of the company and the impact on the tax position of directors and shareholders.
Keep you informed of future changes in legislation which will have an impact on your tax position.
Tax Planning
We take a holistic approach to tax planning. This takes into account future changes in tax legislation, budget impacts and the structure and status of your business and personal relationships.
This focusses on a tailored approach for you and your business. We are happy to discuss different questions you may have in order to achieve the best outcome.