Marshall Smalley Chartered Certified Accountants

read moreAre you a high net-worth individual, business start-up, sole trader, partnership or Limited Company? If so then you will need advice and support from an accountancy firm that is dedicated to offering a personal service and jargon-free approach. We firmly believe that accessing appropriate timely advice and support is crucial to managing your finances effectively or running a profitable business. Like you, we know that it takes hard work and real determination to balance life around the day-to-day pressures so let us save you time and make sure that you are saving money too.

read moreThe team at Marshall Smalley is here to give you their support during this challenging time. To comply with government guidance, we are making some changes to the way we work over the coming months. The team is now working from home, so if you want to contact an individual, please call them directly on their mobile phone. If you do not have this or you are contacting us for the first time, please call our office number 0115 956 9452. When the UK left the European Union on 31 January 2020, we moved into a transition period.

read moreYour business will need accounts preparing to assist in calculating any taxes payable and to help you understand and run your business effectively. Accounts can originate from a jumble of invoices, bank statements, cheque stubs and paying-in books. Many businesses receive their annual accounts months after their year end. These accounts serve no purpose in the management of the business other than to comply with tax and statutory reporting duties. When the UK left the European Union on 31 January 2020, we moved into a transition period.

read moreYou may need a valuation as a pricing exercise prior to a commercial transaction, or for tax purposes. Valuing private company shares appropriately is a technical exercise in which we have built up much expertise. When incorporating a new private limited company you will need to consider company law, taxation, commercial and practical matters. Addressing all of these aspects in the initial setting up process will save you time, trouble and expense later on. At present there are considerable tax benefits arising from trading through a limited company and you may require assistance with the extra company law requirements.

read moreIf you are the subject of a tax investigation by HM Revenue & Customs (HMRC), don't panic. Investigations by HMRC are worrying, stressful, even puzzling and will certainly raise a number of questions in your mind. We would like to work closely with you to protect your wealth, establish helpful solutions to problems and ensure you have the peace of mind knowing that your personal finances are in our capable hands. Value Added Tax (VAT) is possibly the most complicated of all the taxes. It is 'policed' most vigorously by the relevant tax authority if you get it wrong.

read moreIf you are a property investor and receive income from your properties then you need to declare this to HM Revenue & Customs (HMRC). Whether you are a landlord with just one property or you have built up a property 'buy-to-let' portfolio it is essential to have accountancy support as the HMRC is very diligent in finding landlords with non-declared rental incomes. The property investment market is growing and more people are using this as a way of investing for their future. Whether you are an associate, sole trader, partner or practice through an established company there will be tax and accounting advice that will help you spend more time with your patients, mitigate the taxes you pay and retain more of your fee income.