TML

read moreTML is a professional firm of Chartered Certified Accountants and Registered Auditors able to provide assistance for all of your accountancy and taxation requirements whether you require assistance in completing your self assessment return or your company accounts require an audit.

read moreMost businesses need money in order to get started. Later, funds will be required to allow the business to grow and fulfill its potential. Typically you will have used bank overdraft and loan facilities, but it is difficult for a new and growing business to raise additional finance without putting up personal assets as collateral. Even then, security alone is not enough - your bank will also want clear evidence that the business will be able to make the necessary repayments. TML can help you to provide that evidence by preparing monthly or quarterly management accounts and helping you to compile detailed business plan, financial budgets and cash flow forecasts.

read moreWhen you decide to take that leap and start your own business you need to make substantial preparations in order make sure that it is not a leap into the unknown. Failure to plan often means you're planning to fail. As well as actually carrying out your chosen profession or trade there are many crucial decisions to be made. Should I operate as a sole trader, partnership or limited company? Which is the most tax efficient for me? How do I deal with the tax office? What taxes will I have to pay? What accounting records do I need to keep?

read moreThis page is intended to be an information resource for small businesses and their owners. If you can't find what you are looking for here please use our enquiry form to email us your problem.

read moreThe proprietor of any small business will tell you that life is simple until the day when you take on your first employee, for it is then that you find what "red-tape" really means. You become an unpaid tax collector and may even be fined for accidentally getting it wrong or sending forms in late. Actually, dealing with payroll should not be particularly difficult. The Inland Revenue provides each employer with comprehensive manuals, flowcharts, help-cards, tax tables, free pay tables, national insurance tables and a stack of forms ready for completion and submission.

read moreIt's our job to get your books straight and keep them that way. We will collect all the receipts, bank statements and other papers and make sure that they are filed correctly to meet the requirements of the Inland Revenue and other interested parties and all at a competitive price and convenience to you. TML take pride in keeping the accounting records up to date, making sure the analysis is right and that the accounts balance, so, if you want to concentrate on running your business, allow us to concentrate on what we do best, which is managing your accounts.

read moreIt's unfortunate, but like it or not, as a business manager you are the Treasury's unpaid tax collector. Not only do they not pay you to perform this vital roll in the economy, but if you get it wrong they will penalize you! The penalties which can be charged for failing to properly apply the PAYE and NIC regulations are amongst the most stringent on the tax statute book. Failure to comply can ruin a business, and as always, ignorance of the law is no defence. We also deal with the PAYE Inspector and the DSS Inspector if required.