Accountancy Services in Lincolnshire

Our accountancy & bookkeeping services assist your business with streamlining your day-to-day transactions by recording your income, expenditure, receipts and invoices. Our support reduces your daily task list to give you more time to focus on the expansion of your business and improving it's finance function.

Our accountancy systems service is to help support you with advice, consultancy, training and implementation of financial software such as Sage or Xero. You will have support from a certified advisor on which software is best for your business requirements.

Do you need help budgeting for your business to ensure the best allocation of funds for profitability or do want to know how much money you are expected to receive in the coming periods to support future growth or undertaking of expansion opportunities? We can support you with your long term plans to achieve financial success.

Are you thinking about going self-employed or operating in a partnership? Is forming a limited company the right decision for you? Our advisors can help to create your business in your vision and will be by your side every step of the way. We can prepare all the necessary paperwork, offer advice and support and also explain the statue and tax rates applicable for you and each business type so that you can start off your business the right way.

Our TCSP services are fully authorised by HMRC to assist your business with it's governance and statutory duties. Whether you need us to assist with forming your company, acting as a director, secretary, trustee or partner or to provide an office, correspondence or administrative address for your company services, we can help support you.

Do you or a collective operate a charity, CIC or guaranteed company within the UK? Then you may need an independent examination, a check into the accounts presented or a check into any disclosures to ensure they are true and correct. Our advisors can help to support your organisation and check you are compliant with the Charities Act.

Our internal audit service is for one simple purpose, to check and consult on your current internal financial controls, governance and processes. There is always room for improving efficiency and an advisor coming to support your business may be able to have impartial oversight on where to help develop a particular area to help your business run smoothly.

Prepare your business for the future of tax reporting with Making Tax Digital (MTD). At RFBS, we specialize in MTD compliance. Our knowledgeable team will guide you through the digital transformation, ensuring a smooth transition. From digitising your records to accurate VAT reporting, we'll help you stay ahead of changing tax regulations. Say goodbye to manual errors and embrace the efficiency of MTD with our comprehensive services. Trust us to keep your business compliant in the evolving tax landscape.

Our payroll & pensions auto-enrolment services assist you with your weekly and monthly payroll or CIS requirements, making all relevant deductions, calculating net pay, submitting monthly returns to HMRC, journal preparations and updates regarding any statutory changes that will affect your business.

Fuel your business growth through innovation with our Research and Development (R&D) services. Our expert team specializes in guiding you through the R&D process, from ideation to implementation. We help you maximize R&D tax incentives, access funding opportunities, and mitigate risks. Collaborate with us to stay at the forefront of your industry and unlock the potential of innovation for your business.

Our self-assessment service for individuals helps to ensure you are paying the right amount of tax to HMRC, claiming the correct allowances and doing so in a timely, accurate and efficient manner. If you are an individual with a higher rate income, complex tax affairs or are a business owner, you may need to complete a self-assessment. If this applies to you or if you believe you meet the requirements and need to complete a self-assessment, we can support you with the process.

We understand that in each area of your financial and tax affairs, there may be some specialist support required where an expert assists in taking care of a unique position you find yourself. These services can offer a wider range of support, heading by an expert in that particular field to provide you with everything you need to ensure you can make the most of every opportunity under the most unique of circumstances.

Every year, HMRC launch investigations into hundreds of thousands of individuals & businesses tax affairs and in most cases, people often have their tax affairs in order and there is nothing that needs to be amended. However, this can often be a daunting and stressful situation. By reaching out to our team of professionals, we can fight your corner and help to resolve this situation, on your behalf, so that you can focus on the more positive things.

Our personal tax services are available for one purpose, to ensure you, the individual, are paying to correct amount of tax. One of our advisors can support you with your personal tax affairs, advise you on good tax planning or support your business if you are a sole-trader or partner who's personal and business' finances are integrated.

Our VAT services will help to support your business' cash flow through accurate and correct monthly or quarterly tax returns. VAT may seem complicated but by providing the right support, we will ensure the submissions are correct, you are charging the correct rates, explain the VAT rules and guarantee you are only paying what is needed, to HMRC.