Our Services

Wherever you are within your business lifecycle, we can help you. From business start-ups, support and advice for established businesses or planning for your exit, our experienced team are here to help.

At JM Accountancy it’s all about you. We work within specialist departments but we pull together client service teams, led by one of our partners, from across our departments depending on each client. This means you have access to your own team of advisors to meet your business needs.

Accountancy

Accountancy services remain a large and developing part of our service. We constantly review our procedures and have them externally verified to ensure we remain at the forefront of developing technology. We provide services for a wide range of businesses and our aim is to deliver an accurate, timely and relevant accountancy service for all our clients.

Here's a glance at some of the services we provide:

Preparation of annual or management accounts
Preparation of statutory accounts
Preparation of business tax computations
Dealing with company secretarial issues
Reviewing management systems

The benefits are accurate and timely information helping you to have a full understanding of your business as well as full compliance with all statutory formalities. We pride ourselves on providing you with the best financial advice to enhance your business and protect it from risk.

This all forms part of our process to help our clients develop a successful and profitable strategy for their businesses.

Taxation

We have a dedicated team of highly qualified tax advisers which includes Certified Accountants as well as those with many years of experience of working with HM Revenue and Customs.

Our team constantly monitors changes to tax law and responds quickly to these, keeping our clients informed of the implications and providing practical solutions.

We routinely advise clients on all areas of tax covering the tax efficient extraction of funds from companies, how to structure the sale/purchase of businesses and the taxation of non-UK residents.

Our team has many years of experience in dealing with the Revenue and in handling enquiries. We will work hard on your behalf to ease the process of the enquiry and minimise any additional tax due. In some cases we will even manage to secure tax refunds.

Here's a glance at some of the services we provide:

Preparation of tax returns for
- Individuals
- Trusts
- Partnerships
- Companies
Capital gains tax planning
- Calculating your tax liability
- Advising you how to reduce this
Inheritance tax planning
Tax efficient Wills, Trusts & Estate planning
Advising you of the many tax reliefs available
Company cars, Director’ s remuneration and Shareholders’ dividends advice
Employer solutions e.g. employee remuneration, share and incentive schemes
Business structure , changes and exit and succession planning
Tax advice for mergers, acquisitions, disposals and investments
Property acquisitions, disposals and investments tax planning
Tax advice on trading overseas
Peace of mind that you can take out our Tax investigation fee insurance

Our aim is to help you reduce the tax payable by ensuring you claim all possible tax allowances and structure your business/personal finances tax effectively.

Payroll

Our experienced payroll department offers expert services for your business when it comes to providing salary and wages

information for your employees.

We can provide:

Monthly or weekly Payslips
A vast selection of reports, which can be tailored for your requirements
Forms for individuals joining, leaving or going on statutory leave
End of year P60 forms

We use the latest Sage Payroll software, which is consistently keep up to date with any legislation changes. This helps us keep our service to our clients as accurate and reliable as possible whilst ensuring all Revenue deadlines are met.

Business Support Services

We have a dedicated team of highly qualified accountants, whose qualifications range from Certified Accountants to Accounting Technicians. By looking at the actual needs of our clients we are able to offer an individual and flexible service.

We also help our clients find their own accountants and bookkeepers who can work with us if required, to prepare the management accounts.

Our range of business support services includes:

Management accounts
Complete bookkeeping service
Full accountancy outsourcing facility
Advice on accounting software including Sage
Preparing computer models for cashflows and budget forecasts
Confidential payroll service
Complete registered office and company secretarial services
VAT services from registration and VAT scheme advice to return preparation

The benefits are:

More time to develop your business whilst we take care of your financial compliance
Reassurance that your staff are paid confidentially and that the latest legislation is used
Use of our office as a registered office whilst you seek premises
Advice on the best VAT system for your business

Small & Medium Sized Enterprises (SME)

We act for a significant number of SME’s across Tyne and Wear, offering a wide range of professional services to suit this sector. This includes a full audit and accountancy offering, tax services, employment issues and corporate finance expertise.

As we work in close-knit teams across all services lines, we are able to quickly identify and address issues affecting your business and tailor a solution to fit.

Many of our SME clients say they engage us because of our reputation for providing a flexible and personal service. Our experience in the SME market means we have the expertise and enthusiasm to help your business thrive.

Whatever issues are facing your SME venture, we will strive to find the solution.

Strategic Support

We’ll help you take a really vigorous view of the future by attending Board Meetings on a monthly or quarterly basis to ‘challenge’ embedded thinking or act as a catalyst.

Here are a few more issues we’ll help with:

Succession – a critical issue for owner managed businesses, we’ll act as a ‘sounding board’ and bring an objective view to planning the ‘next’ stage in the evolution of your business.
Management development, staff recruitment and training – we have access to the training contacts and resources that can develop your ‘Winning team.’
Review of the Business Plan – we regularly and objectively review our clients’ business plans, offering guidance based on years of experience.

Wealth Management

Our proactive, independent approach to wealth management has enabled us to recruit and retain some of the best people in the industry.

We have recognised a need for an integrated approach to wealth management which covers the more complex issues faced by many families and company directors.

This level of advice will enable you to make truly informed decisions about your personal wealth.

We hope that you will appreciate the attention to detail that our clients experience at JM Accountancy through the ‘fine art of wealth management’.