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What we do

"You can do anything you want, but you can't do everything”

We know this is especially true for the Owners of Salons, Barbershops, Studios and Spas.
So our aim is to take a load of things off your hands (and off your minds):

Book-keeping . Payroll . VAT . Tax . VAT . Pension Admin . Chair/room rental accounting

While at the same time:

  • Ensuring you comply with all of HMRC and Companies House's requirements
  • Helping you plan your tax strategy
  • Being your trusted advisor, and
  • Ensuring you remain in control of your business

All our Clients have our "Core Service for Business" as standard:

We know this is especially true for the Owners of Salons, Barbershops, Studios and Spas.
So our aim is to take a load of things off your hands (and off your minds).

In a nutshell, this means a heavy load of things off your hands, ensuring you comply with HMRC and Companies House, being your trusted advisor and ensuring you remain in control of your business. In more detail:

  • Book-keeping

    You scan your bills using our App, and we do the rest!

  • Management Accounts

    So you have visibility on what’s going on in your business.

  • Year-end Company Accounts

    We prepare and submit these for you.

  • Year-end Corporation Tax return

    We prepare and submit this for you.

  • Companies House Annual Compliance reporting

    We prepare and submit these for you – and pay their fee!

  • Includes your Xero subscription (we are Xero Certified Advisors)

    We set up your Xero. We’ll then show you how to use it, setting up a dashboard to show the information you want to see, show you how to easily raise invoices to your contractors by email, and how to access your monthly reports. Ongoing advice and training on Xero is included.

  • Advice & Support (whenever you need it)

    We're happy to talk when it suits you. Not just Monday-Friday, 9-5. Phone, Email, WhatsApp, Skype

  • Your HMRC Agent (we talk to HMRC so you don’t have to)

    The first thing we’ll do is get you to authorise us as your HMRC Agent, so we can talk to them on your behalf. We can then start checking your position regarding tax, VAT and payroll and help sort out any admin or issues they have.

  • Salon Business advice

    As a Salon Owner, you often don’t have anyone to discuss your salon business with who really understands your issues and who is unbiased with their advice.

    We talk to Salon Owners all the time and see what works and what doesn’t.

  • Business Tax Advice & Planning

    We provide tax and planning advice to Salon Owners all the time. Each one of our Clients is in a unique position, so we tailor our planning specifically to each one; revisiting it regularly to ensure it’s still the best approach as circumstances change.

We then bolt-on additional services as and when our Clients need them:

Payroll Processing

We take the payroll admin off your hands, letting you know how much you need to pay each time, to whom, and by when.

  • We prepare your employee payslips (basic pay, commission, holiday, SMP, SSP etc)
  • Your staff all get their own payroll portal, where they can access their own payslips, P60’s and so on. But it can also be used for them to request holidays and for you to record any sick leave
  • We'll let you know how much you owe HMRC (for PAYE and NIC) and also your Pension provider (for auto-enrolment)
  • At year end, we run all the usual payroll report like your P60’s
  • Calculation of PAYE, NI and pension deductions

  • Calculation of other amounts (sick pay SSP, maternity, holiday etc)

  • A payslip issued to each employee

  • Each employee has access to their own Portal, where they can see all their payslips, P60's etc - so you're freed up from this admin task!

  • From their portal, they can also request time off for you to authorise, which is then used in the payroll process

  • Submit your employees 'hours worked', holidays' etc either direct from your POS system, the Xero App, or via our online timesheet

  • Submission of information to HMRC each month (RTI),

  • Accounting for the costs

  • All year-end requirements such as PIID, P60, P45.

Contractor Processing

Where a Salon uses Contractors (renting chairs, space or rooms to them), this bolt-on includes all the additional accounting & advice involved:

  • Additional monthly bookkeeping

  • Additional monthly accounting

  • We help you set up an efficient invoicing process to your Contractors (so that you can prepare and email directly to them)

  • Maintenance of your accounting system and reporting to handle Contractors

  • Regular advice on HMRC compliance and keeping you up-to-date on any changes

MTD VAT Reporting

Production and submission of your VAT returns, plus any VAT advice you need – ensuring you’re fully MTD for VAT compliant.

You’ll always know how much you owe HMRC at any time.
If you are owed amounts, we'll also ask HMRC to refund you directly.

  • VAT returns and advice - MTD compliant

  • Additional monthly bookkeeping

  • Additional monthly accounting

  • Preparation of your VAT return each quarter and submission to HMRC, answering any questions they may have.

  • Ensuring you are “Making Tax Digital” for VAT ready!

Profit Extraction Strategy

Ensuring that you extract profits from your business as tax-efficiently as possible. This personal tax strategy will continually be revisited to ensure it is always the most effective.

  • We make sure you have a clear idea of how much tax you're likely to owe during the year and so how much cash to put aside.
  • We'll advise you how to pay yourself each month in the most tax efficient way (either by salary, dividend, pension or loan; or not at all if re-investing in the business is a better option).
  • As part of your tax planning process (which we revisit around January and October each year), we look at your business and personal income positions, to ensure you minimise the amount of tax you'll need to pay.
  • This means that by the end of March each year, you'll have a pretty good idea of how much tax you'll have to pay when it becomes due the following January.
  • Personal tax planning strategy (incl. profit extraction strategy)

  • Salary and dividend advice

  • Directors Loans

  • Pension contributions

Personal Tax Return

We’ll prepare and submit your income tax return for you; then tell you how much tax you owe, when to pay it, and how to pay.

  • Self-Assessment Income Tax return

  • Your HMRC Agent for personal tax

We have many other services we also provide. Just ask!

These are a selection of additional services we can offer for a fixed fee.

Popular examples include:

  • Pension Reporting | Monthly
  • Moving your business from a Partnership to a Ltd Co.
  • Moving to a contractor (chair renter) model
  • Room rental VAT detailed review and planning
  • General reconfiguration of your business structure
  • Automatic enrolment for pensions
  • Advanced Management Reporting
  • One off projects
  • Virtual Finance Controller
  • Virtual Finance Director
  • And many more...