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    Business Advisory Services
    Aims Associates Business Advisory Services
    Accounting consultancy, assistance and book keeping
    Review of accounting and finance functions
    Operational and system risk management
    Aims Associates Business Advisory Services
    Controls and assurance services
    Operational risk services
    Assistance in negotiationst
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    Income and Sales Tax Services
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    Sales Tax / Excise duty Services & Value Added Tax Services - VAT
    Income Tax Services
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    Aims Associates Corporate Services
    Corporate Secretarial Services
    Business Process Outsourcing - BPO
    Legal Advisory Services
    Liaison with Government
    Executive Recruitment

Frequently Aasked Questions/ Easy to Understand

FAQ

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Accountants tend to work in a fast-paced, deadline-oriented environment. Accounting information is very time sensitive and needs to be processed in a timely fashion. Also, much accounting work requires individuals to work as a team. This helps in the completion of projects as well as the spreading of knowledge between team members. With accounting constantly changing and since it covers such a wide array of complex topics, there is no way one person can know everything there is to know about the subject. Thus, teamwork makes projects more attainable.



ACCOUNTANCY


How does book-keeping and VAT returns work?

We provide you with access to our preferred online accounting system – Xero, so you can do as much or as little of the book-keeping as you like.

We provide you with a stack of free post postage bags and you send them to us as often as you like. If you have anything electronic to send us, you just email this in to us.

We process the information you’ve given to us.

If you are VAT registered we will check to make sure you’re charging correctly and reclaiming everything you can.

We will then meet with you to chat through a basic profit and loss for the period and discuss any queries or questions.

We’ll then submit your VAT return to HMRC and tell you what you need to pay and when.

How do Accounts work?

Each month, quarter or year, we will write to you and ask you to provide the book-keeping records for the business.

We then check that the records are in a decent state, or if not will agree with you any extra work required by us or you.

We then run through the information and put it into a proper format for HMRC or Companies House.

We will ask you any questions we have as we’ve gone through the information.

We will normally prepare any tax returns required at the same time.

After 30 days of you providing us with the records, we’ll produce your accounts and we’ll arrange for a meeting to go through them with you.

We will provide you with a pack of information, giving you an insight in to your business performance for the period.

Once all agreed with you, we’ll submit everything to HMRC and Companies House.

How do Tax returns work?

We normally get much of what we need from you when we prepare your business accounts. However, we will also request information on all the other income you’ve had in the year.

We then run through the information and put it into a proper format for HMRC.

We will ask you any questions we have as we’ve gone through the information.

After 30 days of you providing us with the information, we’ll produce your tax return and we’ll arrange for a meeting to go through them with you.

Once all agreed with you, we’ll submit everything to HMRC and let you know what you need to pay and by when.

TAX PLANNING


Do you offer this service for non accountancy clients?

Yes, but the charge is much higher for non accountancy clients, mainly because to get information out of your existing accounting is like getting blood out of a stone!

What do you charge extra for this?

We won’t charge for the first hour of our time, but if you want a full tax review, as you can imagine, there is a huge amount of work involved in going through your affairs and working out where all the tax savings could be made.

FINANCE


Isn't it impossible to get finance for businesses at the moment?

Not at all, you just need to know where to look.

BUSINESS DEVELOPMENT


What is business development?

We work with you to build new income streams and drive customers to you.

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