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We offer an extensive range of accountancy services from basic bookkeeping to tricky import transactions, from the simple self-assessment tax returns to complex corporation tax computations, from sole traders to partnerships to companies, LLP & charities. With our wealth of experience, we pride ourselves on delivering an unparalleled service to all clients, whatever their size or sector.
- We promise to respect your time
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Our Mission
We bring a readily adaptable approach to solving problems, managing multiple tasks and delivering at pace
Our Vision
We reward performance and aim to make our clients account as simple as possible.
Our Values
We bring a readily adaptable approach to solving problems, managing multiple tasks and delivering at pace
Frequently Asked Questions
How should I start my business?
You will need to appoint directors and a company secretary, work out your shares and shareholders, write your memorandum and articles of association, open a separate bank account, and register for corporation tax.
How to raise some finance for growthoptions?
Crowdfunding is a way of raising money by asking a large amount of people to each invest a small amount of money.
There are different types of crowdfunding: donation, equity and debt. Donation crowdfunding is when people donate money to your venture simply because they believe in what you’re doing – they want nothing in return. Equity crowdfunding is when people invest in your company in exchange for shares or a stake in the business. Debt crowdfunding is when people lend you money with the expectancy of receiving their money back with interest.
how do I know what expenses to claim?
Allowable expenses are essential costs that keep your business running properly. They’re tax deductible, which means you don’t pay tax on the money you’ve spent.
Which self-employed expenses are allowable expenses?
- Office expenses. You can include business stationery, printing costs (including printer ink), and postage. …
- Business premises. …
- Travel. …
- Stock and materials. …
- Legal and financial costs. …
- Business insurance. …
- Marketing. …
- Clothing.
what is the best way to sell my business?
Compile the following documents in preparation for your business sale:
- Profit & loss statements for the current and past 2-3 years.
- Current balance sheet.
- Cash flow statement.
- Business tax returns for the past 2-3 years.
- Copy of the current lease.
- Insurance policies.
- Non-disclosure/confidentiality agreement.
What exactly is the self assessment?
Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.
Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return.
What exactly is the self assessment payment?
‘Payments on account’ are advance payments towards your tax bill (including Class 4 National Insurance if you’re self-employed). … you’ve already paid more than 80% of all the tax you owe, for example through your tax code or because your bank has already deducted interest on your savings.
Our Team
William Klien is an accountancy firm in Wolverhampton. We continue to
build on our enviable reputation for providing excellent advice and first
class service to our business and personal clients alike.