Accountant in Kent

Expert Kent Accountant

Kent as a county combines breathtaking views, historic sites of interest and easy access to London and the continent. Not only a great place to do business but a great area of the country to live in.

Famed for its White Cliffs of Dover and Canterbury Cathedral, the seat of the Archbishop of Canterbury, Kent is the gateway to Europe for the UK. With a rich history stretching back many thousands of years Kent, also known as the “Garden of England”, benefits from its proximity to London and enjoys a growing and vibrant economy.

Kent has a real mix of industries, from the heavily industrialised North at Northfleet and Cuxton to the coastal towns of Dover and Folkestone.

FAQs

How do I switch accountants?

Choosing the right accountant for your business is important. Using an accountant that isn’t right for you and your business can be frustrating. If your existing accountant doesn’t understand the nature of your business, doesn’t keep you up to date with things you need to be aware of or you don’t feel like you are getting value for money, then it is time to change your accountant. 

Whatever your reasons for switching your accountant, it doesn’t need to be hard. If you are looking for an accountancy firm that takes time to understand the needs of you and your business, we are here to help. The team at AK Tax will guide you through the process of moving your accounting with minimal disruption to your business. 

We’ll help you inform your current accountants, HMRC and Companies House that you are moving and assign us permission to deal with your documentation. This includes a disengagement letter with details of the work they have completed along with the key dates relating to your accounts. We will contact your existing accountant and ask for professional clearance. We then ask you to assign authority to AK Tax to manage your tax affairs and deal with HMRC. 

What if I am starting a new business?

Our team can help you set up a limited company with Companies House. You will also need to set up a business bank account, we can send you details of how to do this.

What services do you offer?

Whether you have recently started a business, are an experienced contractor, sole trader, small business or run a medium-sized company we have a service to suit you. 

Our AK Startup Plus package is designed for sole traders and small company owners. It covers all of your company requirements and your personal tax affairs. It includes:

• Year-end accounts and corporation tax return
• Self-assessment tax return
• Xero accounting software package
• Monthly payroll (up to 5 staff)
• Monthly financial review

AK Advantage is for growing businesses and companies that require more in-depth financial support. It includes:

• Year-end accounts and corporation tax return
• Two self-assessment tax returns
• Xero accounting software package including a quarterly management report 
• Tax calculation 9 months into the year to see where you stand
• Monthly payroll (up to 5 staff)
• Quarterly business review phone call
• Annual budget creation

AK FD is for business owners that want to scale their businesses with the expertise of a Finance Director at a fraction of the cost. It includes:

• Year-end accounts and corporation tax return
• Two self-assessment tax returns
• Xero accounting software package including a quarterly management report 
• Tax calculation 9 months into the year to see where you stand
• Tax planning 9 months into the year
• Quarterly dividend review and dividend voucher admin
• Weekly progress call
• Annual budget creation and quarterly update
• Quarterly strategy meeting with Andrew Hyland (at our office or via Skype)
• Monthly payroll (up to 10 staff)
• Monthly review of your Xero information as a health check to make sure everything’s going okay.
• Annual wealth planning meeting with our, or your, external Financial Advisor.

How does online accounting work?

At AK Tax we are specialist Xero Accountants and as a Xero Silver Partner, we have all of the expertise and knowledge required to help you make the most of online accounting to manage and grow your business. 

That means that we combine our knowledge and experience of traditional accounting methods with the power of Xero cloud accounting software to deliver a new and improved level of service. Xero connects with your online banking and company finances, working in real-time so you will always be up to date with how your business is performing. 

You’ll save time with invoicing and bookkeeping so you get paid faster and improve cash flow. We still provide the business and compliance advice that you expect from your accountant, helping you identify tax breaks, find ways to boost productivity and make your business more successful. 

You can access Xero via your desktop PC, laptop or smartphone app while on the move. This gives you access to your numbers wherever you need them.

What are my responsibilities as a company director?

First and foremost company directors must promote the success of their business as well as having certain legal responsibilities. From an accounting point of view, this means filing various forms and returns to HMRC and Companies House. Depending on the nature and size of your business, these include:

• Confirmation Statement
• Corporation Tax Return
• CT600
• Employee Related Shares (ERS) return
• P60
• P11D
• PAYE
• VAT Return
• Year-End Accounts