Wagner & Partners – General text

AUDIT & ACCOUNTS

Wagner & Partners attach the highest importance to the content and presentation of your accounts. Quite apart from meeting your legal obligations to satisfy the Registrar, your audited accounts will be seen and used by your bankers, your suppliers, the Inland Revenue, other stakeholders and potential investors.

We offer your company total flexibility. Use us as accountants to assist in preparing figures; as auditors to satisfy the law and as consultants and financial advisers when you need us.

We also offer a monthly management account service to enable you to make faster more informed management decisions with up-to-the-date management information. Copies of the monthly internal accounts might also be forwarded to bankers to keep them informed of your company's progress and to enable them to be aware of any potential problem at an early stage. It is envisaged that monthly management accounts will lead to a reduction in the amount of work required to prepare annual accounts and help reduce audit costs.

For more information contact info@wagner.co.uk

INFORMATION TECHNOLOGY

We can assist your business in the following areas:

Implementation of accounting software
As members of the Institute of Chartered Accountants Faculty of Information Technology, we only recommend accredited quality-assessed software for your accounting application to give you assurance and confidence to suit all IT budgets.
Advice re: hardware upgrades and system design
We can negotiate favourable trade discounts on your behalf and can also advise you whether to upgrade or buy a new system.
Y2K issues
What is your business doing about the milennium issue? We have a close association with several specialist IT law firms who can also advise you in the legal issues surrounding the potential liability of software houses.
Training and support
We can assist you with staff training for a variety of accounting packages, including Sage and Pegasus.
The Euro is coming – are you ready?
An issue for every business which will need to have seccessfully installed accounting systems that can cope with the new Euro currency.

For more information contact info @wagner.co.uk

CORPORATE & PERSONAL TAXATION

Within our firm, there are two separate, but nevertheless, integrated departments that together look after our clients' tax affairs. Both departments are experienced in dealing with the day-to-day routine aspects, from the completion of your self-assessment income tax return at 5 April each year, to the settling of complex corporate tax negotiations with the Inland Revenue Special Offices and tax planning for individuals and companies. By the way, Self Assessment doesn't mean you have to complete your return yourself!

All the partners and the staff within the departments are expertly versed in the complex workings of the UK, and also, foreign tax legislation.

We will keep you up-to-date with the latest news, regulations, commentary on the budgets and constant advice on all current events, as they affect you personally and your company. We hope to provide an on-line service in time for the next budget later on in the year. So watch this space.

Whilst it is particularly important for new businesses to be set up in the most tax efficient manner, it's never too late for good tax planning for existing companies and groups that can save thousands of pounds in unnecessary tax payments, thereby helping cash flow.

VAT
We also benefit from the services of our in-house VAT specialists (ex-Customs men) who are regularly invited to audit our clients' systems for the preparation of VAT returns often saving them a small fortune where VAT has either been over-declared or under-claimed, especially in cases of partial exemption. In possibly the most complex tax legislation of all our VAT specialists always have the right answer.

COMPANY SECRETARIAL

Our Registrar holds the records of every corporate client, and has an on-line connection to Companies House to ensure any statutory and filing queries are resolved instantaneously. This facility enables us to monitor every situation and ensure that all statutory requirements are complied with on time and efficiently and to ensure that the affairs of every company, large or small, are brought under closer and tighter review.

As you know it is essential that you keep carefully within the bounds of the law, the time limits and a host of other restrictions and to avoid stringent fines and penalties. And we will guide and advise you to ensure that all the legal requirements are met on time to give you peace of mind.

We can maintain your registered offices, your statutory register and deal with all the necessary documentation and we also offer our company search facility and computerised credit-checking service to enable you to make timely and informed business decisions.

For more information contact Sheila Samuel.

FINANCE & MANAGEMENT

Owners and management need to know the sort of finance that is available, and how to put themselves in the best possible position to raise it. This is where our years of experience comes to the fore.

In todays competitive environment and harsh economic climate, it is imperative that your accountants work with you. You need to ask for, and receive, advice on the numerous methods of borrowing and repaying money. Who knows how best to deal with the banks in a proper manner, providing them with management information when required and not when it's too late? Your accountants do!

It has been proven that the best businesses are the ones that have a business plan. Let us help you formulate that plan to ensure that it makes financial sense.

The preparation of cash flow projections and budgets are two areas in which we can assist your business to grow. It is common knowledge that many businesses fail within the first few years. We are here to act as part of your management team.

New businesses consitently under-estimate the amount of start-up capital they will need to finance growth. Most end up struggling where they need not have, or failing where there was no reason to. We will guide you through this difficult process and be on hand as and when required.

Over the years our contacts at the major banks have acknowledged our input into their customers' business plans, which has enabled them to more easily assess the proposal in question.

Let us help you to assess business opportunities that come your way, and when decisions have to be made quickly. We employ experienced staff who will carry out in-depth investigations urgently in order to respond to your instructions.

Finally, we see, as part of our service, a role as honest broker in bringing clients together to their mutual advantage.

For more information contact info@wagner.co.uk

BOOKKEEPING & PAYROLL SERVICES

As we approach the Millenium, it is surely only a masochist that is still writing up books and payroll records manually! There are a multitude of accounting and payroll softwares that will free you from these laboriously mundane tasks. We will be happy to advise and assist you in choosing an accounting package to suit your needs and capabilities and to provide you with training as appropriate – for all levels of staff.

Our primary concern is to help you to develop your ability to produce more regular and up-to-date management accounts, forecasts, budgets etc., everything that a business and it's bankers demand.

Alternatively, we can, if you wish, help you with your bookkeeping, weekly or monthly payroll (including monthly PAYE returns) and VAT returns. This will hopefully have the added benefit of reducing the costs of preparing accounts at a later stage.

For more information contact info@wagner.co.uk