Business Advisors & Accounting Services
The success of any business voyage lies in depth of experience and knowledge
At Hamlyns, we’ve turned the entire accountancy experience around in order to add value to all the services we offer. Of course, we can deal with your accounts and compliance requirements, and look after your tax and VAT issues. But we do more.
We tap into the knowledge base of our network of colleagues and fellow professionals to find lateral and innovative solutions for your business. We challenge even the strongest-minded of our clients to join us in thinking differently. Even that most dreaded hindrance, the audit, has been reconfigured to turn it into an opportunity to ‘mine’ invaluable strategic insights and opportunities.
Through our comprehensive business service, we work closely with you in developing and steering your organisation’s strategy and goals through the prevailing commercial conditions. After all, if you don’t know where your business is going, how will you know whether you’ve arrived or not?
Our staff are experienced in preparing accounts in a number of reporting frameworks, including FRS 102, IFRS, Charities SORP, Pensions SORP and more. We provide hassle-free, straight advice on what is needed to keep your business compliant.
Value Added Tax
At Hamlyns we provide a truly all-encompassing VAT service, from VAT registration to the VAT implications on property transactions; from partial exemption to VAT on imports and exports and VAT compliance checks. In short, a genuinely invaluable ‘value added service’ for businesses that don’t have the expertise.
Company Secretarial Services
The ever-changing landscape of legislation and obligations pertaining to Companies Act compliance are a constant drain on the resources of any busy company director. Our solution is simple – let Hamlyns deal with all your company secretarial requirements while you deal with the day-to-day operations of your business.
Tax Compliance Checks
With HM Revenue & Customs conducting enquires in a far more aggressive manner, it’s important to have Hamlyns on the case, ensuring that your interests are fully protected and you have paid the right amount of tax. Hamlyns also offers Fee Protection Insurance for business and private clients.
Payroll and Bookkeeping
The administration involved with accounting necessities can be crippling to your resources, driving energy and attention away from day-to-day operations. Hamlyns can work with you as an extension of your organisation, tailoring our approach to your requirements and taking care of all your ‘transactional distractions’.
Incentivising staff with tax-efficient share schemes can lead to a myriad of compliance work, we are able to guide you through them and advise on the best approach for your business.
The Enterprise Investment Scheme and Seed Enterprise Investment Scheme have grown in popularity, our experienced staff can assist in compliance advice from both business and investor perspectives.
Research and Development Tax Credits
Hamlyns has detailed practical knowledge of R&D claims and deal with them on a regular basis. We are able to put forward the numbers and assist you with the claims process. We have helped our clients claim thousands of pounds worth of R&D credits and have a good working relationship with HMRC.
Capital Allowances on Commercial Property
Many businesses are unaware that they may be entitled to claim tax relief against a proportion of the purchase consideration of a commercial property. When it comes to site surveys, drawings and bills of quantities, this is best left to property experts, and we are now partnered with Veritas Advisory for this reason.
Working together, we can help you decide on the most suitable structure for your business, prepare a business plan, cash flow projections, look at trading forecasts and introduce you to a suitable bank or lender.
Traditionally, it’s the responsibility of the founding entrepreneurs, company directors and business partners to establish a clear business strategy. And although it might ordinarily be considered outside our remit as accountants, at Hamlyns we believe your business strategy is an area where we can help too.
Hamlyns can conduct a feasibility study of your projects, identify suitable sources of finance, prepare the necessary documentation and present your proposal to your chosen source of finance. At the other end of the business cycle, we can assist with mergers, acquisitions, management buyouts and the disposal of your business.
Business and Corporate Tax Planning
Dealing with taxation issues represents a major drain on your time, coupled with the threat of ‘robust’ investigation policies and harsher penalties for non-compliance. At Hamlyns, we ensure full compliance with current tax legislation, help minimise your exposure and ease the administrative burden.
Services for Solicitors
Providing professional services for the legal sector requires specialist knowledge. Hamlyns possesses many years of experience working with Solicitors, including both general practices and specialist firms. As registered SRA auditors we are able to provide the full breadth of services to firms.
Successful international trading requires expert knowledge – from accounting with foreign currencies and reducing your overseas tax burden to repatriating profits at a minimal tax cost. Hamlyns acts on behalf of UK incorporated businesses trading outside the UK, and for UK subsidiaries of foreign companies trading in the UK.
Mergers Acquisitions and Disposals
We can help with mergers and acquisitions, identifying targets, screening for suitability, raising necessary finance and optimising the financial and tax position of the new enterprise. Hamlyns can also assist with business disposal, from valuing your assets and identifying a suitable buyer, to facilitating the negotiation of the deal.
Your business is worth what someone is prepared to pay for it, so it includes negotiation and valuation. In providing an accurate and realisable valuation, our team will also advise and assist with the potential impact of shareholder disputes, wills, estates and divorce settlements on the planned disposal of your business.
Rescue and Recovery
At Hamlyns, we know through hard-earned experience that bad debts, falling demand, excessive borrowing and poor budgetary control – all too often the cause of an otherwise thriving business failing – can successfully be dealt with head-on through sound financial control and due attention to financial reporting.
Our breadth of experience includes the use of all major cloud accounting software packages, we can assist in your migration or advise you on the best package for your business.