HMRC enquiries
At Jomma Financial Ltd, we understand that if an individual or business is the focus of a tax investigation, they need expert help throughout the process.
Whether it is a simple inquiry on an individual aspect of a tax return or a full inspection of every facet of the business, we can use our expertise to represent our clients in the most effective way and mitigate the final settlement.
We have the detailed knowledge of tax legislation and compliance required to provide constructive advice, along with experience of handling tax investigations at the highest and most complex levels.
We also offer an insurance scheme to cover the additional fees required to deal with the investigation. An enquiry will undoubtedly result in additionally accountancy work being undertaken, and the associated costs could be substantial.
From bookkeeping and payroll these are just some of support services we offer.
Management accounts and information
Obtaining regular reliable management information is vital to the continued success of any business. Let us work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.
Payroll
Running a payroll can be time consuming, complicated and divert resources from the core activities of your business. With the implementation of Real Time Information, HMRC require information generally on or before the date of payment to the employee. We can help by installing payroll software and training your staff. Outsourcing this activity also helps relieve the pressure and we can offer cost-effective solutions. We are able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed.
Bookkeeping
We can help you with all your general bookkeeping requirements, either at your business premises or at our office. Maybe you need help writing up the books or just want us to add the finishing touches to the information in order to create your own management information. If you do not employ a bookkeeper then we can take up the role or help you recruit the right person for your business.
Business planning and forecasts
Every business should plan ahead to ensure success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we can ensure these are both meaningful and robust.
Liaising with banks and institutions
We offer support when liaising with banks and other financial institutions. Drawing on our wealth of experience we can support our clients through this often daunting experience.
Systems advice
Information technology (IT) is one of the key resources available to every business to achieve its short and long-term objectives.
Using the knowledge gained from our own systems and those designed for other clients, our in-house IT team are able to advise on IT related matters with first-hand experience. We can install software, provide training and help you to obtain the best from your chosen system.
Our expertise enables a complete range of services to be offered, including:
software selection
hardware selection
installation and training
communication and connectivity
network and application support
management reporting solutions and
payroll systems
If you are spending too much time writing up books, typing invoices and chasing debts we help to take control by computerising your accounts system. We can help you to make the best use of IT resources to produce financial information that is accurate and appropriate for running your business effectively. With the correct accounting software you can save hours of hard work leaving you more time to deal with the more important areas of the business.
In short, whether you are investing in new technology, reviewing existing systems or have simply outgrown your current resources, we can help.