Humm provides the full range of accounting and taxation services that any business, no matter how big or small, may require.  When meeting with potential clients, HUMM discusses their requirements and tailors their service offering to the client’s needs, recognising these may change as the client’s business grows.  Services include:

• New business advice – appropriate structure (sole trader, partnership or limited liability company);
• Company incorporations including registration with HMRC;
• Annual compliance / secretarial tasks – Companies House filings, preparation of annual financial statements, filing of HMRC tax returns;
• Self-Assessment – preparation of self-assessment tax returns including capital gains, foreign income, property income etc;
• Book keeping – in house or remote support with our on-line book keeping systems;
• Payroll – outsourced or advice/support for in-house payroll, ensuring RTI compliance; and
• VAT – advice with regards to registration, alternative schemes, VAT MOSS compliance and VAT return preparation and filings;

• Profit extraction – directors’ salaries, dividends, pension contributions;
• Tax planning – impact of changes in tax law, availability and computation of R&D tax claims;
• Business planning, cash flow forecasting and investment strategy;
• Employee incentive schemes;
• Applications for EU Government funding grants;
• Corporate Governance;
• Company liquidations and dissolutions.

To complement the above services, HUMM encourages its larger clients to utilise Cloud book-keeping software.  Not only does this save the client time and give them up-to-date financial information about their business, it enables HUMM to provide real time and proactive support.  Smaller businesses and sole traders may not necessarily require any software and in these cases HUMM will help set up simple spreadsheets to capture financial information.