A named accountant
The same person every time, who knows your business without needing the background explained again.
Accounting, tax, payroll and advisory for Standish businesses — run from our Hope Street office in Leigh, seven miles down the road. Fixed fees, a named accountant, and someone who answers the phone.
Standish has roughly doubled in a generation. Housing went up along the Preston Road and Chorley Road corridors, and the businesses came with it — groundworkers, joiners, electricians and roofers who have never been short of work, plus the independent shops, salons and cafés along the High Street that the new households support.
Construction is where the money is made and lost here. CIS deductions get taken at 20% by contractors and sit with HMRC until somebody offsets them monthly against the PAYE bill — most subcontractors we meet are owed money they did not know they were owed. The VAT domestic reverse charge is the other one: applied to the wrong jobs it either inflates your VAT bill or understates it, and both get found eventually.
The second group here is quieter. A lot of Standish households contain somebody running a consultancy from a spare room for clients in Manchester or further afield. That is a company-and-person question rather than a company question, and it is where most of the tax is won or lost.
Being on Hope Street means you can come in if you want to. Most clients do not — everything works by phone, video and WhatsApp — but the option matters, and so does knowing who you are dealing with.
The same person every time, who knows your business without needing the background explained again.
Fixed monthly fee, agreed before any work starts. No hourly billing, and no invoice for picking up the phone.
Not a set of accounts nine months after your year end, once every decision has already been taken.
A small village does not mean a small service. Accounts, tax, payroll, bookkeeping and advisory all run across the group, and Standish clients get the lot.
Year-end accounts, corporation tax, self assessment and all the filing that goes with them.
Xero and FreeAgent, kept current through the year rather than rebuilt in a panic each spring.
From one director to a full site team, auto-enrolment handled and deadlines met.
Monthly management numbers and a rolling cashflow, so you see the year coming instead of reading about it afterwards.
A whole finance function without hiring one — bookkeeper, management accountant and financial director between us.
Done before the year end, while there is still something to be done about it.
The Hope Street office in Leigh is about seven miles from Standish, either through Aspull or round by the M6. We also act for businesses in Wigan, Shevington, Orrell and Ashton-in-Makerfield, and most of the work runs by phone, video and WhatsApp regardless of distance.
Probably not all of it, and probably not quickly. CIS suffered should be offset against your monthly PAYE liability as you go. If nobody is doing that, it accumulates with HMRC until the year end and you have effectively lent them money for twelve months. It is one of the first things we check on a new construction client.
It depends who you are invoicing and what they do with the work. Supplying another contractor who is supplying it on is usually caught; supplying the end user is not. Getting it the wrong way round is common, and correcting it later costs more than asking once.
Salary, dividend and pension planned together against whatever else you have coming in, and revisited each year as thresholds move. An employer pension contribution is often the single most efficient thing available to a profitable one-person company, and it is the thing most often left unused.
Only if you want to. Standish clients are almost entirely dealt with remotely because it is faster for them. Hope Street is there for the conversations that genuinely go better across a table.