CORONAVIRUS – SELF-EMPLOYED INCOME SUPPORT SCHEME EXTENDED AT 80%
November 5, 2020
The Chancellor has extended the self-employed income support scheme for a further three months.
Unlock The Hidden Potential In Your Business
Support Available for Our Clients
A Message to our Clients
Dear Client
We know that now is a very difficult time for everybody, as we deal with the evolving situation that is the coronavirus outbreak.
While everybody’s first priority is the preservation of life, we know that as a business owner you will naturally be anxious as the UK economy experiences significant turbulence.
We are here to help you at this time.
We have formed a dedicated coronavirus support team to monitor government assistance as this situation develops and assist clients with advice and support on this topic.
You can reach this team on coronavirus@switchaccountants.co.uk
In addition to providing advice and support, we are actively helping clients to access the range of support measures implemented by the government.
We are also gearing up to support clients with the range of business challenges that we expect the economic situation to create.
Please remember that your accountant is available to discuss these challenges with you and provide specific advice tailored to your business. Simply contact them to ask for help.
You will find a range of information about coronavirus related support available on this portal and we will be updating this on a regular basis as new information is released.
We encourage all clients to make use of this section and if you require ANY assistance, please contact us… we are here to help.
Finally, we strongly encourage all clients to strictly follow government guidance at this time.
Please stay safe,
Everyone at the Switch Accountants Team
Latest news
CORONAVIRUS – FURLOUGH SCHEME HERE TO STAY UNTIL MARCH 2021
November 5, 2020
In the House of Parliament today, the Chancellor of the Exchequer Rishi Sunak announced
CORONAVIRUS – FULL LIST OF BUSINESSES THAT MAY REMAIN OPEN/ FORCED TO CLOSE IN SECOND NATIONAL LOCKDOWN
November 1, 2020
Following the government’s announcement at the weekend, which confirmed a full second national lockdown,
Why Choose Us
Your Accounts Sorted
We just get the job done for you - promptly and hassle-free. That means no bizarre templates to use, no long lists of do’s and don’ts, and no endless lists of queries!
Effortless Bookkeeping
Say goodbye to time-consuming and paper-based bookkeeping. We’ll give you a suite of tools that allow you to complete bookkeeping with the click of a button.
Grow Your Business
We don’t just record the numbers; we change them for the better. We help you to grow your profits, fix business problems, improve cash flow and get paid faster.
Pay Less Tax
We are serious about tax mitigation. We have created a unique 493-point tax planning system, meaning no stone is left unturned in legally reducing your tax liability.
Senior Accountant
You will be assigned a senior accountant (not a junior!) and a single point of contact, ensuring your business gets the close expert attention it deserves.
Unlimited Support
We are here to help you all year round, not just once a year. We provide unlimited support via telephone, email, meetings and digital media throughout the year.
Real World Advice
We’re easy to talk to, speak in plain English and believe that we should help you, not belittle or baffle you. We offer practical advice that works in the real world.
Switch Scoreboard
Knowledge is power. We’ll use our unique Switch Scoreboard to analyse your business, followed by a plan to maximise your strengths & resolve your weaknesses.
Fixed Fees
We’ll discuss your needs and offer a tailored service with a single fixed fee, agreed in advance. That means no hidden charges and no surprise bills, ever.
We Deal With HMRC
You should not have to deal with HMRC; that is what your accountant is for. We’ll deal with all HMRC issues for you, so you never have to call HMRC ever again!
Funding Your Growth
We’ll help you to secure funding as, at some point, most businesses require funding to buy an asset(s), to fund growth or simply to provide day-to-day cash flow.
Never Miss A Deadline
We guarantee that we will never miss a filing deadline for any of the work we complete for you. That means you’ll never receive a late-filing penalty as a client.
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Accounts, Tax, VAT, Payroll etc
Year End Accounts
Year end accounts for sole traders, partnerships, limited companies and not-for-profits. All year end services include business health checks and at least yearly business development meetings.
Tax Returns
Tax return services for businesses, companies, individuals and non-profits. A bespoke tax plan is devised for each client (updated yearly) to ensure you pay as little tax as is legally possible.
VAT Returns
VAT returns completed for you, complaint with Making Tax Digital legislation. Our VAT specialist team members are on-hand to advise on all VAT queries, from the basic to advance VAT planning.
Payroll Bureau
Payroll services from one employee to thousands. Includes everything from digital payslips and simple reports through to AE pension management, all done for you for one simple fee.
Bookkeeping
Say goodbye to time-consuming and stressful bookkeeping! We will set up a modern, entirely paperless bookkeeping system for you, meaning your input is limited to the click of a button.
Online Accounting
We now support many businesses from across the UK. With digital meetings, screen-sharing and paperless technology, you will receive the same first-rate service we are proudly known for.
Management Reporting
Real-time reporting using our powerful Switch ScoreboardTM intelligence system, giving you instant knowledge that helps you to identity and resolve business issues and harness your growth.
Outsourcing
We help businesses with an internal accounts team to outsource this department by harnessing the very best in modern technology, resulting in a much better service at a much lower cost.
Our Unique System
We have created a unique, 493-point tax planning system with a tailored tax plan for each client, including rolling updates and pre-year end tax measures.
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Advanced Planning
If you are a high profit business and/ or high net worth individual or if you have a specific complex tax matter (including investigations), let our experts help you.
LEARN MORE
R&D Tax Credits
Our specialist R&D department secure significant tax reliefs for innovative companies on a yearly basis. Ask us if you are unsure if you qualify and we can advise.
LEARN MORE
Exit Planning
There comes a time when a business owner exists, usually due to retirement or to explore fresh opportunities. We will ensure that the tax upon exit is minimal.
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Effortless Accounts Software
Invoice Customers In Seconds
Create branded customer invoices in a matter of seconds, from your office, home or on the move via any of your devices. You’ll also be notified when the invoices are opened and paid.
Never Do Bookkeeping Again!
You never need to do time-consuming and paper-based bookkeeping ever again. We’ll set you up with a suite of tools that allow you to complete your bookkeeping with the click of a button.
Say Goodbye to Bank Statements
Forget bank statements - have your bank account, credit card and PayPal transactions automatically imported and categorised. In fact, say goodbye to paper altogether with our 7-year online storage.
Access From Anywhere on Any Device
Access anytime, anywhere on your Mac, PC, tablet or phone and see up to date financials. Run your business from the palm of your hand via our app - send invoices, claim expenses, check figures…
Get Paid Faster & By
Card / DDs
Get paid faster by invoicing in seconds from any device; track invoices any time and send automatic reminders to slow payers; and receive payments online via all major cards and Direct Debits.
Amazing Real-Time Reporting
Instant access to real-time financials. We’ll also set up dynamic reports for you that help you to track, improve and develop your business. We too can support you in real-time from anywhere.
Credit Control
- Done For You!
Create professional recurring invoices; send automatic statements; track when invoices are opened and paid; send automatic reminders and even use one of our tools to chase up customers directly.
Integrate With Your Other Software Systems
Link to over 800 third-party apps and systems that you can also use to run your business e.g. for inventory, CRM, mileage etc. We’ll also regularly recommend business improving plug-ins for you.
R&D Tax Credits
Our specialist R&D department secure significant tax reliefs for innovative companies on a yearly basis. Ask us if you are unsure if you qualify and we can advise.
LEARN MORE
Funding Claims
We’ll help you to secure funding as, at some point, most businesses require funding to buy an asset(s), to fund growth or simply to provide day-to-day cash flow.
LEARN MORE
Capital Allowances
Often due to poor advice, few businesses claim for all possible capital allowances or maximise claims made. We’ll ensure you never pay too much tax.
LEARN MORE
Wider Tax Planning
Be it a complex tax matter, excessive tax bills, an investigation, the need for long-term or multi-company/ country etc tax panning, let our tax experts help.
LEARN MORE
R&D and Funding Claims
In this world nothing can be said to be certain, except death and taxes
Growing Your Business
Business DNA System
Developed by two of our senior leaders and featured in several of their books, our Business DNA SystemTM is a proven, step-by-step process to unlocking the hidden potential in your business.
Virtual Finance Director
Every successful business relies upon the careful guidance of a skilled finance director. Yet few SMEs can afford the six fixture salary. Our vFD service provides this guidance in an affordable way.
Trouble-Shooting
Our business growth experts will identify and resolve key business problems such as boosting cash flow, growing profit margins, controlling and cutting costs, and improving sales performance.
Funding Your Growth
When the time is right for you, we’ll help you to secure the most suitable funding - be that to fund the purchase of an asset(s), to fund business growth or simply to provide day-to-day cash flow.
Switch Scoreboard
We’ll use our unique Switch Scoreboard system to analyse your business, including benchmarking against your competition, and based on this devise action plans to address problem areas.
Buying, Selling & Mergers
Should you buy another business? Should you merge with or takeover another business? When is the right time to sell your business, and for how much? Let us help you to find the right answers…
Business Systems
Business leaders should be growing their business, not tied down by operations. We overcome this by devising tailored systems focused on time-savings and efficiencies, including team performance.
Dynamic Reporting
Real-time reporting using our powerful Switch ScoreboardTM intelligence system, giving you instant knowledge that helps you to identity and resolve business issues and harness your growth.
Our Business Building Approach
Identify & Solve Business Problems
Whatever issues you are facing, our expert team will identify the root causes and create an action plan to quickly and effectively resolve these issues for you.
Improve Cash Flow
If lack of cash is keeping you awake at night, let us banish your cash flow nightmares with countless strategies to keep cash flowing through your business.
Grow Profit Margins
Discover the truth behind profit creation and see your customers buy more, more often, at higher prices while bringing more referrals and remaining loyal to you.
Get Paid Faster
Slow customer payments needlessly hamper too many businesses. We’ll install a system that allows you to get paid faster without going to court or losing customers.
Develop Time-Saving Systems
Our business growth experts can help you to build a business that is more efficient, profitable and enjoyable to run by devising tailored systems bespoke to you.
Improve Team Performance
We’ll show you how to get the very most from your team; we help you to achieve these results through advisory, mentoring and bespoke on-site team workshops.
Benchmark Against Competition
We’ll benchmark your business against your competition (local, national, similar sized and the next level) in a bid to help you to beat them and get to the next level.
Control & Cut Costs
We can show you the secrets of making your money work harder for you and how to keep as much as possible for yourself without compromising on quality.
Improve Sales Performance
Our dedicated client-focused marketing department will devise practical, low cost ways for you to win new customers, get more referrals and make more sales.
Financial Health Checks
Let us take your pulse and assess what is going right and wrong in your business and based on this develop a plan to maximise your business health in the long-term.
Funding Your Growth
When you need it, we’ll secure you the most suitable funding, that that to purchase an asset(s), fund business growth or to provide day-to-day cash flow.
When To Buy and When To Sell
Should you buy another business? Should you merge with or takeover another business? When is the right time to sell your business, and for how much? Let us help!
Free Resources
Business Books
One of the best ways for new clients to discover more about our business building approach is to read some of the business books written by our senior leaders.
Regular Articles
We have developed a reputation for thought leadership in the accountancy and business sectors and share new ideas on a regular basis through our articles.
Wednesday Webinars
Our business growth team run live Webinars on a Wednesday to give you a mid-week business boost, sharing practical ideas to help you to build your business.
Business DNA Seminars
Take your business to new heights by attending our Business DNATM Seminar series designed to help you to unlock the hidden potential in your business.