Your specialist accountants serving small to mid sized businesses: taking away the headache so that you can concentrate on your business.
The financial affairs of an individual taxpayer and companies alike are becoming more and more complex, confusing and unnecessarily burdensome. Getting it wrong now invariably means there are penalties, surcharges and interest to pay. Who wants to pay punitive tax penalties?
Conversely, failure to effectively manage your own or your companies tax affairs can often lead to a potential overpayment of tax that can have a significant effect on cash flow and the business generally.
All accountants are not the same. Some treat you like the number, which is ironic under the circumstances.
At Penn Accounts, we are different. We are not a burgeoning accountancy practice. We do not have banks of assistants who undertake the majority of the work - Our Principal Accountant is your accountant. We like it that way. Your bookkeeping work is undertaken by the Principal - because that's where most of the mistakes are made. The same Principal does the year-end accounts and files the relevant returns. One person, one call, one person answerable to you and your business.
Building relationships from where you are now as a business, to where you want to go. Together.
Accountancy made simple.
With the increasing challenges presented by COVID-19, we have brought together useful resources to help you and your organisation stay on top of the information and navigate through these difficult times.
COVID-19 Financial Support
The government has put in bold financial support measures for companies from furloughing to CBIL's. It can be very confusing. Is your company is eligible for any of the support measures put in place?
Covid-19 Support for
The Job Retention Scheme has been warmly welcomed by many, including accountants who are working hard to support businesses applying for these schemes.
However, many of the businesses are one-man companies with one director performing both administrative duties and income – generating activities.
Find out how that impacts director led businesses. Are you eligible?