Services

Thinking of changing accountants?

If so, we can show you how to quickly grow your business (even in these tough economic times) and help you keep as much of your hard earned money as possible.

 

Whatever your needs, we can help. Martin Robertson Associates Ltd is a firm of Accountants based in Falkirk, covering Central Scotland and beyond, offering business advisory, support services, accounts and taxation to a wide range of businesses and individuals.

We provide a range of compliance services to support all aspects of business administration. We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared. We will make sure everything is in the right format, in the right place and at the right time.

When you work with our experienced team we will:

  • Assist you to meet the many filing deadlines imposed by Companies House and HM Revenue & Customs.

  • Actively prompt you to submit your business records to us on time.

  • Contact you prior to your year-end with tax saving ideas.

  • Return your calls and emails promptly.

Want to know more about our Compliance Services, fill in your details on the form and we’ll call you back.

The combination of your business knowledge and our support services will help your business to grow and increase profitability.

Management information

Regular management information is vital to the continued success of any business. We 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 and complicated and divert resources from the core activities of your business. We can address this 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, what ever 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 offices or at our office. You may require help to write up books or need us to add the finishing touches to information on bookkeeping systems 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 will 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.

Want to know more about our support services, fill in your details on the form and we’ll call you back.

Your professional and personal goals are central to our consulting services; we take the time to get to know you better so we can offer the best advice.

Management consultancy

Our management consultancy service can review your credit control, stock control, budgeting and financial reporting systems and allow you to take full control of these key areas of your business. We can also help you address specific problem areas in your business such as gross profit, cost control and stock valuation.

Effective management information will allow you to seize opportunities when they arise or identify problems quickly so you can take effective corrective action.

Information technology

Using the knowledge gained from our own systems and those designed for other clients, we are able to advise on software options for accounting. We can install software, provide training and help you to obtain the best from your chosen system. We can help you with:

  • Software selection

  • Installation and training

  • Management reporting solutions

  • 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. With the correct accounting software you will save hours of hard work leaving you more time to deal with the more important areas of the business.

Business Start-Up

Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts.

We can help. Just bring us your business ideas and we will help you to make them a reality! We will help you to:

  • Decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company;

  • Prepare a business plan, cashflow projections, budgets, and trading forecasts;

  • Assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals;

  • Establish a good working relationship with your bank;

  • Complete any registration procedures with Companies House and HMRC;

  • Set up a recording system for your internal use and for complying with statutory requirements;

  • Deal with company secretarial issues;

  • Decide on what computer hardware to buy and help with the installation of accountancy software;

  • Keep on top of bookkeeping, VAT, payroll and other accounting requirements; and

  • Help with all aspects of business compliance and administration.

Investments & Pensions

In todays complicated and strictly regulated financial services market, providing independent financial advice requires specialist knowledge. We make use of our wide range of professional contacts to ensure you have a suitable independent adviser and we work with them to provide you with impartial advice in areas such as:.

  • Pension schemes;

  • Life assurance;

  • Critical illness cover;

  • Private medical insurance and care plans;

  • Individual savings accounts; and

  • Investments.

  • Want to know more about our Consultancy and Systems support, fill in your details on the form and we’ll call you back.

    As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

    Corporation tax services

    Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

    The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.

    Personal Tax (including sole-traders and partnerships)

    We are specialists in income tax, capital gains tax and inheritance tax.

    Self Assessment

    We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

    Personal tax planning

    Today, more and more emphasis is being put on taxpayers' individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.

    Estate planning

    Few of us like to think about dying; however the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system.

    It is important when planning to transfer an estate that adequate provision is made and getting the right balance requires considerable skill and foresight – along with a detailed knowledge of the current tax regime. We provide a discreet comprehensive estate planning service that includes:

  • Help with planning and reviewing a will;

  • Making full use of exemptions and lower tax rates on lifetime transfers.

  • Critical illness cover;

  • Optimising lifetime transfers between family members;

  • Transferring agricultural or business property;

  • Transferring assets into trust; and

  • Arranging adequate life assurance to cover potential inheritance tax liabilities.

  • VAT

    Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:.

  • Aassistance with VAT registration;

  • Advice on VAT planning and administration;

  • Use of the most appropriate scheme;

  • VAT control and reconciliation;

  • Help with completing VAT returns;

  • Planning to minimise future problems with HMRC; and

  • Negotiating with HMRC in disputes and representing you at VAT tribunals if necessary.

  • HMRC Investigations

    Being the subject of a tax investigation by HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.

    Tax protection

    With the increased risk of such investigations it may be worth considering taking out an annual insurance policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial.

    Want to know more about our Taxation services, fill in your details on the form and we’ll call you back.