"At a pre-year-end meeting, we established with a limited company client that business profits would be in the region of £200,000, tax £40,000. The director of the company was looking to buy a new fleet of vehicles in the near future. By suggesting capital purchases of £80,000 before the end of his financial year made a tax saving of £16,000. We also suggested, in conjunction with our financial services partner, that the client made a pension payment of £40,000, reducing the tax by a further £8,000.”
“The client was a long-standing, family-run taxi-firm that were doing well on a handwritten bookkeeping system, but changes in legislation meant that an upgrade to digital record-keeping was necessary for business growth. They had small parts of the business on Sage 50, but their current accountant had made them fearful to ditch the old methods.
As soon as they made the switch to A G Smith & Co, we went on site and built a tailored Excel solution to track driver system-rents, banking and school’s contracts. As it was a fairly large company, we put the Excel system in place to act a bridging software into a Sage cloud product; it boosted the client’s knowledge and confidence regarding digital bookkeeping and made them confident to start making the switch.
During this process, we developed a more informal relationship with the client, which meant they had increased trust in us to help with any problem, not just regarding their accounts. Recently, they had a very sudden opportunity to gain a large taxi contract. We visited the client, and together produced an Excel calculator that allowed them to put a precise offer in on-time, and secure the £350,000+ T/O contract.”
“The client was a small sole trader approaching retirement age and winding down the business. The husband and wife had concerns on how they would financially manage once he stopped working full time. They had little pension contribution, small savings amounts and they were not optimistic about their future incomes.
Two years earlier the wife had started to receive a small state pension based only in the following years:
She had received “family allowance” for some 20+ years whilst the children were growing up and in full-time education. The clients did not know that these years counted towards her state pension qualifying years and therefore she had sufficient qualifying years for the full state pension.
After a short telephone call to the pension service, the client received a back payment of £3,500 and an increased state pension going forward. They still thank me for this golden piece of information whenever I see them.”
We’ll take care of everything and put you in touch with the right people to get you started.
We take care of everything to ensure a smooth transition for existing businesses.
We can work to your timescale to get you up and running when you need, and as quickly as you need.
Sometimes, old-fashioned is still the best. We like to meet face-to-face, at your place or ours, to see what we can do for you.
CPRS Ltd is a new company, and we did not know much about running the accounting side of a business as company directors. We appointed A G Smith & Co to form our company and run our PAYE. Everything was explained in a way that we could understand and absorb. Any questions, of which there were many, were expertly answered and explained.
We feel relaxed in running our business knowing that help is not far away.Gary Hamilton CPRS (Grimsby) Ltd
When arranging mortgages for my clients I often need to work with accountants when it comes to getting information on a client. I often find some accountants don’t even have the right qualification.
When dealing with A G Smith & Co, I have always found them to be extremely thorough and efficient in getting information to me. Their figures are always clear and easy to understand, which means I can get my clients' mortgages arranged and to offer that much faster.
It’s always a relief when I hear “A G Smith & Co is my Accountant”.Andrew Dulieu Independent Mortgage Advisor
I had used another accountant for 30 years. I wasn’t particularly happy with them but I never moved because I was under the misinterpretation that all accountants were the same.
But I after I had met with A G Smith & Co a couple of times, I can safely say that not all accountants are the same. Their experience and down-to-earth attitude is extremely impressive, and they picked up on something my previous accountant had kept putting off, which was going to be a big problem for me.
A G Smith & Co were extremely fast and professional in completing the job in one tenth of the time my previous accountant did and also under what they had quoted me. Andrew and his staff are a pleasure to deal with, and I have no hesitation in recommending the to anyone.Kevin Kinch S&K Transport Ltd