Our Services

Our Services

At Hotsun and Company we offer an excellent range of services tailored to your individual business requirements. These include both traditional accountancy services and more innovative business advisory and development services.

At Hotsun and Company even our most basic services such as bookkeeping and, accounting are designed to add significant value to your personal wealth and financial security.

Corporate Finance

Whether yours is a new or a mature business, ensuring that you have the necessary finance is essential for achieving strategic objectives.

We can help you:

  • Examine project feasibility
  • Decide on potential sources of finance and how this might impact on future stability
  • Prepare the business plan, forecasts and other relevant documentation
  • Present your proposals to your chosen finance source
  • Arrange a disposal, merger/acquisition, or management buyout/in

Corporate Tax Planning

Corporation tax represents a substantial part of your trading costs it also takes us considerable resources. Increased reporting obligations combined with rigorous non-compliance penalties may mean that collecting revenue for the Government creates a punitive administrative burden on your company.

We can help you:

  • Determine the most appropriate tax structure for your business
  • Take advantage of tax opportunities and reliefs
  • Optimise capital or revenue tax treatment
  • Reduce tax on disposals and maximising relief on acquisitions
  • Comply with corporation tax self-assessment requirements
  • Act on your behalf where required
  • Underpin improvements in your bottom line

Corporate Tax Returns & Annual Returns

At Hotsun and Co, we believe that the preparation of corporate annual returns is more than account preparation. Not only does it meet the regulatory requirements but it also offers a full overview of the years' financial activities and enables a clear forecast to be generated.

We can also help you with:

  • Inland Revenue enquiries
  • Year end planning reviews
  • Rental accounts and advice for property owners
  • Remuneration planning and PAYE reporting
  • Retirement & succession planning
  • Corporate restructuring

Management Accounts

Most businesses rely on timely financial information to feed into the management decision making process.

We can help you by:

  • Producing Management accounts as per your specific requirements
  • Identify trends and fluctuations in financial activity to inform future decisions
  • Identify and risks areas in terms of strengths and weaknesses

Human Resources

This can be a regulatory and administrative minefield. While there is a need to recruit and retain high calibre staff the sheer quantity of administrative work involved can be overwhelming, often diverting attention from core business functions.

We can help you:

  • Develop appropriate remuneration programmes
  • Keep up to date with changes in the PAYE, and NIC regimes
  • Understand and apply employment law
  • Establish employee policies, procedures, handbooks, etc
  • Maintain appropriate records
  • Introduce tax-efficient incentive and benefit schemes

Bookkeeping & Accountancy

We can take care of all your bookkeeping and accounting needs, including the preparation of your annual accounts and maintaining your VAT records.

Working alongside you, we to gain a full understanding of your business and then tailor our approach to your specific requirements.

We can also prepare your management accounts helping to ensure the continued success of your business.

Business start-up

Most people who start up in business do so because they have a great idea and they firmly believe it will pay off. While they have both enterprise and commitment to see it through, they might not have all of the legal, financial and fiscal knowledge they need to run a successful business.

We can help you:

  • Evaluate your plans in a constructive and realistic manner
  • Decide on the most suitable structure for your business - sole trader, partnership, or limited company
  • Prepare a business plan, cash-flow projections, budgets, and trading forecasts
  • Assess your 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, Inland Revenue, or Customs and Excise
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements

Company Secretarial

In addition to our business start-up services, we can offer range of company secretarial services which include:

  • Preparation and filing of statutory forms
  • Preparation of minutes and resolutions
  • Company formation
  • Company searches

Non-corporate

If your business is unincorporated, we can help you with high quality and timely year-end financial statements. These include:

  • Information of trading activity in the year
  • Your balance sheet showing the assets and liabilities of the business at the year end
  • The net value of the business at a certain point in time

VAT

Value Added Tax is a complex tax regime that leads many businesses towards under, or over, payment situations. In addition it is a system forever in flux and it changes with the growing demands of Customs and Excise.

We can help you:

  • Complete the VAT registration process
  • Plan and administer your VAT systems
  • Identify the most appropriate scheme
  • Control and reconciliation VAT
  • Complete VAT returns
  • Negotiating with Customs and Excise on your behalf

Forensic Accounting & Litigation Support

The world of business represents fertile ground for legal sword crossing, so at some point you may find yourself at the sharp end of a contractual dispute, negligence claim or insurance claim. You may also fall foul of complex Revenue systems and face a tax enquiry, or even a fraud investigation.

Fortunately we can help. By working with your lawyer to define the facts of the case .

We can also:

  • Provide information and documentation to support your case
  • Produce valuations in support of a claim
  • Act as an expert witness in court
  • Strengthen your case and help cut your litigation costs