Specialisms

Buy-to-let

Kupe

Elsby & Co have acted for the owners of rental properties for many years. As specialists in this area, we understand the specific accounting and taxation needs of those in the buy-to-let sector. We can help to save you time and money, as well as offering you peace of mind.

Our specialist services include:

  • Advice on choosing the best structure for your business
  • Dealing with the self-assessment tax return
  • Advice on all taxes, including capital gains tax and income tax
  • Preparing rental income accounts
  • Advice on allowable expenses
  • Dealing with HMRC on your behalf
  • Retirement planning strategies

Small businesses

Elsby & Co have dealt with many small, local businesses over the years, and we understand at first hand the many pressures facing the small business owner. We see ourselves as more than just accountants – we aim to be your business partners, helping to support and develop your business into the future.

Our services for small businesses include:

  • Accounts preparation
  • Starting a business
  • Choosing a business structure
  • Business planning advice
  • Cashflow management
  • Minimising your tax liabilities
  • Making the most of reliefs and allowances
  • Growing your business
  • Strategies to improve profitability
  • Company Cars
  • VAT
  • Employing staff and related issues
  • Business valuations
  • Succession planning
  • Personal financial planning

Solicitors

Solicitors’ accounts are regulated by the Law Society and must be compliant with the Solicitors’ Accounts Rules. As specialists in this area, as well as ensuring that you are fully compliant, Elsby & Co can offer sector-specific advice on taking your organisation forward.

Some of the areas where we can help include:

  • Preparing and submitting the necessary Accountant’s Report as required by the Law Society
  • Accountancy and taxation issues
  • Advice on business development
  • Choosing the optimal structure for your practice – sole practitioner, partnership or limited liability partnership

Start-ups

Elsby & Co have played a key part in the launch and development of many start-up businesses over the years. As such, we understand the issues facing the new business owner, and we can help you to get your business off to a flying start.

Our start-up services include:

  • Deciding on the most suitable structure for your business - sole trader, partnership, or limited company
  • Preparing a business plan, cashflow projections, budgets, and trading forecasts
  • Assessing your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
  • Establishing a good working relationship with your bank
  • Complete any registration procedures with Companies House and HMRC
  • Dealing with company secretarial issues
  • Setting up a recording system for your internal use and for complying with statutory requirements
Case Study - Whichwood cat hotel

Locums

At Elsby & Co, we act for a large number of locums within the medical profession. As specialists in this area, we understand that locums have very specific accounting and taxation needs and we can offer tailored advice and support.

Our start-up services include:

  • Preparing your accounts in line with the requirements of HMRC
  • Bookkeeping services
  • Advice on employed versus self-employed status
  • Dealing with national insurance contributions
  • Dealing with expenses and subscriptions
  • Tax planning strategies
  • Personal financial planning
  • Retirement planning
Locums' brochure

Growth businesses

Elsby & Co understand the unique challenges and requirements facing growth businesses and we can offer specialist advice on all aspects of your growth business.

Our services include:

  • Strategic planning advice
  • Raising finance
  • Growth management
  • International growth
  • Making acquisitions
  • Exiting a business
  • Your business structure

Energy brokers

Elsby & Co have an in-depth understanding of the issues and challenges facing energy brokers. As specialists in this area, we are ideally placed to offer timely advice and assistance.

We can help with all aspects of your business, including:

  • Accounting and taxation services
  • Financial and investment advice
  • Controlling costs
  • Risk management
  • Growing the business
  • Planning strategies for the medium and long term

Cloud Accounting software

Cloud accounting software is a simple and effective way of enabling your information to be stored and accessed online. Elsby & Co have an in-depth understanding of all aspects of cloud accounting, and can offer you expert advice and support.

We can help you to access the many benefits of cloud accounting, which include:

  • Ease of access: allowing you and your employees to access essential data anywhere and at any time
  • Security: your data is securely stored and backed-up in the cloud – also saving valuable storage space on your hard drive
  • Automatic updates and upgrades
  • Information in real time: so your data will always be up-to-date
  • Cost-effectiveness
  • Mobile App: do your accounting anywhere, anytime
  • Assisting with set up and training of staff

Succession planning

A good succession plan will help to ensure that, when the time comes, your business is transferred smoothly and according to your wishes, while also providing financial security for you and your family.

We can help with this process, assisting in such areas as:

  1. Identifying your business’s future needs and investing in the right people
  2. Compiling your succession plan
  3. Managing and developing key employees
  4. Business development and contingency planning
  5. Implementing your plans

Exit planning

You may not have given much thought to how you will exit your business in the future, but putting together an exit plan now will help to minimise your tax bill and maximise your financial gains. We can help to guide you through the process.

We can help with all aspects of exit planning, including:

  • Creating a comprehensive exit plan
  • Minimising your tax liabilities
  • Setting a price and getting the most for your business
  • Choosing the best time to sell
  • Helping you with a sale
  • Ensuring a smooth transition of ownership (if appropriate)