Loughlin Thomas

At Loughlin Thomas & Co, we are a friendly and professional accountancy practice based in Crosby, Liverpool. Established in 1979, we have over 40 years of experience in providing a tailored service to our clients. Our team of experts specialises in a wide range of services, including accounts production, business start-ups, payroll, bookkeeping, VAT, self-assessment, CIS, corporation tax, tax investigations, company formation, and tax planning.

Our Services

At Loughlin Thomas & Co, we pride ourselves on being a proactive firm that goes above and beyond to provide our clients with a bespoke service. We take the time to understand our clients' unique needs and tailor our services to ensure their success. Our services include:

• Financial Accounts: We prepare financial reports to suit many businesses in various industries. Whether you're an individual, sole-trader, or limited company, we have the skills, qualifications, and experience to work with you.
• Tax Returns: We provide individual self-assessment tax returns for clients with property rental income, investment portfolios, or any tax reliefs they may be entitled to and are not receiving. Our services also include the preparation and submission of self-assessment tax returns for sole traders and partnerships, as well as corporation tax returns for limited companies.
• Payroll, Auto Enrolment, CIS: We provide payroll services which can also include work place pension schemes to businesses that may not have the expertise or tools to prepare the payroll for their employees. We also assist with the Construction Industry Scheme by taking away the hassle of filing monthly returns, producing monthly deduction statements for individual subcontractors, and verifying new starters.
• Bookkeeping, Making Tax Digital, Cloud Accounting: We offer bookkeeping and VAT services tailored specifically to your needs, whether records are kept on paper, software, or cloud-based solutions. We can relieve you of the most time-consuming and boring tasks, leaving you with a manageable workload or simply no paperwork at all.
• Limited Company Services: We act as registered office for many of our clients, ensuring that the company record is kept up to date while relieving the burden of reminders and notices received.

Fixed Fee & Fee Protection

We offer fixed fees to our clients for all of our services, usually including unlimited meetings and phone calls throughout the year. Our fee protection scheme ensures that your fees are covered in the event that you or your business is selected for an enquiry by HMRC. This ensures that we can deal with all of the Revenue queries and negotiations, leaving you to run your business. Our fee protection insurance also includes unlimited access to an Employment and Health and Safety advice line.

Frequently Asked Questions

We understand that tax and accounting can be complex and overwhelming. To help, we've compiled a list of frequently asked questions and answers to provide you with the information you need to make informed decisions about your business.

Why do I need an accountant?

The only time you're obliged to use an accountant is if a company is large enough to require an audit. You don't have to use an accountant, but if you choose not to, you have to ensure that complex paperwork is processed on time and to the correct standard. One of the main reasons we're contacted is to help people keep compliant with HMRC and prevent them from getting into difficulties with their tax affairs.