Cole Bishop

Cole Bishop & Co, a distinguished firm of chartered accountants, has been a cornerstone of the financial industry since its inception in 1974. Located in the heart of Herefordshire, Bromyard, our firm has been providing a broad spectrum of accountancy and tax services to individuals, sole traders, partnerships, and limited companies. We are committed to providing our clients with professional, personalised, and friendly services that cater to their specific needs and requirements.

Our Services

At Cole Bishop & Co, we understand that every business is unique in its own way, facing different challenges and issues. We offer a wide array of services, including:

Self Assessment

Completing Self Assessment tax returns can be a daunting and time-consuming task. At Cole Bishop & Co, we can assist you in all aspects of Self Assessment, including preparing your accounts, acting for individuals, sole traders, and partnerships, completing the Self Assessment tax return form, submitting the form to HMRC, and dealing with any HMRC enquiries on your behalf.

Tax Planning

Tax planning is essential in protecting the value of your assets. Effective tax planning can help you reduce your tax liabilities and ensure that your financial affairs are structured in the most tax-efficient way possible. Our team of experienced professionals can work with you to provide tailored tax planning solutions that suit your specific needs and circumstances.

Limited Companies

In recent years, many businesses have incorporated into limited companies. At Cole Bishop & Co, we provide a range of accountancy and tax services to limited companies, including company formations, statutory accounts preparation, corporation tax returns, and payroll and bookkeeping services.

Payroll Services and Automatic Enrolment

Running your own payroll can be a significant administrative burden for your business. Cole Bishop & Co can take care of all your payroll needs, including calculating employees' net pay, calculating statutory deductions, producing payslips, and submitting Real-Time Information (RTI) returns to HMRC. We can also help you with automatic enrolment, ensuring that you are fully compliant with pension regulations.

VAT

The VAT system is complex and can be a significant administrative burden for businesses. Cole Bishop & Co can help you with all aspects of VAT, including VAT registration, VAT returns, and dealing with HMRC enquiries. We can also help you manage the transition to Making VAT Digital.

Accounting and Bookkeeping Services

We prepare accounts for individuals, sole traders, partnerships, and limited companies using packages including Quickbooks, Sage and Xero. We can also provide bookkeeping services, including preparing and maintaining accurate financial records, to ensure that your business is fully compliant with regulatory requirements.

At Cole Bishop & Co, we pride ourselves on our professionalism, attention to detail, and commitment to providing our clients with the best possible service. If you would like to learn more about how we can help you and your business, please do not hesitate to contact us.