S J R Accountants

At Newquay Accountants, we understand the importance of every client, regardless of their size. Our success is intrinsically linked to the success of our clients, and we believe in offering more than just traditional accounting services. We take the time to get to know each of our clients and how their business operates, applying our knowledge and expertise to help make their business a success.

We are a county-wide accountancy service with our Newquay office boasting ample parking outside. We offer a free initial consultation, providing fixed quotes and fees, which helps our clients plan ahead with their accountancy costs. Our annual accounts start from 205, and tax returns from 110. As a small business specialist, we offer a range of services including VAT services, corporation tax, tax repayments (CIS), self-assessment tax returns, and bookkeeping services using Quickbooks, Xero, and other software providers.

Setting Up a New Business

Setting up a new business can be both exciting and intimidating. It is a significant commitment, and it is crucial to receive the necessary advice and guidance when starting a new venture. There are several key decisions that need to be made, which will have a lasting impact for many years. As experienced accountants, we are well-positioned to assist you in making the right decisions.

Annual Accounts

Almost all businesses are required to prepare annual accounts. These accounts are necessary for preparing your tax returns and are also used by other organizations such as banks, financial institutions, customs and excise, national insurance, etc. They provide the client with information concerning the financial performance of the business, helping business people to see how their business is progressing.

Tax Repayments (CIS)

If you are working in the Construction Industry Scheme and have tax deducted directly from your income, we can work out your annual CIS repayment and liaise with HM Revenue and Customs for the refund to be processed. We will maximize the available tax repayment within the HMRC rules and file online, which brings faster issuing of repayments. We only require settlement of our fees on issue of the repayment.

Self-Assessments Tax Returns

There are many circumstances where you need to file a self-assessment tax return. If you are self-employed, a director of a company, a trustee, or if you have foreign income or any other income which is not taxed, you are legally obliged to declare your income and will be required to file an online self-assessment tax return annually by the 31st of January, and make yearly payments towards your tax liability. We can assess and determine your tax position and advise the best strategy to minimize your tax liability, by managing your tax affairs to ensure if there are any tax savings to be made.

VAT Services

We understand that running a successful business involves a lot of hard work, and the extra worry of keeping on top of VAT Returns is a burden that you could do without. We can offer you an extensive VAT service covering all aspects from registering your business, completing and submitting your VAT Returns to ensuring that you are complying with all current legislations and, of course, claiming back input VAT on all possible payments. By passing over your VAT affairs to Newquay Accountants, we can save you valuable time and stress.