Accounting Services For Owner Managed Companies

Owner managed companies come in a wide variety of styles, from startup to long-established family companies. No two are alike, and that’s why we offer no conveyor belt style accounting plans of the kind you’ll find promoted by many other accountancy firms.

You need accounting services for your owner managed company that are specific to your requirements, and advice that is tailored to your business goals. That’s where the Warr & Co team come in. With decades of experience in helping owner managers, we understand the challenges you face.

Please complete the form below to request a free no-obligation initial consultation with one of our chartered accountants who will be happy to learn more about your owner managed company and let you know how Warr & Co can help you achieve success.

Request Your Free Consultation Now

Specialist Owner Managed Business Accountants

Our range of services is vast, and will depend on what type of owner managed company you are running or are planning to set up. In brief, we can do as little or as much of your accounting as you require. The services we offer include:

  • Company formation
  • Advice on bookkeeping
  • HMRC registrations covering PAYE, VAT and Corporation Tax
  • Advice on tax efficient share structure and remunerations
  • Assistance with VAT and PAYE filing
  • Assistance with financial planning including referrals to IFAs

You can either take a pay-as-you-go approach with us, engaging us for specific tasks as and when you need them, or we can set up a tailored monthly payment plan that covers all of your requirements.

Desk with coffee and cactus plant

Accounting Services For Owner Managed Companies

Corporate Tax Planning

Accounts & Tax

Payroll & Auto Enrolment

Cloud Bookkeeping

VAT

R&D Relief

Additional Relevant Information For Owner Managed Companies

Professional Indemnity Insurance

What Is Professional Indemnity Insurance?

Professional indemnity insurance is the most important type of insurance that your owner managed business should have. This type of insurance protects you against claims made by clients or customers.

Professional indemnity insurance will cover you and your business from the everyday risks that can come with being self employed or running your own business. Imagine a mistake has been made, and then imagine the costs that are potentially applicable in correcting that mistake, which you could potentially be liable for.

While it’s worth noting that these cases are rare, they do happen every year. Without professional indemnity insurance, you and your business are at huge risk. Insurance is an affordable and tax-deductible safety net for your business.

Why Do We Recommend Professional Indemnity Insurance?

If an occasion should arise where you and your client enter a dispute over an error made, work standards, or expectations, your business needs to be protected from a potential claim. It’s worth noting that even if you are in no way at fault, a claim could still be made against your business, resulting in you having to defend yourself at your own cost.

Professional indemnity insurance protects you from some of the costs associated, which is why the team at Warr & Co believe this is an essential requirement for your owner managed business.

Warr & Co have teamed up with Caunce O’Hara – small business insurance specialists – to offer professional services to our client base. Caunce O’Hara, a top 100 independent broker, were selected by our board of directors for their expertise in the small business market, combining decades of specialist experience. In addition, the team at Caunce O’Hara provide a 24/7 easy purchase option. Simply fill in your details to obtain a quote and click to begin your policy.

We can’t stress enough the importance of protecting your business with professional indemnity insurance. Please click the link below to visit Caunce O’Hara for a free no-obligation quote now.

Get A Quote From Our Recommended Suppliers*

*By clicking the link above you understand that you will be directed to a third party website. If you choose to proceed to purchase insurance products from Caunce O’ Hara, Warr & Co will receive commission for your purchase, and by clicking this link, you agree that Warr & Co Limited may retain this. For example should you purchase a professional indemnity insurance policy for £200 (net of IPT) Warr & Co would receive £15 as commission.

Tax Enquiry Service

What Is A Tax Enquiry?

A Tax Enquiry is an HMRC investigation into your businesses taxes. Often this is not a simple process, as the investigative team from HMRC may want paperwork and face-to-face meetings to discuss your business taxes.

Anyone can be subject to an HMRC enquiry, and you must comply by law. They can target any business they wish to and do not have to have a reason to target your business, meaning that they can open an enquiry even if you’ve done nothing wrong.

This is troubling for businesses, and especially small businesses. The cost of defending your company in a tax enquiry with HMRC is significant and can easily run into thousands of pounds – in addition, it’s not unusual for enquiries to last months or even years. So you need a good accountant on your side to defend you and ensure no errors are made on your behalf throughout the investigation.

What’s Included In The Tax Enquiry Service?

Warr & Co will deal with all HMRC correspondence on your behalf, we will prepare and defend your case, and we will negotiate the best possible outcome for you wherever necessary.

Did you know? Even if you are not at fault and have had no errors in your business taxes, the costs of defending your business in an HMRC enquiry are not refunded. Unfair, yes, but that’s exactly why this add-on service is highly recommended to all of our business clients.

For one small annual fee, your business is covered in case HMRC decides to open an enquiry for your business. Whatever the outcome, you’re safest if you have our Tax Enquiry Service on your side.

We have plenty of information, including a downloadable leaflet about tax enquiries and pricing for this service, on the link below.

Learn More About Our Tax Enquiry Service

Book A Free Business Accounting Consultation Now

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