Wells Business Services provides an alternative friendly and personal accountancy service to all our clients throughout Teesside. We have been established since 1986, allowing us to build up years of experience and expertise, increasing our ability to provide quality accountancy and business services in Teesside and beyond to a varied client base. Clients range from CIS operative to professionals and limited companies We can even act for if you are working out of the country, providing you have a good internet link, subject to clearance in Money Laundering legislation searches.
Since we started trading in 1986 we have built up a loyal client base who return year after year, trusting us to act professionally on their behalf. We are now acting for 3rd generation family members in some cases, showing how our personal service to them has created strong relationships and loyalty with our clients. We believe this is what makes our business right for you.
Our initial meeting will be free for the first 30 minutes. We like this to be held informally over a cuppa. You can come to us or we will visit you. We have reasonable rates and a friendly approach to helping you understand the ins and outs of your position. For more information contact us for a quote.
We can assist in all forms of taxation: personal; corporation; partnership and individual. We can set up VAT registration and submit monthly or quarterly tax returns on your behalf, and guide you through the records you will need to keep.
We will set up your PAYE and CIS scheme for you if needed • We can manage your PAYE and RTI reporting to HMRC, providing payslips if required and advise you on your monthly or quarterly liability • We can provide services to both contractor and subcontractors under CIS, reporting CIS payments to HMRC electronically for you
We can arrange auto-enrolment for you and all your employees and report to your pensions provider at a weekly or monthly interval.
If you have been selected for an HMRC investigation, which is becoming increasingly more common, we can advise you on your case, reviewing your tax approach to determine your situation, advise accordingly and act as a third party between you and HMRC. We have had significant success in this field which has led to large reductions or cancellation of final tax liabilities.
Tax advice is supplied as required by your personal circumstances. We complete tax returns as part of the service we offer for self-employed clients. However, we can offer self-assessment returns for clients who although not necessarily self-employed, need to complete them for other reasons such as pensions, property letting and investments.
We can advise on elements you can set against your tax, backdated if not previously claimed for the last 4 years. In our experience many clients are not aware of these savings and may have paid too much tax.
Sole trader accounts: Can be completed for you by us and the self-assessment submitted to HMRC on your behalf. Partnership accounts: can be completed on your behalf and we can also complete your partnership self-assessment returns. Small company accounts: We can complete non-audited accounts for you as well as Corporation Tax returns and submission.
You have the business ideas but may be frightened off by the thought of all the official forms, notifications and procedures necessary to comply with the legislation for sole traders and partnerships. We can help from day one by setting up all relevant registrations with HMRC, advising and assisting on book-keeping requirements and processing and submitting your returns.
Limited company start-ups. You are trading, you are doing well and want to grow your business. We can arrange to set you up as a Limited Company, complete your Limited Company accounts and Corporate Tax returns. (Should you wish to dissolve your Limited Company we can help with this too.) Should you wish to start up as a Limited Company from the outset, we can advise you on this, setting up your Limited Company and completing the relevant company returns on your behalf as above.
SurgeonsEngineersBuilding & Roofing ContractorsPlumbersElectriciansWeldersDriving InstructorsRetail BusinessManagement ConsultantsClients working abroadOffer a friendly, experienced and approachable service.Service your professional needs within realistic timescales.See you outside of normal office hours on evenings and weekends with prior notice at no extra charge.Give you the first 30 minutes of your first consultation completely free.