Subscribe to our e-news
Register now to receive regular e-news bulletins designed for business owners and individuals.
Please enter your email address below:
Reduction in the Dividend Allowance
It was announced in the Budget that the Dividend Allowance will be reduced from £5,000 to £2,000 from April 2018.Read more >
16 Apr 2017
Making Tax Digital for Business update
Extensive changes to how taxpayers record and report income to HMRC are being introduced under a project entitled Making Tax Digital for Bus...Read more >
15 Apr 2017
Class 4 National insurance u-turn
One of the significant announcements Chancellor Philip Hammond made on Budget Day was the proposed increases to the main rate of Class 4 Nat...Read more >
14 Apr 2017
Beware of SPAM emails claiming to be from HMRC
Prime Accountants Group is advising clients to be extra careful when opening SPAM emails.Read more >
24 Apr 2017
Xero now has over one million subscribers!
At Prime we love Xero and have been fans from the start! It gives us immense satisfaction to see that Xero have now got more than One Millio...Read more >
7 Apr 2017
Pool cars - are you satisfying the five conditions?
Another tax case has been lost by a tax payer due to them failing to satisfy HMRC that a company car was in fact a pool car.Read more >
13 Mar 2017
At Prime we can take care of all your bookkeeping and accounting needs, we can help you to determine which method of record keeping is suitable for you.Read more >
Prime offers monthly or quarterly management accounts to businesses wherever you are in the country.Read more >
Our Payroll services can accommodate all your payroll requirements and will be tailored to your specific needs.Read more >
Virtual Accounts Office
Prime VAO allows you to hand over all responsibilities involved in running an accounts function to a well-established and reputable firm of accountants.Read more >
Accounts Software Advice
At Prime we can supply and install a wide range of accounts systems, appropriate to the size and type of your business, such as Xero, Sage and QuickBooks to name but a few.Read more >
Xero provides a real time view of your business at a glance, enabling you to manage your banking, customer payments, invoicing, book-keeping and information reports.Read more >
All new and established limited companies have to comply with the statutory requirements of company returns. Our Company Secretarial service ensures your compliance at all times.Read more >
Prime Technology, assists clients by providing them with cost-effective IT support in the form of pay as you go problem solving.Read more >
Good quality records can tell you everything you need to know about your business, such as how much money you are owed and what you owe to suppliers, as well as monitoring your profit. However, incomplete, out of date records contribute to losing sight of cash flow which could easily result in your business failing but could also lead to incorrect tax returns and ultimately a tax enquiry.
Keeping accounting records is not just to keep HMRC happy or fulfil your legal obligations; it is the only way to see where your business currently stands.
Most businesses will agree that managing the payroll and understanding the ever-changing legislation that affects this function of your business can be frustrating and time-consuming. Prime Payroll provides a complete payroll solution to take away as much or as little of this burden as you wish and is one of the few firms of accountants that is a registered BACS Bureau.
Virtual Accounts Office
An effective accounts department is a vital element of any successful business but having the staff, with all of the necessary skills and training, within your company isn’t always practical. Prime’s Virtual Accounts Office ensures that any business can have a professional accounts office and latest technological systems without the overheads of running your own in-house finance function.
Accounts Software Advice
At Prime Chartered Accountants we are able to advise on accounts software that suits both you and your business. After all, your choice of accounts software is an important one that can make a real difference to your company’s financial management.
Xero is an online accounting system, ideally suited to SMEs, providing easy access to all your accounting and customer information anytime you need it, wherever you are in the world. Because Xero is “Cloud” (Internet) based, you can access your accounts data anywhere with an Internet connection – even from your Smartphone!
Every new and established limited company has to comply with the statutory requirements of company returns. Our team specialises in all levels of Company Secretarial services which means your business can be assured of statutory compliance at all times.
As a rule of thumb, businesses with less than 50 employees can struggle to justify having their own IT department and therefore opt to buy-in support. As well as looking after Prime’s own multi-site IT networks, the Prime Chartered Accountants IT arm, Prime Technology, assists clients by providing them with cost-effective IT support in the form of pay as you go problem solving.
Call Prime Today - we're here to help
If you are looking for an accountant for your business or personal finance matters call Prime Chartered Accountants, to arrange a free, no-obligation meeting with a Director.
Coventry - 024 7651 8555 or Solihull - 0121 711 2468