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We put you in the driving seat of your numbers providing the services the large companies use that will provide structure to your business with the right services and advice to help you make informed decisions.Get Started!
At Saint Financial Group we are able to provide businesses and individuals in Clacton-on-Sea with a wide selection of business services. Our sophisticated solution allows your business the breathing space for you to take the business to the next level.
We are registered accountants with the AAT, who are ideal for small-medium businesses looking to grow. We helping business who want to take control of their finances and to come tax efficient.
Our accountants can offer a wide range of experience and expertise regardless of your industry and sector. Keeping on top of your finances including invoicing, expenses and accounts is essential. On top of this, dealing with HMRC can be stressful and complicated, this is another area we can take off your hands, looking after your business’s accounting tasks.
A micro business is someone with 10 employees or fewer and annual turnover of under £1.4 million. We work with many micro business and have implement long term solutions bring stability and longevity to their business for long term success.
A small business is privately owned and if it is a limited company it has fewer than 50 employees and is eligible for certain grants, tax benefits and discounts. A small business turnover is between £1.4 - 7 million.
Out of the 5.5 million businesses in the UK 99% are small-medium (SMEs) businesses.
We work with many different sizes of business and we love working with every single one to help them grow! Saint Financial Group is able to assist your business in wide range of services which includes: Management Accounts, Forecasting, Payroll, Company Secretarial Services, Bookkeeping, VAT, Tax Returns, Credit Control, Payment Runs, Software Consultancy & Financial Accounts.
Accounting plays an important role in the running of the business, it helps you track income and expenditure, ensure you are compliant with the laws and regulations, and provides investors, management and government with quantitative financial information which can be used to make business decisions.
With the amount of technology being released every week, there’s always something new on the market that can make your company more efficient or even unique. We are constantly researching and testing multiple softwares so our clients are always using the best solution. In every department of your business technology can play a big factor, with our Software Consultancy, we will run through every scenario to see if the benefits outweigh the costs.
Yes, despite the advertisements by the accounting software companies its actually more difficult than you would expect! Accountants spend years studying in order to help businesses take advantage and stay compliant of the laws and regulations businesses have to comply to. The rules for accounting and tax are different and this can often confuse many business owners and this where accountant can simplify the process for you.
We find businesses most concerning area of their business is their cashflow management. This is why we offer a credit control service to provide a professional consistent service to help get your money in your bank when it should be. We find that our clients get the money 16 days faster than we they first started. Credit Control should be the foundation of any business to ensure you are getting paid when you should be as a minimum.
VAT is one of the areas of tax that is constantly changing and with many rules to navigate it can be difficult for many business owners to keep up to date! With Saint’s help you can be sure that your VAT obligations are met, keeping your VAT bill as low as you are legally allowed to.
Currently businesses with a taxable turnover of over £85,000 in a 12 month rolling period they must register for VAT. This includes both Limited Companies and Sole Traders. Depending on your current turnover there may be different VAT schemes available to you.
Different goods and services have different VAT rates such as exempt, zero-rates, 5% and 20%. Failure to comply can result in fines and other issues and they can stack up quickly. Our team helping you stay compliant and on top of your VAT obligations while keep your VAT bill as low as possible.
There are many different types of accounting software that could be beneficial to your needs more than another or you might just find it easier to use. At Saint, we are comfortable with Xero and Quickbooks as we believe these are the superior accounting softwares at the current times. FreeAgent is a good alternative especially if you are a Natwest client, if so, you can have the FreeAgent Software for free which is a great start for getting your business accounting records online.
Online accounting software allows you to save time and money including on our fees! Xero Cloud Accounting allows you to access your accounts from anywhere! It is an efficient and simple way to handle your accounting needs.Xero Cloud Accounts usually costs around £24+VAT a month (depending on your requirements. If you are already on a software, we believe Xero is the best on the market and encourage all our clients to use them, if you do, we can handle the whole migration process for you.
Bookkeeping is one of them services that is very often overlooked for the wrong reasons! It is probably one of the most important activities when it comes to the day to day running of your business. Having up to date and reliable information on your accounting system if essential to knowing how your business is performing and becoming financially empowered.
Finding the time to enter receipts, invoices and other transactions can be difficult as a business owner. Our dedicated business team are available every workday to handle those tasks for you providing daily updates to your accounting software.
Bookkeeping is keeping your financial records of your business in order regularly. When it comes to the end of the year, you will need these records to complete tax returns and account submissions. Good bookkeeping makes your numbers reliable and helps ensures you are paying the right tax.
Business owners spend hours and hours each week on keeping their accounting software up to date. It’s one of them tasks that can prevent your business from growing as you are trying to save a few £’s. By outsourcing your bookkeeping needs, you are freeing up your time and in result have peace of mind that your financial are all in order. Plus in the case of an HMRC inspection, your accounting records will be above adequate.
You’re self-employed if you run your own business, hire people. Provide the equipment you need to work, charge for your service and sell goods or services for a profit. A sole trader or self-employed person is not a limited company. On average 2-5 hours is spent on your yearly tax return, for a small fee this can be handled by qualified accountants where you can ensure you are paying the least tax you are legally allowed to.
You are responsible for notifying HMRC of your earnings and paying the appropriate taxes. In order to do this correctly, your must keep records of all financial activity within the business, such as: your invoices, expenses and profit.
As a sole trader or self-employed you are required to file an annual tax return by the 31 January after the end of the tax year. You are not required to produce financial accounts however this can provide great insight to your business’s performance during the year. Any expenses purchased during the year that are related to the course of your business activity can be used as an expense to reduce your taxable profit resulting in less tax to pay.
Limited Companies have additional rules that they must adhere to, full compliance protects your company against any fees and penalties you may face. We work with many limited companies assisting with their tax predation, tax planning, tax advice, financial accounts, tax efficiency and everyday financial activity that they would like to run past an accountant.
We help businesses stay focused on what they do best while remaining financial informed with powerful insight into their business. We provide free quarterly reporting showing analysis on their company performance and highlighting any areas of improvement or areas which require attention to ensure long term success.
An accountant's fees varies from firm to firm, however, the value you receive always varies massively… sometimes you pay for what you get. All are pricing is applied on a consistent basis and calculated on many variables that are happening in your business such as turnover, bank transactions, sales, purchases, credit transactions, bookkeeping score, receivable days etc
Based on the variables we have access to, it means we can charge precisely to the position you are in, meaning you are not overpaying for the service you are receiving!
Yes! Accounting Fees can be deducted against your profit reducing the amount of tax you have to pay. This applies to any fee that is business related and will be tax deductible
Our services work hand in hand, we can provide both accountancy and taxation services for your business.Taxation for us goes beyond your tax returns, we aim to make you as tax efficient as you can be, this is where a tax review steps in and identifies every tax opportunity available to you based on your financial profile!
• We’re approachable – we understand that accounting can be intimidating and daunting, but our friendly team are always on hand to offer advice and peace of mind.
• We’re experienced – with many years of general practice experience, there’s no query we can’t handle.
• We’re cost effective – not only can we save you money, but we also believe in offering an excellent service at an excellent price.
Saint Financial Group purpose is to give every business owner control of their business.
Control so you can create a better business for yourselves, a better life for your family and team with peace of mind that everything is in hand.
Simple solutions made around every business, big