Haywood Accountants Review

Is the data on your latest financial report boggling you? Haywood can help clear things out for you!

Haywoods is a Chartered Accountancy business based in Bolton, Lancashire, United Kingdom.

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Find out how they can help keep you on top of your accounting in this Haywood Accountants Review.

Table of Content

1 Haywood Accountants Overview
2 Services Offered By Haywood Accountants
3 Haywood Accountants Contact Details
4 Haywood Accountants Reviews
5 Summary
6 Check Out Other Accountants In The Area

Haywood Accountants Overview

For almost 25 years, Haywoods Chartered Accountants has offered accountancy and business consulting services to small and medium-sized enterprises, as well as personalised accountancy services to individuals in the United Kingdom.

At Haywoods, they treat clients more than just a file; you are a company they have helped expand, an individual they have assisted with tax planning, or one of the many clients with whom accountants have built a close connection and understanding over the years and who they aid with all aspects of their financial affairs.

Haywoods Accounting Solutions are a forward-thinking, progressive firm, both in terms of the advice they provide and the resources they have at their disposal. They have introduced various projects that have helped clients decrease administrative expenses and accomplish their business goals in the previous several years.

Services Offered By Haywood Accountants

Read through what Haywood Accounting Solutions has to offer.

Business Accountancy Services

From business planning and company formation through accounting, accounts preparation, auditing, corporation tax, VAT, payroll, and secretarial services, Haywood Accounting Solutions provide a complete variety of accountancy services for every step of your company’s development.

Accounts Production. Businesses must ensure that their financial statements are correct and filed on time; late filing can result in hefty fines as well as a loss of credit ratings, limiting your capacity to trade profitably. Haywood accounts for highly experienced employees who handle production methods, so you can be confident that your firm is in excellent hands. They work closely with customers as the year draws close to remind them of the importance of submitting information to them and any deadlines that may apply. This gives you plenty of time to deal with any difficulties that arise. This is also a heads-up on any prospective tax liabilities. Their IRIS program, which is entirely compatible with the new FRS, creates all of their accounts.
Audits. Since Chris Haywood founded Haywoods in 1992, they have been conducting audits for many clients. Their audit team has a wealth of experience, and customers benefit from seeing the same faces year after year, which helps them have a thorough understanding of a company and its employees. Haywood Accountancy strives to provide a service that does not interfere with your day-to-day operations while still providing you with an in-depth assessment of your company’s strengths, flaws, and general health. They use the PCAS audit system, and their audit personnel is trained every month to keep up with the current requirements.
Bookkeeping. Haywood Chartered Accountants have a pool of competent bookkeepers at their disposal, all of whom adhere to their high standards. When clients use their bookkeeping services, they can be sure that they are in good hands. Haywood Accountancy can recommend a variety of bookkeeping software based on the size and needs of your business and provide online solutions through their gold partnership with Sage. Still, they also have experience with and regularly support clients with online solutions such as Xero, Kashflow, and Quickbooks, to name a few.
Corporation Tax. Corporation tax is an unavoidable byproduct of a successful corporation at best and financial hardship at worst. At Haywoods Accounting Solutions, they make sure that their clients handle transactions in the most tax-efficient manner possible, making the most of any claims and allowances that they may be entitled to. They advise customers to be proactive in this area to avoid any last-minute shocks that might negatively influence a company’s cash flow if it is otherwise strong.
Paye and Payroll. Haywood Accounting Solutions handles their clients’ payroll needs using Sage Payroll solutions, which are RTI and auto-enrolment compliant, guaranteeing you are in good hands and avoiding the inevitable stress that comes with introducing more and more sophisticated payroll arrangements.
VAT. VAT is a complicated subject, and with the internet allowing firms to deal in a worldwide marketplace, it is becoming more possible to be exposed to overseas transactions. Firms must have proper VAT counsel from the start, as penalties may be substantial, as they frequently see.
Secretarial Services. Companies House legislation will be covered, including company formation, annual reports, officer appointments and resignations, and share allocations, to mention a few. Clients are welcome to have their registered offices at their address, and they provide a mail forwarding service.
Health and Safety and Employment Law. Haywood clients receive free health and safety and employment law advice as part of their CronerTaxWise fee protection policy, which many clients have found to be quite beneficial.

Personal Taxation Services

Many accountants provide services for people, but Haywood Accountants go above and beyond. Individual requirements are recognised, and their approach guarantees that their tax customers receive assistance focused on their best interests. Self-assessment, capital gains tax, trusts, inheritance tax, and wealth planning are examples of this.

Self-Assessment. Individuals are responsible for completing their Tax Returns and ensuring that they pay the correct amount of tax under Self Assessment. Since its inception in 1996, Haywoods have been serving taxpayers in this capacity. To enforce compliance with self-assessment responsibilities, HMRC deploys an aggressive system of penalties, and being proactive in this area is the most efficient way to avoid them.
Capital Gains Tax. When you sell or ‘dispose of’ an asset, the profit or gain you make is subject to capital gains tax. When you sell or dispose of most assets, whether they are in the UK or abroad, you will be subject to Capital Gains Tax. Some investments, such as your automobile, personal belongings worth less than £6,000, and your primary private abode, are excluded. Individuals are entitled to an annual capital gains allowance, which fluctuates yearly. More information on the current allocations and rates may be found in the tax tables. If you have made any disposals throughout the year and your cumulative gains exceed the yearly allowed, you must pay tax and file a tax return.
Trusts. In the United Kingdom, there are several different types of trusts, each with its tax effects. Haywoods can help you understand trusts and personalise content for your trusts.
Inheritance Tax and Inheritance Tax Planning. At Haywoods, they work with clients to ensure that their estates are managed in a tax-efficient manner, lowering or even eliminating possible Inheritance Tax penalties. If the amount of your estate, including any assets held in trust and donations made within seven years after death, exceeds the current Inheritance Tax level, you must pay inheritance tax. The sum exceeding this level is subject to a 40% tax rate. Fortunately, there are several things you can do to lessen your risk and lower the amount you will have to pay. These differ based on when you start the process and the method you choose to take, and Haywoods can help you.
Wealth Management. Haywood & Co works closely with a limited number of Independent Financial Advisors with whom they have developed good working relationships over the years. These IFAs adhere to the same values that they do, ensuring that the level of service that their customers have come to expect from them is maintained in these new connections. One of the benefits of employing IFAs they recommend is that they work closely with them to ensure that any investments they make complement their existing tax planning and vice versa. They have discovered that this is critical in ensuring that both parties provide accurate counsel, hence maximising wealth.

Digital Solutions

HMRC will begin rolling out Making Tax Digital on April 5, 2018. This is one of the most significant difficulties companies will face in the following years. Haywood Accounting can provide you with digital solutions that can help you report their earnings and expenses every quarter.

SageOne.
Online Tools.

Haywood Accountants Contact Details

Get in touch with Haywood Accountants through any of the following contact information to avail of their help in interpreting and gathering data about your finances.

Address: Haywood & Co LLP, Kevan Pilling House, 1 Myrtle Street, Bolton, BL1 3AH

Telephone Number: 01204 398849

Website: www.haywoodaccountants.co.uk

Email: [email protected]

Facebook: www.facebook.com/HaywoodCo

Twitter: twitter.com/HaywoodandCo

Company Registration Number: 12947072

VAT Registration Number: 903627437

Haywood Accountants Reviews

There are currently no reviews for Haywood Accountants.

Summary

While making this Haywood Accountants review, we found that this group of accountants are capable of handling most, if not all, of the finances for your business or for you are a private individual. The reputation claimed in their advertising matches the quality of service they provide for their customers. Haywood Accountants are the specialists who can propel you to a more stable financial state.

Check Out Other Accountants In The Area

If you are looking for other accountants in nearby areas, you should check out the list down below: