Our Fixed Price Anual Fee

We offer you an Annual Accounting Service where all of your standard accounting, taxation and compliance needs are provided for a fixed price. And the best part is your Annual Accounting Service includes unlimited phone calls and emails, so you can get advice at any time without an additional fee.
We have put together a package which will take care of all your annual accounting and taxation needs. The fixed monthly includes the following:

  1. Bookkeeping
  2. Year-End Accounts
  3. Tax return and computations
  4. VAT returns
  5. Payroll administration
  6. Support throughout the year.
    Fixed-priced packages can be tailor-made to suit your needs.
    If you require a one-off service, we will always be happy to quote, and prices are agreed up front; nothing is ever hidden from you.
    Contact us for a quote or arrange for a free initial consultation.

Switching your Accountants ?

Thinking of switching Accountants? Worried the move could be a painful process, daunting, and time-consuming task? Not at all. All it should take from you is one letter, which we can help you with. We’ll sort out the rest without bothering you unless absolutely necessary. It shouldn’t cost you anything either – your existing accountant is not normally allowed to charge you for handing over your information. Part of this process involves us writing to your current accountant, on your behalf, and asking them to provide us with information about your affairs and paperwork to ensure the transfer is as seamless and smooth as possible.

I am waiting for my Accountant to complete last year’s Accounts

If you’ve been waiting a while your accountant may be putting you at risk of missing certain submission dates. We’ll pull out all the stops to meet your deadlines and help you avoid any penalties or tax investigations. And because your final accounts are produced promptly, you’re left with more time to plan for the year ahead.

My Accountant is the only one who can make sense of my finances

We know every business has their own way of doing things but we’ve decades of experience across all types of industry and have never met records we couldn’t get to the bottom of. If your accounts really are in a bit of a tangle, we can help you put simple systems in place to ensure they never get that way again. A fresh pair of eyes is often all it takes to see the easier, more efficient way of doing things.
I’ve just had my accounts done so I may as well wait till next year
The sooner we look at your affairs the more time we’ve got to make suggestions and implement measures to save you time and money before the year end arrives. Accounting isn’t just about reporting what’s happened in the year – it’s also about making sure you’re best prepared for the years ahead.

I’ve got a bookkeeper so I don’t need an Accountant

This may well be true if you’ve got a particularly experienced and knowledgeable bookkeeper and relatively simple accounts. However, in our experience we find that many bookkeepers do not have the training and experience to finalise accounts and tax computations. They may overlook key ways of saving you money or you may end up with unexpected tax liabilities and penalties. In addition to being fully qualified accountants, we stay up-to-date with the ever-changing tax and accounting regulations through regular training.

I’ve heard switching Accountants often triggers a tax investigation from HMRC

The HMRC do have certain factors they look at when it comes to deciding who to investigate, but targeting someone because they’ve changed accountants isn’t one of them.

Financial Forecasting service

We all agree that budgeting for your business will help you to control costs and overheads and provide you with yardstick for your business spending. Variance analysis can be done by comparing budgets against actual results to identify why your business has under performed and also help to keep your business in track to achieving your commercial objectives.

Forecasting of your profit & loss and cash flows are vital in foreseeing future financial performance and requirements of your business. This will enable you to deal rapidly with any unexpected events and in many cases save your business from liquidation.

Our expertise in this area will provide you with cash flow advice and prepare forecasts for use either internally in managing your business or for presentation to third parties such as bank managers.
Professional financial forecasts are a key part of a successful pitch. Our service is fast, effective and affordable and makes the investors’ lives easier by giving them what they want.

Our forecasting service is:

  • Fast and easy
  • Professional tailor-made forecasts for your business
  • Affordable: fees from just £200+VAT

Tax Investigation Fee Protection Service

Our Tax Investigation Fee Protection Service will cover for up to £75,000 of professional fees in defending you in the event of HMRC enquiries and investigation. It is a scheme set up by insurance underwriters to protect clients who suffer a tax enquiry or investigation. For a small annual fee, our costs incurred defending you in the event of a tax enquiry or dispute will be covered by our insurance.

Can anyone’s tax affairs be scrutinised by HM Revenue& Customs?

Anyone that pays tax can come under scrutiny. Every year, HMRC starts enquiries into many thousands of personal and business tax returns and accounts. VAT and PAYE payments are also thoroughly checked. The aim in every case is to collect more tax.

I’ve done nothing wrong; why should I worry about a tax enquiry

Most tax enquiries are generated by computer “risk profiling” and many are selected completely at random. As a result, HMRC sometimes picks the wrong targets. Even if you have done nothing wrong, the taxman will not give up and will still try hard to find errors.

How much could a tax enquiry cost me in professional fees?

The questions asked by HMRC are usually very detailed and time-consuming to answer. The costs of defending you can easily run into thousands of pounds, even if little or no extra tax is paid at the end of the enquiry. These costs are not covered by the normal annual accountancy fees.

Without fee protection, it could cost thousands of pounds to defend you, whatever the end result. With CNG Associates, you have peace of mind knowing that any such costs will be covered by our Taxwise Fee Protection Service.

Is there anything I can do for peace of mind?

You can subscribe to the Taxwise Fee Protection Service which will cover you for the work and costs of defending you in the event of a tax investigation by HMRC. Contact us for a quote for this service.