The Catering Accounting Company

Who do we work with?

We have a range of clients from different businesses up and down the country. We do our best to include everyone and help anyone who requires support when it comes to accounting and tax.

Our client list includes
• Personal financial support
• Self employed
• Start-up businesses
• Small businesses
• Family businesses
• Mid-sized businesses

If you require support with your corporate accounts and tax then please contact us today.

📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Are you self-employed and looking for an Accounting and Tax partner?

Look no further; at JS&Co, we work with self-employed individuals to help you thrive. We know what it takes to run a successful business. When you choose to work with JS&Co, we look after all areas of accounting and tax so you can focus on other aspects.

We can be on hand for advice and support whenever you need it.

So, give us a call today to start your journey.

☎️ 0121 706 8585

📧 [email protected]

Now is the best time to plan for the financial year ahead!

With the help of The Catering Accounting Company, we can make sure you’re prepared whatever this tax year throws at you!

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Are you feeling swamped with deadlines and paperwork while trying to balance both business and personal tax obligations?

Don’t worry! The Catering Accounting Company specialise in both company and individual tax, providing a wide range of services to keep you effortlessly on track with all your responsibilities!

Our team are here to help you, get in contact today! 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

3 Top Tips for Payroll 👏

👉 Always stay on top of the minimum wage requirements, this is often a common mistake we see!

👉Don’t forget pensions, as an employer often pension contribution payments can easily get overlooked

👉 Make sure you’re insured!! Liabilities can be a major source of lost income, and they could potentially put your business in a difficult financial situation.

If you’re struggling to keep on top of your payroll, our experts are here to help.

Get in touch to find out more about our payroll packages📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

You’re probably asking yourself “What am I allowed to claim for?”

We can help you take the guesswork out of your tax return 🙌

Our self-assessment packages can help you to:

👏 Pay the RIGHT Tax, and not too much!

⏰ Make sure your return is done and sent off with time to spare, meaning no more
late penalty submissions

We also can assist with regular reviews of your financial situation.

This is to ensure you maximise the tax relief available to you – this could potentially save you significant amounts of money 🥳

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Being a sole trader involves running your own business as an individual on a self-employed basis.

Not only do you manage your daily operations, but you are responsible for your bookkeeping and tax returns.

Whilst it is possible for a sole trader to take this all on themselves without any help… it’s time spent not growing your business.

Sole traders typically work more efficiently when they outsource their accounts.

Let’s break down the benefits of a sole trader taking on an accountant:

⏱️ Frees up more time for you to spend on other parts of your business

🚫 Minimises chances of mistakes in filing tax returns

🖊️ Expert advice on ensuring you are minimising your tax liability

😊 Peace of mind that you have everything in order

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Do you wear branded workwear?

Yes? Then we have great news for you!

Branded workwear is a fully tax deductible expense.

This also applies to PPE (Personal Protective Equipment).

If you are unsure on what expenses you can claim, our team of experts can advise you 🙌
📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Employee payroll can be a minefield for errors if you don’t have an expert on hand to advise you.

These mistakes can cost your employees and your company time and money.

We have put together the 5 most common payroll mistakes that can occur when you don’t have the necessary tools and resources.

1️⃣ Miscalculating pay

2️⃣ Incomplete or disorganised records

3️⃣⁠ Not reporting all forms of taxable employee compensation

4️⃣ Not tracking employee hours and overtime

5️⃣ Misclassifying employees

At TCAC we offer payroll management services that can help you avoid these mistakes.

Leave the finances to us, so that you can focus on growing your business 🙌

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

14 KPIs and Financial Metrics your small business should be tracking 👇

☑️Gross profit margin
☑️Net profit
☑️Net profit margin
☑️Accounts receivable turnover ratio
☑️Current ratio or working capital ratio
☑️Quick ratio or acid test
☑️Customer acquisition ratio
☑️Return on equity
☑️Cash conversion cycle
☑️Return on assets ratio
☑️Debt to equity ratio
☑️Selling, general, and administrative ratio
☑️Operating cash flow ratio
☑️Budget creation cycle

Now, we know what you’re thinking…

What do these all mean??

Arrange a chat with our friendly team, who can talk you through it 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Struggling with your personal tax return? 😫

It can be time-consuming and complex, but you can rely on us!

Whether you're a sole trader, director, or just need help navigating HMRC, our expert team is here for you. From maximising allowances to filing deadlines, we've got the expertise you need.

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Do you need help with a personal tax return? 😳

Tax returns can be time-consuming, stressful and challenging to get right. It can be tempting to leave it until the last minute. However, it’s best to get it done early and not have to worry about it. 🙌

When you work with The Catering Accounting Company, we have the experience to handle your personal tax return for you, leaving no stone unturned.

Contact us today for help with any personal finances.

📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Are you a start-up business looking for some support with your accounts? 🙌

At The Catering Accounting Company, we work with businesses of all sizes, including start-ups.

There is so much to get stuck into when you’re running a new business; sales 📊, marketing 📱, IT 🖨, production etc. We know how difficult it can be to navigate your books alongside everything else. We’re experienced accountants who can help you from the beginning to ensure everything is set up correctly. 👍

Contact us today to discuss your start-up and how we can help with your accounting.

📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Did you know we work with family businesses? 👥👥

Family businesses are great companies to work with. Whilst they are built on strong bonds and great relationships, there will always be stressful elements – one of which tends to be accounting. 📊

We’ve often found we can help with some of the more challenging dynamics of a family business by supporting them from an accounting point of view. 🧑‍💼

Let us handle the books whilst you focus on what you’re amazing at!

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Our Services: Management Accounts 📊

When you invest in our management accounts service, we take care of your day-to-day business and ensure the relevant statutory filing is always submitted correctly and on time. ✅

Alongside management accounts services, we also offer payroll, tax return services and tax planning. Many of these go hand in hand with management accounts, so it may make sense to outsource these services to us, too. We can talk you through the best way to handle all aspects of your accounts – contact us today!

☎️ 0121 706 8585

📧 [email protected]

Could You See a Change in Your Child Benefits?

High Income Child Benefit Charge (HICBC) is a tax charge that applies to higher earners who receive Child Benefit, or whose partner receives it.

As announced in the Spring Budget the government is increasing the threshold at which HICBC starts to be charged, going from £50,000 to £60,000 in April 2024. .

The government estimates 485,000 families will gain an average of £1,260 towards the cost of raising their children in 2024/25. 170,000 families will be taken out of paying the tax charge.

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Overdrawn Directors Loan Account

Do you know the tax implications? 🤯

Head over to our website (link in bio) to read our latest blog on how it works and what you need to look out for! 👀

If you have an overdrawn director’s loan account and would like advice on how to correctly account for it or how to minimize your tax exposure then get in touch!

☎️ 0121 706 8585

📧 [email protected]

If you make a gift to a loved one , other than your spouse or civil partner, you could be hit for a capital gains tax (CGT) charge broadly based upon the difference between the market value of the asset at the time of the gift less what you acquired it for!

This is effectively a dry tax charge, where you have a tax bill to pay with no disposal proceeds to meet said liability.

However, if the right conditions apply, you could avoid this by making a gift holdover relief (GHR) claim.

By doing so, the potential tax charge is usually held over until the donee subsequently disposes of the asset further on down the line. The liability then rests with the donee, not the donor.

The type of situations where GHR claims could be made are :

► The asset has been used in the donor’s trade, profession or vocation or within their personal company.

► The gift is of shares/securities in an unlisted company or a company which is the donor’s personal company (i.e. they can exercise at least 5% of the voting rights).

►Any asset which could potentially trigger an immediate inheritance tax (IHT) charge as a result of the gift. An example of this is settling assets into a trust. An IHT charge might not arise, for example, because the value of the asset is no more than £325,000 but that does not prevent a GHR claim being made.

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Va**ng Just Got More Expensive: Here's Why! 💨

In the Spring Budget, Chancellor Jeremy Hunt announced a new tax on va**ng products that will be introduced from 1st October 2026, along with this the government also announced an increase in one-off to***co duty coming into effect on the same date.

If you would like to read the other changes made in the Spring Budget, head over to our blog to read our summary.

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]

Are you self-employed and looking for an Accounting and Tax partner?🤝

Look no further; at The Catering Accounting Company, we work with self-employed individuals to help you thrive. We know what it takes to run a successful business. When you choose to work with us, we look after all areas of accounting and tax so you can focus on other aspects.🙌

We can be on hand for advice and support whenever you need it. So, give us a call today to start your journey.

☎️ 0121 706 8585

📧 [email protected]

More Money in Your Pocket? National Insurance Cuts Explained! 💷

Following on from the Autumn Statement, National Insurance contributions (NIC) has once again been cut for 29 million people with the average worker on £35,400 receiving a cut in 2024/25 of over £900!

📅 Mark your calendars as this change will come into force in April 2024.

If you would like to read more about this change and how it affects you, head over to our blog which has a clear breakdown and summary of the Spring Budget.

Get in touch if you'd like more info 📲 📧 💬☎️

☎️ 0121 706 8585

📧 [email protected]