Our Services
Company Incorporation
What Sets Us Apart
Company Incorporation is the process of legally forming a new corporation, separate from its owners, providing it with its own legal identity. This involves registering the business with Companies House, establishing articles of incorporation, and adhering to regulatory requirements.
FTI helps businesses navigate the complexities of company incorporation by offering expert guidance and support throughout the process. They ensure compliance with all legal formalities, assist in preparing and filing necessary documents, and provide strategic advice tailored to the specific needs of the business. By leveraging FTI's expertise, businesses can streamline their incorporation process, mitigate risks, and lay a solid foundation for future growth and success.
Financial Statements
Financial statements are vital records that provide an overview of a business's financial health, including its income, expenses, assets, liabilities, and equity. They are crucial for informed decision-making by stakeholders, investors, and regulatory authorities. Limited companies are required to file statutory accounts with Companies House every year.
FTI helps businesses by preparing accurate and comprehensive financial statements, ensuring compliance with relevant accounting standards and regulations. These services include the creation of balance sheets, income statements, cash flow statements, and statements of shareholders' equity. By leveraging FTI's expertise, businesses can gain a clear and precise picture of their financial status, which aids in strategic planning, performance assessment, and securing financing.
Companies House Filing
Companies House Filing is a mandatory requirement for businesses in the UK, ensuring that companies submit their financial statements, annual returns, and other significant documents to the government body known as Companies House. This process guarantees transparency, compliance with legal obligations, and the availability of accurate information for stakeholders.
FTI assists businesses by streamlining this filing process, offering expert guidance on regulatory requirements, and ensuring that all necessary documents are accurately prepared and submitted on time. By leveraging FTI's expertise, companies can avoid penalties, maintain good standing, and focus on their core operations with the assurance that their compliance needs are meticulously managed.
Corporation Tax
Corporation Tax is a levy placed on the profits of companies and certain other entities, which is critical for business compliance and financial planning. FTI Consulting assists businesses in navigating the complexities of Corporation Tax by offering expert guidance on tax strategies, compliance, and planning. For more information on corporation tax click here
They help businesses maximize tax efficiency, ensure adherence to legal requirements, and optimize their overall tax position. By leveraging FTI’s expertise, companies can better manage their tax liabilities, reduce risks of penalties, and enhance their financial performance. FTI's services encompass everything from tax return preparation to strategic advice on mergers, acquisitions, and international tax issues, making them a valuable partner in managing corporate taxes effectively.
Bookkeeping and Accounts
Bookkeeping and accounts are critical services that ensure the financial health and stability of a business. Bookkeeping involves the meticulous recording of all financial transactions, including sales, purchases, receipts, and payments, which form the foundation for VAT preparation and accurate financial reporting. Accounts extend beyond bookkeeping, encompassing the analysis, interpretation, and reporting of these financial records to provide insights into the business's performance and guide strategic decisions.
FTI provides comprehensive bookkeeping and accounting services that help businesses maintain precise financial records, comply with regulatory requirements, and make informed financial decisions. By leveraging FTI's expertise, businesses can streamline their financial processes, enhance transparency, and focus on their core operations, secure in the knowledge that their financial affairs are in expert hands.
VAT
Value Added Tax (VAT) is a consumption tax levied on the value added to goods and services at each stage of production or distribution. Registered businesses are required to collect VAT on behalf of the government and remit it, while also reclaiming any VAT paid on business-related purchases. VAT is one of the most difficult and complex area of taxation in the UK. For more information on VAT click here
FTI provides comprehensive VAT services to help businesses navigate the complexities of VAT compliance, planning, and dispute resolution. FTI assists in ensuring accurate VAT reporting, optimizing VAT recovery, and minimizing liabilities through strategic planning. Their expertise supports businesses in managing cross-border VAT issues, staying compliant with changing regulations, and effectively handling audits and investigations, ultimately enhancing financial efficiency and reducing risks associated with VAT obligations.
Construction Industry Scheme
The Construction Industry Scheme (CIS) is a set of regulations established by the UK government to manage and collect tax from contractors and subcontractors in the construction sector. Under the CIS, contractors must register with HMRC and deduct money from a subcontractor’s payments to cover their tax and National Insurance contributions.
FTI assists businesses in navigating the complexities of the CIS by offering expert advice and compliance support. They help ensure that companies adhere to CIS requirements, avoid penalties, and optimize their tax positions. By leveraging FTI's expertise, businesses can streamline their operations, maintain accurate records, and focus on their core activities while remaining compliant with regulatory obligations.
Research & Development
Research and Development (R&D) tax relief supports companies that work on innovative projects in science and technology.
You may be able to claim Corporation Tax relief if your project meets the definition of R&D for tax purposes. The work that qualifies for R&D tax relief must be part of a specific project to make an advance in science or technology. For more information on R&D click here
HMRC has recently changed the rules for claiming R&D relief and business should ensure that comply with the new requirements.
At FTI, we have the expertise to guide you through the complexities of R&D claims, ensuring you maximise your entitlements while adhering to HMRC’s latest regulations.
ATED Registration and Filing
ATED (Annual Tax on Enveloped Dwellings) Registration and Filing is a mandatory tax process in the UK for companies, partnerships, and collective investment schemes that own residential property valued over £500,000. This tax aims to discourage the use of corporate structures for owning high-value homes.
FTI assists businesses with ATED Registration and Filing by providing expert guidance on the compliance requirements, ensuring accurate valuation of properties, and handling all aspects of the registration and filing process. Their services help businesses avoid penalties and optimize their tax positions, ensuring that all relevant deadlines and obligations are met efficiently.
Statutory services and Company Secretarial support
Ensuring your business complies with statutory obligations is crucial to avoiding legal issues and maintaining good standing with regulatory authorities. At FTI, we provide comprehensive support to help you navigate these requirements seamlessly.
Our Statutory Services cover a broad range of legally mandated obligations, including compliance with Companies House filings, financial reporting, tax filings, and other regulatory requirements. We offer expert guidance and support in preparing and submitting necessary documentation, helping you adhere to best practices and meet all relevant regulatory standards.
In addition to our statutory services, our Company Secretarial Services ensure your business remains fully compliant with all legal and administrative requirements. We manage essential corporate duties such as maintaining statutory registers, filing confirmation statements, preparing board resolutions, and ensuring compliance with corporate governance standards.
By leveraging FTI's expertise, you can focus on growing your business, knowing that your statutory obligations are being managed by professionals. Our goal is to help you avoid penalties, mitigate risks, and operate confidently with the assurance of full compliance with all relevant laws and regulations.
Partner with FTI for all your statutory and company secretarial needs, and ensure your business stays on track for success.
Closing Down
"Closing Down" refers to the process where a business ceases its operations permanently. This can involve selling off assets, paying off debts, and legally dissolving the company.
FTI assists businesses in navigating this challenging phase by offering expert advice and practical solutions to ensure a smooth and compliant closure. Their services include liaising with HMRC and Companies House and file accounts and other documents to close down the company properly.
By leveraging FTI's expertise, businesses can effectively minimise liabilities, fulfil all regulatory requirements, and safeguard their reputation during the closure process.
Business Start up
Business start-up services encompass a range of professional assistance aimed at helping new businesses get off the ground successfully. These services include guidance on business planning, market research, legal structuring, funding strategies, and initial operations management.
FTI supports businesses during this crucial phase by offering expert advice and resources tailored to each entrepreneur's unique needs. They help in crafting robust business plans, navigating regulatory requirements, and developing strategic growth plans to ensure long-term success.
FTI’s comprehensive approach ensures that new ventures are well-prepared to tackle the challenges of the competitive business landscape, fostering sustainable growth from inception
Property Rental Businesses
Property Rental Businesses specialise in leasing residential, commercial, and industrial properties to tenants, providing them with necessary spaces for living, working, or conducting business operations. These businesses manage various aspects of property rentals, including marketing vacancies, screening potential tenants, negotiating lease terms, maintaining properties, and handling tenant relationships and issues.
FTI assists Property Rental Businesses by offering comprehensive advisory services that enhance operational efficiency, financial performance, and strategic planning. They provide expert guidance on regulatory compliance, risk management, and technology integration, ensuring that rental businesses can optimise their property portfolios, streamline their management processes, and increase profitability while maintaining high standards of tenant satisfaction and property upkeep
HMRC Registration
HMRC Registration is a critical process for businesses operating in the UK, involving the formal registration with Her Majesty's Revenue and Customs (HMRC). This registration is essential for compliance with tax obligations, including VAT, corporation tax, and PAYE (Pay As You Earn) for employees.
FTI assists businesses by simplifying this often complex and time-consuming procedure. They offer expert guidance to ensure accurate and timely submissions, minimising the risk of penalties and ensuring all regulatory requirements are met. FTI's services cover the initial registration process, ongoing compliance, and any necessary updates or changes to business information, allowing companies to focus on their core operations while maintaining full regulatory compliance.
Payroll
Payroll services are essential for businesses to manage employee compensation, including the calculation and distribution of wages, salaries, bonuses, and deductions such as taxes and benefits. For more information on Payroll click here
FTI helps businesses streamline their payroll processes by offering expert guidance and advanced solutions to ensure employees taxes are correctly calculated and paid to HMRC. Their services also include compliance with HMRC rules, mitigating the risk of costly penalties and investigations.
By leveraging FTI's payroll services, businesses can enhance efficiency, reduce administrative burdens, and focus on strategic growth initiatives, while ensuring their workforce is paid correctly and on time.
Self Assessment
A Self-Assessment tax return is the process HM Revenue and Customs (HMRC) uses to collect income tax in the UK. If your tax isn’t automatically deducted from your wages, pensions, or savings, you’re required to report your income and expenses directly to HMRC through a Self-Assessment tax return.
Filing a Self-Assessment tax return can be a daunting task, but with our expertise, you can ensure accuracy and compliance. For more information click here
At FTI, we simplify the Self Assessment process for our clients. Our expert team provides comprehensive support, from accurate preparation and filing of tax returns to identifying eligible deductions, ensuring compliance with tax regulations. We help you avoid penalties by managing deadlines and submitting all documentation promptly. With our professional guidance, you can have peace of mind knowing your Self Assessment is handled efficiently, giving you more time to focus on what matters most.
Residence and Domicile
Residence and domicile are critical concepts in international tax planning, affecting where an individual or business is taxed. Residence typically refers to the place where a person lives most of the time, while domicile is a more permanent connection to a place, often determined by the intention to reside there indefinitely.
FTI provides expert guidance on these matters, helping businesses and individuals navigate complex tax regulations and optimise their tax positions. By advising on the implications of changing residence or domicile, FTI ensures that clients can make informed decisions to minimise tax liabilities and comply with international tax laws, ultimately supporting their global financial strategy.
ATED for Non Resident
The Annual Tax on Enveloped Dwellings (ATED) applies similarly to both UK-resident and non-resident entities, with the primary distinction being the location of the owning entity. Whether a company, partnership, or collective investment scheme is UK-based or non-resident, ATED is levied on residential properties valued over £500,000 that are held within a corporate structure. The purpose of ATED is to discourage the use of such structures for holding high-value residential properties.
FTI offers expert assistance to non-resident clients with the Annual Tax on Enveloped Dwellings (ATED) in the UK. We provide comprehensive guidance on determining if your property qualifies for ATED, calculating the tax liability, and ensuring timely submission of returns to HMRC. Our team manages the complexities of compliance, filing exemptions where applicable, and advising on tax planning strategies to minimise liabilities, allowing non-resident property owners to navigate ATED regulations smoothly and efficiently.
Non Resident Landlords
Non-Resident Landlords (NRLs) are property owners who live outside the country where their rental properties are located. Managing rental income and complying with local tax regulations can be particularly challenging for these landlords.
FTI provides specialised services to help Non-Resident Landlords navigate these complexities with ease. Our team offers comprehensive support, including tax compliance, financial reporting, and regulatory guidance tailored to the unique needs of NRLs. By partnering with FTI, Non-Resident Landlords can ensure their investments are managed efficiently and in full compliance with local laws, allowing them to focus on maximising their returns while minimising administrative burdens.
Registered Office
FTI's Registered Office service provides businesses with a prestigious and legally compliant address for their official correspondence and statutory mail, ensuring a professional image and secure handling of critical documents. A Registered Office is the official address of a company, where government bodies, such as Companies House and HMRC, send all legal documents and notifications.
FTI assists businesses by offering prime office locations, reliable mail forwarding, and efficient administrative support, allowing companies to maintain compliance with regulatory requirements and focus on their core operations without the burden of managing day-to-day correspondence logistics. This service is particularly beneficial for startups, small businesses, and international companies looking to establish a credible presence in new markets.