Our Services

A short introduction to the type of services Shenks provides.

Accounts Preparation

We provide a full company and personal accounts preparation service. Whether you are a sole trader, partnership or Limited Company we understand the importance of preparing financial statements for your business. Elements of financial statements can include a Profit and Loss and a Statement of Financial Position (Balance Sheet) which can provide a valuable insight into the health of your business.

Whether it is for cashflow purposes or for finalising your year end accounts, at Shenkman Accountancy Services we can manage the entire accounts preparation process for you and ensure that you meet all compliance deadlines set by HMRC or Companies House.

Whether you are too busy to work through all of your receipts and bank statements or simply want a trusted accountant to work through your accounting software, get in touch to see how we might be able to prepare your Accounts in a timely and efficient manner.

Taxation Services

At Shenkman Accountancy Services we can provide a range of taxation services to sole traders, partnerships, Limited Companies and Trusts.

For Personal Tax services we can:

  • Claim CIS tax refunds
  • Ensure that you file your personal tax return within the deadlines set by HMRC
  • Preparation of self assessment tax returns for sole traders
  • Preparation of rental income and expenditure accounts for landlords
  • Preparation of Capital Gains Tax returns
  • Advice for you as an individual or sole trader in the event of a HMRC compliance check

For Corporation tax services we can:

  • Keep you abreast of any changes in HMRC regulations regarding tax reliefs and allowances available
  • Ensure that you are compliant with HMRC deadlines for corporation tax returns and payments
  • Examine the best way to extract money from a Limited Company to intertwine with your personal tax return
  • Our extensive experience in a wide range of industries such as Construction, the Media and the Motor Industry amongst others ensures that we can easily determine whether your business is operating in the most effective way.

Bookkeeping

  • Have you lost control of your finances?
  • Is the business expanding too rapidly and you don’t have the time to reconcile your expenses and invoices?
  • Do you want a better understanding of your financial health?

Bookkeeping is an essential part of any business and within our experienced team we can ease this burden and can provide bespoke services to meet your unique requirements. At Shenkman Accountancy Services we provide a full bookkeeping service and are proficient in using accountancy packages such as Xero and VT Transaction so can provide bookkeeping and management accounts on a monthly or quarterly basis. 

Get in touch to see how we might be able to help you get back to doing what you do best!

Payroll

Paying employees and complying with HMRC deadlines for PAYE schemes can be a stressful process. Here at Shenkman Accountancy Services, our experienced in house Payroll Filing team can help to streamline this process. Whether you are a Limited Company or sole trader with multiple employees or whether you are a business owner looking to maximise what they can pay themselves – we are well equipped to meet your needs. 

We can assist you in meeting all formalities and keep you informed of any chances to get the best tax result. We prepare monthly filings for both contractors and sub-contractors in the submission of CIS returns. We also take care of auto-enrolment pensions, ensuring that your business is compliant with its pension responsibilities.

Get in touch to see how Payroll outsourcing might ease your administrative burden!

VAT

VAT is a crucial part of any business in the UK and at Shenkman Accountancy Services we are here to guide you through every step of the process, whether its registering for VAT for the first time or filing quarterly or annual returns to HMRC. VAT can be complex with various responsibilities to consider and with HMRCs Making Tax Digital rules coming into effect in April 2019, submitting your VAT return now requires HMRC compatible software. We are ready in house to ensure that you can comply with the new HMRC rules.

Engaging us to assist with the preparation of your VAT returns can ensure accuracy and efficiency and makes sure that you can meet all of your VAT obligations. We are also on hand to provide strategic advice when it comes to

Get in touch if you require any guidance on any aspect of VAT.

Financial Planning and Tax Consultancy

When it comes to financial planning, we take into account the varied requirements of our clients. Whether you are planning to get a Mortgage for your first home or you want to build your wealth using pensions, we can tailor your strategy to best meet your needs.

Some of the financial planning services that we can provide:

  • Inheritance tax advice and estate planning
  • Pensions and retirement planning
  • Equipped to register any trusts and administer any trust tax returns
  • Financial planning for your business and for you

We are always here for an informal chat about your financial circumstances so feel free to drop by to our Stockport office or give us a call!

What our clients say

"I would instantly recommend Shenkman Accountancy Services to any business looking for an accountancy firm. They are a small family run business and I have found them to be reliable and unlike some of the larger firms I have used in the past, able to quickly respond to any questions I have asked. "

"When starting my business, I knew there was an enormous amount to do as a business owner ... Shenkman Accountancy have been absolutely fantastic in supporting me with this, meaning it was one less thing to worry about and helping ensure the business reached its maximum potential. "

"I work in the television industry as a freelancer. I am not office based and can be working overseas for periods and the last thing on my mind is accounting. Since Shenkman Accountancy have been looking after my books I have been able to get on with the job and leave the accounts to them. "

"I have been using Shenkman Accountancy for about 3/4 years. They are always contactable and always respond immediately. They have also given me good advice as to move forward. Highly recommended."

"I have been using Shenkman Accountancy for the best part of 10 years and they have always been on hand to help me grow my business ... I always feel at ease that my tax affairs will be taken care of smoothly and with a minimum of fuss!"