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Watts Accountancy |

Our Core Services

Throughout the United Kingdom mainland, from Accrington to West Bromwich , we cater for all types of businesses:

  • Subcontractors
  • Sole traders
  • Partnerships
  • Limited Companies
  • Charitable and Non Profit making Organisations

We offer a very wide range of services starting from the planning stages of opening a business:

  • Business Plans
  • Cash flow forecasts
  • Funding advice
  • H M Revenue and Customs registration and advice

Once the business is up and running we offer full support and advice on:

  • Continued Development
  • Fulfilling H M Revenue and Customs requirements
  • Payroll Services
  • Value Added Taxation Services
  • Book Keeping
  • Preparation of Business Accounts

For the individuals we specialise in Tax and VAT Investigations and offer help and advice on:

  • Income Tax Capital
  • Gains Tax
  • Tax Credits
  • Immigration
  • Financial Planning
  • Record Keeping
  • Self Assessment


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Accurate and timely information is critical in operating a successful business. Poor accountancy information may result in one or more of the following:

  • Regulatory penalties
  • Missed tax saving opportunities
  • Poor business performance

We offer first-hand advice and assistance on how to maintain a good-quality information system which will suit your business by:

  • Advising on the design, organisation and control of all necessary documents such as sales orders, invoices and statements
  • Advising on which type of accountancy system will suit your requirements and produce the reports and information that you require
  • Preparing regular VAT Returns and management accounts
  • Providing a complete external accountancy service if required, using either our own staff or one of the reliable and experienced bookkeepers who we can confidently recommend to you from our extensive database

We work along side you and ensure that your accountancy information is complete, accurate and prepared on a timely basis; all this at a reasonable cost.

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Would you rather spend your time creating income for your business, instead of keeping up to date with the ever-changing payroll regulations and tax rates?  If the answer to this question is “yes” then for less than the annual cost of keeping a Sage Payroll program up-to-date a small business can outsource it’s entire payroll function to our payroll bureau.

Our payroll bureau department utilises the latest technology to provide a cost-effective payroll service to nearly 100 businesses like yours throughout West Midlands. This service is, of course, available as part of a complete professional package to our accountancy and financial clients.  However, it is also available as a stand-alone service to clients who choose not to use our other services, and in this case our payroll bureau department will liase with your other advisers to ensure that they are provided with accurate payroll information.

The advantages of using our payroll bureau service are:

  • knowledge that year-end returns are accurate and submitted on a timely basis, avoiding costly penalties
  • knowledge that deductions and net-pay are correctly calculated, and that the correct payments are made to employees and the authorities
  • starters and leavers are processed accurately and in a timely manner
  • you can concentrate on those areas of your business where you can make the greatest revenue impact
  • you can avoid those expensive software maintenance costs necessary to keep your payroll program up to date

As part of our Business Support Services we also provide a free telephone helpline to most clients covering employment law, and further details of this service will be provided as appropriate.

In summary, our Payroll Bureau takes the headache out of employing someone.

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