Specialisms
Specialisms
Estate Agents
Specialising in the independent sector of Estate Agents, we recognise that to succeed, independents focus on the quality of their sales advice.
Dealing with the day to day financial aspects of the business can sometimes take a back seat and so we have developed a specialist team which understands our client needs
Our team can provide a range of support services which include;
- Audit and assurance services to assist with the compliance requirements of the NAEA and ARLA,
- Assistance with development of strategic plans,
- Provision and interpretation of financial management information,
- Provision of VAT advice
- Personal tax planning,
- Advice and assistance with acquisitions
Restaurants and Takeaways
As an independent restaurant owner, you will be aware of the impact that competition from large chains, downturns in the economy and changes in legislation can have on your business. To assist you in successfully meeting these challenges, you require advisors who have a sound knowledge and experience of working with businesses in the restaurant sector
Whether you are looking to enter the sector for the first time, or expand your existing restaurant business, We can support you in the acquisition of your new investment by helping you to secure the most appropriate finance package and ensuring the deal is completed as tax efficiently as possible.
Our specialist knowledge ensures that we are able to advise on the best course of action to ensure that your restaurant business remains profitable. The team comprises of accounting, taxation and corporate finance professionals, who as well as preparing management accounts and detailed cash flows, can provide support and advice on relevant tax or property issues, or can formulate a tax efficient exit strategy, should you wish to sell your business.
Solicitors
Legal firms have seen many changes take place in the profession over the years; Clementi, 'Tesco Law', LSC and the SRA are just a few of the developments that have affected practices.
During that time we have developed a detailed understanding of the requirements of legal firms and have assisted many clients in developing and maintaining profitable practices
Business Development
- Assisting with forecasting and budgeting
- Development and preparation of internal management accounts
- Benchmarking
- Development of key performance indicators
- Partnership v Limited Liability Partnership v Limited company
- Strategy development
- Succession planning
- Acquisitions and mergers
Tax Advisory
- Business tax planning
- Personal tax planning
- Retirement/exit planning
- Inheritance tax planning
Compliance
- Reports to the on Solicitors Accounts Rules compliance
- Preparation of Financial Statements
- Assistance with Personal Self Assessment Tax Returns
- Assistance with Partnership and Corporate tax returns
Investment, protection and pensions planning
* These services are offered by our associated company
Construction Trade
MSCO have a long history of providing advice to general builders, civil engineering contracting and consulting engineers as well as estate agents and property developers. In fact, our clients span the whole range of activities within the construction and property sector.
We help our clients to maintain their profitability and competitiveness by helping them to create an effective relationship with bankers and other financiers so that they can obtain the most appropriate funding arrangements for construction work. We help firms minimise the impact of VAT and other taxes and also assist in the financial appraisal of projects, and the management of cash flow and budgeting.
The Construction Industry Tax Scheme has been dogged by many problems and many sub-contractors are unclear about their exact status. One controversial effect of the scheme has been to increase the tax and NI burden on construction businesses. We have been working with clients to minimise this burden and help them understand the true costs so that contract work can be priced accurately. Please contact one of our specialists to find out how we can benefit your business: