PJW Accounting – Specialist Business Accountants in Rugeley

Don’t leave a tip for the taxman. Get tip-top accounting and tax advice from PJW.

At PJW Accounting in Rugeley we work with only one thing in mind: the success of your business.

Our specialist chartered accountancy services are tailored to boost your business – without costing you the earth.

Save money. Avoid unnecessary tax. Grow your business with us.

For the best accountants in Rugeley, speak to PJW Accounting now on 01889 586431

Our Services

Accountancy

Xero - Beautiful Accounting SoftwareIf you need help with compliance services including accounts preparation, self-assessment tax returns, statutory audit, company tax returns, payroll, partnership tax returns and more, then we can help you.

We know that many of our clients and businesses we meet have a very simple approach to managing their accounting needs.  It normally consists of bags of receipts, a host of spreadsheets, and maybe some antiquated piece of accounting software.

In today’s modern accounting world this both time consuming, costly for both the client and us, and prone to errors.  Plus it makes all parties look unprofessional and unable to do business correctly.

In the last year, our accounting service has focused on a fantastic piece of cloud computing – XERO.

Xero is an internationally successful organisation dedicated to bringing small businesses which are the core of our client base, a modern accounting package that covers all foreseeable needs and is constantly being updated.  With the rise of online electronic banking in the UK, all bank feeds can be linked automatically into Xero providing a constantly refreshed stream of transactions which are a snap to reconcile.

Once set-up the time taken to keep your Xero set of accounts up to date is minimal, and realtime accounting information on how your business is doing.  The best news is that your accountant has online access to your accounts, and can do his work in a moment, leaving focused on giving you the best business and tax advise you need to make your business successful.

Add in the use of mobile applications that allows you to reconcile on the go, issue invoices, and photograph and upload receipts no business large or small is not able to benefit at very low monthly price functionality that a few years ago they would have had to pay £000s a year to access.

A whole host of third party add-ons have sprung up to use the open APIs that modern cloud computing systems employ, so from your favourite CRM to great time saves like TripCatcher for mileage claims, Receipt Bank for processing purchase invoices and Chaser to chase those delinquent late payers!

So Xero for us allows you:

  • Xero allows a closer relationship between you and your accountant.​
  • The add-ons give you more time to concentrate on what you’re good at.​
  • The whole package gives me more time to concentrate on what’s important to you – saving tax & giving business advice.

If you want to know more about our accounting services using Xero then contact us today.

Tax Advice
Tax AdviceDon’t Leave the Taxman a Tip!
Looking for advice on income tax, National Insurance, VAT, capital gains tax (CGT) and inheritance tax? You’ve come to the right place. We offer a free consultation service to help you resolve your tax and accounting queries.

We specialise in ensuring that your Owner Managed Business is paying the correct (i.e. the least) amount of tax each year. The following common areas of tax advice are covered and many more:

Corporation tax: Should I incorporate; Salary vs dividends; Company car vs mileage allowance; What expenses can I legitimately deduct from profits; How to efficiently extract profits from the Company; Property – in or out of the Company, and Use of flexible dividends

Income tax: Should I incorporate; What year end date should you use; What are the tax advantages of paying into a pension, SIPP, EIS or VCT; How to utilise tax losses; How to use your other family members tax efficiently, and How to use flexible dividends.

National insurance (NI): Making full use of the government’s Employment Allowance; What is the most tax efficient level of salary for NI purposes, and How can benefits in kind be used to reduce the amount you pay.

VAT: Should you registering for VAT even when you’re below the threshold; Should you be using the Flat Rate Scheme to save tax, and How to maximise your input VAT, particularly with respect to motor expenses

Capital gains tax (CGT): How to make full use of your tax-free band for CGT; Planning to maximise your Principal Private Residence Relief & Letting Relief on property; Using holdover relief, and Maximising Entrepreneurs Relief on the sale of your business

Inheritance tax: Using a will to maximise your nil rate band; Ensuring you utilise your business property relief; How to make the best use of your Annual Reliefs; How to invest your capital to reduce taper relief period from 7 years to 2 years; Making full use of your payments out of income, and Using trusts to avoid the cost of care home fees

Business Start Ups

Start UpsOUR FOCUS

You create a business start-up because you have a great idea to make money. However, the financial aspects of running your business can soon get in the way. Don’t worry. At PJW Accounting we have the knowledge to help you out.

Many of those who start up in business do so because they have a great idea to make money. However, they are infrequently expert in the financial aspects of running their business. This is either because they are not trained in it or this aspect of the business does not interest them. Also, the financial aspects can often appear daunting to the new entrepreneur. This is where we can help.

Our team are only too aware of the difficulties that business start-ups face because they were once in exactly the same position. So, we have the ability to evaluating your ideas and help you develop them into a feasible business.

WE CAN ALSO HELP YOU:

• decide on the most suitable structure for your business (i.e. sole trader, partnership or limited company);

• prepare a business plan, cash flow projections, budgets and trading forecasts to prove the financial; viability of your ideas and demonstrate this to the bank / potential investors;

• assess your finance requirements and access the most appropriate source of finance;

• help you establish relationships with banks, solicitors, etc via our well established network of contacts;

• devise a cost-effective social media marketing campaign and assist you with its implementation;

• carry out registration procedures with Companies House, Inland Revenue or Customs and Excise, and

• set up an accounting system which complies with statutory requirements

Call us for a free initial consultation to find out how we can help your ideas become reality.

Business Planning

BudgetWHAT ARE OUR BUSINESS PLANNING SERVICES?

Good planning of your business affairs gives you a better chance of achieving your goals and aspirations. But with PJW Accounting advising you on your affairs and how to increase your turnover and profits, your chances get better still.

At PJW Accounting Services we are proud to be a Xero Certified Partner and Staffordshire’s leading tax advisor for small companies across the region.

Our ability to save you both time on your accounting activities and ensuring you never “leave a tip with the taxman” is something that we people know us for and rightly so.

Now that we have save you time and money, how can help you do even better in the future.  This is where our business planning services come into action.

So what do we do:

  • Provide advice on networking and social media to help their marketing so that our clients get even more leads, opportunities and sales based on our phenomenal success using these techniques (based on our own mentoring from Conspicuous-CBM).
  • Helping you use Xero to get timely financial and management accounting information using the vast range of built-in reports.
  • Keeping you legal with all those pesky deadlines imposed on you by the taxman and the registrar of companies.
  • Help you plan your growth and ensuring your capital requirements are fully met with the vast range of providers out there in the market including the banks via cash-flow projections etc.
  • Provide feedback on your business performance with proper actions helping you be leaner, grow faster and be more successful.

Our Services

Accountancy

If you need help with compliance services including accounts preparation, self-assessment tax returns, statutory audit, company tax returns, payroll, partnership tax returns and more, then we can help you.

Business Start Ups

You create a business start-up because you have a great idea to make money. However, the financial aspects of running your business can soon get in the way. Don’t worry. At PJW Accounting we have the knowledge to help you out.

Tax Advice

Looking for advice on income tax, National Insurance, VAT, capital gains tax (CGT) and inheritance tax? You’ve come to the right place. We offer a free consultation service to help you resolve your tax and accounting queries.

Business Planning

Good planning of your business affairs gives you a better chance of achieving your goals and aspirations. But with PJW Accounting advising you on your affairs and how to increase your turnover and profits, your chances get better still.

About Us

PJW Accounting Limited was formed in 2002 and has a focus on tax and business planning ideas for small businesses. The business is based in Rugeley, Staffordshire.

The Company’s clients are drawn from all over the country, but with a focus on Staffordshire, West Midlands and Warwickshire. We specialise in ensuring that your Owner Managed Business is paying the correct (i.e. the least) amount of tax each year.

Paul is a qualified Chartered Accountant. He passed his professional qualification in 1993 and has been in private practice ever since. Raised in Lichfield, Paul went on to study for and obtain a degree in Accountancy In Newcastle-upon Tyne.
Having gained his professional qualification, also in Newcastle-upon-Tyne, Paul moved back to the Midlands in 1997 to join Coopers & Lybrand, before finally setting up in business in 2003. His main focus is on ensuring clients plan their taxes to pay the least amount legally possible to the Taxman.

All areas of tax will be considered (VAT; Corporation Tax; Income Tax, Capital Gains Tax, Inheritance Tax and National Insurance) to make sure you don’t receive any unforeseen surprises.

Paul has a keen interest in photography and has been a finalist and shortlisted numerous times in the Landscape Photographer of Year competition. His images have also been displayed in the National Gallery, London, on book covers, music CDs and numerous photography magazines.

ICAEW Chartered Accountants

I was thoroughly impressed with Paul’s overall customer focussed approach and professional knowledge and capability. I would certainly recommend his services to any of my business contacts and friends. As a relative newcomer to self-employment and running a small consulting business, Paul gave a considerable amount of his time to understand my current and future needs and provide comprehensive explanations and advice covering a wide range of questions I had.

I can vouch that Paul is a very good listener, provides a personable and friendly yet professional business focussed service that exceeded my expectations. Glyn Stacey

Having spoken with Paul at length I am left in no doubt that he really is an expert in his field, perhaps the most important part of his work is his excellent knowledge in respect of tax tips and advice, he will make sure that your business is as tax efficient as it possible could be. Neil Holloway

Paul Woodcock is not only a superb accountant, he’s a chap with an excellent pair of ears too. Why is that important? Well – he takes the time to listen carefully to exactly what you need before thinking carefully about what the best options are for you and your business.

Paul has been incredibly helpful to me and helped to make managing my accounts much less of a chore! I certainly don’t fear them anymore and I couldn’t be in more capable hands. Thanks to Paul I’ve saved money and I know for a fact that my taxes are being handled as efficiently as possible.

Thank you Paul. Ross Lowe