Management Accounts

Strategic Insights

Boost your business with our Management Accounts service. We make understanding your finances easy, helping you make smarter decisions for your business. Trust our UK accounting firm to simplify your financial data and guide your business towards success.

We offer a straightforward Management Accounts service to help your business thrive. We believe in making financial data easy to understand, turning complex numbers into clear insights. Our service is designed to give you a detailed view of your business’s financial health, allowing you to make intelligent, informed decisions. From spotting trends to identifying areas for growth, our goal is to guide you through your finances so you can focus on what you do best: running your business.

Our team is here to support you every step of the way. We tailor our services to meet your needs, whether you’re looking to cut costs, increase efficiency, or explore new opportunities. We’re all about simplifying finance for our clients, providing them with the knowledge they need in a way that’s easy to grasp. With our help, managing your business’s finances won’t just be simple; it will empower you to lead your business to success.

Frequently Asked Question

What is payroll?
Payroll manages how much a company pays its employees. It involves calculating how much an employee should be paid, taking off any taxes or other deductions, and paying them their net salary. Payroll includes tracking how many hours employees work and benefits like health insurance and retirement plans. Payroll ensures that employees are paid on time and that the company follows tax and government rules.
Our team of experts can assist with creating legally compliant employee contracts tailored to meet the needs of businesses. We ensure all necessary details include job duties, compensation, benefits, and termination policies. We aim to provide a comprehensive and customised contract that protects our client's interests while fostering positive relationships with employees.

tax code is a series of letters and numbers used by HMRC to determine the amount of tax an individual should pay. The code is based on personal allowance and other factors that affect tax liability and is used to calculate tax deductions. It’s essential to regularly check the tax code for accuracy and report changes to HMRC.

Yes, we can prepare various employer letters, such as job confirmation letters, employment offer letters, and letters for visa applications. Our team of experts ensure that the letters are accurate and tailored to the specific needs of the employer and employee. In addition, we can assist our clients in creating letters that meet their business requirements and help them maintain positive relationships with their employees.

The Employment Allowance is a government scheme that helps UK employers reduce their National Insurance bill by up to £5,000 per year. At Peer Accountants, we can advise you on whether you are eligible for the allowance and help you claim it through your payroll software. This will help you save money and support your business’s cash flow.

Holiday pay in the UK is the amount paid to employees on vacation, calculated based on their normal pay rate and the number of holiday hours. Employers are legally required to provide a minimum paid holiday each year. Peer Accountants can help you understand the legal requirements and ensure you pay the correct amount to your employees, maintaining good relationships and compliance with the law.