How we can help

Auto enrolment and workplace pensions

If you are a start-up business, are you aware of the legal requirements for every UK employer to automatically enrol those who meet certain criteria into a workplace pension?

Companies who only have directors on the payroll are excluded from these duties. However, if you employ any members of staff you’ll need to know more.

A simple solution
We have invested in specialist payroll software to allow us to operate and perform all auto enrolment activities from set up stage through to day-to-day processing on behalf of our clients.

The software makes auto Enrolment automatic and therefore as simple as possible for your business. It will seamlessly integrate into your company and each member of your team will be given their own secure log in to a payroll portal. This also creates a demonstrable audit trail, which is necessary for The Pension Regulator.

Talk to us to find out more.

Business planning and development

At Barron & Co we work with you throughout the lifecycle of your business, from start-up to exit. We achieve this by working closely with you, developing a full understanding of how the business works, and appreciating the challenges you face. This enables us to anticipate your needs and requirements and provide you with the support services you need so that your business can grow and prosper.

Examples of the business support services we offer include:

  • Business start-up and planning advice
  • Raising business finance
  • Business acquisitions and disposals
  • Strategic and financial planning
  • Cash flow and profit forecasts
  • Financial systems
  • Credit control
  • Exit planning

We can support you face-to-face at our Birmingham office or virtually via Teams/Zoom if you prefer.

General accounting

Barron & Co provides you with up to date and relevant financial information, giving you the peace of mind that your accounts and tax returns are up to date, your payroll runs smoothly, and your finances are in order.

With our full range of accounting services, you will be able assess your financial performance, focus on the important factors that drive your business, and maximise profitability, growth and cashflow.

We have an online accounting system which allows you to have full, 24/7, secure access to a wealth of financial and management information relevant to your business.

Our general accounting services include:

  • Preparation of statutory company accounts
  • Sole trader and partnership accounts
  • VAT returns
  • Not for profit income and expenditure accounts
  • Service charge statements in accordance with Landlord & Tenant legislation
  • Preparation of periodic management accounts
  • Profit forecasts and business valuations
  • Business planning and marketing advice

We’re based in Birmingham and serve many local small businesses so do get in touch if you’d like to meet up and find out more.

Making Tax Digital

Making Tax Digital (MTD) marked the biggest change to the UK tax system in a generation and we believe that it enables businesses to be more efficient and effective longer-term. By managing accounts and finances on a digital basis it allows more time for us all to be able to consider the bigger picture.

We work with you to provide your statutory information in a timely and MTD compliant way. If you are new to digital accounting we can help you choose the right system for your business and ensure that you are up to speed with how it works. We can show you what we (and HMRC) need and also, most importantly, what information you can get from it to help manage your business effectively.

Payroll

Barron & Co provides a comprehensive payroll function, covering all aspects of payroll operations and year-end reporting procedures.

Getting paid on time is an important business marker so our experienced personnel take this incredibly seriously. We can relieve the pressure of having to meet payment deadlines, and our dedicated staff will process your staff payments and HMRC reporting returns on time, every time.

Our payroll service includes:

  • Payslips sent to you in time for each pay day
  • The filing of relevant RTI reports
  • Weekly, 2-weekly, 4-weekly or monthly reports and payslips for each employee which show all earnings and deductions
  • The calculation and completion of your monthly tax and NI deductions (P32) – sent to you with your payroll when payment is due
  • End of Year returns, completed and filed online for you
  • P60 certificates for each employee
  • Free payroll run for all new customers

If you are looking to outsource your payroll service to an accountant in the Birmingham area, contact us and we’ll be pleased to help.