That’s why it makes so much sense to pass your payroll to the experts at Nextep Financial. Not only will you significantly cut the errors and improve the accuracy, you’ll also save so much time for your busy accounts team – time that they can spend growing your business and helping it to run more effectively and efficiently.

Nextep Financial accountants in Burnley provide payroll services for hundreds of North West businesses, processing over 10,000 pay slips every month, with an accuracy of over 98%. Our expert team has in depth knowledge and experience of all current tax legislation, including how to process new starters and people leaving your company. We’ll take care of all your tax and national insurance obligations, and we’ll even file your payroll accounts online with HMRC for you at the end of the tax year.

You might think of outsourcing payroll as an extra cost, but in fact it will save you from the very first day by freeing up your team to run your business better. The Nextep online payroll calculator will show you instantly what our payroll accounting services would cost you, so there’s no hidden costs, just straightforward savings.

Paying wages is enough of a financial burden on your company, without those payments costing you time and money to process. So trust your payroll to the experts at Nextep Financial and cut your costs today.

On the positive side, the Chancellor has changed the rules to allow small businesses earning up to £77,000 to work out their year-end accounts based on actual cash payments, rather than orders on their books. This means businesses will no longer have to pay tax on money they have yet to receive.

The budget also reduced the rate of corporation tax to 24%, although this is unlikely to help small businesses, as companies earning less than £300,000 already pay the lower rate of 20%, which did not change. Innovative businesses will, however, benefit from a new special rate of tax for income from patents and intellectual property, which will now only attract a tax rate of 10%.

On the downside, there was no relief from business rates, with the 5.6% rise still to go ahead. Nor was their any good news for drivers or haulage firms, with no reduction in fuel duty and the planned 3p rise still scheduled to go ahead in August.

With so little to stimulate your small business in the budget, the need for effective bookkeeping services and payroll accounting services is now greater than ever if your company is to stay afloat. Nextep Financial have the skills and experience to help you negotiate the ups and downs of the new rules and make the budget work best for your business, so talk to our team today.

A voluntary cash accounting basis for calculating tax for small unincorporated businesses (up to the VAT registration threshold) is to be consulted on with a view to introducing legislation in Finance Bill 2013. The aim is to assist the small business by making it easier to calculate their tax.

A further reduction in the main rate of corporation tax has been announced. The planned 1% decrease announced to take effect from April 1st 2012 is now to be a 2% decrease with the rate moving from 26% to 24%. Further 1% reductions to 23% and 22% are to take place from 1st April 2013 and 1st April 2014 respectively. The small company rate will remain at 20%.

For those aged under 65 the personal allowance will be increased by £630 to £8,105. This increase is greater than the minimum required and is part of the plan of the Coalition Government to ultimately raise the allowance to £10,000. The personal allowance is reduced by £1 for every £2 of adjusted net income over £100,000. So for 2012/2013, the allowance ceases at adjusted net income in excess of £116,210.

Now, finding a company you can put your trust in might seem like an impossible feat, but for those of you looking for accountants in Burnley the answer is quite simple. Here at Nextep we can provide you with a host of very impressive business book keeping services.

We might be a relatively new company in the world of accountants, but our successes over the past few years more than speak for themselves in terms of the service we bring to each of our clients. You see, unlike other accountancy firms, here at Nextep we want to provide a proactive service that helps businesses run their companies. After all, if your business is doing badly then so is ours! 

As we operate rather differently from our competition our new clients are often surprised at just how involved our communications with your company are – some accountants only bother to contact their clients once a year! We make sure we’re always available for a chat or some advice.

At Nextep we like to get to know our clients intimately, that way we can offer them the best individual service rather than a “same service for everyone” deal that will do nothing to improve your business.

To do this we meet with our clients regularly in the hope of providing them with an insight into their business with a new perspective – we establish trust and confidence from each of our clients. We even strive to ensure that your company is making significant cost savings. Every penny counts, after all.

Bookkeeping and accountancy services are among the most difficult factors for a small business owner, who may find he or she has so much to do, and this is an area they can easily let slip if they are not careful.

Here at Nextep, we take care of all your payroll services in order to give peace of mind about your financial situation. There is no need for entrepreneurs to be concerned about handling all of their bookkeeping, as we will take control of it and leave you with nothing to worry about in this area of the business.

Nextep accountants in Burnley can enable you to relax and take care of many of the other factors involved in the running of a business. With employment law as complex as ever, despite the promises of the coalition government, company bosses will need to have their fingers on the pulse in order to ensure they are meeting all of the necessary rules and regulations for their business, as well as keeping all of their members of staff happy.

Payroll services are among the tasks you can place in our hands and be assured we will ensure they are handled professionally, leaving you to look after the day-to-day running of the company without having to be concerned about bookkeeping and accountancy services, especially with the end of the tax year drawing ever closer.

For those in need of accountants in Burnley, Nextep are a great choice for firms looking to pass on some of their duties to a professional, reliable and friendly company.

Nextep like to work with our clients, not just once a year, but on a regular basis to review how the business is progressing and offering both financial advice and support along the way. This fast growing accountants in Burnley specialises in providing outsourced financial services and can work all over the North West. Outsourcing your accountancy needs in the current work place can save you both time and money – both of which are vital, leaving you free to concentrate on ensuring your business is running efficiently and profitably.

Nextep believe regular contact with each individual client allows them to build a great relationship that will last for many years. The provision of essential Management Information (MI), forms a crucial part of any forward thinking company, so Nextep will ensure these are delivered to you in a format and structure that is both relevant and easy for you to use.

The functionality of payroll within a company is a vital cog in the day to day mechanics of a business, the payroll accounting services at Nextep will save you both time and money. As experienced accountants in Burnley our payroll accounting services may be just the solution you are looking for. Having an independent company handle the changes and tasks effectively takes the headache out of your business. We have a great online tool which allows you to estimate quickly what this will cost.

So, if you need the assistance of a great accountants in Burnley who will work with you to develop your business ensuring everything is recorded correctly, contact Nextep today.

Most people who set up in business do so in their own area of expertise, or develop a skill or interest that they have previously had as just a hobby. And, not surprisingly, for the vast majority of them, these skills do not lie in accountancy, payroll or bookkeeping. Which is a real shame, because good accountancy practices and accurate bookkeeping can make all the difference between their new business venture thriving or failing.

So if you are considering using your redundancy to set up in business on your own, make sure you have all the professional support you need. Nextep Financial offers a complete range of accountancy services and support for small to medium sized businesses, including payroll services and bookkeeping.

With many years experience and expertise as a professional accounts and payroll services company, Nextep can help you to manage your business finances better, forecasting cash flows and advising on expenses, to ensure that your company doesn’t go the same way as the one you have just left.

Setting up your own business can be exciting and terrifying in equal measure, but it’s so much easier when you have the support of professionals on your team. So start your new entrepreneurial venture as you mean to go on, with expert financial and accounting support from the small business specialists at Nextep, and make sure your next step is in the right direction.