Hollingsworth & Co Ltd

VAT

Value Added Tax (VAT) is a tax that must be paid when selling services or goods.

At Hollingsworth & Co Ltd we can help you through the whole VAT process, including:

  • Preparation and submission of your VAT returns
  • VAT registration
  • Guidance and advice on VAT rates changes

All businesses that have a turnover of more than £90,000 must pay and add VAT to all the products and services that they sell. We can help ensure you pay this to the HMRC on-time with your return.

Talk to an expert
Self assessment

Our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax, whether you're considering investments, a second home, or another asset.

Corporation tax

Every year, corporation tax rates and reliefs vary, so we make sure we can offer all the necessary assistance and advice when examining potential exemptions, allowances, and deductions.  In order to make sure you are in compliance and avoid fines, we will carefully evaluate and produce corporate tax filings.  

Capital gains tax

Whether you're considering investments, a second home, or another item, our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax.

Personal tax planning

We can help walk you through the complicated subject of personal taxation, we are aware that it can be challenging to grasp, therefore we support you every step of the way. By developing a tax planning approach that works for your tax situation and helps ensure you pay the least amount of tax, we eliminate the time and worry involved. Our staff will provide guidance on when payments are due in addition to what paperwork must be submitted and returned in order to maintain compliance.

Hollingsworth & Co Ltd provide the following key services.

Tax

Tax advice made easy and relevant to businesses and individuals, not matter how complex.

VAT

VAT does not have to be complex, we make it simple and ensure you don't pay more than you need to.

Audits

Our team will keep you complaint and in-line by reviewing and assessing your accounts and records.

Payroll

We will ensure that your payroll service is efficient, accurate and timely - meaning you have one less thing to worry about.

Accounting

Whether it is bookkeeping, management accounts or any other aspect of accounting we can help.

Business Start-Up

Our team will work with you through every step of the way on starting up your new business.

Making Tax Digital

Making Tax Digital (MTD) will affect most businesses by changing how business records are kept and how tax information is sent to HMRC.

Bookkeeping

Our bookkeeping service encompasses a comprehensive range of tasks, tailored to suit your business needs.

Latest news from Hollingsworth & Co Ltd

May 28, 2024
Admitting a new partner into the partnership: What should you consider first?

For businesses that run as a partnership, there often comes a time where you need to consider admitting a new partner into the partnership.

Read article
May 23, 2024
Government promise to cut National Insurance confirmed

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to National Insurance.

Read article
May 22, 2024
Are you an early bird?

HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th.

Read article
May 21, 2024
Understanding economic changes: How recent events affect businesses

Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make recent news about the economy seem a bit confusing. Understanding how this news affects businesses is important so let’s break it down.

Read article
May 16, 2024
Shott Scale Up Accelerator: Leadership programme opportunities available

Making the leap from a technical expert to a business leader can be challenging. The Shott Scale Up Accelerator is a 12-month programme that aims to help senior decision-makers in high-growth engineering and tech SMEs develop the skills needed to scale their business to the next level.

Read article
May 14, 2024
Introducing WorkWell: A £64 million initiative to support workplace health and well-being

The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to work.

Read article
May 13, 2024
Official figures show that the UK no longer in recession

Figures published by the Office for National Statistics on 10 May 2024 show that the UK has officially exited recession.

Read article
May 9, 2024
How might the changes to company size thresholds affect your business?

From October 2024, company size thresholds are to increase by 50%. For each company, these new thresholds will begin to apply from the start of the next accounting period commencing on or after 1 October 2024. But what are the implications of these changes to your company?

Read article
May 28, 2024
Admitting a new partner into the partnership: What should you consider first?

For businesses that run as a partnership, there often comes a time where you need to consider admitting a new partner into the partnership.

Read article
May 23, 2024
Government promise to cut National Insurance confirmed

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to National Insurance.

Read article
May 22, 2024
Are you an early bird?

HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th.

Read article
May 21, 2024
Understanding economic changes: How recent events affect businesses

Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make recent news about the economy seem a bit confusing. Understanding how this news affects businesses is important so let’s break it down.

Read article
May 16, 2024
Shott Scale Up Accelerator: Leadership programme opportunities available

Making the leap from a technical expert to a business leader can be challenging. The Shott Scale Up Accelerator is a 12-month programme that aims to help senior decision-makers in high-growth engineering and tech SMEs develop the skills needed to scale their business to the next level.

Read article
May 14, 2024
Introducing WorkWell: A £64 million initiative to support workplace health and well-being

The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to work.

Read article
May 13, 2024
Official figures show that the UK no longer in recession

Figures published by the Office for National Statistics on 10 May 2024 show that the UK has officially exited recession.

Read article
May 9, 2024
How might the changes to company size thresholds affect your business?

From October 2024, company size thresholds are to increase by 50%. For each company, these new thresholds will begin to apply from the start of the next accounting period commencing on or after 1 October 2024. But what are the implications of these changes to your company?

Read article
March 21, 2024
Zero emission vehicle transition by 2035 now law

The government has set a pathway towards all new cars and vans being zero emission by 2035. This zero emission vehicle mandate became law on 3 January 2024.

Read article
March 21, 2024
Is it too cold to work?

This winter has been one of the mildest on record so far, but there is still time for a cold snap, and this often raises questions about whether it is too cold to work. In fact, this question is one of the most popular topics on the HSE website.

Read article
March 21, 2024
Government reforms on reuse and recycling of electrical goods

The government has announced new UK-wide plans designed to make it easier to recycle electrical goods.

Read article
March 21, 2024
Holiday pay and entitlement reforms

Coming into force from 1 January 2024, the Working Time Regulations, as amended by The Employment Rights (Amendment, Revocation and Transitional Provision) Regulations 2023, introduced reforms that simplify holiday pay and entitlements.

Read article
March 21, 2024
Pilot project to help directors deal with cyber security risk

Arculus Ltd, a cyber security consultancy, has been tasked by the UK government to lead a pilot project that is aimed at helping directors of UK organisations in managing their cyber security risks.

Read article
March 21, 2024
Discover Digital Transformation – A free online training programme

Innovate UK BridgeAI is funding an online training course to help businesses and organisations explore digital, data-driven and AI technologies.

Read article