Frame Kennedy

Business Start-Up

Starting a business is a really exciting time, but we know it is also a very busy time.

You will no doubt have your plans in place and the drive to succeed, but you may not be aware of all the financial aspects involved.

We can help you throughout your journey, looking at:

  • Forming your company – deciding your company type is important, our team will help decide whether a sole trader, partnership or limited company is best for you. We will consider and advise the taxes and liabilities you may owe before making this decision
  • Make sure you are set-up and registered with HMRC for all the right things, such as VAT and Payroll
  • Help set-up your business bank account
  • Company secretarial duties
Talk to an expert
Self assessment

Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.

Corporation tax

Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.

We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.

Capital gains tax

You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.

Personal tax planning

We can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax.

Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.

Latest news from Frame Kennedy

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 8, 2024
Is your use of AI compliant with health and safety?

The Health and Safety Executive (HSE) has published an article outlining its approach to regulating artificial intelligence (AI) in workplaces.

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
January 15, 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
January 17, 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
January 19, 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
January 22, 2024
UK businesses to save time and money on cross-border legal disputes

Lord Bellamy, representing the UK, has now signed the 2019 Hague Convention, which the UK originally committed to joining in November 2023. Once ratified there is a wait of 12 months for the Convention to come into force in the UK, but at that point, it will apply to any judgments commenced after that date.

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December 21, 2023
Consultation on new Climate Change Agreements scheme

The Department for Energy Security and Net Zero (DESNZ) has launched a consultation seeking views on proposals for a new six-year Climate Change Agreements scheme to begin in 2025.

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February 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.

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January 10, 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
January 12, 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
January 15, 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
January 17, 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