We are a modern forward thinking accountancy practice

We adopt the latest technologies and business practices ensuring greater efficiency and effectiveness

We have been serving clients in the Minehead & West Somerset for over 85 years and service businesses, small and large, across many sectors including:

  • agriculture
  • the professions
  • the service sector
  • the construction industry
  • manufacturers and
  • retailers

We also have helped many individuals maximise the return they receive from the assets they own, reduce tax liabilities and evaluate future options.

Accountants in Minehead & West Somerset

Services Individuals & businesses

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We have a range of support and taxation services to suit both businesses and individuals.

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Resources Tools at your fingertips

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Access to really useful resources including: calculators, tax rates and allowances.

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Get in touch Our coffeee is awesome!

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We would welcome the opportunity to assist you.

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The current hot topic

People with Significant Control

From April 2016, rules are introduced which require companies to keep a register of People with Significant Control (PSC). In addition, the details of PSC will have to be filed with Companies House from 30 June 2016.

A PSC is defined as an individual that:

  • holds, directly or indirectly, more than 25% of the shares or voting rights in the company; or
  • holds the right, directly or indirectly, to appoint or remove a majority of the board of directors of the company; or
  • has the right to exercise, or actually exercises, significant influence or control over the company; or
  • where a trust or firm would satisfy any of the above conditions, any individual that has the right to exercise, or actually exercises, significant influence or control over the activities of that trust or firm.

The details of the individuals which need to be entered on the register include:

  • name and address
  • usual residential address, country of residence and nationality
  • date of birth
  • date when they became a PSC
  • the nature of their control over the company.

Failure to comply with the requirements of the PSC regime could lead to the company or directors, or identified PSCs committing a criminal offence. The company and its directors could face a fine or imprisonment or both.

Further guidance can be found on the Companies House website or please contact us for more guidance in this area.

Internet link: Companies House