At bennettbrooks, our team understands the challenges that estate and letting agents face. As accountants for estate agents, we have experience working with businesses in this sector based across the UK, providing specialist accounting and tax advice to support them in achieving their business goals.
Some of our services include,
Accounts Preparation:
Annual accounts and corporation tax returns are essential for compliance. We can prepare these for you to meet agreed deadlines, ensuring that all information is prepared in time for your internal meetings, we can also produce analysis and ratios if required.
Management Accounts:
Management accounts give you an insight into your business performance. We can prepare monthly or quarterly management accounts with key information that will allow efficient decision making when required.
Corporation Tax:
Navigating corporation tax can be challenging due to the incoming regulations and changes to legislation. We’ll help ensure your business remains compliant while optimising your tax position.
Tax Planning:
We can guide you through the process and maximise both your companies tax planning and personal tax positions to ensure you are accessing all the options.
Succession Planning:
Often an area that is overlooked, succession planning is something that should not be underestimated. We offer advice on exit strategies, company restructures, share valuations for retiring or new partners and directors. We are also able to offer advice on the set up and benefits of an Employee Ownership Trust (EOT). EOT’s are becoming more common place as they offer a very tax efficient way to exiting a business.
Audit:
While most Estate Agents don’t require statutory audits those who undertake lettings in the course of their business may be required to carry out ARLA or similar audits for holding client monies. We are able to undertake this work and provide robust audits tailored to your specific needs.
Other Services:
To enable you to focus on your business operations, we can undertake:
- Payroll
- Creation of draft budgets and forecasts
- Ongoing bookkeeping
Our flexible approach means we can offer a hybrid service, where your on-site team handles tasks like invoice posting, and we complete VAT returns and bank reconciliations.
As accountants for estate agents, we work with a wide range of accounting software and can assist with system transitions and updates alongside supporting your inhouse team as required either on site or remotely.
If you have any questions about how we can help support your estate or letting agency, please do get in touch.
