Keeping your accounts in order is key to any successful business, so when it comes to book-keeping you’re right to be searching for the most reliable yet affordable option. At Lishmans in Sheffield, we offer a vital service to our clients which includes producing accounts in a cost effective manner, whilst providing a level of accuracy crucial for performance and taxations needs.

We give you the tools to fully grasp what’s required of you and your business from Her Majesty’s Revenue & Customs. Plus, on top of all the regulations and accounting musts, knowledge is power – knowing everything you can do to make your business even more successful. We’re here to help make that happen.

Having an ear to bend and a place to turn when you need advice in business is a valuable tool, and one we at Lishmans happily provide our clients. Being fully up to speed when it comes to your business accounts allows you to make the right choices and changes when you need to.

Our business consultancy will, as required, produce monthly/bi-monthly quarterly or six monthly accounts, our approach is responsive to your needs as your business progresses.

At Lishmans we follow business performance closely and share our observations with clients, including on how to advance on profits. Keeping track of strong business performance and profits allows us to prepare profit distribution for you, the owners of the business, tax efficiently and ensure the cash flow of the business can meet drawings and tax liabilities whilst protecting the company’s working capital and future investment needs.

Taxation – a term that often causes concern and stress for business owners – often from lack of knowledge and continually changing legislation. At Lishmans we have strong taxation policies that can be individually tailored to each person’s or each company’s needs. Our aim is to ensure that each of our clients has the income to satisfy their lifestyle needs and makes comfortable tax payments. This all begins with accurate and detailed accountancy.

From our Sheffield office, whether it’s via email, phone or face to face, our team focus on teaching and equipping our clients with the tools they need to produce strong internal book-keeping. This enables the accounts to be prepared as efficiently and hassle free as possible. Having the right financial foundations allows us to follow the profitability and calculate the tax accordingly, using a strong and legal taxation strategy within the current taxation framework.

The team at Lishmans LLP have been undertaking these claims on a continuing basis on behalf of clients for many years and are vastly experienced in this area. We work closely with clients to gain the necessary information, whilst also ensuring that internal accounting systems identify each piece of research and development expenditure in an appropriate and justifiable manner.

At the outset of our use of this tax credit, we invited HMRC R&D division to help us structure and ensure that information could be presented to them appropriately, if and when required, for them to validate. This has proved to be extremely successful.

When used correctly, tax savings can be considerable and beneficial to forward thinking, scientific and manufacturing companies.

Dealing with on shore issues and trading positions for large global entities as well as smaller entities, we have satisfied the compliance required for UK presence successfully on behalf of our clients.

The geographical area includes clients based in US, South America and Europe including France, Switzerland, Denmark, Sweden, Italy, Spain, Germany and Holland. Advice is available to all clients based on their needs within their specific trade within the United Kingdom.

Through our detailed understanding of our clients’ needs, our team are able to support the transition to cloud accounting software, saving time and improving accuracy. These programs are designed with non-accountants in mind and the Lishmans team are experienced in helping clients to introduce them with great success.

Clients who have successfully made the switch benefit from increased convenience and reliability. Crucial information is always at your fingers tips and accessible from your preferred device at any time.

All of our Accounts team are trained in cloud-based software (Sage, Quickbooks and Xero) and can help clients to decide which software will meet their needs. Our experience tells us that the work involved in switching to a digital approach pays off, however, we know that confidence and enthusiasm for new technology varies, so we never take a one size fits all approach. If a switch to one of these products is recommended, the team will be with you every step of the way, from initial set up, organising information and coaching on the basic skills, to getting the most out of managing your financial information in this way.

At Lishmans we never take the trust placed in us by clients for granted, and it goes without saying that when it comes to payroll, excellence has to be standard.

Over the years our Payroll and Pensions service has developed organically, and recently, by design, to meet growing demand as more of our clients see the benefits of out sourcing this time consuming and sensitive area of work.

Our highly skilled Payroll and Pensions team combines decades of experience with ongoing professional development. The team maximise new technologies to ensure timeliness, accuracy and compliance, whilst maintaining the human touch, being at the end of the phone to answer your queries.