Fitzpatrick and Kearney offer a complete range of business services designed to meet all the requirements of the modern enterprise. With our team of qualified specialists and consultants, we are able to provide innovative solutions for all business issues.
The following are some of the many services we offer:
We provide a full accountancy service covering all your requirements whether you are a Limited Company, Partnership or sole trader. It is essential for you to have timely and accurate information upon which to base your commercial decisions. We can assist you with management accounts preparation on a quarterly or monthly basis.
We can also assess your systems and make recommendations to improve their efficiency. We take time to understand your business, the environment you operate in, the risks and opportunities you face and your concerns. This detailed understanding will enable us to help your business to improve and grow.
We are a firm of registered auditors regulated by Chartered Accountants Ireland.
Statutory audit is an independent audit function that provides assurance that the financial statements of an organisation are free from material mis-statement and are in accordance with relevant legislation and accounting standards. Besides helping you meet the statutory requirements, we strive to ‘add value’ by taking the opportunity to review your financial and management systems. By focusing on key risk areas, we can often enhance business systems and controls by recommending practical solutions and enhancements that can improve your business performance.
We pride ourselves on the working relationships we develop with clients. With direct partner contact and regular communication, we strive to provide all of our clients with an individually focused and value added professional service.
The Internal Audit needs of each organisation are unique. We provide on demand internal audit services with the objective of adding value to our clients by making recommendations that improve efficiency, strengthen the control environment and encourage best practice.
As Internal Auditor, we help our clients to manage risks. Through our risk based internal audit approach, we deal with issues that are fundamentally important to our clients and provide assurance to those charged with governance and external parties across a number of financial, operational and compliance processes.
We have developed extensive expertise in dealing with HMRC regarding the settlement of previously undeclared funds.
Our experience has found that many people, seeking to provide themselves with a nest egg for their later years, set up bank accounts offshore. These investments are often overlooked for many years by the individuals concerned, who frequently believe, as no money is being remitted, that these accounts are tax-free. Unfortunately this is rarely the case, and as the accounts are ignored, so the tax problems grow.
We can help you to put your affairs in order and have found that the making of a voluntary disclosure will generally result in reduced penalties, the avoidance of a criminal prosecution and will speed up the settlement process.
Being the subject of a tax investigation by HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a ‘sample basis’; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.
The professional costs of dealing with a tax investigation can be high as time must be spent gathering the requested information and formulating appropriate responses. These costs are borne by the taxpayer even if HMRC find no case to answer. We offer all our clients the opportunity to participate in our ‘Tax Investigation Service’. For an annual subscription this service covers the cost of answering HMRC investigations and costs a fraction of the fees incurred during an investigation.
We offer to all our clients, practical solutions for all tax issues as well as dealing with HMRC on your behalf. We help you design and implement strategies to minimize taxes on your business operations.
We help you plan to pay the least amount possible to HMRC, and make sure you receive a full annual tax planning review.
Particular services include:
- completion of self-assessment tax returns & income tax computations
- capital gains tax computations & reliefs
- inheritance tax calculation & mitigation service
- completion of corporation tax returns & computations
- specialist capital allowances service
We have many years experience of providing grant audit and certifications for funding received by a number of funding bodies including the Special European Union Programmes Body (SEUPB), the Department of Finance and Personnel and a number of local government departments, Invest Northern Ireland, the Northern Ireland Tourist Board, Co-Operation Ireland and district councils.
We pride ourselves on being responsive to client needs. We endeavour to complete grant claim audits as quickly as possible preventing any delays in receipt of funding.
Our management consultancy service can review your credit control, stock control, budgeting and financial reporting systems and allow you to take full control of these key areas of your business. We can also help you address specific problem areas in your business such as gross profit, cost control and stock valuation.
Effective management information will allow you to seize opportunities when they arise or identify problems quickly so you can take effective corrective action.
Valuation services are required at every stage of a business life cycle and our valuation team undertakes assignments for a number of different purposes, including:
- buying and selling a business
- transferring shares
- corporate restructuring
- related party transactions
- accounting and tax purposes
- dispute resolution
- litigation support
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
- assistance with VAT registration;
- advice on VAT planning and administration;
- use of the most appropriate scheme;
- VAT control and reconciliation;
- help with completing VAT returns;
- planning to minimise future problems with HMRC; and negotiating with HMRC in disputes and representing you at VAT tribunals if necessary
Running a payroll can be time consuming and complicated and divert resources from the core activities of your business. Outsourcing this activity also may help relieve the pressure and we can offer cost-effective solutions. We are able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed. Some areas that we could provide assistance includes:
- Setting up and registering a payroll in UK or ROI
- Running the payroll on a weekly or monthly basis
- Advising and facilitating on monthly payments to HMRC
- Processing all starters and leavers and annual compliance P60s and P35s
- Completion of P11ds where applicable
- Advising on dispensations and making applications in respect thereof
- Advising on requirements under auto-enrolment
We provide assistance to high value clients helping with the accumulation, distribution and preservation of your wealth, in the most tax efficient way possible.
We apply our extensive tax planning knowledge across the entire spectrum of personal and corporate taxation, to ensure that clients receive the very best Wealth Management advice.
Wealth Management offers professional expertise on investment advice, personal tax, inheritance tax and capital gains tax planning. Our focus is on providing you with complete peace of mind solutions across the whole range of financial planning services – from pensions to succession planning, capital gains and inheritance tax. We take time to get to know you and your dependents before offering a bespoke, personal service.
We can work with you in developing your succession plan. Research indicates that more than 80% of business owners do not properly consider succession.
We customize our approach to suit your particular business by conducting a thorough analysis of your circumstances in the first instance. We help you achieve the desired outcome by listening to your requirements and achieving buy in to the process from your own staff.
Having the right team is more than simply getting the right people, that’s only the first step. Managing and developing your team is the key to your business’ success. As our team includes experienced HR practitioners, we bring a wealth of on-the-job experience to organisations. Whether you need guidance and insight into people development, dispute resolution or structuring organisations for long-term strategic success, we deliver results.
We provide support to our clients with their recruitment and selection. This includes putting together the appropriate documentation and administering the process to ensure best practice is followed. This includes the preparation of personnel specifications, job description, advertisements and assisting with shortlisting candidates. We will also assist with the interviews.
In today’s complicated and strictly regulated financial services market, providing independent financial advice requires specialist knowledge. We make use of our wide range of professional contacts to ensure you have a suitable independent adviser and we work with them to provide you with impartial advice in areas such as:
- Pension schemes
- Life assurance
- Critical illness cover
- Private medical insurance and care plans