As Chartered Accountants we provide many services to many clients, ranging from newly formed businesses to long standing limited companies and partnerships.

Due to our relaxed approach our clients feel that they can ask us about almost anything.

When you come to Nigel Ricks & Company, you will realise that we spend time understanding your organisation so that we provide the best support.

We are based in Loughborough right next to the train station, so it is convenient and very easy to find us. Our clients are based all over Loughborough, Leicester, Nottingham, Derby and beyond!

We support our clients in many different ways (see our A-Z list of services). We are sure that whatever type of organisation you are, we are able to support you (see our industry types supported).

MacMillan Cancer Support

MacMillan Cancer Support

We have recently hosted a fundraising event for Macmillan Cancer Support and raised a whopping £400.50. We would like to thank our wonderful clients and neighbours, friends and families that donated.

You can still donate using the link below:

https://thyg.uk/BUS006688300

 

We now offer a Will Writing Service to our Clients

We now offer a Will Writing Service to our Clients

We have linked up with Oak Shields Estate & Funeral Planning a local fully qualified Will Writing company.

Between us we now offer:

  1. Will Writing
  2. Lasting Powers of Attorney
  3. Business Lasting Powers of Attorney
  4. Trusts
  5. Inheritance Planning

Click Will Writing to find out more information.

HMRC now use a third party payment company

HMRC now use a third party payment company

When paying HMRC via your bank account, please be aware that HMRC now use a third party company.  The company is called Ecospend Technologies Limited.  If this company name appears upon you making payment, it is genuine!

Gov UK Open Banking Privacy Notice

 

We are here to help…

We are here to help…

We at Nigel Ricks & Co are here to help with the changes you may need to make during these uncertain times.

We can help with budgeting, cashflow forecasts, Key Performance Indicators (KPI) and using quality software to become better at costings and increasing margins and managing costs.

This can be done by looking at monthly management figures, looking at the annual accounts and general discussions about your business.

Running a business has become more bureaucratic every year. We are here to help with the rules as they change. It can be payroll issues, Research and Development claims or general costings.

Please contact us to arrange your appointment if you feel we could help you.

MTD for VAT

MTD for VAT

Making Tax Digital for VAT – Changes from 1 November 2022

The rules around VAT Submissions have recently changed and you are now unable to use your existing VAT online account to send monthly or quarterly VAT returns to HMRC.

If you haven’t already done so, you will need to sign up for Making Tax Digital for VAT.

To sign up for Making tax Digital for VAT you will need either a compatible software that allows you to keep digital records and submit VAT Returns or bridging software which will connect non compatible software (i.e. spreadsheets) directly to HMRC.

If you would like to discuss the rule changes or need any further help, please contact us to arrange an appointment

Income Tax Self-Assessment – ITSA

Income Tax Self-Assessment – ITSA

If you currently have rental income or are currently self-employed, with an income from either source in excess of £10k then from April 2023 you will have to make several returns to HMRC throughout the year. In addition, you may also have to complete an Annual Self-Assessment Tax Return.  We Recommend those affected contact us to discuss their situation in order they have sufficient time to practice and prepare for this change.

Are you Employed and working from home?  Are you claiming your working from home allowance?

Are you Employed and working from home?  Are you claiming your working from home allowance?

This is £6 per week tax-free.  HMRC has confirmed that as long as you are required to work from home you can still claim the full years allowance.  If you feel your bills for working from home exceed the £6 per week, we can claim more back but we must provide proof of this.  Please note, it is possible for your employer to pay you this as a tax-free allowance.

Have you recently started your own business?

Have you recently started your own business?

Many people have started their own business recently. You will have great ideas and know your market.  We are here to help you make your business successful.  We support all businesses with advice on bookkeeping, payroll,  company accounts and tax returns.  Being friendly we promise not to baffle you with fancy accountancy jargon. Contact our friendly team now to arrange your appointment with us.

contact-iconCall us now for a FREE, NO OBLIGATION meeting

Call us on (01509) 828980 for a FREE 30 minute meeting to discuss how we can help you! Or send us a message and we will call you back.

Sage Reseller

ATOL protected logo

Blue Quickbooks Proadvisor logo

We sell and support Sage Line 50 and Sage cloud software.

We offer training and specialised Nominal Designs.

We are proud to be Chartered Accountants

We are ATOL Reporting Accountants

We are pleased to say we are QuickBooks online ProAdvisors. We offer training either remotely or face-to-face

We are very pleased to be appointed XERO partners with staff being certified on XERO