Specialist Services

Farm Accounting

Farm accounting involves specific business, financial, and taxation issues, and a specialist understanding of the industry. At Summit Chartered Accountants we keep abreast of the developments in both the farming and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice.



Our services include:

• Farm budgeting and cash flows
• Farm sales and purchases
• Ownership structures
• Preparation of financial statements
• Taxation
• Seasonal planning
• Succession planning

Information Technology

We live in a computerised age where technology enables us to enhance a wide variety of business processes. Use software and hardware effectively can provide enormous benefit to your business.

Here at Summit Chartered Accountants we have embraced computerised systems, ensuring our trained, experienced professionals can:

• Discuss the best system to further your business
• Install and configure software to suit your purposes
• Recommend processes to make your computer system more secure
• Suggest accounting software applications suitable for your business
• Train clients to be self-sufficient users of a range of software applications 
• Offer advice on electronic banking

Whether you are thinking about obtaining new computer hardware, or looking at completely changing your business systems, our team is willing and able to assist you.

Rental Property

At Summit Chartered Accountants we have the expertise required to assist you in a variety of areas relating to residential and commercial property. The services we offer our include:

• Advice on purchasing a property
• Reviews of lease agreements
• Advice on funding
• Guidance on tax minimisation
• Advice on ownership structure
• Periodic reviews to ensure returns are maximised

The importance of forecasts in making a residential investment cannot be emphasised enough. We can provide you with forecasts for:

• Revenue returns
• Financial position
• Potential growth

Contact us today for more information on how we can assist you in the business of rental properties!

Succession Planning

To ensure the long-term success of your business, it is critical to establish a well-designed succession plan. Coordinating the transition of your business to your successors can be an arduous process. However, with our years of experience we can address the complex issues of business continuation, removing the stress from your shoulders.

Contact us for more information on forming a plan that facilitates a hassle-free continuation of your business!

Trusts

A trust provides a valuable way of protecting the assets you have accumulated for the benefit of others. Our extensive experience with trusts enables us to offer specialist advice on trust formation and ensures all statutory requirements are met. Obligations for trustees can often be onerous, and our assistance in trust administration can prove invaluable.

We can assist with:

• Preparing and executing the vital documentation required for trust formation
• Attending to the special requirements involved in reporting for trusts
• Trust administration
• Minute-keeping service
• Annual accounts
• Taxation
• Asset management
• Investment monitoring
• Income distribution

Contact us today to ensure your trust is formed and administered as effectively as possible, covering all legal requirements and guaranteed to fulfil its purpose!

Company Secretary

Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out trying to ensure you comply with the 1993 Companies Act. The potential threat of penalties for failing to keep up with the changing rules is too great a risk to take.

At Summit Chartered Accountants we can relieve you of this burden. Our services include:

• General advice on company law
• Company formations
• Filing annual returns on your behalf
• Preparing all documentation related to minutes and resolutions
• Maintaining statutory books
• Assistance with changes of directors, shareholders, addresses, and office details
• Bonus issues
• Share transfers
• Registered office facility
  

Please contact us for further information on how we can help you get back to running your business.