Hilife Corp is a new-generation accounting service, that pride itself on its online services, meaning more flexibility for clients in terms of speed and updates.
We have noticed that the needs of many were not being catered for by traditional compliance-based accounting and tax service offerings.
Many medium and small business owners need access to advisory services in addition to compliance, yet do not require the need of a full-time accounting and finance resource.
TAX SERVICES AND TAX PLANNING
Joined up thinking across the business in terms of tax minimisation and proactive tax planning for profit extraction is frequently desired.
As such, Hilife was founded to provide a one stop solution to clients to ensure they had their core needs met in terms of:
- Remaining compliant
- Minimising taxes
- Reducing time and hassle associated with managing finance related issues.
In addition to the above, some clients benefit from decision support services in the form of management accounts (i.e. profit and loss, balance sheet, KPI reporting) and a virtual CFO.
Management accounts and reporting are produced and articulated to clients enabling targets setting (profit and otherwise) for the future, and then measuring their progression towards those targets over time.
This approach reduces coordination fatigue for hilife clients by removing the need to manage multiple advisors and staff at once.
It also provides clients with access to senior finance support without the full-time cost normally associated. This can be especially useful to small businesses with growth aspirations.
ACCOUNTING SOLUTIONS
Hilife is an accountancy firm which is registered as a certified Quickbooks Bronze Partner.
Services are provided to a variety of businesses (e.g. sole traders, limited company owners, medium and small business owners etc) providing the option of transitioning over to Quickbooks, or if already using the online accounting software, training and setup to ensure they are making the most efficient use of what's on offer.
By working with Quickbooks, we are able to offer an accessible and convenient solution to our clients in the form of online accounting services.
Using Quickbooks allows us to work on the same data source as clients in real time, ensuring that information can be exchanged instantly and remotely.
SERVICES WE PROVIDE INCLUDE (BUT ARE NOT LIMITED TO):
We provide support through a range of services to medium and small businesses including:
- Bookkeeping services
- Personal tax returns (self assessment)
- Business plan production and assistance
- Tax Advisory - tax advice to deliver tax efficient strategies for profit extraction. Planning strategies from a tax advisor.
- Year-end accounts and Companies House compliance
- Payroll
- New business set-up e.g. choosing the right business structure, company formation etc.