Established in 1979, Hysons is a firm of chartered accountants in Andover, Hampshire. Compromised of three partners and a team of specialist accounting consultants, we pride ourselves in delivering our customers with a first-class service. At Hysons, Chartered Accountants, we believe in tailoring our solutions to best suit your key financial decisions.
Business Accounting Services - We offer a broad range of services for companies including VAT, tax, payroll, and planning. Personal Accounting Services - Explore your personal finance options with our skilled personal tax planning services and expert advisors. Charity Accounting Services - Our specialist bookkeeping services will ensure your NFP organisation can run at full capacity.
Our clients represent a wide spectrum of structures, from corporate accounting to not for profit financial support. We aim to take away their stress of financial burdens such as tax, accounting and audit compliance work, instead allowing them to focus on business development.
Business Accounting Services - We offer a broad range of services for companies including VAT, tax, payroll, and planning. Personal Accounting Services - Explore your personal finance options with our skilled personal tax planning services and expert advisors. Charity Accounting Services - Our specialist bookkeeping services will ensure your NFP organisation can run at full capacity.
Our clients represent a wide spectrum of structures, from corporate accounting to not for profit financial support. We aim to take away their stress of financial burdens such as tax, accounting and audit compliance work, instead allowing them to focus on business development.
Services
The combination of your company knowledge and our business accounting services will help your business to grow and increase profitability.
When it comes to business, we understand the value of time.
That's why we offer business accounting services that prevent valuable time and resources from being tied up within your company, allowing you to focus on driving growth.
Whether you require annual statutory financial statements for compliance purposes or interim management accounts for performance review, you can be confident that with Hysons your accounts will be prepared in accordance with the very latest accounting standards.
When it comes to business, we understand the value of time.
That's why we offer business accounting services that prevent valuable time and resources from being tied up within your company, allowing you to focus on driving growth.
Whether you require annual statutory financial statements for compliance purposes or interim management accounts for performance review, you can be confident that with Hysons your accounts will be prepared in accordance with the very latest accounting standards.
At Hysons, Chartered Accountants, we understand the difficulties of staying on top of your personal finance.
Whether you are self-employed, a business owner, or just looking for personal tax guidance, our expert accounting advisors take the time to understand your financial needs, objectives and requirements so your wealth can be better protected.
We help individuals with constructive, beneficial, and proactive accountancy and tax advice.
Whether it is your tax return, running your business or passing on wealth we can help you.
Whether you are self-employed, a business owner, or just looking for personal tax guidance, our expert accounting advisors take the time to understand your financial needs, objectives and requirements so your wealth can be better protected.
We help individuals with constructive, beneficial, and proactive accountancy and tax advice.
Whether it is your tax return, running your business or passing on wealth we can help you.
The charity sector faces many accounting challenges which are difficult to overcome alone.
Using our in-depth and well established knowledge of charity finance and the NFP sector, Hysons' goal is to support these organisations, enabling them to grow and create an even greater social impact.
In the face of increasing legislative and regulatory pressure on NFPs, the need for efficient management of your finances underpinned by a strong and effective governance structure has never been more important.
Using our in-depth and well established knowledge of charity finance and the NFP sector, Hysons' goal is to support these organisations, enabling them to grow and create an even greater social impact.
In the face of increasing legislative and regulatory pressure on NFPs, the need for efficient management of your finances underpinned by a strong and effective governance structure has never been more important.
Personal tax refers to the management of an individual's tax expenditure who is self-employed, or operating as a singular business owner.
Personal tax also requires an annual tax return submitted to HMRC.
Individuals are not required by law to keep financial records, however not doing this can be a costly mistake from a financial and tax perspective.
For example, your bank account and credit card statements may be wrong and you may not discover this until it's too late to make corrections, or you may forget to pay a bill and hurt your credit score.
Personal tax also requires an annual tax return submitted to HMRC.
Individuals are not required by law to keep financial records, however not doing this can be a costly mistake from a financial and tax perspective.
For example, your bank account and credit card statements may be wrong and you may not discover this until it's too late to make corrections, or you may forget to pay a bill and hurt your credit score.
Being a sole trader is often referred to simply as being 'self-employed', though there are other forms of self-employment (such as being a contractor).
Sole trader is the most popular structure for a start-up, and also the simplest.
You pay income tax on your profits (rather than corporation tax), so any profits above the higher rate threshold will be taxed at 40%, and profits above the additional rate threshold will be taxed at 45%.
Depending on your profits, you may also have to pay National Insurance (NI) contributions.
Sole trader is the most popular structure for a start-up, and also the simplest.
You pay income tax on your profits (rather than corporation tax), so any profits above the higher rate threshold will be taxed at 40%, and profits above the additional rate threshold will be taxed at 45%.
Depending on your profits, you may also have to pay National Insurance (NI) contributions.
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