The Sinclair Partnership

The Sinclair Partnership is an independent firm of Accountants with a presence in both the heart of Perthshire and the bustling town of Bathgate, West Lothian. Our team is built on a foundation of experience and a deep understanding of the ever-changing world of accounting and taxation. While we may be a smaller firm, we believe that size allows us to offer a truly personalised and efficient service that caters to the specific needs of each client. We pride ourselves on delivering professional and reliable support at a cost that is realistic and competitive.

In today's complex financial landscape, navigating the intricacies of the Inland Revenue, HM Customs & Excise, and Companies House can be daunting for any business. Regardless of your scale, staying compliant with their increasingly stringent demands is crucial. At The Sinclair Partnership, we act as your trusted guide, ensuring you meet your obligations and avoid unnecessary complexities.

We take immense pride in the strong relationships we cultivate with our clients. A substantial portion of our new business comes from glowing recommendations and referrals from satisfied clients and trusted partner organisations, serving as a testament to the quality and dedication of our team.

Accountancy Services

Regardless of the structure of your business, preparing accurate year-end accounts is fundamental. They form the cornerstone of your financial record, accurately reflecting profits and losses, and provide the essential data for calculating tax liabilities.

Whether you operate as a sole trader, partnership, or limited company, The Sinclair Partnership is equipped to assist you with all your accountancy needs. We will diligently prepare your statutory accounts, ensuring they meet the legal requirements and regulations applicable to your business type. Our services extend beyond mere compliance; we also offer guidance and support in the form of management account preparation and review. These tailored reports provide you with valuable insights into your financial performance throughout the year, allowing for informed decision-making and effective financial management. While we don't conduct company audits in-house, we can arrange for these services on your behalf if you require them.

Tax Services

Our dedicated team of tax specialists provides comprehensive taxation services encompassing individuals, partnerships, and companies. Acting as your tax agent, we effectively represent your interests and handle all communication with HMRC on your behalf.

Our service extends beyond simply preparing and submitting annual tax returns. We offer proactive advice and guidance across a wide spectrum of tax considerations:

• Tax Reliefs: We identify and maximise available tax reliefs for specific business expenditures, ensuring you benefit from all applicable deductions.
• Capital Gains Tax: We provide expert support in calculating and planning for potential capital gains tax liabilities, helping you minimise your tax obligations.
• Inheritance Tax: We guide you through the complexities of inheritance tax, offering strategies to protect your assets and ensure a smooth transfer of wealth.
• HM Revenue & Customs Enquiries: Should you receive a tax enquiry from HMRC, we will expertly handle all communications and documentation, protecting your interests and ensuring a positive resolution.

Bookkeeping & VAT Services

The ever-evolving landscape of tax compliance, particularly with the "Making Tax Digital" initiative, can present challenges for businesses. While the main proposals have been deferred until 2024, VAT registered businesses have already been required to submit their quarterly VAT return information in a "Making Tax Digital" compliant manner since April 2019. This may necessitate investments in software and staff.

At The Sinclair Partnership, we understand that bookkeeping can be time-consuming and complex. We offer flexible solutions to alleviate this burden.

• Outsourced Bookkeeping: Our experienced bookkeeping team can take full responsibility for your bookkeeping function, ensuring timely delivery of VAT returns and full compliance with HMRC regulations. This allows you to focus on core business activities.

• Bookkeeping Review: Alternatively, our team can provide a comprehensive review of your existing bookkeeping records, ensuring accuracy and compliance before VAT submission. This offers an efficient way to enhance the quality of your financial records without fully outsourcing the process.

Payroll Bureau Services

In today's era of "Real Time Information" (RTI) and auto-enrolment, managing payroll can be a significant administrative challenge, especially for smaller employers. The Sinclair Partnership offers a comprehensive payroll bureau service to take this burden off your shoulders.

Our service encompasses:

• Payroll Processing: We handle all aspects of payroll processing, including calculating wages, deductions, and taxes, ensuring accuracy and timely payment of salaries.
• Submission of Payroll Returns: We submit all necessary payroll reports and returns to HMRC on your behalf, ensuring compliance with RTI regulations.
• Auto-Enrolment Support: We assist with auto-enrolment compliance for your pension scheme, managing contributions, reporting, and all associated documentation.