UK Enterprise Awards 2021

334 | UK Enterprise Awards 2021 Best Accounting & Bookkeeping Advice Management Service – West Midlands Setting up and running a business is stressful and time consuming enough as it is, without the added strains or trying to keep up to date with accounts, payroll, managing the HR system and recruitment. This is where Platinum One Accounts can help, by offering guidance, advice and professionals to do all the hard work, whilst you concentrate on growing your bottom line. Based in Birmingham and Coventry, Platinum One Accountants (Platinum One) provides complete accountancy and bookkeeping outsourcing services to businesses in and around the West Midlands area. Specialising in accountancy recruitment, dedicated accountants and professionals can be provided quickly and easily to help any company iron out its accountancy issues. Platinum One prides itself on providing an honest, friendly and professional approach to all accountancy requirements and, with more than 25 years’ experience in the sector, clients can be confident that their company’s finances will be in expert hands. With a goal of always exceeding its clients’ expectations, Platinum One understands that running a business has its own in-built risks. For example, the accounts can be complex to understand and this complexity requires a lot of time and dedication. By providing the very best in accountancy advice, knowledge and service, Platinum One offers a business advisory role and continuous support for a wide spectrum of business structures, including limited companies, partnerships, landlords, contractors and individuals. Accurate forecasting is the key to financial peace of mind and Platinum One’s accounts team is highly skilled and can assist in setting up vital reports for a business, for efficiency and cost savings. This will help with forecasting, cash flow and interpreting financial data. In many cases, the firm has provided clients with clear insights, which has helped to minimise hidden financial risks, minimise costs and enable the business to plan ahead to outperform competitors. Platinum One can help keep a company or individual on top of their bookkeeping, by providing a bespoke bookkeeping support service. It deals with all receipts, bills, invoices, bank statements and expenses, either from its own offices or the clients’ office, leaving customers free to concentrate on their business. With transparent pricing and no costly set-up fees for in-house facilities, Platinum One gives peace of mind in knowing that a company’s records are well kept, as well as the impetus for the business to grow. Likewise, administrating payroll can be time consuming and burdensome. It also diverts energy and resources from the core activities of a business. The task is made all the more difficult by the growing complexity of taxation, employment legislation and the accompanying regime of penalties for non-compliance. However, Platinum One’s payroll services provide a complete payroll solution to take away as much of this burden as possible. Auto enrolment legislation has been designed to encourage a retirement savings culture in the UK and is another area in which Platinum One is able to assist. This new legislation requires all employers to automatically enrol some or all employees of their workforce, depending on age and salary level, into a pension scheme. This must meet certain minimum standards. Some employees will have the right to ask their employer to enrol them into an auto enrolment pension scheme, which once again depends on the employee’s age and salary level. Employers may be required to make contributions to this pension scheme, adding to the contributions made by their employees. Once again, Platinum One can offer a full range of services to help ensure that a company’s mandatory pension scheme is being run effectively and is kept up to date with new legislation. There is also a range of flexible HR services available to help manage people within an organisation, ensuring a business can get the best out of its employees whilst remaining legally compliant, and thus minimising risk whilst creating a thriving workplace. Being able to provide such a wide and varied range of expert advice, consultancy and accountancy services has ensured that Platinum One Accountants succeeds time and again, most recently, with the prestigious accolade of Best Accounting & Bookkeeping Advice Management Service – West Midlands being bestowed upon it. Company: Platinum One Accountants Web Address: Jun21234