J R Watson & Co

Whatever your financial needs, we can help. J R Watson & Co. is a firm of chartered accountants based in Northampton and Rugby offering accounts, taxation and business advisory and support services to a wide range of businesses and individuals.

At J R Watson & Co. we provide a cost-effective, high value solution to meet all of your financial needs. We work hard to get to know you in order to deliver timely, individual advice on how to improve your business and personal wealth.

About Us
100 years dedicated to delivering a first class client service.

J R Watson & Co. was established in 1908 and today, we continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike. We have many clients in the local community and service businesses, small and large, across many sectors.

As well as general accountancy, audit and tax skills, our four partners also have individual specialist skills which enables us to provide clients with a first class service as and when required. With our wealth of experience we pride ourselves on delivering an unparalleled service to all clients, what ever their size or sector.

In addition to traditional auditing, accounting and tax services we also provide advice on how to improve and develop your business. Whether you need an integrated business strategy, access to corporate finance or specialist tax advice we are here to help you achieve your goals.

Require more information?
If you would like more information or would like to ask us a question then call us on 01604 630475 (Northampton office) or 01788 575037 (Rugby office).

Compliance Services
We provide a range of compliance services to support all aspects of business administration.

We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared. Our experienced team will relieve you of the regulatory burden and leave you more time to concentrate on other areas of your business. In short, we will make sure everything is in the right format, in the right place and at the right time.

Support Services
The combination of your business knowledge and our support services will help your business to grow and increase profitability.

Management information
Regular management information is vital to the continued success of any business. We work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.

Payroll
Running a payroll can be time consuming and complicated and divert resources from the core activities of your business. We can address this by installing payroll software and training your staff. Outsourcing this activity also helps relieve the pressure and we can offer cost-effective solutions. We are able to provide the complete service, what ever the size or complexity of your business, or simply provide support when needed. All this is carried out by our payroll specialist company Eastgate Accounts Office Ltd.

Bookkeeping
We can help you with all your general bookkeeping requirements, either at your offices or at our office. You may require help to write up books or need us to add the finishing touches to information on bookkeeping systems in order to create your own management information. If you do not employ a bookkeeper then we can take up the role or help you recruit the right person for your business.

Business planning and forecasts
Every business should plan ahead to ensure success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we will ensure these are both meaningful and robust.

Consultancy & Systems Advice
Your professional and personal goals are central to our consulting services; we take the time to get to know you better so we can offer the best advice.

Management consultancy
Our management consultancy service can review your credit control, stock control, budgeting and financial reporting systems and allow you to take full control of these key areas of your business. We can also help you address specific problem areas in your business such as gross profit, cost control and stock valuation.

Effective management information will allow you to seize opportunities when they arise or identify problems quickly so you can take effective corrective action. 

Information technology
Information technology (IT) is one of the key resources available to every business to achieve its short and long-term objectives.

Using the knowledge gained from our own systems and those designed for other clients, our in-house IT team are able to advise on IT related matters with first-hand experience. We can install software, provide training and help you to obtain the best from your chosen system.

Taxation
As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Corporation tax services
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

Personal Tax (including sole-traders and partnerships)
We are specialists in income tax, capital gains tax and inheritance tax.

Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Estate planning
Few of us like to think about dying, however the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system.

VAT
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service.

HMRC Investigations
Being the subject of a tax investigation by the HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, Revenue staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent.

Tax protection
With the increased risk of such investigations it may be worth considering taking out our annual insurance policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial.

Some of the Services we Offer Include:

Accountants Northampton • Financial Services Northampton • Accounting and Bookkeeping Services Northampton • Tax Consultants Northampton • Business Advisors Northampton