Eastbourne

Accountants & Tax Advisers in Eastbourne

Want an Eastbourne accountant? Then look no further than our Eastbourne office.

As long-standing Eastbourne Accountants we are very proud of our strong relationship with the town and its surrounding areas.

Plummer Parsons is not the only Eastbourne accountants but our Eastbourne office can trace its history back to 1900 when Hugh Limebeer and  James Alexander Tinling commenced practice as Limebeer, Thomson & Tinling.  The firm changed its name many times over the first part of the 20th century, finally settling on Plummer Parsons in the 1960s.

Nowadays the Eastbourne office has been joined by offices in Hailsham (1990) and Brighton (2007) but remains the largest of the 3 offices with some 50 staff members.

Eastbourne accountancy services

  • Bookkeeping & Accounting - record all of your financial transactions including bills, invoices and wage payments to your staff so that your accounts are kept fully up to date.
  • Payroll - take care of all payments to staff and work out all deductions so that your people are paid the right amount and on time.
  • Business Planning - advise you on creating a strategic business plan giving you time and space to make the right decisions for your business.
  • Self-Assessment Returns - gather all of the relevant information for your annual return, calculate your tax liability and ensure that everything is submitted on time.
  • Corporate Tax Planning - review your business and work out the best tax structure for you to minimise that tax that you pay and make sure you receive all tax reliefs and everything that is owed to you.
  • Human Resources - manage your human resources effectively including remuneration programmes, employee incentives, performance reviews and keep you on the right side of employment law.
  • Mergers & Acquisitions - identify suitable acquisition targets, develop a negoitaion strategy, perform due diligence, prepare relavant financial information, advise on post-acquisition integration.
  • Tax Compliance - protect your personal and business wealth reducing the amount of tax that you pay and never pay more than you need to.
  • VAT - ensure that you collect the right amount of VAT from all transactions, make payments and file your return on time, as well as planning VAT for the future.
  • Personal Tax Planning - advise you on minimising the tax that you owe, complete your returns on time, advise when you need to make payments and offer advice on estates and trusts.
  • Will Writing - help you to set out how your estate will be distributed when you die, plan to limit the amount of Inheritance Tax you liable for, give you peace of mind that your estate is in order.
  • Trusts & Executorships - advise on the most suitable type of trust, prepare the required documentation and give you advice on selecting suitable trustees.
  • Retirement Planning - ensure that you have a plan in place to provide adequate income when you retire. Advise on savings, investments and property. Prepare an exit strategy if you have a board level roll in a business. Advise on appropriate life assurance cover.
  • Investment & Financial Planning - advise you on all investment and financial matters including pensions, life assurance, savings and investments and medical cover.
  • Estate Planning - reduce the tax liability on your estate, provide succession planning and business exit strategies. Update your Will and act as trustees or executors where appropriate.

In addition to the normal accountancy work that our Eastbourne accountants do we also have teams specialing in the following areas of work.

As local Eastbourne accountants, we have a keen interest in the area and are proud to be actively involved in the local community.  We sponsor many of the local sports teams and over the years have contributed many tens of thousands of pounds to local charities.

Business and Accountancy news from Eastbourne

About Eastbourne

Our main office is based in the seaside resort of Eastbourne, home to nearly 100,000 residents it's a town dominated by the South Downs and it's iconic pier.

Close to the infamous Beachy Head the highest chalk cliff in Britain, Eastbourne is a vibrant and fast growing seaside town. It's a great place to start a business with strong manufacturing, engineering and tourism industries.

Many of our Eastbourne accountants are big fans of Eastbourne FC who play in the Conference South division.

Accountant FAQs

What accounting services do you provide?

Plummer Parsons provides comprehensive accounting services, covering everything from wealth management to business planning and even not-for-profit accountancy. 

  • Personal Accounting, including estate planning, investment and financial advice, tax planning and compliance, residency and domicile issues, retirement strategies and pensions, trusts and executorships, will writing and self-assessment.
  • Business Accounting, including audits, bookkeeping and accounting, business planning and formation, company secretarial, human resources, corporate recovery, HMRC enquiries, business management advice, insolvency, payroll, VAT, mergers and acquisitions
  • Not-for-profit Accounting, including charities, Community Interest Companies (CICs) and Industrial and Provident Societies (IPS)
  • Our firm specialisms include, construction, contractors, forensic accounting, hospitality and leisure, manufacturing, medical, retail and Community Amateur Sports Clubs

How qualified are your accountants?

Plummer Parsons is staffed with chartered accountants and auditors. Our accounting experts have years of experience providing sound financial services to individuals, charities, and businesses from various industries. We have established a reputation for excellent accounting that we are the preferred accounting firm of choice in Eastbourne.

What are the benefits of outsourcing accounting?

You are always free to do your own accounting for your business. However, you are likely to miss important details or make mistakes that can cost you dearly if you do not have any accounting expertise. 

By outsourcing accounting to Plummer Parsons, you can focus on what you do best as the head of your business while ensuring your finances are in order. You don’t have to worry about juggling the management of daily operations with meeting tax compliance deadlines or going over payroll records.

With outsourced accountants, you have fewer employees to train, orientate, and provide benefits for as well. The cost savings extend to the flexibility in which we can handle your accounting needs. You only have to pay us for the specific services that you require.

You also gain access to the deep well of knowledge of accounting that our financial experts have.

What’s the difference between bookkeeping and accounting?

Because both bookkeepers and accountants primarily handle financial records, it’s easy to understand why people mistakenly think the two jobs are the same. The key difference lies in what a bookkeeper and an accountant do with financial data. 

Bookkeeping is about recording and organising financial transactions. Accounting, meanwhile, is about analysing and interpreting financial information.

Bookkeeping is important, as paperwork needs to be stored and processed properly. However, only a qualified accountant can advise you on matters of taxes, investments, and other critical financial decisions.

Do I need an accountant when I start my own business?

While it’s not absolutely necessary, we highly recommend that you enlist the services of an experienced accountant before you start your business. 

There are great implications for the model that you will ultimately decide to run your business on and which transactions you need to start recording. With the right qualifications, an accountant can help you make the best decisions with sound financial advice based on years of guiding other startups toward stability and success.

At Plummer Parsons, we can optimise how your business is set up and minimise potential tax liabilities, ensuring that you are fully prepared for your entrepreneurial endeavour. You can also rely on us to help you register a limited company with Companies House and create a business bank account.

What responsibilities do I have as a business owner?

As the head of your own business, you are inclined to make it as profitable as possible within the limits of the law. You are then legally required to pay certain taxes as well as submit returns and forms to HMRC and Companies House. 

The documents that you need to file are dependent on the size and nature of your business, but the most common ones that are necessary for submission include:

  • Confirmation Statement
  • Corporation Tax Return
  • Employee Related Shares (ESR) Return
  • P60
  • P11D
  • PAYE
  • VAT Return
  • Year-end Accounts

Can you do online accounting?

We have devoted resources to advancing our digital and paperless systems, so much so that we are capable of providing the full breadth of our accounting services through online platforms. You can count on us to address your needs via email or other electronic means, whether you require personal tax advice or updates on your business’ cash flow projections. 

How do I switch from my current accountant to a Plummer Parsons accountant?

We understand how frustrating it might be to have an accountant that does not meet your standards. We believe that your accountant should have a firm grasp on how you run your business, consistently inform you of the state of your finances, and stay abreast of tax law changes. If you are not satisfied with your current accountant, Plummer Parsons is here for you.

We will communicate with HMRC, Companies House, and your current accountant your plan to hand over the accounting work to Plummer Parsons. The process includes a disengagement letter and professional clearance with your accountant. Rest assured we will make the transition as smooth as possible.

Office address

18 Hyde Gardens
Eastbourne
East Sussex
BN21 4PT
Phone: 
44 (0) 1323 431 200
Email: 
eastbourne@p-p.uk
Google map: 

 

How to find us:

By Train:

We are 5 minutes walk from Eastbourne train station:

  • Walk south towards Ashford Road/A259
  • Walk for 5 mins along Ashford Road/A259
  • Turn left onto Hyde Gardens
  • We are on your right

By Car:

From Brighton/London: Follow the M23/A23 from London or A23 out of Brighton:

  • Merge onto A27
  • At Ashcombe Roundabout, take the 2nd exit and stay on A27
  • At Southerham Roundabout, take the 2nd exit and stay on A27
  • At Beddingham Roundabout, take the 1st exit and stay on A27
  • A27 turns right and becomes Eastbourne Rd/A2270
  • At Willingdon Roundabout, take the 2nd exit onto Willingdon Rd/A2270
  • Continue onto Upperton Rd/A259
  • At the roundabout, take the 2nd exit onto Grove Rd
  • Turn left onto Gildredge Rd/A259
  • Turn right onto Lushington Rd
  • Turn left towards Connaught Rd
  • Turn right towards Connaught Rd
  • Turn left onto Connaught Rd
  • Turn left onto Hyde Gardens