Software We Use
At Somar & Co., we leverage industry-leading software to deliver accurate, efficient, and reliable financial and tax solutions. Our team is skilled in using the latest tools to enhance productivity and accuracy for our clients.
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Founded in 1989, Somar & Co. has evolved from a self-employed business into a leading accountancy and tax consultancy firm, serving a diverse range of clients across industries. With a reputation for precision, expertise, and affordability, we are dedicated to helping small to medium-sized businesses, professionals, and individuals thrive.
Highlights of Our Journey
We believe in empowering every business to operate efficiently and succeed. By offering personalized, high-quality services at affordable prices, we give our clients the platform to achieve their goals.
With over 20 years of experience, Somar & Co. has proudly served thousands of businesses, providing affordable, accurate, and reliable financial solutions. We understand that each business has unique needs, and our team is dedicated to offering personalized support that aligns with your goals. From start-ups to well-established companies, our tailored services ensure that you receive the expertise and attention your business deserves.
At Somar & Co., we leverage industry-leading software to deliver accurate, efficient, and reliable financial and tax solutions. Our team is skilled in using the latest tools to enhance productivity and accuracy for our clients.
Ensuring precise financial records and streamlined bookkeeping processes for your business.
Managing payroll accurately and efficiently to keep your employees and business compliant.
Providing expert guidance and support with VAT registration, calculations, and compliance.
Offering detailed financial statements and management accounts to support informed decision-making.
Helping you plan for success with customized business plans and cash flow projections.
Assisting with corporate tax planning, filings, and strategies to minimize liabilities.
Supporting individuals with self-assessment filings, tax planning, and maximizing tax efficiency.
Guiding you through tax inquiries and investigations with expert support and representation.
Helping you establish and maintain your business with incorporation and company secretarial services.
Industries List:
Strategic tax planning and filings to help reduce liabilities and keep your business compliant.
Preparation and submission of self-assessment tax returns, rental income statements, and capital gains computations. Tailored guidance for employees, sole traders, and partners to optimize tax assessments.
Assistance with VAT registration, calculations, compliance, and submissions to meet all requirements.
Professional support during tax inquiries and investigations, offering expert guidance and representation.
Short testimonials from satisfied clients, focusing on their positive experiences with Somar & Co.
Read More Client Stories
As a small business owner, saving on taxes is a critical way to boost profits and strengthen financial stability. Taxes are a substantial expense, but by using the right strategies, you can reduce tax liabilities, increase cash flow, and ensure that more of your hard-earned revenue stays within your business. Effective tax planning doesn’t just cut costs; it can also help you make strategic decisions that support long-term growth. Here are some essential tax-saving tips to guide you toward financial efficiency.
As the tax year-end approaches, business owners often face a hectic period of financial preparation. Starting early can make a significant difference, helping you avoid last-minute stress and enabling a more seamless tax filing process. Proper year-end preparation not only helps you meet compliance requirements but can also reveal opportunities to maximize deductions, improve cash flow, and strengthen your business's financial health. Here’s a step-by-step guide to help you tackle the tax year-end with confidence and efficiency.
For businesses across many industries, VAT compliance is a key responsibility. Staying informed about VAT regulations and consistently meeting your obligations is essential to prevent fines and ensure smooth operations. Here’s an overview of what every business should know about VAT compliance to help you navigate this area effectively.