Sovereign & Co
Sovereign & Co
Sovereign Accountants Group
  • Welcome to Sovereign Accountants Group

    Our projects are an absolute success. 
  • Financial Empowerment

    We give equal importance to technical demands. Our projects are an absolute success.

Manage Your Investment

Most people who start up in business do so because they have a good business proposition and the enterprise and commitment to see it through, not because they are experts in the legal, financial, and fiscal aspects of running a business. Indeed, these matters can often seem daunting, and even off-putting, to the budding entrepreneur. You do not need to be an expert in these fields to succeed; with the support of our team of trained experts and the benefit of our experience, we will help you evaluate your ideas in a constructive and realistic manner.

We can also help you to:

Decide on the most suitable structure for your business – sole trader, partnership, limited liability partnership or limited company


• Prepare a business plan, cash flow projections, budgets, and trading forecasts


• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals


• Establish a good working relationship with your bank


• Complete any registration procedures with Government Agencies


• Deal with company secretarial issues


• Set up a recording system for your internal use and for complying with statutory requirements

Bookkeeping

The list of accounting and taxation tasks that come with running a business is almost endless. These tasks are often time consuming, complex, and a drain on resources.


Our accounting and taxation services will relieve you of this administrative burden and release time for you and your team to concentrate on managing your business more effectively.


This is why a well thought out accounting strategy can add value to your business.

Our bookkeeping services include:

• Purchase and sales ledger

• Cash register

• General ledger write-ups

• Bank reconciliations

• Merchant account reconciliations

. Credit cards reconciliation

. Payables and Receivables Management

. Monthly / quarterly sales and use tax filings

. Monthly / quarterly / annual financial statements

New Level Business

Payroll

• Customized pay stubs

• Payroll reports

• Administration of paid time off, insurance benefits and vacation time

• Administration and timely filings of all Employment related form required by Federal and State agencies.

• Summaries and analyses of staff costs

• Administration of incentive schemes, bonuses

Business Taxes Solutions

  • Determining the most tax effective structure for your business
  • Taking full advantage of tax opportunities and reliefs
  • Achieving the optimum capital or revenue tax treatment
  • Reducing tax on disposals and maximising relief on acquisitions
  • Making the most of tax opportunities specific to your industry
  • Meeting the rigorous demands of compliance including corporation tax self assessment
  • Acting on your behalf in discussions with the tax authorities

Efficient corporate tax planning can result in potentially significant improvements in your profits and success.

Solutions that work for you

The list of accounting and taxation tasks that come with running a business is almost endless. These tasks are often time consuming, complex, and a drain on resources.


Our accounting and taxation services will relieve you of this administrative burden and release time for you and your team to concentrate on managing your business more effectively.


This is why a well thought out accounting strategy can add value to your business.

Building a brighter tomorrow—today

Administering

Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business.

The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

Obligations

Business tax represents a substantial part of a company's costs.


There are increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance.

We offer a range of services to help you minimize your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation.

"Failing to plan is planning to fail."

Sovereign Accountants Group place an extremely high importance on planning and we encourage our clients to follow a well constructed plan with regularly scheduled meetings. Consequently business owners and managers can respond quickly to unforeseen events and not miss opportunities.


We can assist you to:

• Formulate and implement long-term strategic goals

• Produce cash flow and budget forecasts

• Set concrete operational objectives

• Monitor performance and adjust plans accordingly

. Create Business Plan for Loan Applications

How we can assist you

• Advise about appropriate reliefs and allowances to which you are entitled

• Notice deadlines for returns and payments

• News of tax legislation changes

• Personal tax return fixed fee service

Tax


Payroll


Accounting


Book Keeping


What we do

We give equal importance to technical demands. Our projects are an absolute success.