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Home icon For all your accountancy needs call us Truro. 01872 272047 | Falmouth. 01326 375587

What our clients say...

The support Lang Bennetts have given us over the last 13 years has helped our business in a number of ways.

"They have also helped with new acquisitions that has allowed us to grow and expand our branch network across Cornwall, Devon, Dorset, Bristol, Somerset and Wiltshire."

Mark Mitchell, Cornwall Glass & Glazing

Retail

We act for a large number of retail businesses ranging in size and in a wide diversity of areas.

The retail industry has been subject to vast changes in recent times, experiencing changes in gross and net profit margins, the economic downturn and changes in the rates of VAT. Throughout all of this we have continued to offer our clients the help and advice they need.

Our clients include clothes stores, garden centres, pharmacies, surf shops and gift shops that range from turnover below the VAT registration threshold upwards.

Lang Bennetts can offer cost-effective services to businesses in this sector including:

  • Preparation of statutory accounts whether as a sole trader, partnership or limited company
  • Tax compliance
  • VAT advice
  • Income tax advice
  • Corporation tax advice
  • Management accounting
  • Book-keeping
  • Payroll, RTI and Auto-enrolment

Specialisms to support you further

  • Advise on the various VAT schemes available to retailers, cash accounting for VAT and the flat rate scheme for VAT
  • Preparation of departmental accounts in order to identify which areas are performing
  • Employment tax issues such as the minimum wage
  • Accounting software advice
  • Succession planning

Lang Bennetts’ Retail lead contacts: