At X5 we offer a fresh new approach to accounting.
Our wise and experienced team of Chartered Accountants is based in Eastbourne, East Sussex, and believe our work is more about you than us.
We simply LOVE our clients.
You will have an open, friendly fun relationship with us, founded on real understanding and creative thinking rather than starchy formalities and pre-fixed services.
You concentrate on what you do best, and let X5 help you with the rest.
So whether it’s about managing tax, accounts, business, risks or wealth, X5 are eager to help you create the life you’d love.
X5 Chartered Accountants are registered auditors and are happy to carry out Limited Company Audits, and Professional Body Accounts Rules Audits. Call Ryan Smith now to discuss your requirements (Tel : 01323-720555)
You might have outgrown your current accountant. Or you might want an accountant who can also act as a business mentor. Whatever you come to us for, you can be sure our skills go far beyond crunching numbers.We’ll sort out the everyday stuff like accounting, filing returns, payroll and VAT administration to keep your business compliant and efficiently ticking over. We’ll also provide wise business counsel when you need it. Whether it’s advising on restructuring to improve your tax efficiency or outlining ways to increase your profitability, we aim to add value.
Please contact us for more information.
It's our job to get your books straight and keep them that way.We will collate all the receipts, bank statements and other papers and make sure that they are filed correctly to meet the requirements of HM Revenue & Customs (HMRC) and other interested parties - all at a competitive price and convenience to you. We take pride in keeping the accounting records up to date, making sure that the analysis is right and that the accounts balance, so if you want to concentrate on running your business, allow us to concentrate on what we do best - managing your accounts.
Please contact us for further information and advice.
Starting a business can be daunting. So, while you’re chasing your dream, it helps to have a reliable hand on the tax and financial rudder.We can help, advising you on everything from business plans and funding to tax-efficient business structures – be it a sole trader, partnership or company. We’ll also look after all the nuts and bolts, registering you for tax, VAT and PAYE, setting up a payroll, advising on your choice of banks, supporting you in opening accounts and recommending the right financial software. And once you’re up and running, we’ll act as your business advisor, providing assistance and clear thinking to see you through good times and bad.
Our support for you stretches far beyond the essential compliance services.We aim to be your business partners, working with you to ensure the best possible chance of success. Areas where we can assist you include:
Please contact us for further advice on taking your business forward into the future.
Cloud accounting services are the simple way of enabling software to be stored and accessed online. This way of accounting serves similar functions as accounting software that would be stored on your computer, but is hosted on remote servers.X5 are accredited partners of Xero, the online accounting package that reduces the burden of managing your business finances. There are numerous benefits associated with the use of Xero: accounts can be accessed online, bank transactions can be reconciled and financial control can be maintained accurately and efficiently. We also recommend the use of Thomson Reuters Onvio Cloud Software. In a similar fashion to Xero, this programme can assist in the effective management of your business’s finances. Accessible anywhere, Onvio allows users to modify and share documents, track billing and manage internal resources.
For more information in regards to cloud accounting, Xero or Onvio, please contact us.
Many businesses unintentionally over or underpay Value Added Tax (VAT) as a result of its complexity.The widening parameters of this burdensome tax and frequent changes made by HM Revenue & Customs (HMRC) often require the assistance of a professional to ensure that businesses comply with the relevant regulations. We provide an efficient VAT service, which includes:
Call us today for more information on VAT and your business.
While few people who are starting a business will naturally plan for its end, it is nevertheless essential to consider how you will exit your business when the time comes.We can help you to put together a comprehensive exit plan which will minimise your tax liabilities, maximise your financial gains and help to ensure a smooth transition of ownership. From creating a succession plan to setting a price, choosing the best time to sell and making the sale, our expert advisers can guide you through the process.
Call us today for assistance with your exit planning strategy.
We, with our partners, have a wealth of experience in this area and can provide you with a true, fair and well-informed valuation. There are many reasons for valuing a business, including buying or selling a company, selling or transferring shares, or setting up a share scheme for your employees.Whatever your intention, valuating your company is a very useful exercise. We have a wealth of experience in this area and can provide you with a true, fair and well-informed valuation.
For more information on the services we can offer, please contact us.
We, with our partners, can help you to secure the essential deals for your business.Areas where we can assist include:
Please contact us for further advice and information.
We can assist with foreign and overseas aspects.Kevin and Mike have many years of experience in this area, and is well-placed to deliver expert guidance to our clients.
If you’d like to know more about international tax planning and other foreign and overseas aspects, please contact us.
Having an effective succession plan in place will help to ensure that the transfer of your business goes as smoothly as possible, and that you minimise the tax liabilities and maximise your financial gains.A good succession plan will ensure that control of the business is transferred according to your wishes, while also providing ongoing financial security for you and your family.
From investing in the right people to implementing your plans, we can help. Contact us for advice on your succession plan.
Running a payroll is a major test for any business. It must be confidential and compliant while also ensuring everyone is paid the right amount at the right time.We have the capabilities to set up and operate every aspect of your payroll, ensuring the correct payments and deductions are made as a matter of course. We also produce full payroll returns at the year-end, as required by the authorities. We know you probably have bigger fish to fry. So we’ve designed it as a fully managed, behind-the-scenes service that lets you focus on running your business.
Contact us today to discover how you could benefit from our payroll service.
The Companies Act places strict obligations on companies to submit the required documents according to deadlines.X5 can provide peace of mind by taking the hard work off of your hands. Our company secretarial services include:
Please contact us to find out more.