RED Accounts Ltd

About RED Accounts Ltd

Operating from Douglas since June 2012, RED Accounts Ltd looks after the finances of small businesses and private individuals. The firm says it can serve clients wherever they are located while being based on the island, and it offers either a full office-style service or a single one-off task, with no assignment considered too small. Its range covers accounting systems, bookkeeping, payroll, administration, financial statements, income tax returns, tax planning and investment-related decisions, with the stated aim of keeping records accurate and taxes paid correctly and on time. The business can also review the financial operations of a company to help it run more efficiently. Company set-up, company secretary support and business start-up help are listed among its services. The website is brief and gives no team size, languages, prices or dedicated section for overseas clients, so the offer is presented mainly for local small-business needs.

Services

Listed services are accounting, bookkeeping, tax, VAT, payroll, company secretary, business planning, business start-up and general admin or support. The firm also mentions company set-up, profit and loss accounts and financial statements, income tax returns, tax planning and operational overviews of a business's finances. Support can be provided on a continuing basis or as a single piece of work, for companies and for individuals.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✓ Corporate secretarial: offered
• ✕ Virtual office: not listed