Accountancy for Jersey businesses
Expertise that counts.
People in your corner.Bookkeeping, accounts and business tax, through to management reporting and finance director support. We keep your Jersey business compliant and give you the numbers to plan its growth.
A senior finance view on the decisions that shape your business. Book a call.
The intelligence behind better decisions.
We turn your numbers into clear, regular reporting, then explain what they mean, so every decision you make is an informed one.
We work in Xero and QuickBooks every day, and our new practice software will show you where your work stands in real time.
Your whole finance function, in one place.
We form your company in-house and handle its finances, so everything stays joined up and nothing gets missed.
Work with a team who know your business, with senior advice always on hand, and the reassurance that your bookkeeping, accounts, tax and structure are all covered.
Business support that grows with you.
A finance director on your terms.
Bring the thinking of a finance director across your business’s cash flow, funding decisions and board meetings, without a full-time salary. We provide regular management accounts, forecast your cash position months ahead, and model the numbers behind a growth or funding decision.
Accounts ready while they still matter.
We prepare annual accounts for sole traders, partnerships and Jersey limited companies, and agree them with Revenue Jersey. We turn your records around promptly after year end, so you know where you stand while the figures are current and meaningful.
More than a tax return. A plan for the year ahead.
We prepare and file your company tax return and computation with Revenue Jersey, whichever rate applies. Beyond filing, we plan across the business and keep up with local changes while optimising the business for tax efficiency and growth.
The right structure. From day one.
We form your Jersey company through BR Secretaries Limited, structured for its purpose, whether trading, holding or investment. After that we keep it compliant, holding your statutory registers, acting as your registered office, and handling the annual return and filings, so nothing slips.
Off your plate, and never late.
We take on your bookkeeping, payroll, ITIS, Combined Employer Return and GST returns. Handled by people who do it daily, it stays accurate and on time, without the errors that creep in when work is rushed. Hours saved, nothing missed.
What it is worth, and how to realise it.
Whether you are selling, stepping back or passing the business on, the outcome depends on solid preparation. We value the business and show what drives that value, get the records ready for due diligence, and structure the sale tax-efficiently, so you see the full value of what you have built.
One firm for the advice and the compliance, so nothing slips through the gap.
Frequently asked questions
Your questions, answered.
The questions owners ask us most about running a business in Jersey.
What is Jersey's Zero/Ten income tax regime?
Under Zero/Ten, most Jersey companies pay income tax at 0%. Financial services companies are taxed at 10%. A 20% rate applies to utility companies, large retailers and income from Jersey property, such as rent or development profits. One company can be taxed at more than one rate if it has distinctly different activities. Which rate applies depends on what the company does, not just how it's structured.
Does a company taxed at 0% still need to file a tax return?
Yes. Every Jersey company needs to submit a tax return and computation to Revenue Jersey each year, whichever rate applies, including companies taxed at 0%.
What’s the best way to pay myself?
Although Jersey companies are often taxed at 0%, money you draw personally is likely taxed at a higher rate, because most payments to an owner fall under the distribution rules. Talk to us about your circumstances and your company's position, and we will help you take money out efficiently while paying the right amount of tax.
What expenditure can I record for tax purposes within my company?
The general rule is that expenses must be wholly and exclusively for the purpose of the business to be allowed. In practice, this means that each business is close to unique in what expenditure it can record, and some businesses can have agreed arrangements with Revenue Jersey for certain expenses that you may not otherwise be aware of. You'll understand your business better than anyone else, but we can help shed light on the areas you may not have yet considered.
How is a virtual finance director different from an accountant or bookkeeper?
An accountant or bookkeeper makes sure the numbers are right. A virtual finance director works out what those numbers mean for the decision in front of you: whether growth can be funded out of cash, what another three hires does to margin, or when to go and talk to a bank.
At what stage should a business bring in a virtual finance director?
When the questions get bigger than the bookkeeping can answer. Funding, structure, what to pay yourself, whether to take on the bigger premises. If you are putting off decisions because you do not fully trust your own numbers, or because the risk feels like it is growing, that is the moment.
Can you help decide whether to fund growth from cash flow or raise external finance?
Yes, that is a good example of the work. We model both routes against your real cash position, identifying pinch points or unused surpluses, so you make the call with the figures in front of you, and we can introduce you to local investors in some cases.
Can you build KPIs specific to my business, not generic accounting metrics?
Yes, and it is the part worth spending time on. We sit down with you and work out what moves your business, whether that is staff utilisation, margin by job, lead times or something particular to your trade. The reporting then focuses on those and leaves the rest out.
My reporting is currently just an annual exercise. How do I move to something more current?
That is the usual starting point. We take what you have, bring the bookkeeping current, then build regular reporting in a way that you can use. Moving from an annual habit to reliable monthly reporting normally takes a couple of months.
Accountants for Jersey businesses
Every business has its own pressure points. We learn yours early, so they never catch you off guard.
Our team has advised restaurants and building firms, surgeries and property investors, and plenty in between.
