Local accountancy support in Lydd
Lydd sits on the Romney Marsh, close to Dungeness and the airport, surrounded by farmland and a wide stretch of coast. The local economy reflects that: farming and agricultural contracting, building trades, small shops and services, tourism along the coast, and people commuting or working remotely. These businesses do not need complicated advice. They need accurate records, sensible planning and an accountant who explains things clearly.
We work with Lydd clients remotely, so you can share records securely and speak to us by video call or email at times that fit around your working day.
Farming and land-based businesses
Farm accounts have their own quirks: livestock and crop valuations, machinery purchases, grant and subsidy income, diversification projects and sometimes several family members involved in a partnership. Our farm accounts service covers year-end accounts and tax returns, capital allowances on equipment and buildings, and VAT where the business is registered. Where the farm is run as a partnership, we also prepare partnership accounts and tax returns.
Builders, groundworkers and subcontractors
Construction work around the Marsh and further afield means many local people work under the Construction Industry Scheme. If you are a subcontractor, deductions are taken from your pay and offset against your tax bill at the end of the year, so you may be owed money back. We can check your deduction statements and help with CIS tax refunds. If you take on subcontractors yourself, we can handle your monthly CIS returns too.
Small businesses and the self-employed
- Self Assessment tax returns for sole traders and landlords.
- Bookkeeping in cloud software, kept up to date monthly or quarterly.
- VAT registration and returns when your turnover approaches the threshold.
- Limited company accounts and Corporation Tax returns.
How we work
- We start with a conversation about your business and any deadlines.
- We agree a clear scope and quote in writing.
- You share your records, and we flag anything missing early.
- We prepare and file the work, then explain what it means for you.
What we will ask for
Bank statements, sales and purchase records, CIS statements if you are a subcontractor, details of any equipment or vehicles bought or sold, and any letters from HMRC. For farms, we will also ask about stock, crops in the ground and grant income.
Planning ahead, not just filing
A set of accounts tells you what happened last year. We also look forward with you, for example at when to replace machinery, how to spread a large purchase, or whether a change of business structure makes sense as the business grows. Small decisions made before the year end can make a real difference to the tax you pay.
We also work with clients in nearby New Romney and Hythe. If you are in Lydd or anywhere on the Marsh, send us a message and we will be in touch.
Accountants in Lydd: common questions
Do you work with small family farms?
Yes. We work with farming businesses of different sizes, including family partnerships. We prepare accounts and tax returns, help with stock and crop valuations, and look at capital allowances on machinery and buildings. Agricultural grants and diversification income are dealt with as part of the accounts.
I am a CIS subcontractor. Could I be owed a tax refund?
Possibly. Deductions taken under CIS are a payment on account of your tax. If your expenses and allowances mean the deductions exceed what you owe, the difference can be repaid once your tax return is filed. We check your statements and expenses and prepare the return.
When should I register for VAT?
You must register when your VAT-taxable turnover goes over the registration threshold in any rolling 12-month period, or if you expect it to within the next 30 days. Some businesses register voluntarily earlier. We can check your turnover and explain whether registering makes sense.
Can we meet in person?
We work remotely with clients in Lydd and across Kent, using video calls, email and secure document sharing. This keeps our service efficient and means you do not need to travel. If you have paper records, we will agree the easiest way to get them to us.