Self-Employed & Start-Ups

Thinking of starting a new business?  Whether you are a new-business start-up that needs sound business advice or simply need to know how to register as self-employed and what it involves, we are here to help. Our long-established Client-base on a local, regional and national basis has a hugely diversified range of successful business-types from which we draw our financial experience.  

With a welcome return of growth in our economy, perhaps you have ambition to start your own business. Faughnan Financial Services can offer professional Financial Advice and Information on what is involved and how to get your idea up and running. 

Our dedicated team in Letterkenny provides  all the advice, information and support you need to start up or grow your business

Vat :

VAT returns are prepared for a wide range of small to medium-sized businesses including retail, building contractors, public houses, the Arts and the professional services industry, as well as farming. 

Payroll :

Payroll services are provided for a range of Clients with varying staffing needs from small to large-scale levels of employment. This includes the preparation of wages, payslips, tax credit allocations, social welfare documentation, P30, P60 and P35 returns as well as managing day-to-day Human Resources on behalf of the employer.  

Accounts :

Annual sets of Year-End Accounts and Financial Statements, as well as Management Accounts are prepared and filed for Clients with a wide-range of income types. These include the Self-Employment / Sole Trader sector; Partnerships; unaudited Limited Company accounts; Rental Income accounts and Farm Income accounts. 

Income Tax Returns :

We facilitate the preparation and filing of Irish (ROI) Tax Returns online via Form 11 or Form 12, as well as UK Tax Returns. With a very competitive fee structure we are willing to consult with customers who require professional tax advice.

Book-Keeping Services :

All self-employed persons and businesses are required to keep proper books and records. Faughnan Financial Services have a long-established Client base with tailor-made system solutions as book-keeper to any business-type or self-employed income.