Our practice has grown organically over the years, thanks to referrals from many satisfied clients. We provide traditional core accountancy services, i.e. accounts, taxation and advisory as well as a comprehensive range of value added services in bookkeeping, payroll and other business supports to meet the needs and requirements of our valued clientele. We also work closely with many external experts for advice on specialist matters beyond our normal scope of practice. Our clients can be rest assured that they are receiving the best value business advice available.

Due to continued growth, we rebranded our name from Raymond Soo & Co to RSC Accountants Limited in 2014. With the enlarged practice firm, we believe we can provide even better client service as well as expanding our staff, knowledge and technology base. This is important as today’s businesses face ever-greater demands and challenges, from fast-paced and expensive technology changes, increased client expectations and more complex law and tax regulations.

Besides traditional core accountancy services, we also provide business start-ups, business advisories and consultancies designed to meet the increasing requirements of SME businesses. Our clientele ranges from self-employed individuals to medium sized companies with turnovers exceeding £55m. We act for clients involved in a wide range of business sectors including manufacturing, tourism, IT, restaurants, property, legal, construction, retailing, wholesaling and distribution.

Mr Soo is a Fellow of the Association of Chartered Certified Accountants (FCCA), having over 35 years experience in providing audit, tax and business advisory services. Prior to setting up his practice, Mr Soo served his articles and qualified in 1991 with a medium-sized practice firm in Central London before joining Coopers & Lybrand (a Big 4 firm - presently known as PricewaterhouseCoopers (‘PWC’) as an Audit and Business Services manager and has also worked in Singapore and Malaysia for a few years to broaden his experiences where he gained additional qualifications as a Chartered Accountant and as an Associate member of the Chartered Tax Institute of Malaysia (CTIM). He attained a Certificate in Financial Planning (FPC) awarded by the Chartered Insurance Institute as part of FSA regulatory qualification requirements for financial advisers. He joined as a member of the Institute of Certified Public Accountants (ICPA) and our practice firm was accredited and earn the ICPA seal of approval in 2017.

* Book-keeping and Accounting
* Payroll and PAYE
* Business Advisory and Consultancy services – Business Start-up; Business Plan and Forecast; Tax Planning; Business Strategy; Business Budgeting etc
* Business Accounts – Limited Companies; Group Companies and Consolidations; Sole-traders; Partnerships, Landlords and Contractors (CIS and IR35)
* Company Services – Company Secretarial, Annual Return and Companies House compliances
* Business Taxation – Business Taxes including Capital Allowances and Reliefs for Self-Employed; Partnership; Limited Companies, Landlords; IR35 etc
* Personal Taxation - Self-Assessment Tax Return, Income Tax, Capital Gains Tax and Inheritance Tax * Value Added Tax (VAT)
* Tax inquiries and investigations from HM Revenue & Customs

The ultimate aim of our service is to deliver the natural mix of compliance and value that makes a real difference to our client’s business. We use our knowledge of each client to match our approach and our solutions to their needs. We look behind the numbers to consider what they mean for the business as a whole and offer solutions to current deficiencies as well as taking steps to plan for any potential issues that might arise.

Where possible, we deliver quality services by ensuring our planning and strategy is business risk focused and tailored for each client’s needs to reflect the specific financial, operational and regulatory risks they face. We shall design our risk assessment procedures aiming at obtaining an understanding of our client, its environment, its systems, and the related internal control procedures. These procedures, which can be carried out in conjunction with substantive testing and control testing, shall include the following:-
            * Inquiries of management and others within the organisation
            * Analytical procedures
           * Observation and inspection
           * Peer and competitors comparison
           * Market trends

We support clients by informing them of all relevant accounting and regulatory changes and issues relating to financial reporting standards; compliance with regulations; advice on controls and system weaknesses and independent review of externally reported financial information. We will communicate certain matters to those charged with management and any significant findings and recommendations will be addressed to our client. We advise our clients to prepare and take necessary proactive steps to rectify any current and future issues. We regularly seek client feedback to improve our performance.

We are able to converse in a wide range of languages. Please call us if you need to discuss your business or tax concerns in your preferred language. We can arrange for a foreign language speaker among our in-house or out-source staff if necessary.