FAQs

It depends on the level of service you need. Our packages give a good indication of cost, but if you need a leaner or more tailored option, we can create a package that fits your business perfectly.

That’s where we can help. You might already know what you need, and one of our packages may be a perfect match. If not, no problem - we’ll take the time to understand your business and recommend a package that suits your needs.

Not at all. We offer plenty of ways to work remotely - video calls, phone consultations, and connected bank feeds for bookkeeping. Of course, you’re always welcome to drop by the office for a cup of tea if you’d like.

It depends entirely on your requirements. Our managed service packages are charged monthly and cover a wrap-around service. We also handle one-off projects and year-end work. We’re flexible and will work with you to find the right approach.

Absolutely not. We hate hidden fees as much as you do. Our managed service packages cover everything upfront, and we’ll always make sure fees are clear and transparent from the start.

It’s simple... call, email, or book a call with us. We’ll learn a bit about your needs, provide a clear price, and guide you through every step if you decide to move forward.

Yes, you can. We’ll even take care of the transfer for you through a process called professional clearance. With your instruction, we contact your current accountant to request what’s needed for a smooth handover.

Absolutely. That’s what we’re here for. Whatever has or hasn’t been done correctly so far, we’ll advise you, help resolve the issues, and where possible, appeal any penalties on your behalf.

No, you don’t need to do anything beforehand. We can take over from wherever you are. After understanding your situation, we’ll provide a tailored service and clear pricing, and then look after your accounts proactively moving forward.

HMRC letters can cover anything from tax updates to compliance notices. If you’re unsure what it means, we can review it with you and explain any actions you need to take.

Employers’ NI is a contribution you make as a business owner for your employees, including yourself if you’re a director. It funds certain state benefits and is a legal requirement. We can help calculate and manage your NI obligations so it’s hassle-free.

You can claim a car as a business asset if it’s used for business purposes. The rules differ depending on whether it’s petrol, diesel, hybrid, or electric. We can advise which options give the best tax efficiency for your company.

Yes... if you use your personal vehicle for business trips, you can claim mileage at the approved HMRC rates. We can guide you on how to record this correctly to maximise legitimate claims.

Corporation tax is usually paid online through HMRC’s secure portal. We can help you understand ow to make payments, ensure deadlines are met, and handle the calculation so you don’t have to worry about errors.

Yes... you can invest money in your company either as a shareholder loan or additional share capital. The method you choose has different tax implications, and we can advise on the best approach for your situation.

The Director’s Loan Account (DLA) tracks money you put into or take out of your company that isn’t salary, dividends, or expenses. We can help you manage your DLA to stay compliant and avoid unnecessary tax charges.

A director’s dividend is a payment you receive from your company’s profits. Dividends are taxed differently than salary, and we can help you plan them efficiently to reduce your personal tax liability.

Your company’s accounting year end is the date your financial year finishes. It determines when accounts are prepared and filed, and when corporation tax is due. We can confirm your year end and manage all related deadlines.

For sole traders: Your self-assessment tax year runs from 6 April to 5 April the following year, which is different from a company’s accounting year. This is important to know for filing personal tax returns on time.

Deadlines depend on the type of tax - corporation tax, PAYE, VAT, income tax etc. Missing a payment can lead to penalties. We can provide a clear schedule and even set up reminders or direct payments for you.

Your UTR (Unique Taxpayer Reference) is a 10-digit number issued by HMRC to identify your business for tax purposes. It’s needed when filing returns or communicating with HMRC. We can help you locate it and use it correctly.

A Companies House personal director code is a unique 11-character identifier issued after you verify your identity, required for all directors and Persons with Significant Control (PSCs) of UK companies to comply with new regulations. It’s issued by email and applies to all companies where you are a director.