Accountants for Startup Businesses

Starting a business is exciting, scary, enjoyable, worrying, energising and difficult, all in the same measure.

There’s so much to think about and so much to do that it can feel a little overwhelming but don’t worry - help is at hand.

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Startups

Small Businesses

Technology

Sole Traders

Self employed

Limited Companies

Partnership

Freelancers

Contractors

Ecommerce

Can we help?

We love working with startups and helping to make the dreams of the founders come true.

Whether you have a great idea for a new service, are making strides selling online or manufacturing the ultimate mousetrap, we’re by your side.

Getting you up and running

Is it better to be a sole trader, a partnership or a limited company?

Should you use an online accounting system or get a bookkeeper?

Who do you need to tell you that you’ve started in business?We’ll work with you to identify the best form for your business and develop a roadmap if you want to expand.

We’ll answer your questions about taxation, payroll, bookkeeping and accounts and let you know about all the deadlines for submissions to Companies House and HMRC.

If you would like us to, we can manage the setup of your business, inform HMRC of your new enterprise and make sure that you are properly registered.

And if it helps you can outsource all of your accounting work to us and concentrate on growing your new baby.

Don’t chance it - get it right from day one

Succeeding in business is hard work, after all, if it was that easy everyone would be doing it!
One of the best indicators of success is where the new owner has the backup and mentorship they need to set them off on the right track.

We’ve worked with hundreds of new businesses over the years and we know what works and what doesn’t.You’ll be surprised at how much confidence it gives you to know that you have someone at the end of the phone that you can just bounce ideas off of.

Having that backup and knowledge increases your likelihood of success manyfold and means that your business is properly organised right from the start.Our startup package is specially designed to include all the things you need from day 1 all for one monthly charge. This makes budgeting in the early days a snap!

NO NASTY HIDDEN FEES OR EXTRAS!

No hidden fees, no time-based billing, no extra charges for picking up the telephone, just one of our qualified professionals in your corner, part of your team, vested in your success.

Accounting Packages

Accounting for Startups

Included in the Startups Accounting Package

Accounts Preparation

Self Assessment Filing

A dedicated accountant

1-1 tax advice & your tax return filed

Integrated HMRC submissions

Tax Optimisation

Full access to our professional accounting software

Preparation and submission of the VAT return (if required)

Manage the company payroll (if applicable)

Unlimited Support , Online. By phone. In person

Get Started

From Just

£99.50

Per / month

Starting a new business?

Free Incorporation

Get 30% off our super accountancy services for 6 months!

Start up’s FAQ’S

Do startups need accountants?

A micro business is a type of small business that employs fewer than 10 people, according to the Small Business Association, while small businesses can include businesses with up to 500 employees.

Do startups use GAAP?

Yes, startups often use Generally Accepted Accounting Principles (GAAP) for their financial reporting and accounting practices.

What can I include as ‘expenditure’?

Expenditure in accounting typically includes all the costs and expenses incurred by a business in its day-to-day operations.
Everything that you spent for the business shall be listed as Expenditure

Will I need a business bank account?

Yes, it is highly recommended to have a dedicated business bank account for a startup in the UK. While it is not a legal requirement for a sole trader to have a separate business bank account, there are several important reasons to consider opening one.

Will I have to register for VAT?

Whether you need to register for Value Added Tax (VAT) in the UK depends on the turnover of your business.

What records do I have to keep?

As a business owner, you are required to keep accurate financial records for your business for various purposes, including tax compliance and financial management.
For example
Income Records
Expense Records
Financial Statements
Tax Records
Employment Records and some more.

Ask another question

Why go accountax for your Accountancy services

Dedicated 2 person Team

They will be your point of contact if you require any help along the way.

Tax Optimisation

Regular tax efficiency reviews to reduce your tax bill

Regular reminders

We send regular reminders prior to submission. We'd hate for you to be late!

Save Time

We want to give you back your time. No need to waste hours going through receipts and statements.

Free Accounting Software

Our easy-to-use free accounting software makes it easy to send out invoices and keep track of expenses.

Helping you save time and money whether you are a freelancer, sole trader or limited company.

And much more

Free Accounting Software

Our easy-to-use free accounting software makes it easy to send out invoices and keep track of expenses.

Helping you save time and money whether you are a freelancer, sole trader or limited company.

And much more

Our Services?

Accounts

Need help with your year-end accounts? we’ll ensure you save time, submitting your year-end accounts to HMRC and Companies House on your behalf.

Payroll

A complete managed payroll service for employers and directors

Self Assessment

Self Assessment doesn’t need to be painful.

VAT Returns

Calculating and reporting VAT is a complex, time-consuming process.

Bookkeeping

Bookkeeping is tedious for any business owner, and falling behind is easy to do.

Management Accounts

Bookkeeping is tedious for any business owner, and falling behind is easy to do.

accountax 360

Looking for information on our other accountancy services?

IR35 Consultations

Capital Gains & Allowence

Investigation Consultancy

Which Services do I need?

There are five core compliance requirements you need to be aware of:

Accounting - covers your annual filings

Bookkeeping - record keeping and classifying transactions into their correct accounting categories

VAT - you need to know when to register and file returns once registered

Payroll and pensions - you have to report to HMRC if you pay someone an employee a salary

Self Assessment - you personally may have to file an annual return, most commonly if you receive income that is not taxed at source, e.g. rental income or dividends

Three easy steps to Switch to accoutax family

Changing accountants isn’t something that you do regularly so we’ll walk you through the process and make sure that you are completely comfortable with your new firm.

This includes completing things like a letter to your old accountant and a form allowing us to act on your behalf with HMRC. (don’t worry, we’ll guide you through)

Let’s talk

We need to know about your business and what you are hoping to achieve from your accounting

Get going

We’ll integrate with any systems you already have and refine our processes so that you get the service you deserve