Accounting for Startups

It does not matter if you are operating as a limited company, sole trader, partnership, small business, limited liability partnership, contractor, freelancer, property or investment business we have the startup accountant and startup accounting package you need from as little as £20 per month.

Life moves fast for startups. We can help you from day one, with unlimited advice from our startup accountants.

We can support your startup from company formation right through to adding payroll and pension services.

accounting for startups

Why use Accounting Wise for your Startup Accounting?

Online Accountant

Your Own Dedicated Startup Accountant

When you join us, you will receive your very own dedicated startup accountant. Our fully qualified and friendly team will be on hand to help you throughout the year for all your financial queries.

Leading Accounting Software

Leading Accounting Software

You are provided with leading accounting software which will help reduce the time it takes to – provide quotes and invoices to customers, chase payments, and monitor outstanding balances.

Tailored Service

Tailored Services

Tax & Accounting packages tailored to suit your business. We are always straightforward in our services & pricing. We take care of your accounting and let you get on with making your business a success.

Unlimited Expert Advice

Unlimited Expert Advice

Your dedicated startup accountant will always be on hand to answer any questions about your small business. You can contact them via email, phone, live chat, Microsoft Teams or meet them in person.

Deadline Reminders

Regular Deadline Reminders

We send regular automated reminders to inform you of when your accounts and returns are due to be submitted, helping to ensure you never miss a deadline for your small business again.

We currently help over 500 individuals and businesses in the UK

Included in the Accounting for Startups Package

Accounting for Startups: Tax Traps to Avoid!

Tax Penalties

As soon as you have set a start date, ensure that you notify HMRC of your intention to commence trading. Self-employed individuals, partnership businesses and limited companies face penalties for failure to notify HMRC that they are liable to tax. Our accounting for startups service will help you to avoid these.

VAT Penalties

Do not represent yourself as registered for VAT if you are not, as this is considered to be fraud. If you do register for VAT submit your returns and pay your dues on time to avoid late filing penalties, interest and surcharges.

Missing Invoices

Always obtain a proper invoice for any business purchase and a VAT invoice if you are registered for VAT. If you fail to do so, you may find that your claim for tax relief will be denied, as will your VAT reclaim.

Company Car

Whether you are self-employed, a member of a partnership or operating as a limited company, planning for the use of a car in your business needs to be thought through carefully. Self-employed individuals and partners will need to keep a log of business mileage to backup any claim for tax relief.

Limited company owners will need to compare whether the cost of using a car owned by the company will be more cost effective than using a privately owned vehicle for business purposes. The tax implications vary considerably depending on many factors, which is why a careful review should always be undertaken in order to minimise any tax charges and maximise any reliefs.

Specialist Accounting for Startups

accounting for startupsOur expert startup accountants are always on hand to provide support tailored for startups, from answering questions on business expenses to proactive advice on getting the most out of your accounts.

Make us your business startup accountant and we’ll keep on top of all your finances, so you can concentrate on your new business. We’ll do everything for you, from all your bookkeeping to setting up your payroll – we’ve got your back.

We’ll also deal with HM Revenue & Customs (HMRC) and Companies House, so you don’t have to.

accounting for startups

Our expert startup accountants are always on hand to provide support tailored for startups, from answering questions on business expenses to proactive advice on getting the most out of your accounts.

Make us your business startup accountant and we’ll keep on top of all your finances, so you can concentrate on your new business. We’ll do everything for you, from all your bookkeeping to setting up your payroll – we’ve got your back.

We’ll also deal with HM Revenue & Customs (HMRC) and Companies House, so you don’t have to.

Our Accreditations

You can feel safe in the knowledge that we are experts in our field.

Our online accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.

ACCA
ICPA
AAT