Accountants for Small Businesses

At Excel Accounting Solutions, we recognize that small businesses are the backbone of the economy. We provide tailored accounting services to help you manage your finances, remain compliant, and focus on growing your business. Whether you run a sole proprietorship, partnership, or small limited company, our expertise ensures your financial success.

Tax Planning and Compliance

• Preparation and submission of self-assessment or corporate tax returns.
• Expert advice on income tax, corporation tax, and VAT compliance.
• Identifying tax-saving opportunities to maximize your profits.

Bookkeeping and Record-Keeping

• Maintaining accurate and up-to-date financial records.
• Reconciling bank accounts and tracking income and expenses.
• Generating regular financial reports, including profit and loss statements.

VAT Support

• Advising on VAT registration and schemes suitable for small businesses.
• Preparing and submitting VAT returns.
• Ensuring compliance with Making Tax Digital (MTD) requirements.

Payroll Management

• Processing payroll for employees and directors.
• Managing PAYE, National Insurance, and pension auto-enrolment.
• Ensuring timely and accurate payroll submissions to HMRC.

Cash Flow Management

• Monitoring and forecasting cash flow to avoid financial challenges.
• Providing strategies to improve liquidity and manage seasonal fluctuations.
• Helping you secure financing or loans when needed.

Business Setup and Structuring

• Advising on the best business structure (sole trader, partnership, or limited company).
• Assisting with company formation and registrations with HMRC.
• Helping you set up financial systems and processes.

Budgeting and Financial Planning

• Creating budgets to manage expenses and achieve financial goals.
• Offering insights to improve profitability and reduce costs.
• Providing strategic advice for business growth.

HMRC Investigation Support

• Preparing for and managing HMRC audits and inspections.
• Ensuring your records and submissions are audit-ready.
• Representing you in communications with HMRC.

• Tailored Services: We customize our services to meet the specific needs of small businesses.

• Proactive Advice: We anticipate challenges and provide solutions to keep your business on track.

• Compliance Assurance: We help you navigate complex tax and regulatory requirements.

• Accessible Support: Our team can always answer your questions and offer guidance.

• Regular updates on tax law changes relevant to small businesses.

• Guidance on adopting technology to streamline financial processes.

• Support in preparing for growth or transition to a larger business structure.

Let us handle your accounting needs so you can focus on running your business. Contact us today to learn how we can support your small business.