Chartered management accountants and year-round tax planning
We prepare accounts and tax returns for UK company directors, sole traders, landlords and trades. You can also ask us to handle bookkeeping, management accounts and tax planning during the year. We agree the work and a fixed fee in writing before we start.
Management accounting
How management accounting can work for your business
The Chartered Institute of Management Accountants (CIMA) qualification covers business performance as well as accounting. We can prepare accounts and returns, then use current figures to discuss profit, cash, pricing and costs. Your proposal confirms which reporting and advice are included.
We can provide compliance, management accounts, or both, depending on what your business needs. For some businesses, that means reliable accounts and tax work delivered on time. For others, it means regular management information, forecasting and cash-flow support to help with decisions around pricing, investment, hiring and profitability. The benefit of CIMA is that the practical work is covered, while the advice stays focused on how the business is performing.
The regular figures show:
01
How profitable you are right now.
Compare income and costs for the period you need to review.
02
What you owe HMRC, well before the deadline.
Where tax estimates are included, we explain the assumptions and expected payment dates.
03
What a planned purchase or hire could cost.
We can agree a forecast before you hire, borrow or open another company.
Guides
Common tax questions
The decisions every UK business owner runs into, explained in plain English.
Director pay
Salary vs dividends 2026
How directors should structure income from a limited company.
Corporation Tax
How much Corporation Tax will you pay?
See how the profit limits and Marginal Relief affect company tax.
Management accounts
Do small companies need management accounts?
Decide which reports would help you review profit, costs and cash.
MTD
Making Tax Digital 2026 explained
Check the qualifying income years, exemptions and digital record requirements.
Getting started
Getting your accounts ready.
We start by checking your records, software and next deadlines. We agree the setup and handover work, what we need from you and a timetable that allows for replies from your previous accountant and HMRC.
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Agree the work and dates.
We discuss how your business trades, the records you keep and the work your current accountant has completed. We check your accounts, tax, VAT and payroll deadlines, then confirm the services, responsibilities and dates in writing.
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We send the Professional Clearance letter to your outgoing accountant.
With your permission, we request professional clearance and the records needed from your previous accountant. We also arrange HMRC authorisation for the relevant taxes and explain anything you need to approve. We follow up outstanding requests and agree who handles returns due during the handover.
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We set up your cloud bookkeeping (or fix the one you already have).
We check your existing software, who controls the subscription and which records need transferring. Any new setup or migration is agreed first. We check opening balances and bank reconciliations, explain missing information and agree any work needed to bring earlier records up to date.
Once the handover and setup are complete, we follow the agreed filing and reporting dates. Your proposal confirms any tax forecasts, management accounts and reviews during the year. Read more about the ongoing work on how we work.
Tax and records
What to check before your next decision.
How you pay yourself, account for construction work, record online sales or hold property can change the tax due. These are some of the checks we can agree with you.
How you pay yourself and dividend rules
Dividends are paid from profits available for distribution and do not reduce Corporation Tax. We can compare salary, dividends and employer pension contributions using your other income, the company's tax position and the cash you need. Ask us to check a proposed dividend before declaring it.
Construction deductions and VAT
We check subcontractor verification, the costs excluded before Construction Industry Scheme (CIS) deductions, and when the construction VAT domestic reverse charge applies. We agree any changes to invoice templates and VAT coding before preparing the returns.
Property portfolios and Section 24
For individuals letting residential property, mortgage interest relief is generally given as a basic-rate tax reduction, subject to limits, instead of deducted from rental profit. These rules are often called Section 24. Companies have different finance-cost rules, but transferring existing properties can involve Capital Gains Tax, property transaction taxes and refinancing costs. We can compare the ongoing tax and transfer costs using your rents, borrowing and other income.
Making Tax Digital for Income Tax
Unless exempt, sole traders and landlords whose combined qualifying gross income exceeded £50,000 in 2024/25 must keep digital records and submit quarterly updates from 6 April 2026. The later phases use income over £30,000 in 2025/26 for April 2027, and over £20,000 in 2026/27 for April 2028. Use our date check to review the relevant income year and exceptions.
By sector
Accounting that fits your industry
Choose your business type to read about the records, returns and tax decisions relevant to you.
01
Property and landlords
Section 24, Capital Gains Tax on disposals, and working out whether a property company makes sense.
02
Trade and construction
Check Construction Industry Scheme deductions, gross payment status and the construction VAT reverse charge.
03
Consultants and IT
Review off-payroll working rules, known as IR35, compare salary and dividends, and plan for a contract ending or company closure.
04
E-commerce
Making sense of marketplace fees, tracking what you keep after platform costs, and sorting cross-border VAT before the thresholds hit.
05
Sole traders
Claim allowable business expenses, prepare Self Assessment returns and check Making Tax Digital requirements.
Already with another accountant
How we work after the handover.
Your proposal confirms the filings, reporting and advice we handle, and when you need to send us records.
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Someone to ask during the year.
You can ask questions about the agreed work and discuss a proposed decision before proceeding.
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Review how you pay yourself.
Where included, we compare salary, dividends and pension contributions using your company figures and personal income.
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A regular report that shows you how the business is doing.
We explain changes in profit, costs and cash in the reports we agree with you, with any tax estimates or forecasts shown separately.
During the handover, we arrange the relevant authorisations, identity checks and software access. We check the records received and keep you informed about outstanding information and upcoming deadlines.
Initial consultation
Want to know where you stand?
Book a call. We go through your situation, look at what would change with accounting support through the year, and follow up with a written proposal. You decide after you have read it.
Request a consultation
CIMA chartered
MTD for ITSA ready
Fixed fees