Nottingham & East Midlands

Accountants for Nottingham directors, with fixed fees and cloud-based records.

CIMA chartered accounting for Nottingham limited company directors, contractors, e-commerce operators and landlords. One fixed fee, confirmed before the work starts. Tax planning through the year and Making Tax Digital ready bookkeeping across every cycle.

Book a consultation See how our fees work

Nottingham's commercial make-up

Accounting that fits how Nottingham businesses work.

Nottingham has consultancies and tech firms in the Lace Market, property portfolios around the universities, and limited companies right across the city. Each has different tax problems. A software studio may need off-payroll working (IR35) documentation for its contractor engagements; a buy-to-let portfolio across Beeston and Lenton may need Section 24 modelling and 60-day Capital Gains Tax returns; a professional-services consultancy may need director pay planning against the Marginal Relief band.

We agree the work around the records, deadlines and tax decisions in front of you. Nottingham directors work with us through the same cloud systems, calls and reporting steps as clients closer to Sheffield or Mansfield.

Mansfield is 14 miles up the M1, and Sheffield is about an hour away. Day to day, we use secure cloud bookkeeping, shared records and scheduled calls.

Where we help most

Where we help Nottingham businesses most.

Director extraction planning

Salary, dividend, pension and retained-profit balance modelled for the full year, not guessed at after year-end. See our director pay guide.

Property portfolio structure

Section 24 impact, structuring through a separate property company where it pays off, 60-day Capital Gains Tax returns, and portfolio-level tax planning for Nottingham landlords with student or House-in-Multiple-Occupation (HMO) exposure.

E-commerce VAT & marketplace payouts

Net-payout reconciliation, marketplace facilitation VAT, and international sales thresholds for Nottingham sellers running through Amazon, eBay, Etsy and Shopify.

Tax planning with time left to act

Every year we review the tax position with months still left to act, on pension timing, capital spend, remuneration changes, before the year closes.

Cloud bookkeeping & MTD

Records that reflect where you are this month.

Invoices arrive weekly, tenancies turn over between semesters, and marketplace payouts settle twice a month net of fees. We run bookkeeping in cloud accounting software so the ledger reflects the current quarter, not something rebuilt months after the fact.

We do not migrate clients onto one platform for the sake of standardisation. Where the existing setup works, we keep it; where bank feeds, receipt capture or chart-of-accounts structure need rebuilding, that work happens during onboarding, before the first reporting cycle starts. Bookkeeping and management accounts are agreed together because current numbers are only as honest as the ledger underneath them.

Making Tax Digital for Income Tax applies from 6 April 2026 to sole traders and landlords with gross income over £50,000. Nottingham's student-adjacent BTL owners, Creative Quarter freelance consultants and NG2 trading sole traders cross that line in meaningful numbers, digital records and quarterly submissions become mandatory. We set the software up once and run the submissions.

One fee, both halves

Compliance and tax planning under one fee.

CIMA Chartered

Nottingham directors carry the same HMRC and Companies House obligations as every other UK limited company, but the consequences hit harder when the director is also the one watching the numbers. We handle the legislative detail behind statutory accounts, Corporation Tax, VAT and payroll, so that the forward conversations (extraction, capital spend, acquisitions) are not crowded out by filing deadlines.

Corporation Tax & marginal relief

Nottingham professional-services and trading companies regularly sit in the £50,000 to £250,000 profit band where the 26.5% marginal rate and associated-companies rules bite. We track the position through the year so a decision on bonus timing, pension contribution or asset purchase is based on current figures rather than an estimate.

Tax planning through the year

We do not wait for year-end to think about the tax position. Regular checks pick up overdrawn Director's Loan Accounts, extraction drift, and Full Expensing or Annual Investment Allowance opportunities ahead of the deadline.

Switching in Nottingham

Switching out of an unresponsive firm.

Most directors who reach this page already know they want to leave their existing accountant. The question is what changes during the handover and what changes day to day. The full step-by-step is on the switching page; this is the Nottingham version.

For professional services limited companies.

Nottingham's city-centre consultancies, creative studios and small legal partnerships usually have cloud accounting already in place. The books get filed on time, but nobody is giving them advice through the year. The salary-and-dividend mix has usually drifted since the last review, the Director's Loan Account has crept overdrawn between year-ends, and no one has modelled the Marginal Relief band for the current trading year.

We sort those out in the first month: a written extraction position, a clean DLA reconciliation, and a Corporation Tax forecast that respects associated-companies rules if you have a group structure.

For Nottingham BTL and student-adjacent landlords.

The buy-to-let handover is dominated by one question: should the portfolio sit personally or in a limited company? Section 24 has changed the answer for a lot of Nottingham landlords, particularly portfolios around the universities in Lenton, Dunkirk and Beeston, and HMO stock on the east side of the city. The previous accountant may have filed the return each January without re-running the comparison since the rules tightened.

We do the modelling during onboarding, with your actual rents, finance costs and marginal rate in the spreadsheet rather than a generic example. If the answer is to leave the portfolio personal, we will say so, moving it into an SPV is expensive when it is the wrong call. See property investors for the longer framing.

For contractors and IR35-exposed consultancies.

Creative Quarter and Lace Market studios, software contractors, and independent consultants serving East Midlands public-sector engagements all carry current IR35 exposure. The switch-driver is frequently that the outgoing firm returned a "you're fine" answer on status without ever writing the reasoning down.

During onboarding we document the status analysis for each current engagement (substitution, control, mutuality, financial risk) so that if HMRC opens an enquiry, there is evidence on file rather than a recollection of a phone call.

The mechanics, the same in every case.

Professional Clearance, HMRC 64-8, software advisor transfer and AML checks run the same way regardless of how the business is set up. The full sequence and the realistic timing window are on the switching page. Filings that fall during the handover window are tracked on both sides so nothing slips between firms.

Read the full switching process

Fees

Fees agreed in writing before we start.

Every Nottingham client is priced on a fixed fee, agreed in writing before the work starts. The published fee bands cover the standard work; tailored bands are available where a business does not fit the default shape (property portfolios, multiple trading entities, or sector work with additional reporting overhead).

A fixed fee covers the regular work, including your questions through the year. The work list is attached to the proposal, so you know what is covered and what would cost extra before we start.

Common questions

Frequently asked questions

Do I need to be in Nottingham to work with you?

Most clients work with us through secure cloud accounting software, encrypted document exchange, video calls and phone calls. Mansfield is 14 miles up the M1, and the service-areas page explains the wider coverage.

Can you document IR35 status for a Nottingham contractor?

Yes. We document the status position for each live engagement (substitution, control, mutuality of obligation, financial risk) so that an Outside IR35 determination is evidenced on file rather than relying on memory of a conversation. That matters if HMRC opens an enquiry two years after the contract ended.

Do you advise on Section 24 for Nottingham student-let portfolios?

Yes. Nottingham's buy-to-let base, particularly student-adjacent stock in Lenton, Dunkirk and Beeston, and Houses in Multiple Occupation further out, is heavily exposed to the Section 24 mortgage-interest restriction. We work through the personal-versus-property-company comparison on your actual rents, finance costs and marginal rate, rather than a generic example, then advise on whether incorporating is likely to leave you better off once Stamp Duty and ongoing administration are factored in.

My landlord rental income is over £50,000. What does MTD for ITSA change?

From April 2026, sole traders and landlords with gross income over £50,000 must keep digital records and submit quarterly updates to HMRC under Making Tax Digital for Income Tax. We set up the bookkeeping software once, then run the quarterly submissions, so the only new work for you is forwarding receipts as they arrive.

Can I switch to you mid-year without missing a filing?

Yes. We take on clients at any point in the financial cycle. Filings falling during the switch window are tracked on both sides: the outgoing firm completes anything mid-work on a handover basis, and we pick up the next cycle once Professional Clearance and HMRC 64-8 are in. See how we handle the switch for the detailed sequence.

Keep reading

Service

Book a consultation for your Nottingham business.

We ask what you need, then send a written proposal.

Book a consultation

MTD for ITSA 2026 Readiness Checklist

Fee bands, in writing