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Accountancy & Tax in Manchester

Key start-up information and list of local accountants

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Manchester Business Category

Manchester Accountants

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Having a good firm of accountants on your side will ensure that you have all the information and support that you need to help your business grow and flourish.

They can offer advice and help you comply with accounting and tax requirements.

If you are self employed or run a small enterprise in Manchester, it makes sense to use an Accountant or Bookkeeper who is keen to help small business and new business start ups rather than struggle with the task yourself.

Recommended Local Partner

AXT Accountants

AXT Accountants

Based in Cheadle, Cheshire, our dedicated team provides expert solutions to a range of businesses, from individuals to small limited companies, both locally and nationally.

We specialise in providing solutions to contractors and those in the property and construction industry.

At AXT, we pride ourselves on our modern and forward-looking approach. We understand that your time is precious, which is why we offer a fully digital and online service.

So say goodbye to the days of client visits and traditionally long accountancy meetings – we offer convenient and effective online solutions, as and when you need them, saving you time and helping you to succeed.

Mobile icon 0808 123 3030

Local partners

We are happy to promote anyone who is prepared to offer friendly support to local start-ups.

Our local partners have been kind enough to help us and are keen to help you too.

Main Accounting Considerations

Sole Trader or Limited Company

One of the first decisions you will need to make is which legal structure is likely to suit your new business and this will affect your accountancy obligations.

You can read a detailed article about your various options at: Sole Trader or Limited Company?

The information below primarily relates to self-employment but if you decide to trade as a limited company, you can read more here: Running a Limited Company.

Becoming Self-Employed

You should tell HMRC as soon as you start self-employment, otherwise you may face a penalty. You are considered to have started self-employment when you have something to sell and either have a customer for your goods or services, or you are actively marketing your business.

You can let HMRC know about your self-employment by registering online for business taxes. A Self-Assessment Online account will automatically be set up at the same time. This allows you to send your Self-Assessment tax returns online. You will receive an Activation Code. You need to activate the service within 28 days. If you don’t, you will have to ask for a new Activation Code.

You can register online at https://www.gov.uk/log-in-register-hmrc-online-services/register

National Insurance

As a self-employed person, you pay a fixed amount of Class 2 National Insurance contributions (NIC). If your profits are above a certain limit, you may also have to pay Class 4 National Insurance contributions.

See Self-employed National Insurance rates for full details.

Statutory Records

It is very important that you set up a record keeping system and keep all records and supporting documents. Records for the current tax year must be retained until 31 January 2022.

You must keep records of all money coming into and going out of your business. This includes all cash, cheques and credit card transactions.

Your records should be adequate to allow you to complete an accurate Self Assessment return. You will be expected to keep a full record of:

  • All sales made and other business income, as it is earned.
  • The cost of all business expenses and purchases as you pay them, no matter how little they cost.
  • All purchases of business stock, goods and raw materials.
  • Mileage records.
  • Capital expenditure; keep a separate record of all purchases and sales of business equipment, machinery and vehicles, together with the receipts.
  • Keep a record of the market value of equipment or vehicles introduced into the business that you owned before starting your business.

See Business records if you're self-employed for full details.

Key Dates

There are key dates that you need to be aware of during the financial year. These relate to reporting and payment of any monies due. A list of dates and full explanation can be found here.

Value Added Tax (VAT)

You must register for VAT if:

  • Your taxable turnover exceeds the VAT threshold in any 12 month period
  • you expect your taxable turnover to exceed the VAT threshold within the next 30 days
  • you take over an existing VAT registered business as a going concern

You have 30 days from the date you meet any of these criteria to register.

Usually, VAT registration can be completed online and if you apply online, you will be enrolled automatically so that you can submit your VAT return online (there is no longer a paper version).

The current VAT threshold is £85,000; if your turnover is below the registration limit, you can choose whether to apply for voluntary registration. The standard rate of VAT currently is 20%.

See the official VAT website for full up to date details.

Manchester Accountants

SJM Accounting Services
Whether you are a sole trader, partnership or limited company we have the expertise to deliver quality advice and service at a price you can afford. At SJM Accounting we believe in a proactive approach. If you are interested in setting up a business, we will gain a thorough understanding of your business and your objectives to ensure that we give you absolutely the right advice.
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MWA Accounting Ltd
You didnt go into business to get bogged down with your accounts -but we did! We work WITH businesses, helping them forecast and control their current situation and future growth whilst ensuring with proactive tax planning that they are able to reap the rewards! - Bookkeeping, - Payroll - VAT - Monthly management accounts - Short-term cashflow forecasts - Full financial forecasts - Statutory accounts - Personal & Corporate tax returns - Tax planning - Business plans
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Payroll Heaven
The easier and safer way to manage payroll for your business. Make payroll simple with Payroll Heaven's payroll solutions. Free demo. Highlights: Demo Available On Request, Resources Available, Customer Success Portal Available.
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Davies McLennon
We are chartered accountants based in Stockport We are Chartered Accountants based in Stockport, close to Manchester, offering accountancy, tax planning advice, payroll services and business consultancy to small and mid sized businesses. We have a special package for business startups. If you are looking for an accountant see the Eight Great Reasons why you should talk to us. We are interested in helping our clients grow, and become more successful and profitable. Click here for a free report with ten very practical ideas on how you can grow your business. Our web payroll service is unbeatable value for money at just £1 per employee per month. Its also an easy and convenient way to work.
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AXT Accountants
Based in Cheadle, Cheshire, our dedicated team provides expert solutions to a range of businesses, from individuals to small limited companies, both locally and nationally. We specialise in providing solutions to contractors and those in the property and construction industry. At AXT, we pride ourselves on our modern and forward-looking approach. We understand that your time is precious, which is why we offer a fully digital and online service. So say goodbye to the days of client visits and traditionally long accountancy meetings – we offer convenient and effective online solutions, as and when you need them, saving you time and helping you to succeed.
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BLACKWOOD ACCOUNTING SOLUTIONS LTD
A Fresh Approach to the Client Accountant Relationship - No more Costly Meetings - No more Expensive Annual Accountancy Fees - Fixed Low Monthly Fees to help with Cash Flow - All Contact made over Phone and Email for an effective service - Instant & Unlimited Access to your Licensed Accountant - Quick Responses at NO Extra Cost We are an online accountancy firm perfect for new business startups as our fees start from Only
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Black Diamond Accountancy Services Ltd
Established in 2002, Black Diamond is an accredited service provider to the flexible labour market. Offering Umbrella and Accountancy Services, Black Diamond is perfectly placed to handle any contractor accountancy or employment requirement. Black Diamond are currently expanding. We are now able to offer our experience and expertise gained over the last decade not only to the flexible labour market but to business and individuals outside of this sector. Black Diamond are delighted to introduce: Diamond Bureau (managed and bespoke payroll bureau services), Diamond Compliance (ID verification, Anti-Money Laundering and Eligibility to work in the UK checks) and Diamond Employment (Employment law and contract advice via our business partners Peninsula). Our focus is always to work in partnership with our clients and shared business growth and success. Black Diamond continues to value the partnerships it has cultivated with its recruitment clients and are excited to expand its offerings and mirror good service to other businesses across the UK.
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Cashaccounts Limited
Personal accountancy services to local businesses of all types. Competitive pricing, fixed fees.
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Accountancy Management Services
Our help for new start-ups includes: * Monthly face to face consultations & Support in 1st year (FOC) * Unlimited telephone support * Free training in book keeping from our * Experienced staff * Introductions to networking events * Introductions to free banking Offices in Blackpool. Blackburn, Manchester and Dewsbury
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P.B. Syddall & Co
Business startup advice from P.B. Syddall & Co. In over thirty years of working with a varied client base in the North, we have established a reputation as reliable and forward-thinking accountants and business advisers. Everyone expects their accountant to prepare accounts, deliver financial reports, optimise their tax position, etc. We do all of this - and we do it well! But we also go the extra mile for our clients. We offer a wide range of accounting and business advisory services from profit improvement and advanced tax planning to personal financial management and wealth-building to both businesses and individuals in Bolton and throughout the UK. When you choose us, youll find yourself working with a team thats focused on making your financial affairs run smoothly - and on saving you money! We identify with your success and strive to help you achieve it. After all, your success is our business. Most people who start up in business do so because they have a good business proposition and the enterprise and commitment to see it through, not because they are experts in the legal, financial, and fiscal aspects of running a business. Thats where we fit in. Bring us your business ideas and well help you to evaluate them in a constructive and realistic manner. We can also help you: - Decide on the most suitable structure for your business - sole trader, partnership, or limited company - Prepare a business plan, cashflow projections, budgets, and trading forecasts - Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals - Establish a good working relationship with your bank - Complete any registration procedures with Companies House and HMRC - Deal with company secretarial issues - Set up a recording system for your internal use and for complying with statutory requirements Start your new venture on a sure footing. Contact us for a FREE initial consultation today.
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AXT Accountants
Based in Cheadle, Cheshire, our dedicated team provides expert solutions to a range of businesses, from individuals to small limited companies, both locally and nationally. We specialise in providing solutions to contractors and those in the property and construction industry. At AXT, we pride ourselves on our modern and forward-looking approach. We understand that your time is precious, which is why we offer a fully digital and online service. So say goodbye to the days of client visits and traditionally long accountancy meetings – we offer convenient and effective online solutions, as and when you need them, saving you time and helping you to succeed.
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Accountancy Managemet Services
Accountancy practice established 30 years,specialists in SMEs and micro businesses. Catering for VAT, PAYE,Annual accounts for sole traders partnerships Ltd Cos. Experienced team offering accross the board advice and services. Very reasonable charges eg tax returns from
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Admiral Tax Investigations
Admiral Tax Investigations offer a comprehensive range of tax investigation services to UK individuals and businesses. We provide specialist tax investigation advice and support across a range of disciplines. These include UK tax investigation advice and representation, check of self assessment tax returns, Code of Practice 9, Serious Fraud, Voluntary disclosures, HMRC campaigns and tax amnesties. Our fees are unbeatable
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AIMS Accountants for Business
We provide a personal service to each of our clients, designed to meet their specific requirements. During your initial free consultation, we can agree exactly which services you would like us to provide you with. Just call David on 0161 643 3397 to arrange a meeting.
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Beever and Struthers
Youve had an idea, researched the market and are now ready to start your own business. What next? Going into business is a daunting experience but if successful can give the founder the freedom an employee could only dream of. We can deal with all aspects of setting up your new company, leaving you free to get on with your job while minimising your income tax, NI contributions and VAT. Put our experience to work for you. For more information, please call Shelim Rahman on 0161 832 4901 or email shelim.rahman@beeverstruthers.co.uk.
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Champion Accountants
Champion Accountants is a leading accountancy firm based in Manchester, UK. With over 40 years experience helping SMEs grow they have a vast amount of experience and have offices in 5 of the North Wests major cities. Some of the core services Champion Accountants can help you with are audits, preparing accounts, tax compliance and payroll solutions.
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Cheaper Accountant
UK qualified accountants offering low cost expert accountancy services to small businesses and start-ups across the UK.
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COS Bookkeeping & Consultancy Ltd
Offering bookkeeping services, training and advice. We run many free workshops on topics ranging from Being Self Employed to Expenses and Benefits for Directors. Call for a free assessmentchat. 0844 412 5720
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Kinsella Tax Investigations
Are you under investigation by HMRC? Our tax experts can help you resolve this. Talk to one of our advisers in London, Manchester, Birmingham, Leeds, Newcastle or Glasgow today.
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KinsellaTax Investigations Ltd
If HMRC are querying your personal or business tax returns then Kinsella Tax Investigations can help. Call free on 0800 999 9980 or email info@kinsellatax.co.uk for more information.
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M Seitler & CO.
M Seitler & Co are a reputable company of chartered accountants serving small businesses in Manchester and surrounding areas in the UK. Their professional bespoke accounting services are personalised to meet the specifc needs of your Manchester based business. For more details on their free tax evaluation and testimonials from happy, satisifed clients, please visit their website or contact them on the telephone number listed here.
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M Seitler & Co.
If you need to eliminate the worry and stress of keeping your business financials in good health, then give M Seitler & Co a call.
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MCC Accountants
A leading firm of Chartered Management Accountants and Business Advisors based in Greater Manchester. Offer Great FREE Tax and VAT advice. We offer great business plans and help with the Setting up of your business and advice including HR, employment contracts and Health and safety.
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MOORE ACCOUNTANCY
Pro-active, Personable and Price Conscious Chartered Accountancy firm in Altrincham. Focus on start ups and SMEs - to help develop the business and ease the financial headaches. We Do More Than Just Accounting!
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SARKS Chartered Certified Accountants & Business Advisors
A complete accountancy services: Audit, Tax, Accounts, bookkeeping, payroll, PAYE, business start up ..... at an affordable justifiable fees.
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Sedulo
We are an established firm of accountants, with offices based in Manchester city centre and Cheshire, providing expertise in accountancy solutions and commercial business advisory services. Our name is derived from the adjective
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SJM Accounting Services
Affordable accountancy
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Sorted and Co Ltd
Friendly firm of Accountants, based in Bramhall Cheshire. We only deal with small businesses, so we have time to help you build your business with straightforward easy-to understand advice. Limited company accounts and tax or Self-employed Self-Assessment, VAT and PAYE. We charge low fixed fees with no monthly or set-up charges.
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Sterling Accountancy
Sterling accountancy is a firm of modern accountants, tax and business advisers based in Manchester using up to date technology to help and support our clients
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TaxAssist Accountants
Lee King is a TaxAssist Accountant who offers clients a personal service. Clients benefit from the core accountancy services plus other additional services which help clients build their business and gain good contacts locally.
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Taylor Evans Accountancy
We have years of experience helping new startups. Offering the necessary support in the early stages to business owners who are perhaps unfamiliar with what is involved in running a business.
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Local help for startups

There is plenty of help for startups in Manchester but where can it be found?

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