Business Start-Up
We can help turn your business ideas into reality.
We Can Help You Overcome Start-up Obstacles
We can provide appropriate and professional accounting services for starting your own business. Our accounting for start up business ensures that you do it the right way and obtain the full financial reward for your efforts.
Tailor Made Strategies For Your Start-Up
We will help you develop a plan and business structure that considers your personal circumstances and aspirations. With our support, you will experience business growth by using accurate financial strategy formulated specifically for your needs.
What's Involved
Business Structure
With our expertise, you can pinpoint which business structure best suits your needs. Whether you wish to be a sole trader or a company, we can guide you in the right direction.
Books and Records
We will outline exactly what income and expenses you should record, and our expert accountants will clarify the best way to track your costs.
Employing Others
For your business to get off the ground, it is likely that you will need staff. We will give you advice on setting up your employee with HMRC and enrolling them on an employee pension scheme.
Insurance
We can help you select the right insurance plan for your business, ensuring that you are covered for consequential loss, motor vehicles and business assets.
FAQS
Do start ups need an accountant?
Yes, every business, including a start up, should have an accountant as they help in choosing the most tax-efficient structure from very early days of your business. An accountant can help in registering for VAT, manage cashflow, and ensure tax efficiency. This all helps in laying a strong financial foundation for your start up.
Start up accountants can also help you claim the expenses, comply with the deadlines, and prepare reports for investors and lenders.
Not only financially, but having an accountant also helps in reducing finance related stress and support in long-term business growth.
How much should an accountant cost for a small business in the UK?
The cost for hiring an accountant depends on the number of services you seek for your business. On an average, it costs around £100-£250/month. Basic bookkeeping, payroll and HR, usually have less cost as compared to other services like VAT.
What is the difference between a bookkeeper and an accountant?
A bookkeeper usually handles the day-to-day tasks of tracking income, expenses, amend bank statements, and manage invoices. On the other hand, an accountant looks at the financial data to provide insights, make year-end reports, file tax returns and other longer term financial planning.
As a start up, should I start with bookkeeping or accounting?
Both bookkeeping and accounting should go hand-in-hand but if you want to choose one, start with bookkeeping. It lays the foundation for an accountant as it helps track income, taxes, expenses, cash flows. As your business is nearing a year-end, hire an accountant to help with tax returns, financial strategy and advice on overall business structure.
At Tax Driven Accountants, Our Priority is to Offer Fair Pricing and Deliver Fantastic Results For All Our Clients.
Experienced
Our enthusiastic staff has years of experience and knowledge. We’re here to provide excellent service and expert guidance every step of the way to ensure that you receive the best possible advice.
Trustworthy
We know how time-consuming running a business can be, so rest easy knowing that a team of expert accountants will keep your accounts and tax affairs in check.
Qualified
All of our staff are fully qualified experts in their field, so you can trust that you are receiving sound, educated advice that you can act on.
