Call for Assistance: 02033 259 341
Spondoo Accounting
Call for Assistance: 02033 259 341
Spondoo Accounting

Best accountants for StartUps and small businesses in the United Kingdom

May 27, 2021

Why you need a Start-Up accountant for startup accounting

As a  StartUp business in the United Kingdom, having the best products and services in the market will attract customers to your business. However, how you manage the funds of your business and the financial decisions you make will determine the rate at which your StartUp thrives. That is why the right StartUp accountant is an excellent strategic partner for helping you grow your business and reduce the risk of failure.

Spondoo Accountants specialise in helping StartUps, small businesses, and entrepreneurs turn their business ideas into successful ventures. 

StartUps accounting services

Spondoo accountants offer several different services to StartUps from company formation, bookkeeping, support in raising capital, statutory accounting, as well tax compliance. 

These are some of the services we will provide to your StartUp company: 

Formations & Secretarial Services 

We can assist you in incorporating your business via Companies House. Additionally, we can also do the following: 

  • Guiding you in making an informed decision on the type of company that best suits your needs. 
  • Advising on the shareholding structure 
  • Assist in finding the right name for your company, even for those that require permission. 
  • Provide continuous company secretarial support. 
  • Registered address services. 
  • Set up a business bank account. 
  • Registration with additional regulatory authorities, such as the Charities Commission, Care Quality Commission, HMRC and even the Financial Conduct Authority. 

Finance your business – get startup funding!

We understand how much your business needs money, especially when starting up. We work and partner with various funding providers to help you get the required capital to start up your business. These include: 

  • Angel Investors 
  • Venture Capitalists 
  • Private Equity Firms 
  • Banks and Business Loss Institutions 
  • Local Exchanges (like Regionally.com) 

Bookkeeping

As a StartUp, you probably do not have the cash flow to hire a permanent bookkeeper. We will perform all your bookkeeping tasks without the full-time salary. At an affordable rate, we will ensure your financial statements remain organized, up-to-date, and accurate.  

Payroll

Our Employer Support team is qualified under the Chartered Institute of Payroll & Pensions Professionals (CIPP). We provide fully managed service to deal with your PAYE (Pay As You Earn) and Class 1 National Insurance calculations, before filing under Real Time Information (RTI) 

Tax compliance and advisory

Our expert team of tax advisors assists clients with Corporation Tax, Income Tax, Capital Gains, Exercise & Duties, VAT, and even pension scheme-specific taxation. 

Autoenrollment

 As an employer, you must provide a workplace pension for your employees by adhering to the UK’s workplace pensions law. From setting up and implementing occupational pension schemes, running workforce assessments, and calculation contributions, our payroll team will ensure you are fully compliant with your duties under the Pensions Act 2008.  

Get the right accounting software for your StartUp business 

Based on your needs, we will guide you in choosing the right software for your business. We will advise on leading accounting software based on the specific needs of your operation, including: 

  • Bank reconciliation efficiency and automation 
  • Inventory management 
  • Automated receipt scanning 
  • Group company consolidated 
  • Third-party integration 
  • Industry-specific functionality (like monitor fund balances for Charities, Amazon & Shopify Integrations) 

Want a direct API integration to Xero, Zoho Books & Quickbooks – with bespoke integrations? Contact Spondoo Accountants now! 

The perfect committed accountants – Get full-time support  for startup accounting services

We offer fast and responsive support to our clients. We will guide and support you, depending on the specifics of your problem. Call 02033259341 for a  free consultation. You can also email us at info@spondoo.co.uk for queries on accountants for startups. 

 

more tips

Can You Claim Food as a Business Expense?

The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.
READ MORE

Self-Employed National Insurance Class 2 and Class 4 Rates

If you are sixteen and over, self-employed (sole trader or in a partnership) and making a profit befitting the ‘small profits threshold’, you are liable to pay national insurance.
READ MORE

Key UK Personal Tax Year Dates & Deadlines 2021/2022

Are deadlines creeping up on you? Spondoo is here to ensure you keep on top of things and take control again. These are the important dates you should take note of.
READ MORE

How To Set Up A Limited Company 

A Step-by-Step Guide  This is an easy-to-understand, step-by-step guide, to opening a successful limited company. But before we dive in, let’s check the legality surrounding it. 
READ MORE

Accountants in Haslemere, Surrey

We are qualified accountants providing personal and professional services for start-ups, established companies and individuals in and around the Halsemere area in Surrey. With the rise in technology, we have embraced the digitisation of accounting using efficient digital accounting tools to offer reliable services to our customers. Our goal remains to get our clients the best accounting and taxation services at the most affordable rates.
READ MORE

Onsite Canteen and Lunch Vouchers - Are They Taxable?

The provision of food and drink to an employee by their employer is a lovely thing to do. Eventually, it promotes teamwork, loyalty, a sense of belonging and even improves productivity. Taking it at face value makes it look like a simple act of kindness. However, unless it is done correctly, it can cause tax and national insurance compliance issues for the employer.
READ MORE
1 2 3 26
LEARN MORE
Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.

4.9

Arnie Ayton accountant ratings on VouchedFor
Arnie Ayton accountant ratings on VouchedFor
© Copyright 2020 - Spondoo - All Rights Reserved
How, can we help?
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram