Accusolve is a UK accountancy practice with an AAT Licensed Accountant. We support new UK limited companies, including businesses run by overseas founders. We can help with the accounting and tax implications of your plans; legal structure advice, shareholder agreements and overseas obligations may need a suitably qualified adviser.
Before incorporation, we can discuss the accounting and tax implications of your proposed business and agree company formation administration. If you have already incorporated, we review the trading date, HMRC correspondence, existing records and approaching deadlines before agreeing the next steps. Formation alone does not cover all of your ongoing reporting responsibilities.
Once trading starts, we help agree a recordkeeping process and check the HMRC registrations relevant to your activities. Accounting software setup and ongoing bookkeeping support can be included where agreed. If you keep the books yourself, we explain which records are needed for the work we undertake.
These are common decision points, not a fixed package or timetable. We agree which stages and deliverables apply to your company.
| Stage | What we help with | Useful outcome |
|---|---|---|
| Pre-formation | Accounting and tax implications of the proposed structure; formation administration where agreed | Understand the records and registrations to plan for |
| Starting to trade | Check HMRC registrations, opening balances, software and a source-document process | An agreed approach to recording the first transactions |
| First VAT or PAYE decision | Review VAT registration requirements and PAYE obligations where relevant | Understand which registrations and records your circumstances require |
| First year-end | Annual accounts, Corporation Tax return and a separate check of any personal filing requirement | Review draft figures and approve the agreed filings |
| Growth and funding | Separately scoped management reporting, forecasts or finance support | Figures and assumptions prepared for an agreed purpose |
For an agreed year-end engagement, we review your bookkeeping, raise queries, prepare annual accounts and the relevant Corporation Tax return and computations, explain the draft figures and request your approval before filing. The accounts period and tax return period can differ in the first year, so we check both and explain the relevant payment and filing dates.
Directors remain responsible for the company's records and filings, even when an accountant helps. You need to provide complete information, answer queries, approve drafts and arrange tax payments. See GOV.UK's director responsibilities guidance. Bookkeeping catch-up, historic corrections and HMRC enquiries are separately scoped where required.
VAT registration support depends on your supplies, turnover and where the business is established; not every startup follows the same threshold rules. Payroll and PAYE support depends on the pay arrangements and relevant employer obligations. Both are agreed separately from routine accounts preparation.
We can review the tax treatment and records for salary, dividends, reimbursed expenses and director loans within an agreed advice engagement. A director's personal Self Assessment requirement depends on their circumstances and any HMRC notice; being a director alone does not automatically require a return.
If you need figures between year-ends, we can agree management accounts, financial forecasts or part-time finance support. We first agree the audience, available records and assumptions. These services are additional work, not included in every startup engagement, and do not guarantee funding or investment.
This illustrative example shows how a scope can be agreed. It is not a client case study or a fixed package.
A newly trading consultancy has one business bank account, sales invoices, expense receipts and money introduced by its director. The director keeps the day-to-day records and wants help preparing the first accounts and Company Tax Return.
| Stage | What is provided or agreed | Output to expect within this scope |
|---|---|---|
| Starting position | Company and trading dates, HMRC notices, bank statements, invoices and director-funding records. | A list of the records needed and the accounts, tax-return and payment dates to check. |
| Preparation | The director supplies complete records and answers questions about unclear transactions. | Draft accounts and the relevant Corporation Tax computation and return for review. |
| Approval and filing | The director reviews and approves the figures and remains responsible for arranging tax payment. | Agreed submissions and confirmation of the filing and payment next steps. |
Bookkeeping catch-up, VAT, payroll, personal tax returns and additional reporting need their own scope where required. Tell us which of these apply so the quote reflects the work you need.
We review your starting point, confirm the work and responsibilities, and agree the fee before starting. Record quality, transaction volume, employees, VAT, overseas activity and extra reporting affect the scope. Any backlog or specialist advice is discussed separately so you know what is included.
Tell us your company stage, activities, expected transaction volume, existing software and first filing deadline. We review the records and deadline before agreeing the work.
Your quote should identify the services and period covered, reporting frequency where relevant, the fee and VAT treatment, and any exclusions or third-party charges. Bookkeeping catch-up, earlier-period corrections and additional advice are agreed separately unless included. Confirm the scope and your responsibilities before instructing us.