Accountancy & Tax In Hampton

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 Hampton, it makes sense to use Accountants or Bookkeepers also based in Hampton. Local accountancy firms that are prepared to help small business and new business start ups in the area are listed below.

Free Accounting Resources

We are keen to share as many useful resources with you as we can but please note that one-time registration is required to unlock all of the free items on this site.

Personal Survival Budget

Personal Survival Budget Planner (Free)

Worrying about paying your personal bills will distract you from the running of your business. This template will help you to identify how much you need to make to cover your outgoings. Use in conjunction with your cashflow forecast to ensure that your projected income/expenditure takes this into account.

Cashflow Forecast Template
Cashflow Forecast Template (Free)

An easy to use template. Instructions are included - all you have to do is unput your figures and the spreadsheet will perform all of the calculations for you. A great way of assessing the finances of your business over the next 12 months.

Download xls Download zip
Business Plan Template
Business Plan Template

One of the most important steps but is often ignored. This document will provide you with a clear road-map for your business and ensure that you have considered all of the key issues whether you need to borrow money or not.


Main Accounting Considerations

Main Accounting Considerations

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 primarilly 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

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, or You expect your taxable turnover to exceed the VAT threshold within the next 30 days, or 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 £82,000; if your turnover is below the registration limit, you can choose whether to apply for voluntary registration. The standard rate of VAT for 2015-16 is 20%.

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

Accountancy Articles

If you run your own business in Hampton and would like to learn more about accounts, bookkeeping, National Insurance, or VAT, we have compiled a library of useful resources and frequently asked questions which we hope that you will find both interesting and useful.

Latest Articles

Hampton Accountants

Useful Start-Up Resources
If you can help new business start ups or existing small businesses in the Hampton area, we would love to promote you here free of charge. (Add Your Business)

Free Tax E-Learning Course (HMRC)

Working for yourself? Got a lot of questions about tax, National Insurance, business records and expenses? If so, this HMRC e-learning course is for you.


Chartered Accountants (est. 2002) serving small businesses. Initial free consultation at client's premises, if required. All aspects of tax and accounting catered for. Monthly payment plans.

Artema (Goal Centred Accounting) Limited

Goal Centred Accounting means you're not just getting the books done, the taxes paid, and staying on the right side of the HMRC. It means you are happy, fulfilled, thrilled with life and your work, and you have the time to do what you love. You're stepping closer to your destination every day of your life. But without goals, that destination is simply the default, or the unknown. Let us help you define that destination, and get there one step at a time. Grow Your Business with Artema today. We are a local Hampshire accountants with clients worldwide. Why not give us a call to find out how come more than 90% of our clients rate our customer service excellent?

Budgeting for your first self-employed tax bill

When you start working for yourself, you do not get your first tax bill for a while, so it may help your budgeting to start putting money aside now. The ready reckoner tool can help you with this. It shows you roughly how much money you might need to meet your Income Tax and Class 4 National Insurance bill. It doesn't take into consideration any Payments on Account you may have to make.

Butterford Accountancy Services

Qualified accountancy practice specialising in small businesses and offering an overall business advisory service. We providing support throughout the year, not just when you need to submit forms or have a problem!

Ellingsworths Chartered Certified Accountants

Ellingsworths Ltd Chartered Certified Accountants provide a high-quality, specialist and personal service to UK Construction Businesses and their Owners. We combine clear advice and great customer service to give a complete specialist accounting and tax solution. We give UK Construction Business Owners the advice & information they need to grow, control & manage their businesses. We help them save money on taxes and comply with financial reporting regulations. If you're a small business owner in construction, or a self employed construction professional you'll need to keep track of your finances, prepare annual accounts and stay on top of your tax returns. Using Ellingsworths as your specialist construction accountant is the best way to achieve a high standard of expert, hassle free service at an affordable fixed monthly fee. Relax knowing everything is taken care of, you're fully informed and you can concentrate on bringing in business and delivering for your clients.

Online seminars for businesses and the self-employed

HM Revenue & Customs (HMRC) offer a series of free online presentations or

Quick Formations

Looking to set up a new company, we can offer a full company formation service from only

Simple record keeping applications for mobile devices

To help small businesses with record keeping on the go, the commercial software industry, following consultation with HM Revenue & Customs (HMRC), are producing simple record keeping mobile applications for businesses below the VAT threshold. These applications may help you with maintaining good records and include links to HMRC guidance related to record keeping that you may find useful. The majority of these applications are free.

Walsall Accountancy

Small business specialist. Services including self assessment tax returns,company accounts,bookkeeping,CIS returns,vat,home visits, inexpensive rates.

Why choose a single accountant when you can choose a team

Members in practice (MiPs) are chartered global management accountants in professional practice. They provide accounting services to businesses, but are not direct employees of these businesses. We will work together to achieve your goals, we support each other using our strengths to best advantage. You might only need one of us at first, but it's reassuring to know that when you need specialist advice you can access our full team. There are 1,400 members in practice in the UK.

ABDS Accountants and Auditors
Starting a new business can be a daunting prospect. We at ABDS are there to help from the outset. Starting with a practical proactive advice, producing a business plan, forecasts and provisions for growth, but it all starts with a free initial meeting to discuss your new business. So if you need a friendly, proactive, efficient and reliable accountant, call us now on 023 8083 6900 or email on Tel: 023 8083 6900

ACCOTAX- Accountants & Tax Consultants
Accotax Is One Of The Uk Low-cost, Fixed Fee Accounting And Tax Consultancy Firm Based In Mitcham, London Serving Clients From All Over The Uk. we Offer Our Clients Friendly, Reliable And Stress-free First Class Professional Services By Equipping The Best Possible Solutions & Techniques, Resulting In More Profits With Less Tax Bill. we Don't Only Help You With Your Accounting And Taxation Matters But Also Focus On Other Vital Areas Of Your Business. Tel: 0203 4411 258

Accountability was formed in 1992 to provide quality accounting services with a focus on personal attention to small and medium sized businesses. We offer a range of products and services which enable you to choose the level of support you need to operate your business successfully. 303 Solent Business Centre, Millbrook Road West, Southampton, SO15 0HW Tel: 023 8077 4869

Ahead 4 Figures Ltd
Free advice for start up companies Free, no obligation quotes Out of hours contacts Polish speaking member of staff. Tel: 023 8086 4724

AJB Accountancy
Accountancy, Bookkeeping, advice... Tel:

Alan Rhodes - AIMS
Accounting and Bookkeeping Accounts and Bookkeeping Statutory Accounts Personal and Corporate Tax Returns and tax planning VAT and payroll services Tel: 01604 781115

Approved Accounting Limited
We are a family run firm of accountants with a refreshing approach to accountancy. We look after businesses in Hampshire, Surrey, West Sussex, London and beyond. Our emphasis is the promotion of online accounting for small businesses, as this offers huge time and cost saving features. We will give you an all-inclusive service for a fixed monthly cost. We aim to take the hassle away from you, leaving you free to run your small business and make money! Contact Jon or Trevor Green today on 01730 823000. Tel: 1730823000

Apto Accounting
We are a firm of qualified accountants with over a decade of experience of providing tax, legal and accountancy advice to professional contractors and small businesses. Tel: 02080 350 320

Are You An Accountant
Seahorse (UK) Limited offers a range of services to accountants and bookkeepers. Whether you are thinking of starting your own practice, have recently started, or are in practice and are looking for a new direction. We aim to give you the support you would expect from a franchise but without the tie in, so you can be free to run your practice the way you want to. Tel: 01268 417631

Atkinson Accountancy Limited
Atkinson Accountancy is a boutique firm of Chartered Accountants based in Southampton, Hampshire. We offer a fixed fee service and free instant online quotes. - Limited Company Accounts from 399. - Personal Tax Returns from ???99 Tel: 2380432514

Black & White Chartered Certified Accountants
We are a small firm of proactive Chartered Certified Accountants with offices in Alton, Blackfield and Southport. We specialise in owner-managed businesses, business start-ups, small-to-medium sized companies and self employed individuals. We also provide personal tax services and tax planning advice to individuals. Business and personal clients alike appreciate our honest approach and excellent quality of service. Tel: 02380 180810

C Humphries Bookkeeping & Accounts
Offering a friendly, professinal and reliable bookkeeping and accountancy service for individuals and small businesses. Tel: 7790635746

CFW Chartered Accountants
CFW are a friendly firm of Chartered Accountants serving clients in Northamptonshire and beyond, including Corby and Kettering. We are pro-active advisers with services tailored to your specific business needs. Our Partners and staff are very experienced in new business start up's and are always available to guide and advise you in achieving your goals. Tel: 01536 713555

Clere Counting
Clere Counting offers freelance bookkeeping services for all sizes of limited companies. With over 7 years hands on experience of working on accounts in a variety of sizes of companies, from start up to established, I can carry all aspects of sales & purchase ledger work, credit control, banking, petty cash, and simple cash flow management. I am fully conversant with Sage, am AAT qualified, licensed via HMRC's money laundering scheme and also fully insured. If you have any questions, just drop me a line, I am happy to help and advise. Tel: 07816 416990

Counting Beans Accounting
A cost effective, friendly practice offering the full accounting service from sub-contractors to limited companies. Book-keeping services, VAT and CIS returns, management accounts, payroll. tax returns, company submissions. Tel: 023 8086 0637

David Hancock & Co
Can help Start Ups, Company Formations, Smaller Businesses, Growing Businesses, Larger Businesses, Businesses Requiring Audits, Our Clients, Tax Return Only, Charities, Property Letting. Webb House, 20 Bridge Road, Park Gate, Southampton, SO31 7GE. Tel: 01489 885772

DNG Dove Naish
DNG Dove Naish Chartered Accountants and business advisers. We are here to help - to understand your needs, to listen to your concerns and then to provide services which fit your particular circumstances. We've been advising businesses and individuals on their financial affairs for the last 50 years so we're good at what we do and we know what we're talking about. Tel: 1604657200

We take a special interest in start ups whether you are a one person operation with no aims to grow or an entrepreneur starting out that wants help to make their business grow! So whether you need help with all the formalities of keeping books and the tax system or more pro-active business advice to help ensure your success, we'd like to help. Investing in the right advice when you start up will help ensure you are one of the successes and we have very attractive fee packages for start ups to ensure you can get all the help you need. If you'd like any or all of the following please talk to us... Fixed competitive fees; Unlimited phone support; Unlimited free meetings; A free tax review; Work on time, every time; All work 100% guaranteed; To make more profit; To pay less tax; Someone to sort all your paperwork; An accountant who speaks plain English. Tel: 1933628272

First Booked
First Booked specialise in accurate bookkeeping services for small businesses and medium businesses, covering all aspects of sales and purchase ledgers including bank reconciliations, management reports, cash flow, online payments, VAT returns and payroll services. Tel: +44 7916267495

Local accountacy practice offers book-keeping, payroll, accounts preparation and taxation services for small and medium size business. Tel: 01604 479800

HKM Accountants
HKM Accountants well established company and leading with chartered certified accountants is an independent accountancy practice with 10 years of experience. We have a unique innovative approach to provide advice and accountancy services to small and medium size businesses. Tel:

Horswills Tax Accountants & Business Advisors
A leading firm of tax consultants based in Southampton. We provide all the accountancy and business advice you need. Perhaps you need help sorting out your tax affairs; are starting in business and need advice; want help to grow your business; or just need a friendly, proactive, efficient accountant. Whatever you need, you're in the right place. All clients are individual and we tailor our service to your needs Tel: 023 8032 4893

K G Book-Keeping
I offer a friendly reliable service for sole traders and small businesses. I can collect/deliver locally. I am an Associate Member of The Institute of Certified Bookkeepers and am fully insured. I offer special rates for new businesses and am willing to work with you closely in your first year. This will hopefully avoid stress and the box of receipts at the end of the year! Tel: 01903 715384

KinsellaTax Investigations
Are you under tax investigation by HMRC or want to do a voluntary disclosure? KinsellaTax Investigations act on behalf of taxpayers when locked in disputes with HMRC Tel: 0800 9999980

Mcalistair Accounting
McAlistair is a specialist accounting service, offering professional bookkeeping services throughout the UK. No Hassle, No Stress, Just Accounting! We offer clients a cost efficient and reliable solutions to PAYE, payroll, self-assessment, VAT, tax returns, year-end accounts and CIS returns requirements through our powerful computerised accountancy system. Our staff are fully trained operatives. We specialise in assisting small to medium sized businesses, including limited companies and sole traders, with all bookkeeping and accounting needs Tel: 8442726415

McTernan Associates Ltd
Chartered Tax Advisor with over 20 years experience in helping small businesses and start ups, I specialise in dealing with the self employed and small limited companies as well as handling Revenue enquiries and investigations. Accounts, book keeping services and business advice. Tel: 01327 810345

Moore Stephens
Moore Stephens provide a wide range of accountancy, tax and advisory services including financial solutions to businesses, entrepreneurs and individuals across the region. Our start up services include examination of business structure, accounting records and tax registrations. Tel: 01536 461900

Morris Crocker
Simple, accurate and cost effective accounting and tax planning for start-ups, entrepreneurs and small companies. Morris Crocker helps many local businesses get established so are well aware of the teething troubles you are likely to face in the early stages of your venture. Whether you are looking for help with bookkeeping, advice on VAT or someone to prepare your year end accounts or tax return, our services can be designed around you, and at a fixed fee cost so there are no hidden surprises. From the very start you will be looked after by one of our friendly and professional staff who will be there to answer any queries and see you meet your financial and legal obligations efficiently and on time. Alongside our accountancy services we can also help with preparing your business plan and sourcing finance where necessary, providing you with the right accounting software package, advice on the right structure for your business to maximise your tax savings and help with your payroll if you employ staff. If you would like to meet for a free obligation meeting to discuss your new business, please give Martin Southern a call on 023 9248 4356 or email: Tel: 023 9248 4356

N & B Bookkeeping Ltd
With over 10 years experience producing accurate, timely and professional accounting information for all kinds of businesses, you can rest! assured that your company's accounting information is being well looked after. We pride ourselves on our reliabili Tel: 07940 177277

N & B Bookkeeping Ltd
With over 10 years experience producing accurate, timely and professional accounting information for all kinds of businesses, you can rest! assured that your company's accounting information is being well looked after. We pride ourselves on our reliability and attention to detail, and we a always use the latest software and technology available. It is you, the client, who decides your requirements. Tel: 0800 0890 234

N & R Accountancy Services
Family run business specialising in SMEs. We offer a friendly yet professional service. Tel: 4.41E+11

Now Bookkeeping Ltd
Now Bookkeeping Ltd is a new bookkeeping company that focuses on what accounting requirements your company needs to help run your business. We can perform your accounting transactions on your accounting package or even on an Excel spreadsheet ready for your accountants to produce your year end filing requirements. If you do not have an accounting package we can recommend some online solutions for you. We can submit VAT declarations, perform your payroll, raise invoices and expense claims. In maintaining your accounts in a timely fashion it will give you control and an understanding on what money you have coming in and money your have to pay out. We can save you time by performing these transactions enabling you to focus on growing your business and fulfilling orders, give us a call to see if we can help you further Tel: 07411986348

Phipps Henson McAllister
We are a firm of Chartered Accountants based in Northampton and Banbury offering accounts, taxation, business advisory and support services to a wide range of businesses and individuals across Northamptonshire, Oxfordshire and surrounding areas. Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business but you do need the support of a team of trained experts. We can help. Just bring us your business ideas and we will help you to make them a reality! Tel: 01604 718866

Roger Smallman & Co
30a Bedford Place, Southampton SO15 2DG Established in Southampton since 1984 is Roger Smallman and Co. a small business accountants offering expert advice on taxation issues from VAT to Capital Gains Tax. Our members of staff have had several years experience within accountancy, working for national and local firms. Tel:

Sarah Sear Chartered Certified Accountants
Small, friendly firm of chartered certified accountants offering all aspects of accountancy and taxation work. We offer fixed fees that are very competitive. Tel: 01664 424298

Simpkins Edwards LLP
Chartered Accountants, Tax Consultants and Business Advisers Simpkins Edwards is a leading chartered accountancy firm in the South West with offices in Exeter, Barnstaple, Holsworthy, Okehampton and Honiton. We work with businesses and individuals in Devon, Cornwall, Somerset and beyond to provide accountancy services and much more.. We go far beyond traditional accountancy practices to offer consistently high quality professional advice and practical support across a broad spectrum of areas including tax planning, corporate finance, litigation support, business planning and development, audits, software advice and much more. Our in-house Payroll Bureau offers a complete payroll service to you which ensures the hassle of complying with the new Real Time Information (RTI) rules will be taken care of. Tel: 01392 211233

St Clair
St Clair is an accountancy firm with offices in Southampton and provides comprehensive accountantcy support and will visit clent's homes/offices free of charge in Hampshire. Tel: 02380 574 722

Stress Free Bookkeeping
Does bookkeeping give you a headache? Do you wish you could spend more time with your loved ones than with your invoices? StressFree Bookkeeping works with Xero to help your small business increase its profits and decrease its taxes, leaving you with more time and money to enjoy yourself Tel: 7708473823

Sue Aitken Accountancy
Providing bookkeeping, VAT, Payroll, CIS services for small and medium sized businesses. Part Time Accountant service. Acting Finance Director service. Please see our website for further information and pricing. All services tailored to your individual needs. Tel: 01903 24751

Tax Clarity
Tax Clarity is a small friendly firm of Chartered Certified Accountants based in Worcester Park that provides Accountancy, Bookkeeping, VAT, Payroll, Tax and other Business Advisory Services to a variety of individuals and business clients throughout Greater London and Surrey. The firm offers fixed fees and monthly payment plans. Tax Clarity acts for a wide range of different businesses, situated throughout the UK. Tel: 2083306999

The Accounting Company Northants Ltd
The Accounting Company Northants is a professional bookkeeping and financial management company that specialises in helping small and medium sized businesses in Northamptonshire and the surrounding area to succeed. We offer financial management at affordable rates giving businesses of all sizes access to levels of expertise that they would not previously have been able to afford. We believe in delivering a proactive service which ensures up to date financial information without the jargon so that you can understand how your business is performing. We Account for all your Business needs Tel: 0800 619 0324

The Payroll & Tax Accountants Ltd
The Payroll & Tax Accountants Ltd are affordable Accountants specialising in Payroll, Company Tax, Bookkeeping and other Accounting functions. Call us to arrange a free 1 hour meeting. Tel: 2380234759

TM Professional
Our Only Agenda is Your Agenda! When you work with us you will see we are more than the traditional 'audit and tax'. We design our services around you, to help your business grow and protect your profits. We are dedicated to offering unrivaled personal services with industry knowledge to our clients. With our unique service you will get all the expertise you would expect from the larger accountants plus a commercial focus that you would receive from business advisers. Everything we do is with you in mind and delivered with a personable and professional service. Tel: 01604 642 727

For all of your accountancy, auditing and taxations requirements "Through knowledge comes tax savings and asset protection!" Tel: 2392524140

Watermill Accounting Limited
At Watermill Accounting we provide Startup advice for new firms ,Accounting, Taxation,VAT and Bookkeeping services. Tel:

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