Small Business Accountancy – Reasons Why Affinity is the Leader

Small Business Accountancy – Reasons Why Affinity is the Leader

When you are finding the best Small Business Accountancy company in the UK on Google, you will find thousands of results. But finding an accounting firm that is just right for you among them is real hard work. You have to find a small business accountancy company that not only fits your requirements, but you also have to ensure that the company is offering accounting services within your budget. This means you have to find a company that offers premium quality accounting services at affordable rates. Well, then you should refer to this blog that has tips on finding the best accounting firm in London.

How to Find the Best Small Business Accountancy Firm?

Below are the rules/tips that you should follow to find the best small business accountancy practice in the UK:

1] Fees: Always consider before hiring a company
2] Experience: What is the experience of the resources that you are about to hire
3] Certification: Are the accountants certified or not?
4] Availability: Are the resources available to finish your task within the given time frame
5] Communication: What are the modes of communication available
6] Goal: Are you meeting your end goals after hiring the top accounting firms in London

No matter whether you are a pro-player or a newbie, kindly follow these tips to find the trusted and reliable accounting outsourcing services provider near you.

What is the cost of accounting services in London?

To be honest, the cost of accounting services in the UK depends on many factors, including the type of work, the number of resources required, the type of business, and more. For an approx. the idea about how much-outsourced accounting and bookkeeping services will cost your business, you can refer to this pricing and packages page on our official website. The average cost of hiring an accountant may vary from 10 GBP to 100 GBP. However, there are some top accounting firms in London like Affinity Associates that is offering the best small business accounting services in London at unbelievable prices.

Why Affinity Associate is among the top small business accountancy firms?

Affinity Associates is among the top-rated small accountancy firms in the UK with more than 40+ years of industry experience. Below are a few reasons why Affinity Associates is the top accounting firm in London, and they are:

  1. Best Accountants: Affinity Associates has the team of the most talented accountants in London to offer the most UpToDate small business accounting services in London, UK.

 

  1. Industry Presence: With more than 40+ years of industry presence, Affinity is among the top players in the field of small business bookkeeping and accounting in the UK.

 

  1. Affordability: At Affinity, affordability doesn’t mean compromising the quality of work. You get the best services at unbelievable prices. You can verify it by clicking here https://bit.ly/3FQ3D3n.

 

  1. Updated Infrastructure: Affinity Associates loves to stay updated with the trends. From working stations to office infrastructure, Affinity adopts and implements the best and newest in the market available.

Affinity Associates is among the best small business accountancy services providers in London that offer all the services you need to ensure the smooth functioning of your business. To learn more about the list of services offered by Affinity Associates, please click here.

Also, to learn more about the pricing packages for your business, please click here https://bit.ly/3FQ3D3n. For a free consultation to discuss your requirements, please call Affinity at +44-20-8903-2077.

Don’t know how to file taxes in the UK? Follow Tips from Small Business Tax Accountants

Don’t know how to file taxes in the UK? Follow Tips from Small Business Tax Accountants

For small business owners like you and me, understanding income tax can be a tricky process. That’s why our expert small business tax accountants in London can help you with some really useful tips. Moreover, along with the tax bands, there are plenty of other rules and regulations that we need to follow and comply to stay away from any sort of penalty from the UK tax department. Whether you are an entrepreneur or a small business (belonging to any industry/domain), then this blog will help you understand how to file taxes in the UK. Here we have penned down some useful tips by the top-rated small business tax accountants in the UK.

Every country has different tax bands for businesses and individuals who are earning above the decided threshold. Similarly, in the UK, there are different and predefined sets of rules that determine how income tax is collected. Tax bands in England, Northern Ireland, and Wales slightly vary from rates in Scotland. However, if you are new, then the team of UK small business tax accountants is here to help you educate and understand what tax is, what are tax bands, and how to file taxes in the UK.

What is the income tax system in the UK?

Just like other countries, the United Kingdom also has a predefined and clear income tax system in place for its citizens and businesses (and everyone who earns in the UK). The amount that you pay as a tax to the UK government is utilized in providing basic facilities and security. The tax that you must pay totally depends on the income you earn annually.

There may be a single or different source of income for you, and based on your source of income, there are different ways income tax is collected including the following:

  • For salaried employees is Pay-as-You-Earn (PAYE)
  • For independent professionals or freelancers is a Self-assessment UK tax return
  • Deductions at source, where tax is taken from the bank/building society interest before the interest is paid to you
  • In some cases, one-off payments

If you have any questions/doubts, then you can get them resolved by communicating with Small Business Tax Accountants at Affinity Associates. The latter is one of the leading Tax Accounting Services providers in the UK.

Who must pay income tax in the UK?

Both, residents and non-residents (earing in the UK), have to pay income tax within the country. According to British Lawn, you are eligible to pay tax if you:

  • If you stay in the UK for at least 183 days during the tax year
  • Your main home is in the UK, and you have owned, rented, or lived in it for a total of at least 91 days, including 30 days in the tax year under consideration
  • You work full-time in the UK for any period of 365 days with no significant break of 31 days or more. At least 274 of the days must be in the tax year under consideration.

Learn How To File Taxes From Small Business Tax Accountants in London?

Most UK citizens who fall under the predefined tax bands pay their tax via the PAYE system. Pension providers and employers use PAYE to deduct income tax and other applicable charges before they pay pensions or wages. You can refer to your pay slip or income statement for more details.

Self-Assessment Tax Returns

Last year, approximately. 11.5 million people in the UK filed a self-assessment tax return. You can also file a self-assessment return if you fall under the defined criteria such as:

  • If you are self-employed and earn more than £1,000 per year
  • If you are in a business partnership
  • If you are earning more than £1000,000/annum as an employee or pensioner
  • If your claim child benefit and your income (or your partner’s income) is over £50,000
  • If you are earning over £2,500 from other untaxed income such as rentals, investments, foreign sources, etc.

What is the deadline for self-assessment income tax in the UK?

If you are salaried or if you are receiving a private pension, your company or pension payer will pay applicable tax to the government. However, if you are self-employed or need to claim additional income or tax refunds, then you will have to file a self-assessment tax return and pay your own UK income tax.

The deadline to register for self-assessment in any tax year is 5 October of the following year. So, if you want to be evaluated as a sole proprietor for 2021–2022, for instance, you have until 5 October 2022 to register. You must file your returns before 31st October 2022 (if you are doing so on paper) or 31st January 2023 if you are filing online. If you need any help in tax preparation, tax filing or anything related to maintaining your accounts and books professionally, then please feel free to contact us for help and support.

How small business tax accountants in London can help?

Small business tax accountants can help you in a number of ways such as:

  • Manage your accounts
  • Manage your books
  • Prepare VAT
  • Filing of VAT
  • Offer financial advice
  • Preparing financial report

The role of a small business tax accountant is not confined to just offering you professional accounting services, they can help you will almost everything related to your company’s finances and taxes. So, if you are not well-versed with the UK tax rules and compliances or find it tough to manage your company’s accounts on your own, then get in touch with experienced small business tax accountants in the UK at Affinity Associates. The latter has a team of UK small business tax accountants to help you focus on your business activities.

If you want to learn more about Affinity Associates, how it can help, what are the charges of accounting services, and what other services are offered by Affinity Associates, please check out our official website.

For daily updates, you can also like us on Facebook and follow us on Twitter.

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Small Business Tax Accountants and Accounting/Bookkeeping Outsourcing Rates in the UK

Small Business Tax Accountants and Accounting/Bookkeeping Outsourcing Rates in the UK

Your business is growing, and so are your business transactions. Managing your business transactions and other financial data accurately along with the other business activities may feel like a daunting task to you. Instead of overburdening yourself with an unnecessary workload, it’s time for you to contact certified small business tax accountants nearby or from across the United Kingdom.

There are plenty of accounting outsourcing services providers in London like Affinity Associates which has a proven track record of offering the most professional outsourced accounting services to small businesses in London and nearby areas such as Staines, Leatherhead, Weybridge, Chertsey, Caterham, Dartford, Uxbridge, Harrow, Watford, Enfield, Loughton, Brentwood, and Romford.

Thus, if you are UK small business enjoying exponential growth after the COVID19 pandemic and require a certified accountant in London to manage your company’s financial data, then let’s discuss your requirement over a free consultation call. At Affinity Associates, we also offer a free one-month consultation if you want to try our services before moving forward.

What type of accounting-related tasks can be outsourced?

Small business tax accountants are skilled to take care of any task related to accounting and bookkeeping. However, if you are new to the term outsourced accounting services, and want to know how it works and what type of accounting-related tasks you can forward, then kindly refer to the below list:

  1. Accounts Receivable/Accounts Payable Management
  2. Bookkeeping Services
  3. Drafting Financial Statements/Reports
  4. Controller Services
  5. Financial Planning and Analysis
  6. Cost Accounting
  7. Fraud or Forensic Accounting
  8. Tax Reporting and Filing

 

You can hire an UK accountant or a team of tax accountants depending on the volume of the work you have in your organization. Compared to hiring an in-house team of accountants and bookkeepers, outsourced accounting services are way too affordable and easy to access. For a list of services offered, you can also click here.

What are the outsourced accounting and bookkeeping rates in the UK?

Well, the average cost of outsourced accounting and bookkeeping services depends on many different aspects. Such as the type of company you contract, the number of resources you hire, the volume of work you have, and more. However, if you still want to know then it may range from £8/hour to £16/hour. Affinity Associates is offering a free quote and a one-month trial of their accounting outsourcing services in the UK.

Should I Consider Accounting Outsourcing Services?

If you are overloaded with a lot of business tasks and want to offload yourself so that you can focus on core business activities, then yes should definitely consider accounting outsourcing services. Outsourced accounting services not only offload you and offers you free time, but also help you boost your profit margin. Below are some more benefits that you can enjoy if you consider Accounting Outsourcing Services in the UK:

  1. Cost-Saving
  2. Eliminate Time and Costs of Hiring Processes
  3. Saves Your Time
  4. Access to Expert Accountants and Bookkeepers
  5. Scaling Accounting Easily
  6. Access to the Latest Technologies
  7. Free Account Advisor

Free Consultation with Small Business Tax Accountants in the UK

A professional and certified tax accountant can take your business to newer heights. If you are interested in learning more about how a certified tax accountant can make your organization flourish, get in touch with an expert, today. Check out the list of accounting and bookkeeping services we offer to UK small businesses at the best price. To try our services for free (one-month trial), you can call us at +44-20-8903-2077 (London). Let’s get connected over social networks – like us on LinkedIn and Facebook for daily updates.

Small Business Tax Accountants UK – Hire the Best at Affordable Prices

Small Business Tax Accountants UK – Hire the Best at Affordable Prices

Taking help of Google to find top-rated small business tax accountants around you? Do you need a tax accountant who can help you with tax preparation, tax planning, accounting, bookkeeping, and anything related to your company’s finances? Well, then it’s time to contact Affinity Associates.

Based in London, Affinity Associates is the best small business accounting firm that offers the most professional accounting and bookkeeping services at affordable prices. At Affinity, we have a team of certified and skilled professionals who are well-versed with the latest tax compliance and rules in the UK. When you contact us for small business bookkeeping and accounting services, you can rest assured about 100% professional and UpToDate services will be loved by you. Moreover, we also offer a free one-month trial of our services so that you can judge our potential before getting into any service contract.

However, here are some of the most common questions people ask before hiring a team of small business tax accountants, and they are:

Should I hire a small business tax accountant for my small business?

Yes, of course. You can definitely hire a small business tax accountant for your business if you are occupied or need professional services at affordable prices. A tax accountant will take care of all the finance-related tasks so that you can stay focused on core business activities.

Is it affordable to hire a small business tax accountant?

It totally depends on your requirements. But, overall, hiring a remote tax accountant is affordable than hiring a full-time in-house resource. Moreover, you enjoy professional services at the fraction of the cost.  If you have any questions related to pricing or hiring a tax accountant, please refer to this page https://bit.ly/3qpm2yt.

Are small business tax accountant services for entrepreneurs and startups?

Yes, everyone can benefit from professional small business tax accounting services. Whether you are a startup, an entrepreneur, or an established brand, you can contact an outsourced small business tax accounting company to take care of your company’s finances at affordable prices. Here’s the list of services offered https://bit.ly/3JmOhGu.

What type of services do an outsourced accountancy firm in the UK Offer?

An outsourced accountancy firm in the UK offers a wide range of services such as:

  • Bookkeeping services
  • Accounting services
  • Payroll services
  • Tax Preparation services
  • VAT preparation services
  • VAT Online Filing services

For more, here’s the complete list of services you can expect from an outsourced accountancy firm in the UK.

Have Some More Questions Before Hiring Small Business Tax Accountants in The UK?

If you have any more questions before hiring small business tax accountants in the UK, then please refer to this web page https://www.affinityassociates.com/useful-links.

You can also email us your questions at info@affinityassociates.com or call us at +44-020-8903-2077 for a free consultation. Let’s get connected over social networks – like us on LinkedIn and Facebook for daily updates.

Here’s the Best Time for Young Entrepreneurs and Start-ups to Hire Small Business Tax Accountants in the UK

Here’s the Best Time for Young Entrepreneurs and Start-ups to Hire Small Business Tax Accountants in the UK

Are you a young entrepreneur or a small business in the UK with big dreams? Then, to grow constantly and steadily, you need to keep a check on plenty of factors such as business operations, finding new prospects, and most importantly, business accounts. If you are at the growing stage, then you can spare time to take care of your books and accounts, but if you are getting engaged then it advisable to hire an experienced small business accountant in the UK to help you manage your books and accounts professionally. For young entrepreneurs and start-ups in the UK, here are some stages that demand the assistance of professional small business bookkeeping and accounting services, and they are;

Hire Accountants to Set Up a Corporate Structure: During the starting stage, you can efficiently manage your books and accounts, but as the business grows and financial transactions increase per month, you will have very limited time to focus on your business accountants. Moreover, you cannot afford a single error as it can lead to some extra fines from the government. Therefore, if you are planning to set up a corporate structure, then it is always advisable to let a professional handle the job in their ways. Hire a UK-based small business tax accountant with having an in-depth understanding of the UK tax system.

Based on the complexity of your business and your future goals, you need to consult an experienced tax accountant to define the path. Operating as a limited company can give you more flexibility around paying yourself and potential tax implications.

Hire Accountants for Statutory Accounts and Tax Returns: Managing your books and putting together your annual set of accounts is a complicated process that demands the work of a professional. While managing your company’s accounts, it is necessary that you don’t make any mistakes, or else you may have to face fines and an administrative burden. Hiring small business accountants in London to finish and file those set of accounts can save you a huge amount of time and money. Moreover, it can also help you accurately classify tax-deductible expenses.

Hire Accountants for Cash Flow Forecasting: Cash is the lifeline of any business. You will need cash at every step of your business, thus maintaining cash flow and forecasting the cash flow will keep your business protected from the financial crisis. To accurately maintain the lifeblood of the business, you will need the help of small business accountants who can forecast and save you from the shortfalls. Moreover, cash flow forecasting will help you achieve your financial goals and set new business milestones.

 Hire Accountants to Get Access to Best Finance Options: When you are a young entrepreneur or start-up, there are chances that you may need some kind of loan from the market such as conventional loans, equity finance, and more. A UK-based accountant will have access to all the finances available for you in the market; thus, he can suggest you the best options based on the type of your business and annual turnover. They can also work with you to put together an application and any supporting paperwork to maximize your chances of accessing growth finance.

Hire Small Business Accountants in the UK

If you are a young entrepreneur or a start-up in London, UK, then as a general rule of thumb, it is always a good practice to leave the accounting and bookkeeping to professionals. It will make sure that your finances are in safe hands. Moreover, with cloud bookkeeping services and cloud accounting services in the UK, it has become immense easy for small business accountants to manage your company’s account from anywhere and provide you support all the time.

To learn more about small business accountancy services or to hire small business tax accountants in the UK, please feel free to contact Affinity Associates at www.AffinityAssociates.com or call us at +44-20-8903-2077 for a free consultation.

Small Business Tax Accountants – Hire Experienced Tax Accountants at Truly Affordable Prices

Small Business Tax Accountants – Hire Experienced Tax Accountants at Truly Affordable Prices

We understand that it’s not always easy and feasible to efficiently manage your business operations and accounts at a time. If you spare more time on your business operations, then you won’t be able to manage your accounts on time, and if you focus on books and accounts, you have to spend more time in the office to finish your pending business tasks. This juggle between the business operations and business accounts may sometime lead to confusion and reduce your efficiency, so it’s better to hire small business tax accountants in London from an established accounting firm such as Affinity Associates.

Affinity Associates is one of the most reputable accounting firms in London. They have a team of experienced and certified tax accountants to help small and medium-sized businesses in efficiently managing their books and accounts without any errors or fear of missing any official deadlines. Your business accounts and books will be managed professionally so that you can easily go through your finances to take detailed business decisions.

The team of small business tax accountants at Affinity Associates is highly skilled and well-versed with all the latest tax laws and regulations announced by the HMRC department and the UK Government. Hence, you don’t need to worry about lagging when it comes to efficiently managing your books and business accounts. When you decide to work with Affinity Associates to manage your accounts and books, you automatically put your business in the fast lane. There are tons of advantages to hiring a small business tax accountant.

When you hire small business tax accountants in London, you save yourself a lot of time and effort that you were investing in managing your accounts and books. You can now invest that time and energy in productive business activities that can lead to business expansions. Moreover, but offloading yourself, you will also have enough time for your family. Tax accounting-related tasks are full of responsibilities, and they also play an important in your business success and stability, thus it is highly advisable to hire an expert who can manage these time-consuming tasks most professionally.

The team of small business tax accountants in London not only helps you save time and energy, but they also offer you valuable business advice. London based Small business tax accountants are highly experienced; hence, they are capable to offer you advice on everything from financial acquisitions to day-to-day business operations. They can look at the numbers and offer advice to help your business succeed long term.

Contact Small Business Tax Accountant for a Free Consultation

If you are a small or a medium-sized business owner looking for experienced small business tax accountants at affordable prices, then we invite you to contact us for a free consultation https://www.affinityassociates.com/contact-us/. Moreover, you can also try our accounting and bookkeeping services before you buy with a free trial of our process.

Reasons Why You Need Professional Small Business Tax Accountants in London

Reasons Why You Need Professional Small Business Tax Accountants in London

For any small business in London, tax preparation is a continuous process, and it should be maintained most accurately and efficiently. The way you manage your company’s finances decides whether you are going to get tax benefits or not at the end of the year. Thus, it is recommended that if you are not good at managing your accounts then hire experienced small business tax accountants to do the job. Here, we will discuss why your small business in London needs a professional tax accountant in London; and they are:

Tax Laws Are Complicated: Understanding business tax laws need years of study and tweaking them in favor of your business to get tax exemption required years of experience. For a common business owner, business tax laws are dreadfully confusing. There are lots of interrelated details, jargon, and a barrage of numbers which is extremely confusing to understand and implement. It’s easy to make an error – especially if you’re not trained to handle the complicacy of tax preparation. And, if you think that a single tax error is not a big deal, think again. Even a small error can trigger some real problems for you and your business, ending up paying thousands in penalties and interest. A small business tax accountant specializes in tax preparation without any errors. Tax accountants in London are well trained in tax laws, tax policies, tax provisions, and tax methods. The accountant knows what to do and what strategies must be applied.

Offers Time to Focus on Your Business: When you hire London-based tax accountants and handover them over all the accounts and tax-related tasks, you eventually free yourself from all those burdens and stress. You don’t have to spend time managing your accounts, understanding new tax laws, and figuring out ways for tax exemption. Instead of worrying over tax details every month or year, you can rely on a small business tax accountant to take care of important tasks. You can focus on your core business activities instead of worrying about tax details every month or year. Aside from extra time, you’ll have peace of mind because tax filing won’t bother you.

Maximize Deductions and Tax Savings:

There are approximately thousands of deductions and loopholes available to taxpayers, but if you cannot identify those loopholes then you will keep on paying tax and penalties. An experienced tax accountant has the proper understanding and can help you make the most of your deductions and saving by using his/her expertise.

Want to Learn More? Contact Affinity Associates, Today.

Tax accounting services can be extremely rewarding for small businesses in London and across the UK, as it has lots of perks over DIY tax accounting. If you want to learn more about tax accountants in London and how they can help you benefit from the modern tax laws, then please feel free to contact Affinity Associates today.

Affinity Associates is a small business accounting firm with years of experience in offering accounting and bookkeeping services to businesses in London, Harrow, and Wembley and also across the United Kingdom. To schedule a free consultation, please contact us at https://www.affinityassociates.com or give us a call at +44-20-8903-2077.

Small Business Accountancy: Small Business Tax Accountants in London You Can Trust

Small Business Accountancy: Small Business Tax Accountants in London You Can Trust

If you are a business in London taking the help of Google to find a certified tax accountant in London you can trust, then there are several factors to consider before you contract anyone and share your financial details. Businesses in London and across the UK require small business accountancy services that can provide services that small businesses need to grow and compete in their respective markets.

Small business tax accountants in London you can trust will allow you to focus on the core business activities while they will take care of all the tasks related to bookkeeping and business accounts. During the business expansion stage, entrepreneurs need to take care of the core sales activities, and having an experienced small business tax accountant on your side can let you do just that. Small business accountancy services or hiring small business tax accountants in London can provide you all the financial services your business needs.

From bookkeeping services to tax preparation to business planning, tax accountants you hire in London can offer all these things for your small business. Small business tax accountants who provide accountancy services to businesses in London have an in-depth understanding of all the tax-related trends and how to protect your business from tax and fines. This type of service will boost your confidence and help you take vigorous business decisions easily.

Small business tax accountants can help you in many ways. London based certified tax accountants have the latest software and the most up to date programs to ensure that your company complies with any regulation that may impact it. A small business tax accountant in London can also offer your business the flexibility of weekly and monthly services based on your changing requirements. They are always at your service and will take your call with any questions you might need to be answered. When you have the support of the trusted tax accountants in London, then it becomes easy for you to make decisions based on the information they give you. Confidentiality is another great benefit while working with an accountant you can trust.

Finding small business tax accountants in London that you can trust is not difficult with Affinity Associates. Take into consideration what you require from an accountant, the services they provide, and most importantly how you feel about an accountant you will be working with. Hiring a tax accountant for you are comfortable with and can trust is imperative. What can an accountant and his services do for your business?

If you are in search of London based tax accountants for your business to efficiently manage your accounts and books, then feel free to contact Affinity Associates at www.AffinityAssociates.com. In a free consultation, we will explain to you our services and how our team of accountants in London can play a crucial role in the growth of your business. To schedule a free consultation, please give us a call at +44 20 8903 2077 or email us your details at info@affinityassociates.com.

Small Business Tax Accountants London – Hire the Most Experienced Accountants for Your Small Business

Small Business Tax Accountants London – Hire the Most Experienced Accountants for Your Small Business

When you start a business, you do so because you have a good business proposition and the commitment to see it through. You might be an expert in all the aspects of your business, but you may not be an expert in the financial aspects of running a business; thus, you will often need an experienced small business tax accountant. If you are not skilled in financial aspects of your business then there’s no need to be and don’t divert your focus from your core business activities. Fortunately, there are accountancy firms in London like Affinity Associates whom you contact to hire experienced and certified small business tax accountants in London.

We have a team of small business tax accountants in London to take care of your tax and compliance issues in the most professional manner and to offer you the full records for HMRC. We are known for our accuracy and we will make sure that your numbers are right, and your returns are in on time. Along with highly professional accounting services in London, we also offer services such as bookkeeping, payroll, and VAT returns preparation and filling. We don’t just work with larger companies across the UK, but Affinity Associates is also a small business accountancy firm in London that champions the accounting needs of every size and domain. We know that a small business faces more challenges than more established businesses do not, and we are here to support them in maintaining their finances accurately.

What Makes Affinity Associates the First Choice for Small Business Accounting in London?

Affinity Associates has tons of good qualities when it comes to small business accounting services in London and across the United Kingdom. Professionalism and dedication of our tax accountants make them stand over the other service providers in the market. Here are some more reasons to hire tax accountants in London, and they are:

Chartered Status: The first thing is we are Chartered Certified Accountants qualified through the ACCA and ICAEW.  This means that we are held accountable for our actions; that means protection for you.

Big Enough to Care for You Personally: We are big enough and have enough staff to care about you and your business personally, and build a personal relationship with you. Additionally, we have the broad experience to offer you sound business advice your business needs to be successful. We’ve been working with small businesses for years and this accounting and business experience is there for you too.

With You All the Way: We are always with you through thick and thin; we’re not going to bolt just because we are not making the fee’s other accountants are.

Responsive to Your Needs: We are responsive and we are available 24*7. We are not like other small accounting services providers who want to see you once a year to sort out your tax return and annual accounts. Just call us and find out.

Full of Character: We hope you’ll find our character, that of our company and the individuals in it, are a match with you – spirited and entrepreneurial. We are going to have to get along and trust each other for this to work.

An Established Small Business Accounting Firm in London

For years, we have been into the business of providing accounting services to small businesses in London and across the UK. There are plenty of small business accountancy firms in London from where you can hire experienced small business tax accountants, but we’ve been helping small businesses and start-ups for close to 10 years – so we must be doing something right!

Our team of small business tax accountants in London has a better view of all the businesses and financial affairs which in turn makes our recommendations and business advice more focused and effective. Why not call us on +44-20-8903-2077 to arrange a first, no-obligation, meeting with one of our tax accountants in London, UK. That way we can both get to know each other and your needs for a London firm of small business accountants a little better. You can also visit our website to learn more about our services https://www.affinityassociates.com.

Car on Business name or personal name? Contact Small Business Tax Accountants in London

Hire Top Accountants in London UK - Affinity Associates

Typically, small business owners always look for tax benefits while buying a car as they cannot afford to keep separate cars for Business and personal use. HMRC understands that and allows personal use of cars taken under business name. But these can only be beneficial if your annual mileage is above 14,500 miles. If you use traditional accounting and buy a vehicle for your business, you can claim this as a capital allowance. If you use cash basis accounting and buy a car for your business, claim this as a capital allowance as long as you’re not using simplified expenses.

If your mileage is below 14,500 miles, then perhaps it is advisable to buy car on personal name and claim mileage. However, this is tedious too, as you will be required to keep record log for your journeys.

Interested to know more? Watch out for our latest blogs and follow us on LinkedIn and Facebook or contact us at info@affinityassociates.com. Through our blogs, we will provide you some really useful insights on how you and your business can benefit from tax loopholes.

So, what to do? Well come to Affinity Associates and we can guide you in the right direction. Affinity Associates is one of the experienced tax accountants in London that serves clients from all over the UK. We have a team of certified and experienced tax accountants in London, who are hardworking and well-versed with the tax compliances in the UK. You can contact our tax accountants in London for any sort of tax advices and tax accounting work.

To learn more about our small business tax accountants in London, and how they can help you, please call us at +44-020-8903-2077 or visit our website at https://www.affinityassociates.com. We will be more than happy to assist you.