We provide small business accounting services that you can trust.

For small business owners, it's very stressful to maintain both the day-to-day business work and finance. That's when small business accountants can help you.

Need someone to take the stress out of handling your small business finance and take care of numbers for you? We offer the small business accounting, bookkeeping and tax return services that you can rely on. If you are looking for small business accountants in London that are able to provide first-class advice in a very competitive cost, then contact 123financials.

Expert accounting advice for small business in London

With years of experience, our team can take care of your small business payroll, VAT, year-end accounts, corporation tax returns, and more. Our small business accounting service means you will get dedicated and experienced accountants to deal with all your accounting needs for a competitive price. We will come to you with advice to help you grow your business as well as ensuring you never miss any tax deadlines.

How do we help small business

We strongly believe that your time should be spent in growing your small business, that's why we want to take away the hassle of your business's accounts and finance with providing our accounting services which include:

• Management accounts preparation
• Bookkeeping
• Corporation tax calculation
• Corporation tax return
• VAT returns preparation and submission
• Payroll preparation and submission
• Statutory year-end accounts
• Tax planning and restructuring
• Self-assessment tax return and personal tax
• Other specialist tax advice and services

How our services benefit you

Expert onboard

Our expert small business accountants will offer support and advise on how you could make your business more tax-efficient to make running your business a breeze.

No more delays in payment

We will record all your expenses with accuracy so that you can keep on top of how much you have to spend in your small business. This will help you to make payments correctly and on time, whether you need to pay your employees or HMRC.

No errors or fines

We will help you avoid unwanted fines from HMRC by helping you file tax returns accurately and on time.

Keep track of cash flow

Our services mean it's easier than ever for you to see how much money your business is making and how much your small business have spare.

Excellent record-keeping

Our services will help you keep your records organized and up to date.

Accounting technology services

By making your accounting systems and software as efficient as they can possibly be, we will give you access to the information and insights you need to run your small business effectively. We will not only save your precious time but your money too! And it's available anytime, anywhere.

Why choose our small business accounting service?

We are different from other small accounting firms based in London because we appreciate the need for a personal touch of advice. We pride ourselves on our industry experience and knowledge, hardworking attitude, and flexible approach. We enjoy nothing more than spending time getting to know each business we work with by providing them with the best advice possible.

We do bookkeeping and tax simply

Complicated forms, tricky regulations and the fear of late fines can make managing your finances a very daunting task. At 123Financials we will help you file your year-end accounts, sort out your tax returns and VAT, advise you on workplace pensions, and make sure everything is up to date and submitted on time. We conduct regular tax efficiency reviews throughout your financial year, ensuring your small business is being run in the most tax-efficient way.

Our responsive services according to your needs

At 123Financials, we appreciate that when you work for yourself, every penny counts, so that's why we offer our services in a very competitive price based around your business' needs and budget. We will help you find out the ideal solutions with no hidden costs – ever! This will save you money in the long term.

Going the extra mile

It's normal these days to find a business which runs 9 to 5, and therefore we make sure that we're available anytime when you need us the most. That is why our lines of communication are always open, regardless of where your business is based.

Face to face meetings

Although most of the small accounting firms in London provide services online, we do enjoy meeting our clients face to face if required. This provides us with the opportunity to get to know you in your everyday environment to see your business in action and get a clear knowledge of your future ambitions.

FAQs

Why a small business needs an accountant?

An accountant plays an important role no matter what size of business you are. An accountant will ensure accurate bookkeeping, timely submission of tax returns, accurate payroll processing, and above all, providing you are the critical financial intelligence.

This intelligence is essential when making critical strategic decisions, like opening a new line of businesses, new sites, which market to grow and so on. Without proper bookkeeping throughout the year, it can be hard to analyze business performance, budget, forecast and report on the fiscal position of your business in order to make future decisions.

Having an accountant also makes your number look more credible in front of your investors.

Do you offer your services to small business only?

At 123Financials, we tailor our services to meet the needs of any size of businesses and help them to grow their business. From individuals to small business and established business, we offer a service that goes way beyond where most small business accountants stop. We will give advice on how to structure your business, plan for the growth, manage cash flow, build an efficient system and even raise capital for expansion. You don't have to take our words for it. Check our 5-star reviews on Trustpilot and Google.

What accounting services do you offer?

The services that we offer vary depending on the client's personal requirements. Generally, our accounting services tend to include bookkeeping, tax planning, annual reporting, consulting and more. Our list of services is not exhaustive, and we like to go above and beyond to offer services that are bespoke to our client's exact requirements.

We have a qualified team of accountants, CFOs, tax planners, and business advisors specialising in retail & wholesale, healthcare, eCommerce, manufacturing, construction, and professional service-providing industries. With proactive advice, accounting automation, and cloud-based infrastructure, we can help you standardise processes and increase efficiency in the long run.