Accountants Wokingham

Small Business Accountants in Wokingham

As a business owner the tax and accounting obligations can sometimes feel overwhelming. As fully qualified Chartered Accountants this is where we help you by combining our years of experience, expertise to provide an accountancy & tax service that works best for your needs – whatever they may be!

As a business owner the tax and accounting obligations can sometimes feel overwhelming. As fully qualified Chartered Accountants, this is where we help – by combining our years of experience & expertise to provide you with an accountancy service that your small-business needs for success!

We offer a wide range of accounting services for small businesses in Wokingham. From bookkeeping & preparation to payroll and annual accounts, our team will take care of all your business needs with cloud software that lets you focus on running it rather than fussing over numbers!

Limited Company Accountant

The needs of a Limited company are many and varied. From corporation tax returns to annual accounts, they come with their own unique set of rules that need attention if you want your business running smoothly without any hiccups along the way – which our expert accountants can help provide!

You might be wondering how your Limited company will pay you. This can come in many forms, including a combination salary and dividends or even just an upfront payment for services rendered to the company–our tax experts work with business owners on keeping themselves legal and efficient so that all aspects of their taxes are taken care off effectively.

The downside is increased paperwork compared to other types of businesses; we’ve got packages tailored specifically towards those needs! Whether it’s end-of year accounts preparation (with VAT!), director tax returns & bookkeeping. We can help you to stay compliant with Limited company tax and accounting affairs.

VAT Accounting 

Businesses in the UK with over £85,000 of turnover on a 12-month rolling basis are required to register for VAT. Many businesses who do not breach this threshold often voluntarily choose or need advice before registering their business as it enables them to reclaim any taxes they may have paid but were not aware was due at that time.

When you register for VAT, it is likely that your first quarterly return will be filed with a software system and then MTD compliance.

A VAT accountant is often the best option for businesses and small retailers who need help with their tax returns. We use cloud based software like Xero which has been Fully MTD compliant, giving you assurance that we’ve got your back while also simplifying things considerably! You may not know what rate will apply to certain purchases – some supplies are taxed at different rates than others making this complicated enough already without adding any more complexity on top. We have an experienced team of accountants who are happy to help you with your VAT affairs. They make sure that the business is compliant and avoid overpaying, too!

Bookkeeping Services Wokingham

At Raw Accounting, we believe that bookkeeping services are a critical part of the success for your small business. Getting things right at this stage can be crucial because done correctly it gives you an accurate and timely picture on what’s going on with regards to finances – giving both themselves (the company owners) as well as investors valuable information about their financial position within real time so there aren’t any surprises later down the line.

We can help make sure your bookkeeping is accurate and efficient. Our team of accountants will systemise the process for you, freeing up time so that running a business doesn’t feel like such an effort!

We’ve seen first-hand how well it works in improving small businesses’ overall finance functions: as standard included with all our packages are complete books for tracking transactions from beginning to end, giving peace of mind about what has been recorded accurately without any error or omissions on their behalf; plus they’ll have access to trained staff who know how important this data really is when managing finances at higher levels within organisations.

Cloud Accounting 

Cloud accounting like Xero provides an easy way to capture your business’s financial transactions to help you keep on top of things. It’s best combined with a receipt scanning app like HubDoc which extracts transaction data from invoices and receipts. For a small investment of around £20 per month cloud accounting it’s worth every penny.

We’re certified on a number of cloud accounting packages including Xero & FreeAgent so are well placed to advise you on cloud software setup.

Management reporting

Management accounts give business owners the information and insights they need to make accurate, timely decisions about their business. Making decisions without them is the equivalent of putting a blind fold on to run your business.

At Raw, our experienced accountants can help you to produce management reports that give you the information you need. Our management reports track your businesses key finances, along with some non-financial KPI’s to help keep your business on track.

Personal Tax Returns

Personal tax returns are required for those who are self-employed, most Limited company directors taking dividends or those with other sources of income such as landlords with rental properties. As expert accountants and tax advisers we can take the stress away from having to prepare your return, giving you confidence that they have been accurately prepared. We also help to identify all available allowances to optimise your taxes and reduce how much you have to pay HMRC.