At Raw, we're glad to offer accounting for startups.
We know how it feels to be a new start-up business with the drive to succeed – after all, we’ve been there. That’s why we love being able to provide startup accountancy services to small businesses, in order to help them achieve their own business goals.
We provide comprehensive, hassle free accounting services. From limited company formation, to opening your first business bank account, to raising finance, to taking care of monthly management accounts and much more, your own dedicated accountant will manage the money while you get on with making essential key business decisions and prepare business plans for the financial year ahead.
Book your free consultation call with our chartered online accountants today.
Why use our startup accountancy services?
When you choose us as your business startup accountant you benefit from:
In 7 days we’ll complete our company take on process, register as your agent with HMRC, issue an engagement letter and get all of our startup business accounting services ready to go. That means in a week, you’re ready to go. No dabbling about in extra paperwork.
No nasty surprises here. We know when you’re a small business budgeting is everything, so we tell you what our fee will be before we do the work. Plus if you’re not satisfied, we’ll give you your money back.
When you contact us we’ll reply within 24 hours or less, we’ll speak to you once a month anyway to check in, and you don’t need to worry about catching us between 9-5. We know business sometimes happens 8-8, which is why we’ll always make ourselves available if you need to talk.
When you’re a small business, you’d be surprised at the amount of money tax liabilities can both take away, and give back to a new business. That’s why as part of our tax service, we save you money by assessing your tax returns and tax efficiency to work out where we can save you money in tax bands, salary costs and dividends. We’re so confident that we’ll give you an annual review each year that tells you exactly where and how we’ve saved your small business money.
The size of your startup business doesn't matter to us
Whether you’re running a limited company, you’re a sole trader, a partnership, small business, limited liability partnership, contractor, freelancer, property or investment business, we’ve got the business startup accountant and startup accounting services made for you.
How we help your startup business:
Turning your business idea into your business structure
Once you’ve got a great business idea it’s time to structure that: whether that’s into a limited company, or other entity. It’s critical to consider what the structure of the new business you want to start is because the taxes you pay and liabilities you have are totally determined by that business structure.
This is where we can provide expert advice on your company formation. We’ll advise on things like whether a sole trader or a limited company structure is best for you, and we’ll work out the ways that you can pay the lowest possible amount of tax. We’ll also provide bank reference letters to help you open your business bank account, and help break down the initial HMRC and Companies House paperwork.
Registering your business with HMRC and Companies House
When you’ve decided on the structure and form of your company, it’s time to register for things like VAT, Payroll, NI, and Pensions. We’ll do the required registrations, provide assistance and direction throughout the process, and keep you informed with developments.
Setup your accounting software
When we evaluate the structure of your company, we’ll help you pick the best accounting software for you. Whether you’ll be trading domestically or internationally, and whether you’ll be holding stock or providing services will have a significant impact on your options when it comes to selecting an accounting software.
This is where we come in. As chartered accountants with years of experience in accounting for startups and having used various types of accounting software, we deliver as much of a value-added service as the right accounting software does for our clients.
Tax Returns
From corporation tax returns to VAT (Value Added Tax), we’ll handle the tax obligations for your startup business as well as advise you on any tax reliefs you may be entitled to. As your business startup accountant, we’ll also handle your year-end accounts, corporate tax returns and stay up to date with your tax liability so that your contact with HMRC is kept to a bare, and simple, minimum.
Payroll and Pension Services
We know how important it is to make sure that your employees are paid the correct amount on the correct day. We also know that all companies, regardless of size, have a legal responsibility to automatically enroll all employees into a workplace pension plan.
When starting out, understanding your employees’ and employers’ obligations regarding pension schemes and PAYE can be difficult, which is why getting the right advice on payroll and pensions is another aspect that can help your startup business succeed.
That’s why our payroll and pension service is comprehensive and able to be tailored to your startup businesses needs. We’ll send payslips directly to your employees by email, make sure that your company and its staff are paying a balanced amount into the employee’s pension every month, and provide expert advice and guidance if necessary on a wide range of payroll and pension issues should they arise.
Full accounting support
Our accounting for startups is a full service designed to handle all of your accounting, bookkeeping and tax efficiency needs. From filing your Statutory Accounts and accounting records, submitting Corporation Tax returns, assessing annual accounts and business expenses, running payroll, handling business transactions and overseeing all your startup business bookkeeping, our hassle free accounting for startups service provides the small business accounting support you need to succeed.
We also offer accounting services for Small Businesses, Contractors, Limited Companies and Dentists.
Whether you're a sole trader or a small business, we can help.
Get in touch with us for a free consultation and let us manage the money, while you manage your small business success.