- 9105 Access House, 141 Morden Road, Mitcham, CR4 4DG
- Mail: info@bnwaccountants.co.uk
- Unit 9105, 141 Access House, Modern Road, Mitcham,
- 0208 648 0800
- info@bnwaccountants.co.uk
Cheap Accountants For Small Business Accounting Services
We're cheap online accountants for Small Businesses, Contractors, Sole Traders, Partnerships, Limited Companies, Freelancers, and ecommerce businesses. We also provide online services to startups and growing established businesses.
- Dedicated Online Accountant
- MTD: Making Tax Digital Accounting
- Leading Accounting Softwares
- Get Unlimited Help & Advice
- 24/7 Support Availability
We Provide Cheap Online Accountancy Services Throughout the UK
Our team of online accountants have over 15 years experience of looking after the finances of the Self-Employed, Sole Traders and Limited Companies. A new business can not hope to gain the same knowledge and experience of an accountant that has dealt with many accounts and changes in Accounting Legislation, changes in Accountancy Software and updates to Tax Legislation and HMRC forms and procedures over the years.
Our expert online accountants bring the best online accounting software together with many years of accounting experience. Once you have set up your business our online accounting software is simple to use allowing you to upload your invoices, bank statements and other financial documents. Our accountants then translate the numbers into information that you can use when running your business.
Our accountancy service is designed to help any size of business at any stage of growth. Whether you are just starting out and need help setting up accounts or are a well established business needing help with tax planning or financial forecasting, we have an online accounting service to meet your requirements. We have dealt with the majority of financial situations that businesses in the UK face so you can rest assured that the advice we give is not only accurate but also given quickly.
Limited Companies
Our online accountants for Limited Companies prepare and submit company’s accounts, corporation tax returns and all of your annual accounts prepared and submitted to Companies House online in conjunction with your confirmation statement.
From £40 per month
Sole Traders
Our online accountants will complete your Annual Accounts and also your tax returns for Self Assessment or MTD Income Tax, allowing us to offer advice on expense categorization and tax planning. We take time to understand your business, goals and objectives.
From £30 per month
Limited Liability Partnerships
Our accountants have many years of experience with the compliance of an LLP. We help with the preparation of the company information service confirmation statements and ensure that all designated members are aware of and comply with their roles.
From £40 per month
Ecommerce
BNW Accountants offer online accounting to shopify, ebay, eysy and all major ecommerce platforms sellers. We have many years of experience in dealing with online Ecommerce businesses. We can also advise on the requirements for VAT registration in the EU for online sellers trading into the EU and obtain a VAT number in other EU countries for you. We can ensure that you comply with all applicable rules and are not under charging VAT.
From £20 per month
Contractors
Our Complete Contractor accounting package provides everything you need to run your contract work business efficiently and keep fully compliant. Annual accounts prepared and filed on time at Companies House. Completed self-assessment tax returns for sole directors. Completed VAT returns. Processing of monthly payroll and dividends for directors. Set up of bookkeeping software such as FreeAgent or Xero and provision of training on how to use it.
From £40 per month
Freelancers
Our accountants help freelancers throughout the UK in managing their taxes and accounts. We can work out how much Tax and National Insurance you need to save each month based on your income and expenses. Many Freelancers don't claim all of the tax deductions they are entitled to. Things like Travel expenses, Software fees and office expenses can all be claimed against Tax to reduce your taxable profits.
From £20 per month
What We Do
Our online accounting services match your needs and the way you work. We have established trust with over 1000 business clients all over the UK. Our services area covers all regions of the UK including Scotland, Wales, England and Northern Ireland. Whatever your business circumstances, we provide the expert, cheap and online accounting service for you to manage your business.
Bookkeeping
We offer book-keeping services including recording of all transactions, completion of bank reconciliations and the correct accounting for expenses. This allows you to clearly see how money is being spent within your business. We use your company accounts for Self Assessment tax return purposes. Daily or periodic accounts can also be produced as required.
Corporation Tax
We complete your Corporation Tax Return in your chosen accountancy software from the 2025/26 tax year. We will work out how much tax is due, claim all of your allowed expenses and make payment to HMRC by the 9 months and 1 day end of your accounting period.
Company Accounts
We prepare company accounts. These can be presented in FRS 105 (micro entities) or FRS 102 (small entities) formats as required. We can also ensure that all relevant filing dates are noted to ensure that all filings are completed on time to avoid any late filing penalties.
VAT
Our team will ensure that your Quarterly VAT returns are accurately reflect your business’s situation, and will use approved MTD compliant software to submit on your behalf. We can recommend whether the standard, flat rate or cash basis would be best for your business, and then accurately submit your returns, ensuring that all input and output VAT is accurately reconciled and submitted to HMRC on time.
Monthly Payroll
We provide monthly processing of all your employees’ payments and their relevant PAYE and National Insurance contributions. Payment of pension contributions to relevant scheme providers. The submission of all RTI submissions to HMRC by due date. Distribution of detailed pay slips to all employees at start of month and end of month. The submission of P11D forms for employees receiving benefits in kind.
Self Assessment Tax Return
Our tax experts complete your Self-Assessment Tax Return in time for the 31st January deadline and will claim all of the relevant allowances and reliefs. They will work out your tax liability from your personal and business income details. We help individuals in accurately calculating, preparing and submitting their tax returns to the HMRC.
Get an Instant Quote Right Now
Use our instant quote feature to get best price online accounting package. We offer financial management solutions as well as unlimited support whenever required.
Our online accounting services are available to sole traders, limited companies, partnerships, and online businesses. We provide a range of services including company accounts, tax returns, VAT returns, bookkeeping, and payroll
Cheap Online Accounting Fee
- Annual Company Accounts: From £30 Per Month
- Quarterly VAT Returns: £30
- Monthly Payroll: £12 Per Month
- Confirmation Statement: £85
- Bookeeping: £5 Per Transaction
- Accounting Software: FREE
We Make Online Accounting Simple, Fast and Technology Driven
We can make the transition to your online accounting services very quick and easy. We set up your online accounting software, be it Xero, FreeAgent, Sage or QuickBooks, to suit you and your business. Our experience as online accountants has shown us that regardless of your business structure (sole trader, limited company, partnership, freelancer or contractor) we have the most in-depth solutions for you.
As online accountants our services for your business will include the compilation of company accounts and tax returns, all bookkeeping requirements, a fully managed online payroll service as well as the setup of your business on the best cloud-based accounting software package (i.e. Xero or FreeAgent). We can help your business grow.
Security of your financial data is a major concern for businesses and we have many security measures in place to protect your online accounting system, your online banking platforms and your cloud data storage. All of your data is automatically backed up every 15 minutes, plus many other layers of protection are in place.
Also, we have 2 factor authentication in place for access to your online accounting system and your online banking platforms, and our cloud data storage has weekly or monthly scheduled backups to an offsite data center, so you can have complete peace of mind.
We Offer Effortless Online Accounting Solutions for Small Businesses
Automating accounting tasks are at the core of what we do. Manual data entry and account management can consume large amounts of time that business owners could be spending on other things.
We set up systems of automation for online accounts and connecting them to your bank accounts so that all transactions are downloaded for you. We can also set up the account reconciliations for you, saving you hours of work every month comparing your accounts with your bank statements.
With the right accounting software online accountants can save small business owners up to 8 hours a week. Automated invoice reminders are set up by your online accountant, ensuring all payments are received on time. Online payment processing links are also set up on your account allowing customers to pay their invoices instantly via PayPal, Stripe, GoCardless, Square or SumUp helping to manage cash flow effectively.
Our accounting software’s provide a live update of current business activity, including account balances, profit and loss accounts, outstanding invoices and due bills. With just one click of a button, up-to-date financial reports can be generated.
Our online accounting software is a cloud based system. Employees can submit expenses through the software and your online accountant can view the transactions in real time and offer guidance and assistance as required without the need for your online accountant to request paperwork or for you to send documents by post.
Want To Switch? We Take Care of Everything!
We take over your finances as soon as you have given us the go ahead to work with you. We contact your previous accountant to clear them from your records, obtain copies of any outstanding work and clear them from any correspondence. We also make contact with HMRC and inform them of your new online accountant who will deal with all correspondence on your behalf.
Once we have taken over control of your online tax returns your online accountants will contact your previous online accountants (if any) and ask for professional clearances and online access to complete your online tax returns. Your online accountants will also inform HMRC of any changes of online tax return representation to avoid any confusion with any out dated contact details and all future correspondence will be dealt with by us, your online accountants.
Our fixed monthly fees for our online accounting services cover the cost of a full service accounting solution. There are no hidden charges for ad-hoc services such as telephone calls, emails and meetings with your accountant as these are all included within your unlimited support. We also include our tax investigation insurance policy which will cover the full cost of any HMRC investigation. We will also pay the annual confirmation statement fee on your company’s behalf at Companies House.
STEP
01
Get Online Quote
Get an instant online quote for your required services to find out how much you'll be paying for services
STEP
02
Signup With Us
Now you will provide your registration details related to your business to signup to our services.
STEP
03
Services Confirmation
Our team will get in touch with you to confirm all the details and share useful information.
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04
Final Onboarding
To get started with your services, we’ll get you set up, settled in and introduce you to your accountant.
Cloud Accounting Softwares We Use
Choosing the Right Cloud Accounting Platform for your Business. Online Accountants and experience with a variety of different cloud accounting packages, including Xero Accounting Software and freeagent. Helping businesses choose the right accounting solution for there business and industry.
XERO
We use Xero for all our online accounting needs. It is more than just an online accounting system. It is also integrated with lots of other business applications and ecommerce platforms. You can also process online payment processing via Stripe and GoCardless. For banking, Xero connects to over 21,000 banks in 190 countries.
FreeAgent
FreeAgent – Simple online accounting software for Freelancers, Contractors and Small Businesses. FreeAgent automatically builds a business account from all the bank statements, invoices and expenses you have entered throughout the year. This makes it perfect for growing teams and businesses.
Sage and QuickBooks
We can set up a Sage account or a QuickBooks account for you. Sage have recently launched an AI automated feature to Sage Accounting called ‘Copilot’ which automates many of the tasks within the package. The same can be said for the mobile apps for the QuickBooks software.
Accredited & Regulated Online Accountants
Our team of accountants has qualifications from top accountancy bodies including ICAEW, (Institute of Chartered Accountants of England & Wales), ACCA (Association of Chartered Certified Accountants) & AAT (Association of Accounting Technicians). In addition we are on ICAEW approved employer’s list.
Checkout Our Great Reviews
We are trusted by hundreds of small businesses, contractors and SMEs due to best accountancy packages. Our financial modeling techniques forecast your budget and cash flows with precision and give you the foresight to plan ahead rather than react to problems. We provide the strategic guidance that helps you understand where your business stands financially, beyond technical expertise.
