Based in Luton, Bedfordshire. We are an experienced firm of Accountants, Business Advisors and Tax Planners who focus our accountancy and business skills specifically on small and medium sized businesses. We offer tax planning advice and can help deal with statutory returns as well as investigations. Our accountancy team is committed to helping clients fully understand their financial situation and how it relates to their business.

Contact Details

  Website
  City Luton
  Postcode LU3 1AX
  Address Suite 102, Chaucer House 134 Biscot Road
  Phone Number 015 8248 7594

Products & Services

Book Keeping

Invoice Production
Posting of all transactions to a suitable accounts package
Purchase Ledger Management including purchase analysis and payments
Management of stock levels to run the business efficiently
Planning your dividends where applicable
Regular and specific business advice to take advantage of efficiencies
Ensuring information is ready and accurate for filing of statutory returns and accounts


Payroll

Running your own payroll can be both time consuming and complicated and it can divert resources from the core activities of your business. With the introduction of RTI (Real Time Information) employers must report details of amounts paid to employees and the corresponding deductions, on every pay run as opposed to at the end of the financial year.

Taxwise Accountancy offers a comprehensive and confidential payroll service regardless of the size or complexity of your business at a fixed cost. We use our years of experience to ensure that the Payroll function is run correctly, on time, every time.


Vat

Assistance with VAT registration
Proactive advice on use of the most tax efficient VAT scheme for your business
Advice on VAT planning and administration to minimise your liability and take advantage of any opportunities
VAT control and reconciliation
Preparation and filing of VAT Returns online
International VAT advice for companies that are trading in the EU or exporting outside the EU
Customs issues aimed at assisting your business with importing and exporting goods
Guidance for charities and other not-for-profit organisations
Information about partial exemption conditions and impact
Day to day advice on transactional matters as they arise
VAT planning for large one off transactions such as sale or purchase of land or property
Negotiating with HMRC in disputes and representing you at VAT tribunals
Planning to minimise future problems with HMRC


Annual Accounts

Using your bookkeeping records to prepare your annual accounts
Reconciliation of all control accounts and advise of any anomalies
Applying the relevant accounting standards and statutory requirements to your accounts
Completion of Accounts to agreed timescales and statutory deadlines
Producing financial statements, tax computations and tax returns to file with HMRC.
Producing full and abbreviated accounts for filing at Companies House where required
Assisting in applications for raising finance or mortgages
Identifying how we can minimise your tax liability
Review of your accounts so that you understand how to manage your company’s future finances and cash flow.
Advice on managing stock levels, customer balances owed and supplier balances due
Providing advice on methods of strengthening your controls and record keeping procedures

  • I would recommend this business

Best accountants in luton highly recommended no messing around, been using these guys for years

Value for money
Service & support
Quality
Location
Overall ratingExcellent

  • I would recommend this business

Thank you for completing my tax return and rental properties account within a week. See you next year

Value for money
Service & support
Quality
Location
Overall ratingExcellent

  • I would recommend this business

They completed all the work on time and to my satisfaction. Also very helpful in advising on business improvement and tax affairs. Will be using going forward and definitely would recommend to others!

Value for money
Service & support
Quality
Location
Overall ratingExcellent

  • I would recommend this business

I was with a different accountant and it was the same year in year out.
Only when i decided to try out Taxwise did i find out how much i could save in tax.
Do yourselves a favour and give taxwise a call.

Value for money
Service & support
Quality
Location
Overall ratingExcellent

  • I would recommend this business

The guys at Taxwise were a great help and provided a professional service. My business accounts were a bit of a mess because my last accountant didn't have a clue what he was doing, the guys here sorted them out quick and hassle free. Would definitely recommend Taxwise.

Value for money
Service & support
Quality
Location
Overall ratingExcellent

Customer Testimonials

Very reliable and knowledgeable accountants, they helped me immensely with my tax planning. I now recommend these guys to all my friends and family.


Excellent service, great response to my initial queries. I would definitely recommend these guys purely based on their professionalism.


Thank you guys for doing my tax return and getting my CIS refund. See you guys again next year


Very professional service, completed my accounts and tax return for this year. I would definitely recommend to others.

Social Activity

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The Self Assessment tax return deadline is 31st January. HMRC will apply a penalty of £100 if your tax return is submitted late. If HMRC have sent you a notification to file a tax return and you have not filed this yet, do not delay any longer. Should
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From Our Website

Forming a limited company is one of the most tax-efficient ways of structuring your business in the UK. Now you can form a new UK Limited Company within hours. We offer comprehensive support and help for those starting up as a limited company or limited liability partnership. With the aid of our corporate partners, we are able to form a limited company or limited liability partnership in a short space of time for a fixed fee. We also provide a range of company services to support all aspects of company secretarial services to ensure that company records are maintained and kept up to date and that all statutory returns are prepared and submitted to Companies House.


We don't believe that you should have to source expertise and information from different company service providers which is why we have developed a complete range of solutions - whatever your needs may be. Our Company Secretarial team ensure that a Company complies with the requirements of the Companies Act and it's own Articles of Association. We will ensure accurate and timely filing of statutory forms and the correct drafting of documents to record the actions of directors and shareholders. There are a number of company secretarial tasks which can trap the unwary, in particular maintenance of statutory registers, annual returns, AGMs, share transfers and dividends.


Starting a new business is an exciting and eventful time. It is vital to establish firm foundations based on professional advice and expert knowledge, to allow the new enterprise to take off, establish itself and eventually grow. At Taxwise Accountancy we can lead you through the maze of statutory bureaucracy and help you from the business idea through to running a successful business. Whether you wish to start in business as a Sole Trader, Partnership, Limited Liability Partnership, Limited Company or even a Charity you can benefit from our skills, knowledge and expertise in business start-ups and improve your chances of success.


Management Accounting enables business owners to make informed decisions by providing regular, timely and relevant financial information. It allows businesses' to drive performance, inform strategy, maximise profit, enable comprehensive analyses and identify issues of concern in a timely manner. We know that every company is different so we work closely with our clients to create unique, bespoke reporting solutions. We are specialists in the preparation of management accounts and communicating the results effectively to help you understand every element of your business.


Minimising a Limited Company's corporation tax liabilities can help maximise the amount of funds available to reinvest in the business or to return to the shareholders. At Taxwise Accountantcy, we have a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation.


VAT is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT. This is complicated further by different VAT rates, potential partial exemption and the administration for companies that wish to trade overseas both within and outside the EU. Taxwise Accountancy in Luton, Bedfordshire can provide professional guidance to ensure that you do not fall foul of the regulations and do not pay more VAT than you need to. Needless to say, late VAT registration, errors, late VAT returns and late VAT payments can all lead to penalties and possibly interest being charged.


Taxwise Accountancy has excellent in-depth knowledge and expertise in charity formation, preparing charity accounts, administration and review as well as carrying out an independent examination of charity accounts. We always work closely with our clients to produce a governing document which truly reflects the client's vision and complies fully with the Charities Act and the guidelines of the Charities Commission. Taxwise Accountancy has extensive experience in working with charities and not-for-profit organisations.


We understand that maintaining your financial accounts and records, supervising accounts staff, dealing with accountants, auditors, bankers and creditors all place pressure on the valuable time and monetary resources of your business. However good bookkeeping practices can also benefit the business by helping you to manage and control the finances of your business and planning for future growth of the business. Outsourcing can be more cost effective than paying a regular book-keeper on site, saving on employment costs.