Business Details
20 Years
experience
Your Trusted Partner for Accounting Solutions in London
Established in 2006, TAXACE has built a reputation as a trusted provider of accounting services across the UK. Our team combines experienced professionals with cloud-based technology to deliver tailored financial solutions for businesses in construction, e-commerce, startups, and self-employment sectors. We operate on a transparent monthly subscription model, eliminating hourly billing surprises. Clients benefit from dedicated account managers, multilingual support, and 24/7 accessibility through multiple communication channels. Our approach prioritises proactive financial guidance, ensuring businesses can focus on growth while we handle their accounting needs. With over 5,000 clients supported and a strong commitment to community impact through charitable initiatives, we combine technical expertise with personal service. Our ISO-certified processes and paperless operations reflect our commitment to modern, efficient accounting practices that meet contemporary business demands.
Services
E-commerce Accounting
Startup Accounting
Construction Accounting
Self-Employed Services
Year-End Closures
Details
- Year established: 2006
Highlights and features
- We offer 17 years of experience in UK accounting services
- Our team provides multilingual support in Romanian and English
- We implement cloud-based technology for real-time financial access
- Our paperless operations reduce environmental impact
- We guarantee 24/7 availability through multiple communication channels
Associations and certifications
- AAT - Association of Accounting Technicians
- ICO - Data Protection
- HMRC Authorised Agent
What people say
Extremely professional
Great service
Highly recommended
Prompt assistance
Knowledgeable team
Services
E-commerce Accounting
Specialised accounting solutions for e-commerce businesses navigating post-pandemic growth challenges. Our team provides financial management, tax optimisation, and compliance support tailored to online retailers. We help businesses manage inventory cash flow and supplier relationships while maintaining accurate financial records.
Startup Accounting
Comprehensive financial guidance for growing startups. We provide strategic financial advice, investor-ready reporting, and tax planning services. Our experts help new businesses establish proper accounting systems and make informed financial decisions during critical growth phases.
Construction Accounting
Tailored accounting services for construction companies with industry-specific expertise. We handle CIS tax returns, payroll for tradespeople, and financial management for contractors. Our team understands construction industry challenges and provides solutions to improve financial efficiency.
Self-Employed Services
Complete accounting solutions for self-employed professionals across various industries. We offer tax return preparation, financial record keeping, and compliance support. Our multilingual team provides accessible advice to help freelancers focus on business growth.
Year-End Closures
Professional year-end accounting services ensuring accurate financial reporting and tax compliance. We handle final account preparation, tax return submissions, and financial statement preparation. Our team ensures timely completion of all statutory requirements for businesses and self-employed individuals.
People
Iurie Bivol
Founder & CEO
With over 17 years in UK accounting, Iurie established TAXACE to combine Romanian professionalism with British accounting standards. He leads strategic development while maintaining client relationships.
Maria Sabau
Operations Director
Managing daily operations, Maria ensures service excellence across all departments. She has 12 years' experience in accounting operations management and oversees quality control.
Olga Edrenikov
Accountant
BSc (Hons) qualified accountant specialising in UK tax compliance. Olga provides expert financial advice to construction and e-commerce clients, ensuring regulatory compliance and tax optimisation.
Alla Zamfir
Customer Care Specialist
Handling client relations, Alla ensures prompt resolution of client queries. With 8 years in customer service, she coordinates multilingual support for international clients.
Oxana Mateciuc
Finance Director
Overseeing financial operations, Oxana brings 15 years' experience in corporate finance. She manages financial reporting, budgeting, and strategic financial planning for the company.
Questions
What accounting records should self-employed individuals maintain in the UK?
Self-employed individuals must keep complete financial records including all income sources, business expenses, VAT records, and employee information if applicable. Cloud accounting software simplifies this process.
What tax obligations do UK self-employed workers have?
UK self-employed workers pay income tax and National Insurance Contributions (NIC). Those earning over £6,365/year pay Class 2 NIC, while profits above £9,568/year attract Class 4 NIC.
What are the tax return deadlines for UK self-assessment?
The deadline for online tax returns is January 31st. Paper returns must be submitted by October 31st. Payments are typically due January 31st and July 31st, with penalties for late submissions.
How can self-employed individuals manage cash flow effectively?
Effective cash flow management involves maintaining accurate financial records, preparing for slow periods, setting aside money for taxes, invoicing regularly, and using business bank accounts to separate personal and professional finances.
How do I calculate taxable income as a self-employed individual in the UK?
Calculate taxable income by subtracting allowable business expenses from total income. Common allowable expenses include travel costs, equipment purchases, and office expenses.
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Reviews (9)
Andrei Chiratcu
May 06, 2024
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Always there to answer for all your qestions with right answer... Thanks
I personaly recomand to every one
I personaly recomand to every one
Tudor Eduard Constantin
Apr 23, 2024
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Va recomand cu incredere sunteti minunat nota 10 cu felicitari ,recomand tuturor prietenilor sa lucreze cu dumneavostra
Irina Tarna
May 20, 2022
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You are doing a good job. You are a team of professionals. I had the opportunity to talk on the phone with Tatiana a very nice lady. Thank you for your help and I wish you great success.
Jude Kidd
Jan 19, 2022
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A great team who alleviate anxieties around my tax issues. Unhurried personal service by a dedicated person who patiently explained ways in which I can maximise allowances to my advantage.
Valentina Buglea
Jan 16, 2022
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incredibly efficient and friendly. such a modern look at accountancy and the speed and quality in which everything was dealt with was perfect. This company is full of knowledge and extreme professionalism. Highly recommend them to everyone.
Roman Tsiuba
I have met Iurie, Taxace Director, at Young Business Club we are both members of. During that first meeting he gave me some interesting ideas on how to structure my new business venture import, distribution and installation of cutting-edge security systems manufactured in Ukraine. I called him several times asking for specific tax advice and always got a professional explanation in plain English.
The value that I received upfront made my mind when I chose the accounting company I want to work with. Currently I successfully develop my business in the UK and want to say thank you Taxace for your continuous support.
The value that I received upfront made my mind when I chose the accounting company I want to work with. Currently I successfully develop my business in the UK and want to say thank you Taxace for your continuous support.
Alexei Borta
I started working with Taxace in 2015. Since then, I am very happy with the accounting services they provide for me and my company. Friendly team, high class professionals, they helped me a lot with establishing my business and I am really amazed of their availability to answer any enquiry as quick as humanly possible.
Sergey Kharlamov
As a director of an IT company I appreciate innovation and implementation of new technologies. Especially, when the process is handled the right way and makes the clients life easier. Taxace has been on track with latest advancements and I sure will continue to lead the way. During our cooperation they presented themselves as professionals not only in crunching numbers but they also identified the weak points of financials and gave recommendations on how to prevent situation getting worse.
Angelina Markova
Always helpful with all enquiries , all my relatives and friends use TaxAce from ages and never had any problems,very kind staff who have been doing a great job , cant recommend them highly enough