BNW

Fixed monthly fees and a web portal sit at the centre of how BNW runs its practice. Its accountants work with clients across England, Scotland, Wales and Northern Ireland without needing an office visit: documents are uploaded online and questions are answered by phone or through the service.

From shoebox of invoices to usable figures

The firm says clients upload invoices, bank statements and other financial papers to its online accounting software, and that the accountants then turn those numbers into information a business owner can run the company on. Bookkeeping is the base layer: recording every transaction, reconciling bank accounts and checking that expenses are properly accounted for. The accountants also say they keep clients informed as each transaction is processed.

Filings handled for limited companies

For companies, the practice prepares annual accounts and keeps a diary of filing dates so that late-filing penalties are avoided. It completes the corporation tax return, calculates the tax due, claims allowable expenses and arranges payment to HMRC by the deadline nine months and one day after the end of the accounting period. Quarterly VAT returns are submitted from software that meets Making Tax Digital rules, and monthly payroll covers pay, PAYE and National Insurance.

Individuals and the self-employed

Self Assessment returns are prepared ahead of the 31 January deadline, with attention to the personal allowances and reliefs a client may claim. The site also covers company registration for limited companies and partnerships, advice on when to register for VAT and which scheme to choose, and help for dormant accounts that have been left unchecked.

Sectors it names

Its list of client types includes contractors, startups, freelancers, dentists, crypto traders and online sellers. The practice puts its experience at over fifteen years, says it has dealt with most of the situations UK businesses meet, and reports having looked after more than a thousand businesses. They describe their offer as suitable for any size of business, from a new start to an established firm looking for tax planning or financial forecasting.

BNW - Accountants & Tax Consultants is an online accountancy practice working with clients throughout England, Scotland, Wales and Northern Ireland. Its accountants say they have more than fifteen years of experience, and the firm reports working with over a thousand UK businesses.

What BNW - Accountants & Tax Consultants does

• Bookkeeping: recording transactions, reconciling bank accounts and allocating expenses.
• Company accounts and corporation tax: preparing accounts, tracking filing dates and completing corporation tax returns.
• VAT: registration advice and quarterly returns filed through Making Tax Digital software.
• Payroll: monthly processing of pay, PAYE and National Insurance.
• Self assessment: personal tax returns prepared ahead of the January deadline.
• Company formation: registering companies and partnerships with the right statutory filings.

Who it works with

Clients include sole traders, freelancers, contractors, partnerships, online sellers, startups and established limited companies.

Key facts

• Based in: London area, United Kingdom
• Coverage: Whole of the UK, online
• Experience: Over 15 years