BNW Accountants

A London accountancy firm that serves the whole of the UK online, BNW Accountants aims at owners who would rather hand the paperwork over than learn it. Clients can ring an accountant to put a question, and the firm says its records are kept in digital systems for accuracy and security.

Services laid out on the site

Bookkeeping starts with recording each transaction and ends in income statements and a business summary. Around it sit the filings a small company needs. Corporation tax returns work out what is owed and are filed with HMRC. Annual company accounts are prepared with the filing dates noted in advance. VAT work covers registration, including advice on timing and on the choice of VAT scheme, followed by quarterly returns submitted through Making Tax Digital compatible software. Payroll is handled monthly, with PAYE and National Insurance contributions.

Starting, pausing and catching up

The practice registers companies and both general and limited partnerships, taking care of the statutory and regulatory paperwork. It also offers to bring dormant accounts up to date for people who left a business running unchecked, and to monitor accounts for owners who want to take a break from trading. Because the accountants keep the books and filings in step, an owner can return to a business without finding a backlog.

Advice for sole traders and contractors

For the self-employed, the firm says it will do the bookkeeping and the tax-related affairs together, and that its accountants will point out where expenses could come down and profits rise. Self Assessment returns are prepared before the January deadline with the personal reliefs a client is entitled to.

Who it says it has worked with

The firm lists sole traders, freelancers, contractors, partnerships, online sellers, startups and established limited companies among its clients, and also names dentists and crypto traders. It reports more than fifteen years of experience and a client base of over a thousand UK businesses. In its own words it can take on most of the financial situations that British firms run into, from first set-up to tax planning and forecasting.