HomeBusiness Accounting & Bookkeeping Services in Swansea Bookkeeping and accounting for startups

Bookkeeping and accounting for startups

It is wise to speak to an accountant before starting up a new business venture.

We help start-ups understand their obligations when it comes to bookkeeping, accounts and returns. Aside from bookkeeping for startups, we also assist new companies in getting systems set up that will improve accuracy of accounting and make it more efficient when submitting annual or quarterly returns.

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Advising on business structure

If you’re looking for accounting firms for startups in the Swansea area, Tim Taylor & Co can help you understand the implications of each business type, including sole trader, partnership or limited company. This enables you to make an informed decision on your business structure, with a clear understanding of your tax responsibilities.

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Ongoing advice and service

We can continue to support your start-up with everything from business planning advice, bookkeeping, accounting, returns and using accounting software to accurately track incomings and outgoings. If you need bookkeeping for startups then please get in touch with us.

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Xero partner

We are certified partner for Xero Bookkeeping and Accounting software. We have years of experience in working with this relatively new software, which has revolutionised the way a business can keep accounts and forecast their revenue.

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Making tax digital

HMRC has set a directive to become one of the most digitally advanced tax administrations in the world, with a view to eliminating paper accounting for millions across the UK.

Get in touch

Let us discuss how we can help you manage your personal finances more effectively.