Welcome to Phillips & Co Accountants Chester
Small Business and Landlord Accountants in Chester
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COVID-19 UPDATE
Phillips & Co Accountants Chester are committed to delivering an exceptional service in these exceptional times. Our team are available to support and advise you by telephone and video meetings with strict social distancing measures in place.
Phillips & Co Accountants Chester are a leading firm of Chartered Certified Accountants and tax advisers in Chester with over 40 years experience working with small businesses and landlords. We have clients in Chester, Wirral, North Wales, North Shropshire and beyond and we tailor our accounts, landlord, tax, business start up, bookkeeping, payroll and business services to suit each individual client. We understand the importance of communication, transparency and fair value and are passionate about helping local small businesses and landlords be as tax efficient as possible.
Call Phillips & Co Accountants Chester on 01244 220 062 to see how we can bring you financial peace of mind.
Unlimited Phone Support
You can always talk to us. We know how important it is for you to have real support at hand, so we offer unlimited free phone support to our clients.
01244 220 062
Our aim is simple…to provide the best service we can for our clients. Phillips & Co Accountants Chester complete all work to the highest standard and communicate the process and our findings in a clear and concise manner. Please click on the links to read our 52 5-star Google reviews, 31 5-star Trustpilot reviews and 9 5-star Yell.com reviews.
A few years ago I was looking for a firm of local, professional accountants that would understand myself and my business and provide the services a small business requires. I can honestly say it’s been one of the best decisions I’ve made. Phillips & Co Accountants provide not only a professional service based on sound knowledge from years of experience, but whenever I have needed help and advice they always respond immediately and informatively.
Phillips & Co Accountants Chester have supported our business with accounts preparation, filing and advice for several years now and have provided us with a tailored service that suits us down to the ground. Fantastic value for money is combined with a wealth of experience and knowledge of business accounting structures and mechanisms. Phillips & Co Accountants flexibility and willingness to help has ensured that our business has gone from strength to strength.
I have been using the services of Phillips & Co Accountants Chester for a number of years for three businesses that I own, one as a sole trader, one as a partnership and the other as a ltd company. I have found them to be extremely reliable, efficient and most importantly, easy to communicate with. I have recommended Phillips & Co Accountants Chester to others and have had very positive feedback with a number of them engaging them as their accountants.
Phillips & Co Accountants Chester will provide you with all the services your business needs to grow. That’s not just accounting, tax and VAT services, but a wide range of other business services too. At all steps along the way we will explain to you which services you may require and why. For costing purposes, we can then quote for each individual service or group them as part of a package, depending on client preferences. We use industry leading accounts, tax, bookkeeping and payroll software to provide the highest quality service.
Accounting
As chartered certified accountants, our experience and knowledge helps us understand our clients’ businesses, allows us to work closely with them and complete accounting assignments to agreed timescales and with an agreed fee structure.
Landlord Services
Many landlords are moving their property portfolios into a limited company and purchasing any additional properties through the company. This may be the best course of action for some, however, the options need to be evaluated individually.
Business
At Phillips & Co Accountants Chester, Our accountants and financial advisors prepare business management accounts, budgets and forecasts. We meet regularly with our clients to provide financial advice and discuss their business goals.
Value Added Tax
VAT is an increasingly complex part of running a business. Phillips & Co Accountants Chester provide specialist VAT services on a range of areas, identifying opportunities to improve cash flow and save time reclaiming VAT back.
Business Start Up
The financial aspects of running a new company, and such matters can often appear daunting. The support of a firm of experienced accountants who specialise in helping startups find their financial feet, can be priceless.
Bookkeeping
With our bookkeeping service you can go about your business safe in the knowledge that you will receive accurate and professional reporting of your business affairs using the cloud based accounting software KashFlow.
Payroll
Payroll is the sum of all financial records of salaries, bonuses and deductions for an employee. From a business and accounting perspective, payroll is a key area as employees are very sensitive to payroll errors and issues.
01244 220 062
If you already have an accountant, the changeover is simple and we take care of it for you.
Once you have decided that Phillips & Co Accountants Chester are the right choice for you, you may be wondering how you are going to break the bad news to your previous accountant. Now comes the easy part, you can instruct us to do it for you!
We will write to your previous accountant informing them to provide us with all of your accounting and tax records that they hold.
All accountants are familiar with the process and are expected to provide the paperwork and records within a reasonable amount of time by their professional bodies.
Latest Tax News
The lastest UK tax news from Phillips & Co Accountants Chester.
Start of 2021/22 tax year brings in number of fiscal changes
08 April 2021 The 6 April start of the 2021/22 tax year sees important fiscal and business changes come into effect, including the introduction of the Coronavirus (COVID-19) Recovery Loan Scheme (RLS). The scheme provides financial support to businesses affected by the COVID-19 pandemic. The scheme gives lenders a guarantee of 80% on eligible loans between £25,000 and £10 million to give them confidence in continuing to provide finance to UK businesses. The RLS is open to all businesses, including those who have already received support under the existing COVID-19 loan schemes.
Payment deadline looming for self assessment taxpayerss
31 March 2021 Self assessment taxpayers must pay any outstanding tax liabilities in full or set up an online payment plan for the 2019/20 financial year by 1 April to avoid incurring penalty charges, HMRC has stated. Normally a 5% late payment penalty is also charged on any unpaid tax that is still outstanding on 3 March. But this year, because of the impact of the coronavirus (COVID-19) pandemic, HMRC is giving taxpayers more time to pay or set up a payment plan. Taxpayers can pay their tax or set up a monthly payment plan online by midnight on 1 April 2021 in order to prevent being penalised.
Second home owners dealt blow after tax crackdown on holiday lets
24 March 2021 Tens of thousands of second-home owners who falsely register their properties as holiday lets in order to claim tax breaks face a clampdown by the taxman, the treasury said yesterday. At present owners can declare they are renting out second properties – meaning they are charged business rates rather than council tax, which is higher. A total of 60,000 properties are registered in this way. But the Treasury is concerned that many owners are getting away with paying business rates while making little or no effort to rent their properties. Officials believe some owners may have claimed Covid support grants.
The information on this website is intended for guidance only. It is based upon our understanding of current legislation and is correct at the time of publishing. No liability is accepted by TPP Accountants T/A Phillips & Co Accountants Chester for actions taken in reliance upon the information given. Furthermore, this website contains links to external sources of information which we believe you will find useful. However, we are not responsible for the content or integrity of any external websites and, as such, accept no liability for any viruses or malware connected to those sites and any resultant damage caused. Phillips & Co Accountants Chester.
