Welcome to Phillips & Co Accountants Chester
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, Wrexham, Shrewsbury, Oswestry 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 53 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 Chester 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.
Obsidian Offices, Chantry Court, Chester, CH1 4QN
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.
The lastest UK tax news from Phillips & Co Accountants Chester. For more information please click here.
HMRC received 91,000 calls to report fraud in first months of pandemic
17 May 2021 Data published by insurer PfP has revealed that HMRC received 91,000 calls to report instances of fraud in the first nine months of the coronavirus (COVID-19) pandemic. PfP stated that many calls were to report abuse of the government’s Eat Out to Help Out scheme, and others were to log allegations of furlough fraud. The insurer predicts that more intensive investigations will be carried out and tougher penalties may be handed out by HMRC in the coming months. ‘With so many fraud allegations being made to HMRC during the COVID-19 crisis, there is no doubt that many of them will end up being false,’ said Kevin Igoe, MD at PfP.
HMRC sets out penalty regime for SEISS abuse
06 May 2021 The fourth Self-Employed Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse. An overclaimed SEISS grant includes any amount of grant which the self-employed were not entitled to receive or was more than the amount HMRC said the applicant was entitled to when the claim was made. Overpayments must be notified to HMRC within 90 days of receipt of an SEISS grant. When deciding the amount of any penalty, HMRC will take account whether the taxpayer knew they were entitled to the SEISS grant when they received it and when it became repayable or chargeable to tax.
HMRC contacting claimants for fourth self-employed grant
26 April 2021 The online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant is now open for claims, HMRC has confirmed. All applications must be submitted by the individual self-employed worker and cannot be handled by accountants or tax advisers. The fourth grant will be 80% of three months’ average trading profits, to be claimed from late April 2021. Payment will be in a single instalment capped at £7,500 in total and will cover the period February to April 2021. The scheme has been extended to those who filed a 2019/20 self-assessment tax return prior to 3 March 2021.
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.
