Welcome to Phillips & Co

Accountants Chester

Small Business and Landlord Accountants and Tax Advisers in Chester

Read our 51 5-star Google reviews

COVID-19 UPDATE

We are committed to delivering an exceptional service in these exceptional times. Our team are available to support and advise you by telephone, video and face-to-face meetings with strict social distancing measures in place.

*Please note that due to current lockdown restrictions we are only able to offer Zoom or telephone meetings.*

Phillips & Co Accountants Chester are a leading firm of Chartered Certified Accountants and tax advisers in Chester with over 40 years experience in helping small businesses and landlords realise their full potential. We have clients in Chester, Wirral, Shrewsbury, Oswestry and Wrexham 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. We are proud of the 51 5-star Google reviews we have received and continue to strive to provide the best possible service we can. 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.

Accountants Chester | Phillips & Co | Contact Us

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. It is both rewarding and motivating when we receive positive feedback and we are proud of our 51 5-star Google reviews. Please also check out our 5-star Trustpilot 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.

Jason Wilcock

Director, Jason Howard Photography Limited

Phillips & Co Accountants Chester have supported our business with accounts filing and advice for several years now, and they 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. Their flexibility and willingness to help has ensured that our business has gone from strength to strength since we teamed up.

Ben Raffe

Director / Landlord, English Village Homes Limited

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 limited 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.

Beverly Rowe

Director, Bromborough Barber Shop Limited

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.

Taxation

Phillips & Co Accountants Chester provide bespoke tax planning solutions to suit your personal and business needs. We also advise on tax deadlines and how to pay taxes owed. We will help you be as tax efficient as possible and get the most out of your business.

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.

Accountants Chester | Phillips & Co | WhatsApp

01244 220 062

Request A Quote

Please fill in the form below, providing as much detail as possible, to receive a no-obligation fixed quote. Your information is used solely for the purposes of providing you with a quote and is not passed on to any third parties outside of Phillips & Co Accountants Chester.

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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

Domestic VAT reverse charge comes into effect on 1 March 2021

03 March 2021  The Chancellor said a ‘new restart grant’ will be provided in April to help businesses reopen; He told MPs non-essential retail businesses will receive grants of up to £6,000 per premises; Hospitality and leisure businesses, including personal care and gyms which open later, or be more impacted by restrictions when they do will get grants of up to £18,000. That totals £5 billion of new grants, on top of the £20 billion already provided’; When the Bounce Back Loan and CBIL schemes come to an end a new recovery loan scheme starts with loans from £25,000 up to £10 million available.

Domestic VAT reverse charge comes into effect on 1 March 2021

01 March 2021  The twice-delayed introduction of the domestic VAT reverse charge for construction services will come into effect on 1 March 2021. The change was originally scheduled to come into effect from 1 October 2019 but was deferred for 12 months after industry bodies highlighted concerns about the lack of preparation and the impact on businesses. It was put back another five months due to the impact of the coronavirus (COVID-19) pandemic on the sector. The change will overhaul the way VAT is payable on building and construction invoices in a bid to reduce fraud.

Self Assessment customers will not be charged 5% late payment penalty

19 February 2021  Today HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1‌‌ April. The payment deadline for Self Assessment is 31 January and interest will be charged from 1 February on any amounts outstanding. The deadline has not changed, but this year, because of the impact of COVID 19, HMRC is giving taxpayers more time to pay or set up a payment plan. Payment plans or payments in full must be in place by midnight on 1‌‌ April to avoid a late payment penalty.

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.