Bespoke accounting services for startups
Build your startup with our accounting services
Launching a startup offers an exhilarating opportunity, but navigating the financial landscape can often feel daunting. At JGTAX, we are here to support you through the specific challenges that startups experience.
Whether you require help with company formation, HMRC registration, or selecting the best business structure, our tailored accounting services are designed to fit your unique situation. Our committed team of financial experts provides customised accounting and tax solutions that empower your business to thrive.
We offer comprehensive accounting services to simplify your financial operations, reduce your tax liabilities, and enhance your growth potential. With our professional insights, you can make well-informed decisions, optimise your tax standing, and position yourself effectively for funding opportunities.
With JGTAX on your side, you can devote your energy to what truly matters—building and expanding your business.
How we streamline startup journey
Our tailored accounting and tax services are designed to support startups at every stage.
Streamlined startup process
We guide you through the intricacies of company formation and registration, ensuring a smooth launch.
Tax compliance
Avoid costly penalties with our expertise in registering for the correct taxes and filing compliant returns.
Management accounts
Get regular reports and insights to make informed financial decisions and optimise your cash flow.
Accounting and bookkeeping
Our experts handle all your bookkeeping needs, maintaining accurate financial records and ensuring timely preparation of accounts.
Strategic business planning
Work with us to develop a solid financial plan and project future cash flow, aiding in securing investment and making strategic business decisions.
Startup-specific tax advice
Leverage our expertise in maximising tax reliefs and minimising tax liabilities specific to startups and early-stage businesses.
Ready to take your startup to the next level?
Our expert team will optimise your finances for growth.
Tax investigation services for startups
Facing an HMRC investigation can be a challenging experience for startups.
At JGTAX, we offer specialised support to navigate this complex process smoothly. Our knowledgeable team will assist you from the initial HMRC contact through to the final resolution. We will carefully review your records, prepare a strong defence, and represent you effectively before HMRC. By proactively addressing any inquiries and ensuring compliance, our goal is to minimise potential penalties and disruptions to your business.
What makes us the right choice?
Experienced team
Our team has a strong history of empowering startups to thrive, offering invaluable insights and strategic guidance tailored to their unique needs.
Scalable services
Our services can grow alongside your business, ensuring ongoing support as your company expands.
Dedicated accountant
You’ll have a dedicated point of contact to answer your questions and address your concerns.
Timely and accurate
For businesses of all shapes and sizes, timely and accurate financial reporting is crucial. Count on us to deliver the financial insights you need precisely when needed.
Proactive support
We’ll stay ahead of regulations and proactively advise you on potential tax implications.
Peace of mind
With JGTAX by your side, you can confidently focus on building your business, knowing your finances are in good hands.
Frequently Asked Questions
Should I register for VAT as a start-up business?
Registering for VAT may seem overwhelming, but it can have its benefits. Here’s what you need to know:
VAT threshold: If your annual taxable turnover exceeds £90,000 or is about to exceed £90,000 within a rolling year, you must register for VAT.
Cash accounting service: Start-ups may qualify for the cash accounting service, simplifying VAT returns.
Claiming input VAT: VAT registration enables you to claim back VAT on your business purchases, which can help you save money.
Credibility: Being VAT registered can add credibility to your business for your clients.
We can assist you in evaluating whether VAT registration suits your business and provide guidance through the process if necessary.
What's the best way to structure my start-up for tax efficiency?
The appropriate business structure can significantly impact your tax efficiency. We will assist you in carefully assessing the benefits and drawbacks of various options, including:
Sole trader: While this structure is simple to establish, it exposes your personal assets to potential business risks.
Limited company: This option offers limited liability protection but may incur additional costs.
Partnership: This business structure is suited for businesses with multiple owners and requires a formal partnership agreement.
We will consider your business objectives and risk tolerance and recommend the most tax-efficient structure that meets your needs.
Accreditation
Launch your startup with confidence.
Let JGTAX handle your financial needs.
Or call us at 020 3289 1688