Payroll costs start at around £10 per month for small businesses, with per-employee fees ranging from £5-£15, depending on the size of your organisation. A key factor in determining your costs is the number of staff. Most companies that provide payroll services usually use a pricing grid based on the number of employees per month.

The UK, with its strong legal framework and favourable geographical location in Europe, is often seen as a priority destination for companies. However, to support investment in UK businesses, international organisations need to thoroughly understand the specifics of local labour law, payroll rules, and tax regulations. You can find out how to carry out a proper payroll check with us.

If you're thinking of using the services of an accountant, you should look for someone who has a professional qualification. By the way, there may be an accountant near you, near your home. We mean our company, Foundry Accounting!

To be sure that the solutions offered meet your needs, you should familiarise yourself with the list of services provided and discuss the level of expertise and experience of the professionals. Some of the most sought-after accountancy certifications in the UK include the Association of Accounting Technicians (AAT) and the Chartered Institute of Management Accountants (CIMA).

Often, small business owners turn to chartered accountants to prepare and submit tax returns. Generally Accepted Accounting Principles (GAAP) have different rules than tax accounting. These discrepancies between financial and tax accounting can be complex, and a chartered accountant is able to assist in understanding and applying them. Find a chartered accountant in London at Foundry Accounting.

Professional accounting services ensure stability and compliance in accounting. The specialists at Foundry Accounting know how to explain the nuances of financial reporting clearly and are able to provide business owners with the information they need to make informed financial decisions. In addition, we make sure that other members of the finance team, such as the CFO and controller, receive the reporting required for their roles.

Most accountants (90%) charge between £150 and £500 plus VAT for the standard service of preparing and submitting a Self-Assessment tax return to HMRC. In my opinion, this is a reasonable cost for most standard tax returns. The final price of accountancy services in London, and indeed the UK in general, will be determined by the complexity of your situation and the quality of the documentation provided.

You will usually pay between £150 and £400 to process a VAT return. However, the best option is to book a VAT consultation with us, where Foundry Accounting specialists will quote the exact cost.

If you run a company in the UK, you have probably asked yourself, ‘Can I self-report VAT without using an accountant?’ The answer is yes, it is possible. However, there is no guarantee that you will calculate your VAT return correctly.

A VAT return is a document that organisations paying Value Added Tax (VAT) in the UK are required to prepare and submit to the tax authorities at regular intervals. This report details information about the company’s income and expenses for a particular period and indicates the amount of VAT charged and paid.