Accountants & Tax Advisors Peterborough
From transitioning to ‘making tax digital’ to reporting on your business finances, we can help you rise to the challenge ahead! At JMC Accountants in Peterborough, we understand very few owners of start ups and medium-sized businesses set up dreaming of hours spent toiling over tax rules or quarterly vat information.
So why not let us help take the load off and allow you more focus on the running of your enterprise? Our friendly, skilled team offers a personal, professional service, helping sole traders, company directors and landlords alike to make their businesses more efficient and profitable.
Your local Peterborough accountant
Our clients are located right across East Anglia. From the areas of Cambridge, Ely, Huntingdon, St Neots, Wisbech, Ipswich, Colchester and Norwich to their outlying towns and villages, and the coastal towns of Cromer and Great Yarmouth.
Contact us today to arrange a free discovery call and learn more about the services that would benefit you.
Modern proactive accounting firm
We are a team of modern, digital, proactive Peterborough accountants, who understand and look after our clients the way they should be looked after.
Helping you meet your business goals
A friendly firm of chartered accountants, we pride ourselves on developing a close relationship with our clients to set them up for success. Through a combination of consultancy and clear advice, plus key services spanning payroll, bookkeeping, VAT returns and Xero Online Accounting, we can add momentum to your business.
By saving you time and adding to your accounting knowledge, we can help you think more strategically about your business finances.
Peterborough accountancy services
We offer a broad range of professional accountancy services to companies in Cambridge, from every day assistance with bookkeeping and tax advice, to annual returns and management reporting. We will tailor the right package to your business, depending on your needs and budget, with no hidden fees.
Our experienced team can offer assistance with all areas of taxation. We can make sure you are kept up-to-date with the latest tax legislation, and take the admin of your tax returns off of your hands. We can also identify tax efficiencies to save you money.
Making Tax Digital
Making Tax Digital for self-assessment comes into effect in April 2024. From that date, all sole traders and landlords earning in excess of £10,000 per year will be required to keep digital records and submit their tax return using approved cloud-accounting software.
If you have questions on what it means for you, we have all the answers you need. We can also help you migrate your accounts to our preferred software, Xero.
Xero cloud accounting services
Gone are the days of spending 9-5 at your desk. Cloud-accounting software such as Xero provides full access to your accounts on multiple devices, wherever you are. As a Xero Silver Partner, we can help you to get the most out of this valuable technology to make your life easier.
VAT legislation and processes can be difficult to navigate and have a habit of changing! If your VAT return is a source of stress, we can offer you support and advice to ensure you remain compliant.
Peterborough bookkeeping services
The day-to-day task of keeping your accounts updated and paperwork in order can be a slog. Our reliable and cost-effective bookkeeping services can relieve the burden.
Payroll is one of the fundamentals of a business, but it’s notoriously time consuming and tricky. That’s where we come in! With our support you can help you stay on top of the payroll tax calendar and pay your staff accurately and on time. We can even offer you a fully outsourced payroll function.
Our team of accountants provide services to both property developers and private individuals, allowing them to build their portfolios while we take on the burden of their finances.
As well as looking after your numbers, we can provide business advice to help you fulfil your plans for growth. As your trusted business partner, you can rely on our expert insight to help you run your business more efficiently and to reach your goals.
Local businesses we help
We are trusted local accountants for all kinds of self-employed and manager-run businesses in Peterborough.
Meet Toni Sculthorpe Director
Sole Trader Accountants Peterborough
We work with self-employed individuals across the region and have expertise in providing support to businesses of every size.
Adding value is our aim. Many self-employed individuals have a huge passion for what they do, but accounting and tax complexities can prove a massive distraction and energy sap. If this sounds like you, contact us or book a free discovery call today.
Remain tax compliant and on top of your accounts
All UK individuals pay taxes. To remain compliant, even the smallest enterprise (apart from hobbyists earning less than £1000 per annum), must complete self-assessment tax returns, report for VAT purposes if relevant, and get to grips with their accounting.
Our sole trader tax advisors can provide support by removing the burden of your tax return and giving you the benefit of tried and tested accountancy and business advice.
Limited Company Accountants Peterborough
Let us help with all your accounting needs. Unsure of the VAT registration threshold, need advice on tax or your year-end accounts, or help pay employees payroll?
Serving limited companies, partnerships and firms of all sizes, our accountants and business advisors can guide you from setting up to streamlining your business.
Fixed monthly accounting fees and a personal approach
We offer a fixed monthly fee and jargon-free approach as we make everything from corporation tax and making tax digital easier.
Landlord Accountants Peterborough
f you’re a local landlord, it makes sense to opt for a local accounting firm that specialises in property owner’s services. We understand the rigour and rules relating to renting out or selling your property with many clients in this field, including Capital Gains Tax allowances and reliefs.
Accounting, tax services and advice for landlords
As your local Cambridge and Peterborough accountants, we combine personal service with knowledge of the specific tax considerations for owners of multiple properties.
Our services include landlord advice, managing your rental accounts, filing expenses and completing tax returns and registrations.
Xero Online Accountants Peterborough
Are you aware of the government plan surrounding businesses making tax digital by 6 April 2024? Designed to make tax accounting more transparent, efficient and timely, it’s HMRC’s ambition to ‘become one of the most digitally advanced tax administrations in the world’.
This means there’s no time like the present to prepare for the transition, especially if you’re still using manual processes or spreadsheets for your accounting.
At JMC Accounting, we can help you switch to compliant cloud based software such as Xero to keep track of your accounts, sales, tax liabilities, etc.
Whether it’s time to provide quarterly VAT information, pay your invoices or double-check your sales figures, Xero can help you make short work of it.
Make your online accounting more efficient
Many of our Peterborough and Cambridge clients have made the transition already with our support. As you can view digital records of your finances on the fly wherever you may be, Cloud-based software can be a real game-changer.
Aiding transparency, prompt action and real-time reporting, once fully versed in the software, you might wonder why you didn’t do it sooner. Check out our Xero Online Accounting Software page for more information.