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Enlisting the services of a reliable accountant can remove many of the stresses of running a small business – but finding one can often be the main challenge.
No matter whether you operate as a limited company yourself or as a sole trader, having an experienced accountant by your side is an efficient way of saving time, getting rid of unnecessary hassles, and ultimately making sound decisions about your finances. Everything from taxes and accounting to payroll and other business guidance can be made easier with the right help from the right accountant. We’ve picked out some of the most well-regarded accountants currently operating in the eastern reaches of London.
TaxAssist
TaxAssist provide services to small businesses, sole traders, startups, landlords, and limited companies, assisting clients with requirements such as filing their tax returns, completing their year-end accounts, bookkeeping, payroll, and other issues related to running a business. The unique feature that sets apart TaxAssist from its competitors is the combination of accessible offices and support from a much wider national network. TaxAssist clients can meet the advisors in person or communicate with them online – whichever way is more convenient for them.
Fusion
Fusion Accountants offer specialist accountancy experience across sectors including construction, e-commerce, hospitality, property and the creative industries. Alongside everyday services such as bookkeeping, payroll, VAT, accounts, and tax planning, the firm places an emphasis on helping businesses grow through financial reporting, forecasting and business planning. Fusion also make use of cloud-based accounting platforms including Xero and QuickBooks, which are designed to give clients greater visibility over their finances. Fixed monthly fees are also useful for making the cost of ongoing accountancy support more predictable.
Lexarox
Lexarox Accounts provide accounting, tax, payroll, and advisory services, spanning everything from bookkeeping and financial reporting to tax planning, CIS returns, tax refunds, and support during HMRC investigations. A key feature of the firm’s approach is flexibility, with clients able to build their accountancy support around the needs of their business and add or remove services as those requirements change. Lexarox also uses digital accounting tools and real-time reporting to help clients keep a closer eye on performance and make more informed financial decisions.
Naail & Co
Rather than focusing solely on the standard accountancy offering of annual accounts and compliance, Naail & Co take a more hands-on approach to ongoing financial management and tax planning. Each client is assigned a dedicated account manager with direct-line access, while the firm also promises same-day responses to enquiries and unlimited phone and email support. Its use of digital accounting tools also helps clients keep paperwork under control and maintain an easy to digest and up-to-date view of their finances throughout the year.
GM Professional Accountants
GM Professional Accountants provide services and advice shaped around the particular financial pressures and tax rules of individual industries. Its approach goes beyond preparing annual accounts, with monthly management reporting that can track figures such as cash flow, profit margins, labour costs, stock performance, and other metrics. For small businesses needing more strategic support, the firm also offer forecasting and growth advice, giving business owners and sole traders access to regular financial insight.