Small Business Accountants

At TFMC, we specialise in small business accountancy that empowers entrepreneurs, sole traders, and limited companies to thrive. Whether you’re just starting out or growing steadily, we’re here to take the financial pressure off your shoulders so you can focus on doing what you do best, running your business.

We understand the challenges small business owners face. That’s why we offer affordable, proactive, and personalised accountancy services designed to help you stay compliant, improve cash flow, and make smart financial decisions.

1. Company Formation and Business Start-Up Support

Starting a new business is exciting, but it can also be a minefield of forms, registrations, and crucial decisions. At TFM Centre, we provide practical guidance and handle the paperwork for you, so you can focus on launching with confidence.

We help with:

• Company registration with Companies House
• Choosing the right business structure (sole trader, partnership, limited company)
• Setting up business bank accounts
• VAT registration and advice
• HMRC registration for PAYE and Corporation Tax

2. Bookkeeping and Cloud Accounting

Accurate bookkeeping is essential to staying in control of your finances. Whether you need help keeping track of day-to-day transactions or want to embrace cloud software, we provide flexible bookkeeping solutions tailored to your needs.

Our bookkeeping services include:

• Weekly, monthly, or quarterly bookkeeping
• Cloud accounting with Xero, QuickBooks, or FreeAgent
• Bank reconciliations and digital receipt management
• Real-time cash flow and expense tracking
  

3. VAT Returns and Compliance

VAT can be one of the most confusing areas for small businesses. Our expert team ensures you stay compliant, avoid fines, and choose the best VAT scheme for your situation while also handling all submissions on your behalf.

We provide:

• VAT registration and de-registration support
• Preparation and submission of accurate VAT returns
• Advice on flat rate and standard VAT schemes
• Making Tax Digital (MTD) set-up and filing
  

4. Payroll Services for Small Businesses

Running payroll can be time-consuming and complicated, especially with changing HMRC rules and pension requirements. We take the stress out of paying your staff and staying compliant.

Our payroll services cover:

• Weekly or monthly payroll processing
• RTI (Real Time Information) submissions to HMRC
• Payslip generation and employee record management
• Pension auto-enrolment and compliance
• CIS returns for contractors and subcontractors

5. Year-End Accounts and Corporation Tax

When the year ends, your financial reporting begins. We prepare your statutory accounts accurately and on time, helping you meet your obligations and reduce your tax liability with strategic planning.

Included in this service:

• Full preparation of statutory year-end accounts
• Corporation Tax calculations and returns
• Filing with Companies House and HMRC
• Tax efficiency advice and dividend planning

6. Self-Assessment Tax Returns

Whether you’re a sole trader, landlord, freelancer, or company director, you’ll likely need to complete a Self-Assessment tax return. We make sure your return is accurate, complete, and submitted on time, without the headaches.

We help with:

• Complete income and expense analysis
• Identification of allowable deductions
• Support with capital gains and investment income
• Deadline management to avoid penalties

7. Business Advice and Financial Planning

We’re not just number crunchers, we’re here to help you grow. Our business advisory services are designed to give you clarity, structure, and insight so you can scale sustainably and confidently.

Our advisory support includes:

• Cash flow forecasting and budget planning
• Profitability reviews and business performance analysis
• Tax-saving strategies tailored to your goals
• Support with business funding, loans, and grants
  

8. Management Accounts and Business Insights

Want to make informed decisions month to month, not just once a year? Management accounts give you regular insight into how your business is really performing and help you spot opportunities and risks early.

We offer:

• Monthly or quarterly management reports
• Profit & loss, balance sheets, and cash flow statements
• Key performance indicator (KPI) tracking
• Custom reports tailored to your industry

9. HMRC Investigations and Support

Receiving a letter from HMRC can be stressful, but you don’t have to face it alone. We represent and support you through every stage of an investigation or compliance check, giving you peace of mind.

We can assist with:

• Tax investigation representation
• HMRC correspondence and negotiation
• Compliance checks and audit support
• Resolving disputes efficiently and professionally

10. Business Growth Support

When you’re ready to grow, we’re ready to guide you. Whether you’re expanding your team, moving into new markets, or scaling operations, we provide the financial insight and structure to support your success.

Growth support includes:

• Scaling up your accounting systems
• Refining business structure for tax efficiency
• Hiring and payroll setup
• KPI tracking and performance benchmarking

Why Choose TFMC Centre as Your Small Business Accountant?

We’re not your average accountants. Here’s why small businesses across the UK trust us:

✅ Fixed fees, no surprises

✅ Friendly, approachable support

✅ Specialists in small business and start-ups

✅ Proactive advice all year round

✅ Fully cloud-based and paperless

✅ Dedicated accountant with direct contact

We believe in making accountancy simple, jargon-free, and actually useful for small businesses.

Sectors We Support

No matter what your small business does, we’ve likely helped others in your shoes. We work with:

• Freelancers and contractors
• Online businesses and eCommerce
• Trades and construction professionals
• Hospitality and retail
• Health and wellness professionals
• Creative industries and consultants

If you’re a small business owner, you’re in the right place.