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Rated 5 Stars on Google
South Wales' Most Trusted Accountants for Business & Individuals.
Accounting made personal, from your first sale and beyond.
Rated 5 Stars on Google
South Wales' Most Trusted Accountants for Business & Individuals.
Accounting made personal, from your first sale and beyond.
Company Accounts, Tax & VAT
Everything from Making Tax Digital to VAT and Self Assessment Tax Returns.
Business Formation & Health Checks:
Starting strong and ensuring continuous growth.
Payroll & Financial Planning:
Managing your Payroll, Pensions, and personalized financial planning.
Advisory & Support:
From bookkeeping advice to tax investigations, we're here every step of the way.
Our Core Services
Get the Accounting Services Your Business Deserves
We're more than just a 'year-end' tax crew. Think of us as your year-round accounting buddies. We manage the numbers so you can keep your eyes on growth and profits.
Year-Round Support: Not just at tax season.
Accounting Buddies: Personalised and approachable service.
Manage Your Numbers: So you don't have to stress.
Focus on Growth: We handle the details; you see the big picture.
Company Accounts, Tax & VAT
Everything from Making Tax Digital to VAT and Self Assessment Tax Returns.
Business Formation & Health Checks:
Starting strong and ensuring continuous growth.
Payroll & Financial Planning:
Managing your Payroll, Pensions, and personalised financial planning.
Advisory & Support:
From bookkeeping advice to business advisory, we're here every step of the way.
Our Core Services
Get the Accounting Services Your Business Deserves
We're more than just a 'year-end' tax crew. Think of us as your year-round accounting buddies. We manage the numbers so you can keep your eyes on growth and profits.
Year-Round Support: Not just at tax season.
Accounting Buddies: Personalised and approachable service.
Manage Your Numbers: So you don't have to stress.
Focus on Growth: We handle the details; you see the big picture.
About Us
Modern Accounting with a Personal Touch for Diverse Business Sectors.
At Assurance Accountancy, we harness cutting-edge technology to offer real-time, tailored advice for diverse businesses in South Wales and beyond.
Our passionate team, experienced with sectors like recruitment, medical, dental, hospitality, transportation, and charities, prioritises building trust-based relationships. With us, you're more than numbers; you're a partner in growth.
About Us
Modern Accounting with a Personal Touch for Diverse Business Sectors.
At Assurance Accountancy, we harness cutting-edge technology to offer real-time, tailored advice for diverse businesses in South Wales and beyond.
Our passionate team, experienced with sectors like recruitment, medical, dental, hospitality, transportation, and charities, prioritises building trust-based relationships. With us, you're more than numbers; you're a partner in growth.
No Compromise, Just Maximise.
We'll Handle All Your Tax, Bookkeeping & Accounting Needs
Lower Taxes
We provide year-round tax reduction planning.
Saved Time
Don't waste you or your staffs time with bookkeeping or accounting tasks, let us handle this while you focus on what you do best.
Stay Compliant
We’ll be aggressive with your tax reduction planning, but we’ll ensure you’re protected from HMRC problems.
No Compromise, Just Maximise.
We'll Handle All Your Tax, Bookkeeping & Accounting Needs
Lower Taxes
We provide year-round tax reduction planning.
Saved Time
Don't waste you or your staffs time with bookkeeping or accounting tasks, let us handle this while you focus on what you do best.
Stay Compliant
We’ll be aggressive with your tax reduction planning, but we’ll ensure you’re protected from HMRC problems.
Here's How We'll Work With Your Business
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
07
In-Depth Tax Reduction Analysis
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
10
Meet Before Year End
We will meet well before year end to help you make any major decisions around spending and investing.
08
Perform Top-Tier Bookkeeping
We will make sure your accounting and
bookkeeping is always up to date.
11
Year End Taxes a Breeze
Your business and personal taxes are made easy since we have done your bookkeeping and payments through the year.
09
Pay in Taxes & Avoid Surprises
We will pay in your taxes according to the tax plan we created and ensure you never fall behind.
12
Build Tax Efficient Wealth
We will help you build wealth and
mitigate risks along the way.
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
01
Catchup & Cleanup
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
04
Monthly & Quarterly Reports
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
02
Full Tax Reduction Plan
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime.
05
Year-End Closeout
We will close out your financial year and
provide helpful reports.
03
Setup & Run the Best Payroll
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
06
Prepare & File Your Taxes
We will take care of your year end tax returns.
07
In-Depth Tax Reduction Analysis
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
10
Meet Before Year End
We will meet well before year end to help you make any major decisions around spending and investing.
08
Perform Top-Tier Bookkeeping
We will make sure your accounting and
bookkeeping is always up to date.
11
Year End Taxes a Breeze
Your business and personal taxes are made easy since we have done your bookkeeping and payments through the year.
09
Pay in Taxes & Avoid Surprises
We will pay in your taxes according to the tax plan we created and ensure you never fall behind.
12
Build Tax Efficient Wealth
We will help you build wealth and
mitigate risks along the way.
Hear What Our Clients Say
We're honoured to have such great customers.
Ausama
I am very impressed with Assurance Accountancy. I got in contact with Abz and we arrange a phone call within 24 hours.
Abz was very helpful and he explained everything to me in detail and was able to answer all my questions. He was kind, and very informative. I would highly recommend him and his services to anyone.
Sabina
I have heard nothing but great things about Assurance, mainly from family + friends who have worked with them.
For those who are newly self employed, feel free to look into Assurance as they will go above and beyonD your expectations. I am more than happy with my exoperience with Assurance and would highly recommend them!
Morris
I have been with Assurance even before I opened my takeaway, benefitting expert advice on setup, tax planning and record keeping from day 1.
I highly recommend any business to appoint Assurance for accountancy and taxation. Very happy.
Callum
I initially needed help urgently from Assurance and they were able to deal with it within less than 24 hours and completely understood my concerns.
Since then, I have retained Assurance to do my returns and not only do they have a personal touch and understand the needs of your company, but they understood the area of work you are in and can really help when filling out your return - they go above and beyond!
FAQ
Demystifying the Accounting Process
What is a UTR number?
A UTR (Unique Taxpayer Reference) number is a 10-digit number issued by HM Revenue and Customs (HMRC) to uniquely identify individual taxpayers. It's essential for self-assessment tax returns and other tax-related matters in the UK
Can I use a personal account for a business purchase?
While it's technically possible, it's not recommended. Mixing personal and business finances can complicate your records and potentially cause tax issues. It's best to keep separate accounts for clarity and ease of accounting.
How quickly can you set up a business and business bank?
We can help set up your business swiftly, often within a day for most structures. As for a business bank, as Tide banking partners, we can streamline the process, getting you set up rapidly, sometimes in a matter of hours.
Is it a good idea to put a new car on the business?
Whether to put a car through the business depends on various factors like the type of vehicle, its primary use, and potential tax implications. Generally, if the car is used primarily for business purposes, it might be beneficial, but there are considerations like Benefit-in-Kind tax to factor in. Always consult with us for tailored advice.
What services do you offer for startups?
From business formation and tax planning to guiding you on best practices and software recommendations, we're here to support startups in their early stages and beyond. We ensure you're compliant, efficient, and well-informed.
How often should I update my financial records?
Regularly updating financial records ensures accuracy and ease when it comes to year-end accounting or any financial reviews. While monthly updates are common, the frequency can depend on the size and nature of your business. We can guide you on a suitable schedule.
How do I know if I need to register for VAT?
In the UK, if your business' VAT taxable turnover exceeds the current threshold (which can change yearly), you'll need to register for VAT. However, even if you're below the threshold, voluntary registration has its benefits. Consult with us to determine the best course of action for your business.
What is the difference between a sole trader and a limited company?
Sole traders run their own businesses as individuals. While it's simpler to set up, there's no distinction between personal and business assets, making you personally liable for business debts. A limited company is a separate legal entity, providing a clearer division of assets and potential tax benefits. There are advantages and disadvantages to each, depending on your business goals.
Can I claim expenses if I work from home?
Yes, in the UK, if you work from home, you can claim a portion of your household costs for business purposes, such as heating, electricity, and even rent. The exact amount and method of calculation can vary based on your working arrangement, so it's essential to keep accurate records and consult with us for guidance.
How do I determine the correct salary to pay myself from my business?
There are multiple factors to consider, including tax implications, the health of your business finances, and your personal financial needs. Drawing the right balance between salary and dividends, for instance, can offer tax advantages. We can assist you in determining an optimal compensation strategy tailored to your circumstances.These additional questions aim to address some other common uncertainties or points of interest for UK-based businesses or individuals seeking accounting advice.
