Small Business Accounting Services to Help You Achieve Happiness
Our small business accounting services are designed to help you know your numbers, take your small business to the next level and achieve financial freedom.
Effortlessly manage your small business’s basic accounting needs with our dedicated accountant
Business is made up of numbers.
Just about everything in business that matters is a number:
- Your sales
- Your margins
- Your customer base
- Your costs
- Your profit
- Your cash flow
ALL driven by numbers.
Now, when business owners want their businesses to grow significantly, what do they usually focus on?
- Market research?
- A sophisticated new website?
- Advertising campaigns?
- Attending more exhibitions?
- Direct mail campaigns?
These are all perfectly valid ways to grow a business, but if you don’t have a right team of accountants who help you make understand the numbers behind these activities , the results can be catastrophic.
Our range of small business accounting services allows you to stay on top of your business, with our expert advice, guidance and support.
We will take care of your years end accounts, payroll & HR, VAT, Bookkeeping and personal tax returns. We will set up all the reminders to make your business accounting seamless.
On the other hand, your dedicated growth accountants will liaise with you to reduce your tax bill. We help people like you get all the money they need, to own better things and have a better work life balance. Our ultimate goal is to make your business a happily successful venture.
I am so glad that I chose Heighten as my accountant
I am so glad that I chose Heighten as my accountant when setting up my business and cannot recommend them highly enough. As a new business owner, I needed a lot of guidance and I have been fortunate to have the very knowledgeable team of accountants support me over the last few years. Without their advice, I would be truly lost! No question was ever too small or silly, they would respond quickly and with a high quality of advice. The prices are very competitive and the quality of service is excellent.
James L
MD & Entrepreneur
Do It With Love
Why choose our small business accounting services?
In the past, like most professionals, our small business accounting clients concentrated on doing the things it said on our letterhead:
- Bookkeeping
- Payroll
- VAT
- Tax
- Accounts
We kept gathering all this information about what made businesses tick.
And sometimes we’d even share some of our findings and ideas with our clients. But, like every other accountant, we didn’t really use it systematically.
Then a little while ago we went to a hotel and spent three solid days thinking about how we could do more at Heighten for our clients than ever before.
And that’s when we decided to start systematically using everything, we’ve discovered over the years to start helping our clients to become much, much more successful and profitable.
We use a unique 9 step process to help your business to grow, give you practical advice in plain English, complete your accounts in 30 days or give you your money back!
We take away the hassle of running your business and never charge a single penny more than you agreed to in advance.
Our accounting solutions for small businesses (What is included)
We aim to provide a structured and hassle-free approach to managing your business finances, while also ensuring that everything stays compliant with HMRC and efficient for you. Our expert accountants can help you achieve your business goals in these structured approaches:
1. Initial Consultation & Setup
Understanding your business’s financial needs is the first step toward a solid foundation. Our experts can
- help set up your accounts, ensuring compliance from the start.
- Build a strong accounting foundation tailored to your business needs.
- Get assistance with company formation and HMRC registration if required.
2. Book keeping & Financial Management
Keeping financial records accurate and organised is essential for your business success. Our team
- provides guidance on maintaining clear and up-to-date accounts.
- Ensure accurate record-keeping with cloud bookkeeping solutions.
- Uses financial forecasts, budgets, and planning to make informed business decisions.
This can help you gain a clear understanding of your business’s financial health with management accounts.
3. Payroll & Compliance Support
Payroll management can be complex, but a smooth system ensures employees are paid on time and regulations are met. Our specialists can:
- Simplify payroll processing, including CIS accounting & payroll for construction businesses.
- Help you stay compliant with PAYE health checks and regulatory guidance.
4. VAT & Tax Planning
Navigating VAT and tax obligations can be challenging, but strategic planning will help you optimise your liabilities. Our experts ensure compliance while maximising efficiency. They will also help you
- Get support with VAT registration, VAT returns, and choosing the right VAT scheme.
- Optimise your business’s tax efficiency with corporate tax planning while ensuring compliance.
- Receive expert guidance on personal tax returns & planning as business owners and directors.
5. Ongoing Support & Advisory
Running a business comes with continuous financial responsibilities. Ongoing expert advice helps you stay financially secure. Our team will
- Act as your agent with HMRC, managing tax and compliance matters on your behalf.
- Offer you professional fee protection, covering costs in case of a tax investigation.
- Help you structure tax-efficient remuneration packages to optimise your income as a director/Owner.
At heighten, our goal is to make accounting stress-free so you can focus on growing your business with confidence.
How our small business accounting services works
Accounting needs evolve as your business grows. That’s why our small business accounting services are designed to support start-ups, growing businesses, and established enterprises at every stage.
With our “Switching Made Easy” service, moving your accounting to us is seamless and hassle-free.
Tailored Support from Day One
Our process begins with an Initial ‘Getting to Know You’ Meeting, where we discuss your specific requirements and identify the best solutions for your business. Our onboarding team takes the time to understand your business needs, ensuring a bespoke accounting solution tailored just for you.
A strong financial foundation is key to business success, and we help you achieve this by making your accounting as efficient as possible. Together, we’ll customise the right package and additional services to match your needs.
Your Journey with Us: Step-by-Step
Here’s what working with us looks like:
- Accept Your Tailored Proposal – A personalised accounting plan designed for your business.
- Get Assigned a Dedicated Accountant – Your go-to expert for all accounting and tax matters.
- Discuss Your Business Goals – Align your financial strategy with your growth plans.
- Set Up Online Accounting – Access real-time financial data with cloud-based solutions.
- Streamline Your Apps & Tools – Integrate the right digital tools to simplify your financial processes.
- Bookkeeping & Compliance Done for You – Stay organised and compliant with statutory reporting.
- Regular Check-ins for Growth & Tax Savings – Ongoing support to optimise tax efficiency and drive success.
The Heighten 7-Step Success Roadmap
Our accounting services cover all key areas to help you build a financially strong and thriving business:
- Building a Strong Accounting System – Laying the foundation for financial clarity and control.
- Automating Compliance Processes – Ensuring seamless statutory reporting and tax compliance.
- Understanding & Improving Financial Numbers – Giving you insights to make informed business decisions.
- Growing Your Dream Business – Supporting expansion and financial sustainability.
- Wealth Generation & Protection – Helping you build and safeguard long-term financial success.
- Aligning Business Finances with Personal Goals – Ensuring your business supports your lifestyle aspirations.
- Maintaining Work-Life Balance – Creating financial stability for a stress-free entrepreneurial journey.
Our goal is simple: to handle your accounting efficiently so you can focus on running and growing your business with confidence.
Small business accounting tips
1. Reducing tax on company profits
There are several ways to reduce the corporation tax bill. These can include extracting funds from the company, using a salary (or bonus), interest, rent, and pensions, making gifts and get tax relief.
It may be possible to claim extra tax relief based upon research and development expenses incurred.
Properly documented obligation and contributions could reduce the tax on the car benefit in kind as well as national insurance and your own tax bill.
2. Extracting company profits tax efficiently
If your spouse is a company director / company secretary, you may wish to consider having the company pay them a reasonable salary for their duties and responsibilities.
3. Rewarding key employees
Consider offering to some of your employee’s payments direct from the company to their pension schemes in exchange for reductions in their salaries.
Providing correctly documented, where an employee takes a van (or most pickups) home with no other private use there is no Benefit In Kind and hence no tax for employee and save you in NIC too.
4. Buying and selling business assets
If you are looking to sell the company property, then with planning it may be possible to avoid VAT being reclaimed by HMRC and reduce the tax on the sale.
5. Shareholder issues
As the amount of Inheritance Tax on your estate can be affected if too much cash is left in the business you may wish to consider ways to extract the surplus funds.
You may wish to consider restructuring your business to save tax each year.
6. Exit Planning
If you are looking to sell the business in the near future, then it may be worth reviewing the position now to ensure that tax savings can be maximised.
I can thoroughly recommend them…
I have been using Heighten Accountants for a number of years now and they have always provided an excellent, timely and professional service.I can thoroughly recommend them and will be continuing to use them in the future. Thank you.
Dr. Dan Martin
Founder and Business Owner
NW3 Medical Practice
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Small business accounting service FAQ’s
We have been frequently asked this question. ‘But you’re only an accountant. How can you help us growing and making our business happily successful venture?
Yes, we are only accountant and that’s exactly why we think we can help. As an accountant we see hundreds of businesses from the inside. We look at their numbers. We see their records. And We talk to their owners in a way that nobody – and we mean literally nobody – else ever gets the chance to do. What’s more, as an accountant, we use our analytical skills to cut through the hype to see what is really happening and what is really working in those businesses. And we calculate the impact on the bottom line.
We’ve teamed up with some of the country’s leading business thinkers, including an internationally published business author and former national entrepreneur of the year, to form an association of independent added value business advisers. And together we’ve pooled our ideas, experiences, and knowledge to create a set of tools., systems and processes designed specifically to help businesses like yours become more successful and profitable.
Categorically not. We are not suggesting for a minute that you’ve done a single thing wrong. But what we are saying is, that in a sense you are like Alex Ferguson at Manchester United.
Everybody knows that Alex Ferguson is one of the most successful football managers and advisor of the last 20 years. But even he kept trying new tactics, new game plans, new moves, and sometimes even new players. And when he makes those sorts of changes, nobody even thinks of suggesting that he might have got it wrong in the past. Instead, they applaud him for not resting on his laurels – and for having the vision and courage to build on his past successes by constantly trying new things.
Sir John Harvey-Jones put brilliantly when he said “The only test of management, and it is a tough one, is success. But success comes more easily to those who study the world around them, and are continually updating their craft, than to those who try to repeat a formula that once worked in the past”. Alex Ferguson certainly agrees with Sir John Harvey-Jones. And we do too. How about you?
Running a business becomes quite simple when you have the right frameworks and accounting processes in place. Once installed, these dependable processes ease anxiety and reduce the amount of mental effort you expend trying to figure it all out. They help you ensure your business works like a money-making machine.
Quality of data and Information from your accounting system influences business decisions.
You or your revenue and finance director should be engaged with your accountants to make decisions around, finding and implementing the right cloud-based accounting system, such as Xero/QuickBooks & Dext, conducting regular data quality health checks such as Bookkeeping, VAT & Payroll and investing time in setting up a digital KPI dashboard (One Page Plan) for the management team.
To get most out of your accounting system, Heighten team helps you to automate your bookkeeping and set you up your ‘One Page Plan’ for strategic meetings.
We guess being in business you make investment decisions all the time, don’t you?
Decisions like whether to invest £20,000 in a new bit of machinery or technology, whether to invest £30,000 in a new employee, or whether to invest £40,000 in a new marketing campaign?
There’s always some risk, of course, but provided the risks are low and the rewards are high, it usually makes sense to go ahead, doesn’t it?
Well, working with Heighten Accountants is an investment decision too.
But it’s an investment decision where the risks are very small – because none of our clients have ever lost money on this type of investment with us in the past and/or and there’s an unconditional money back guarantee if you aren’t completely delighted and/or anything else that explains why the risk is low.
