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Taxwise Accounting profile image
T

Taxwise Accounting

Manchester

‘19 Certificate of Excellence

Taxwise Accounting is a small but resourceful, family-run, firm of certified accountants based in Sale. We notice that a lot of accountancy firms claim to be 'different', yet we still get feedback from new clients that meetings with their previous accountants were about as enjoyable as visiting the dentist! We take the time to listen to our clients, as this helps us to provide not only a service that they need, but also the kind of service they 'want'. This, together with our in-depth knowledge, hands-on experience and the close relationships we develop with our clients, is what differentiates us from other firms. What's more, we don't charge the earth! We keep overheads to a minimum and utilise the very latest technology, which is why our fees are normally lower than those charged by others.

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What kind of accounting services do you provide?

We provide services tailored to our clients' specific needs. Lots of clients are now using cloud accounting software such as Xero, Quickbooks, Sage, Freeagent, etc. which we think is great! We are happy to do all of the bookkeeping for them, providing the business owner with monthly management accounts and more importantly, helping them to interpret and understand that information. We also have many clients who do their own bookkeeping and in these instances we will support them in doing this and review the accounts periodically and make any amendments. Other clients generate their sales invoices themselves using online accounting software and then scan and email their receipts / purchase invoices to us, so that we can then process them onto the accounting software and reconcile the bank.

It all depends on what level of support each individual business needs.

We provide
- year-end accounts preparation services
- bookkeeping (cloud and desktop)
- tax return preparation
- VAT returns
- management accounts
- outsourced FD services
- payroll & PAYE
- business growth advice

We do this for
- individuals
- businesses (small and large)
- limited companies
- partnerships & LLP's
- trusts

Why is it so important for businesses to hire a great accountant?

Because a great accountant can make such difference in many ways - a good accountant will keep you compliant with HMRC & Companies House, ensuring everything is submitted on time.
A Great accountant will ensure you are fully in control of how your business is performing, in real time, and will then help you to understand and interpret the numbers in a way that makes it easier to make key decisions. A great accountant should feel like your business partner - somebody who you can use as a sounding board for new ideas, somebody to turn to in times of distress, someone who wants to understand every detail of how your business operates, but most of all, someone who you can trust!

What do you love most about your job?

Personally, I love the feeling of having helped a business through troubled times and watching it grow, knowing that I have made a difference. Many clients can attest to this.

What inspired you to start your own business?

I have worked at accountancy practices previously and have witnessed first hand how clients were charged exorbitant fees to have their accounts prepared once a year by junior members of staff, before being 'signed off' by a Partner in the firm, who would then have a meeting with the client, exchange pleasantries, comment on how the turnover had increased or decreased, then present an invoice.

I knew that there was a huge gap for somebody to come along and give not a 'better service' but what I call a'WOW' service. This is what I set out to do, and this has now become a culture within our business.

Why should our clients choose you?

We are businesspeople who also happen to be accountants. We understand the challenges faced by business owners, as we have faced these exact challenges ourselves. Taxwise Accounting has never 'bought-out' other accountancy practices and I was never handed the reins to a ready made business, I have built the practice from zero and it has been quite a journey.

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