At Red Parrot Accounting, we’ve proudly served over 1,000 clients across various industries, managing more than £20 million in assets annually. With a 98% tax return accuracy rate and over 3,000 filings, we focus on strategic planning that saves our clients an average of £10,000 per year.
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4 customer reviews
Tomita Pasere
After nearly a decade of working together, I can confidently say that my accountant has been an invaluable asset to my financial well-being. Their expertise and dedication have consistently impressed me over the yearsProfessional Excellence Expertise and Knowledge: My accountant's deep understanding of tax laws, financial regulations, and accounting principles has been evident throughout our long-standing relationship. They have always stayed up-to-date with the latest changes in the field, ensuring that my financial matters are handled with the utmost accuracy and complianceAttention to Detail: One of the most commendable aspects of their work is their meticulous attention to detail. Whether preparing tax returns or analyzing financial statements, they leave no stone unturned, resulting in consistently error-free workClient-Focused Approach Clear Communication: Complex financial concepts can be daunting, but my accountant excels at breaking down intricate information into easily understandable terms. Their ability to explain financial matters clearly has been instrumental in helping me make informed decisions about my financesResponsiveness: Whenever I've had questions or concerns, my accountant has been incredibly responsive. They promptly address any issues, often going above and beyond to ensure my peace of mindValue-Added Services Proactive Advice: Beyond just crunching numbers, my accountant has consistently provided proactive advice to optimize my financial situation. Their foresight in identifying potential issues and opportunities has been invaluablePersonalized Service: Over the years, they have taken the time to truly understand my unique financial situation and goals. This personalized approach has resulted in tailored strategies that have significantly benefited my financial healthReliability and Trust After nearly a decade of working together, I can say with confidence that my accountant has earned my complete trust. Their consistent professionalism, ethical conduct, and commitment to my best interests have made them an indispensable part of my financial teamIn conclusion, I wholeheartedly recommend my accountant to anyone seeking top-notch financial services. Their expertise, dedication, and client-focused approach have made our 10-year partnership not just successful, but truly exceptional. More...
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Wilson Maharjan
Very nice and amooth
Reviewed on Google Maps
Uttam Chalise
Reviewed on Google Maps
Nawaraj Tripathee
Reviewed on Google Maps
What kind of accounting services do you provide?
At Red Parrot Accounting, we offer a full range of accounting services tailored to meet the needs of individuals, startups, and growing businesses. Our core services include:
1. Bookkeeping – Clean, organised, and HMRC-compliant records.
2. VAT Returns – Accurate and timely VAT submissions, including MTD compliance.
3. Payroll – Efficient payroll processing for businesses with 1 to 300+ employees.
4. Self-Assessment Tax Returns – For individuals, sole traders, landlords, and contractors.
5. Company Registration – Complete setup and guidance for limited companies.
6. Mortgage Assistance – Support with income verification and financial documentation.
7. Financial Reporting & Business Advice – Over 1,000+ reports prepared to help clients make informed decisions.
We also provide custom pricing depending on your business size and service needs—keeping it practical and affordable.
Why is it so important for businesses to hire a great accountant?
A great accountant does far more than just “do the numbers.” At Red Parrot Accounting, we’ve seen firsthand how proper financial management can make or break a business.
Here’s why hiring a skilled accountant matters:
1. Saves Money: We've helped clients save an average of £10,000 per year through smart tax planning and financial strategy.
2. Ensures Compliance: We maintain 100% client compliance, minimising the risk of HMRC penalties or costly mistakes.
3. Supports Business Growth: With over 1,000 accurate financial reports delivered, we’ve helped businesses make informed decisions that fuel long-term growth.
4. Reduces Risk: From flawless documentation to clear audit trails, we reduce audit risks and improve financial transparency.
5. Saves Time & Stress: Business owners can focus on running their business while we take care of the complex financial side—accurately and efficiently.
Put simply, a great accountant doesn’t cost you money—they save you money, protect your business, and help it grow.
What do you love most about your job?
At Red Parrot Accounting, what we love most is seeing the real impact our work has on our clients’ lives and businesses.
Whether it’s helping a self-employed client save thousands on their tax bill, supporting a first-time business owner with their company setup, or ensuring a restaurant avoids payroll errors—we’re genuinely motivated by results. We’re not just doing paperwork; we’re:
1. Solving problems that keep business owners up at night
2. Contributing to financial growth and stability
3. Helping people make smarter, stress-free decisions about money
After 6 years in the industry, it's still fulfilling to hear things like “I finally feel in control of my business finances” or “I wish I had found you earlier.” That’s what keeps us going.
What inspired you to start your own business?
Red Parrot Accounting was born out of a simple but powerful observation — too many small businesses were overpaying for poor-quality accounting, getting generic advice, and dealing with avoidable HMRC issues.
We saw a gap in the market for an accounting firm that’s affordable, proactive, and genuinely invested in its clients’ success. After working in the industry, it became clear that businesses needed more than just someone to file their taxes — they needed a partner who could help them grow, stay compliant, and save money at the same time.
That’s what inspired us to start Red Parrot Accounting over 6 years ago. Since then, we’ve helped 1,000+ clients, filed 3,000+ tax returns with a 98% accuracy rate, and saved businesses an average of £10,000 per year through smart financial planning. We built this firm to make accounting simple, clear, and results-driven — and we’re proud of how far we’ve come.
Can you provide your services online or remotely? If so, please add details.
Absolutely — Red Parrot Accounting is fully equipped to deliver all our services online and remotely. In fact, most of our 1,000+ clients work with us this way.
Here’s how we make remote accounting smooth and efficient:
1. Digital Document Sharing: You can securely send us your receipts, invoices, bank statements, and other documents through email or cloud platforms like Google Drive, Dropbox, or our secure client portal.
2. Online Consultations: We offer video or phone consultations to discuss your accounts, tax planning, and business advice—no matter where you are in the UK.
3. Cloud Accounting Software: We work with leading tools like Xero, QuickBooks, and FreeAgent, giving you real-time access to your financial data.
4. Email & WhatsApp Support: Quick questions? We’re available on email and even WhatsApp for fast, practical responses.
5. E-signatures & Digital Filing: No need to visit our office—your documents can be reviewed and signed electronically, and all filings (e.g. VAT, payroll, tax returns) are submitted online to HMRC.
Remote service doesn’t mean lower quality. We’ve built efficient systems that keep everything compliant, accurate, and easy to manage — saving you both time and money.
Taxation – Corporation and Personal
Navigating the complexities of UK tax laws can be overwhelming for businesses and individuals, often leading to missed deadlines or errors. Failure to comply with tax obligations can result in penalties, such as fines of up to £1,000 for late corporation tax payments or penalties ranging from 0% to 100% of underpaid personal tax, depending on the severity of the mistake. Red Parrot Accounting can help you by ensuring accurate tax calculations, timely submissions, and proactive planning to optimize your liabilities while staying compliant with ever-changing regulations. This not only avoids costly penalties but also provides peace of mind and maximizes your financial efficiency.
Bookkeeping
Maintaining accurate and organized financial records can be a time-consuming and challenging task for businesses. Errors or omissions in bookkeeping can lead to compliance issues, financial mismanagement, and HMRC fines starting at £250 for inaccurate records, plus interest on unpaid taxes. Red Parrot Accounting can help you by meticulously managing your daily financial transactions, ensuring proper categorization, and reconciling your accounts regularly. This allows you to make informed decisions, remain compliant, and focus on growing your business while we take care of the details.
Payroll
Managing payroll is a critical yet complex task, where even small errors can cause employee dissatisfaction, legal disputes, or compliance issues. Missing PAYE deadlines or failing to pay National Insurance contributions can result in fines starting at £100 per missed filing and additional penalties. Red Parrot Accounting can help you by handling all aspects of payroll, including PAYE submissions, pension contributions, and year-end reporting, ensuring accuracy and compliance with UK regulations. By partnering with us, you maintain employee trust, reduce administrative burdens, and avoid penalties, all while ensuring timely and accurate payments.
VAT
Navigating VAT regulations and thresholds can be particularly challenging for businesses, with errors in VAT returns leading to audits and financial penalties. Late VAT filings can incur fines of up to 15% of the VAT owed, and errors can attract penalties ranging from 30% to 70% of underpaid VAT. Red Parrot Accounting can help you by managing VAT registration, preparation, and filing, ensuring compliance with HMRC rules while identifying opportunities for VAT recovery. This enables you to avoid penalties, improve cash flow, and focus on core business operations.
Financial Statement Preparation
Accurately preparing financial statements such as income statements, balance sheets, and cash flow statements is essential for businesses but can be highly complex and time-consuming. Errors in these reports can mislead stakeholders and attract regulatory scrutiny. Red Parrot Accounting can help you by providing professionally prepared, compliant financial statements that offer clear insights into your business performance. This ensures transparency, supports better decision-making, and keeps your business on a strong financial footing.
Self-Assessment Tax Returns
Filing self-assessment tax returns can be a daunting process, especially when navigating HMRC guidelines. Errors or missed deadlines can result in fines starting at £100 for late submissions, with additional daily penalties and interest for prolonged delays. Red Parrot Accounting can help you by preparing and submitting your self-assessment tax returns accurately and on time. This avoids penalties, minimizes stress, and ensures your personal and business finances remain compliant.
Company Formation and Business Forecast
Starting a new business involves complex paperwork, compliance requirements, and strategic planning. Errors in the setup process can delay operations and lead to compliance risks. Red Parrot Accounting can help you by streamlining the company formation process, ensuring all legal requirements are met, and providing tailored business forecasts to guide your growth. This ensures a smooth start for your business and equips you with a clear strategy for future success.
Accounting
Accurate accounting is vital for tracking your business's financial health and meeting statutory obligations. Errors or omissions in accounting records can lead to audits, compliance risks, and potential fines. Red Parrot Accounting can help you by offering expert accounting services, including transaction tracking, reconciliations, and financial analysis. This keeps your finances in order, ensures compliance, and supports better decision-making for sustainable growth.
Cash Flow Management
Managing cash flow effectively is crucial for maintaining business stability, but it can be challenging to predict inflows and outflows accurately. Poor cash flow management can lead to liquidity issues, delayed payments, and missed growth opportunities. Red Parrot Accounting can help you by analyzing your cash flow, identifying potential bottlenecks, and providing actionable recommendations to improve liquidity. This ensures you have the resources needed to meet your obligations and invest in growth opportunities.
Compliance Services
Staying compliant with changing laws and regulations can be complex and time-intensive for businesses. Non-compliance with financial, tax, or legal requirements can result in significant fines and damage to your reputation. Red Parrot Accounting can help you by monitoring regulatory changes, ensuring all filings and reports are submitted accurately and on time. This minimizes risks, protects your reputation, and allows you to focus on achieving your business goals.
Outsourcing Services
Managing cash flow effectively is crucial for maintaining business stability, but it can be challenging to predict inflows and outflows accurately. Poor cash fManaging all financial tasks in-house can be costly and inefficient, especially for small businesses. Overburdened staff or a lack of expertise can lead to errors and delays. Red Parrot Accounting can help you by offering professional outsourcing services, including bookkeeping, payroll, and tax management. This reduces overheads, ensures expertise in every task, and allows you to focus on your core business operations.low management can lead to liquidity issues, delayed payments, and missed growth opportunities. Red Parrot Accounting can help you by analyzing your cash flow, identifying potential bottlenecks, and providing actionable recommendations to improve liquidity. This ensures you have the resources needed to meet your obligations and invest in growth opportunities.
