Norfolk Accountant

Supportive | Growth Minded | Faster Accounts

Speak to an Accountant

Norfolk Accountant

Supportive | Growth Minded | Faster Accounts

Speak to an Accountant

Client-focused Tax Services

Your trusted Norfolk accountant providing expert tax services, personalised account advice, and stress-free solutions for individuals and businesses. You won't be passed from pillar to post, we work efficiently to save you as much tax as possible. Experienced accountants are on hand to give free business advice to help support and grow your business.

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Norfolk Accountant Services

Drowning in receipts and spreadsheets?

Accounting preparation can be a time-consuming and complex process for limited companies in the UK. Simpler Tax offers a comprehensive accounting software solution that can automate data entry, generate reports, and collaborate with accountants. This frees up business owners' time to focus on growing their business.


Key benefits of using Simpler Tax:


  • Save time and money: Automate data entry and generate reports quickly and easily.
  • Improve accuracy: Eliminate manual errors and ensure compliance with UK regulations.
  • Gain insights: Get valuable insights into your business performance with easy-to-read reports.
  • Work with experts: Collaborate with experienced accountants directly through the software.

Overwhelmed by Personal Tax? Let Us Handle It!

Our team of professional accountancy specialise in personal tax. Simpler Tax can help with various tax issues including self assessment, income tax, capital gains tax, and inheritance tax. They offer year-round tax advice and have helped clients minimise their tax burden. 


How We Can Help You:


  • Effortless Tax Returns: We'll take the hassle out of filing your tax returns, ensuring they're accurate and submitted on time.
  • Tax Liability Calculation: We'll accurately calculate your tax liability so there are no surprises.
  • HMRC Representation: Facing an inquiry from HMRC? We'll be your advocate and guide you through the process.
  • Personalised Tax Advice: Get expert advice tailored to your unique financial situation, helping you make smart tax decisions.


Tired of corporate tax headaches?

Corporation tax can be a complex and time-consuming burden for businesses. But with the help of Simpler Tax, you can take the stress out of corporate tax administration and focus on what you do best: running your business.


Simpler Tax is a team of experienced professionals who can help you:


  • Minimise your corporate tax exposure
  • Ensure you are compliant with all HMRC regulations
  • File your corporation tax return on time and accurately
  • Get expert advice on all aspects of corporation tax

With Simpler Tax, you can:


  • Free up your time and resources to focus on growing your business
  • Reduce your risk of penalties and fines
  • Gain peace of mind knowing that your corporation tax is in good hands

Ready to simplify your VAT?

VAT can be a complex and time-consuming burden for businesses. But with the help of Simpler Tax, you can navigate the VAT maze with confidence and ease.


Here are just a few reasons why you should choose Simpler Tax for your VAT needs:


  • Expert VAT specialists: Our team of experienced VAT specialists has a deep understanding of VAT regulations and can provide you with the expert advice you need to stay compliant.
  • Proactive approach: We take a proactive approach to VAT, working with you to identify potential problems and address them before they become costly issues.
  • Transparent pricing: We offer transparent pricing so you know exactly what you're paying for.
  • MTD for VAT: We are well-versed in Making Tax Digital (MTD) for VAT and can help you choose the right MTD-compatible software, set up and integrate the software, keep digital records, and submit VAT returns electronically.

Don't go it alone!

Simpler Tax is here to provide the expert guidance and support you need to navigate the complexities of starting a new business.


Our experienced advisors can help you with:


  • Business plans: Developing a solid plan for success
  • Registration procedures: Ensuring you're legally compliant
  • Funding options: Exploring the best ways to finance your venture
  • Financial management: Setting up effective accounting systems
  • Tax planning: Optimising your tax strategy for maximum savings

Partner with Simpler Tax and:


  • Gain the confidence and clarity to make informed decisions
  • Avoid costly mistakes that could derail your business
  • Access a wealth of knowledge and experience to guide you every step of the way

Simplify Your Payroll, Maximise Your Time!

Simpler Tax takes the hassle out of payroll with our comprehensive services tailored to your unique needs. We handle everything from calculations and payments to year-end reporting so you can focus on what truly matters: growing your business.


Our payroll services include:


  • Accurate and timely payroll processing for employees and subcontractors
  • Management of PAYE, National Insurance, and pension contributions
  • Preparation and submission of payroll reports to HMRC
  • Year-end reporting and P60 distribution
  • Expert advice on all aspects of payroll legislation

Partner with Simpler Tax and enjoy:


  • Reduced administrative burden and stress
  • Increased efficiency and productivity
  • Guaranteed compliance with all payroll regulations
  • Peace of mind knowing your payroll is in expert hands

We Provide Great Accountancy Services

Save time

We provide the best tax tools to help your business run smoothly and save you time.

Experienced

We’ve been trading for over 30 years, have lots of satisfied customers in Norfolk and across the country.

CIMA Qualified

Our team are qualified and undertakes regular CPD to stay up-to-date with HMRC and accounting regulations.

Grow your business

Business advice for new businesses or businesses looking to grow to the next level.

Fed up with your accountant? Are they slow at providing company accounts and tax returns?

Simpler Tax prides itself in providing company accounts and tax returns in a timely manner. Whether you are a sole trader, self-employed or limited company then we are here to help.

Who We Partner With

We have partnered with the major accountancy software and app providers, so we can help you find the right one for your individual business needs:

Read Our Latest Blogs

Explore more blogs
Budget written over the top of UK landmark and flag
by Craig Davies 22 November 2024
Autumn Budget 2024: A Limited Company Survival Guide The Chancellor delivered the Autumn Budget 2024, and it's a mixed bag for limited company owners like you. While there are some glimmers of good news, there are also some significant changes that will impact your bottom line. Let's break down the key takeaways and what you need to do to navigate these choppy waters. The Big Hits National Insurance Hikes Get ready for a double whammy. Not only are employer NICs increasing from 13.8% to 15% from April 2025, but the threshold at which you start paying them is also dropping significantly (from £9,100 to £5,000). This means higher employment costs across the board, particularly if you have a lot of lower-paid staff. Need help understanding your payroll obligations? We can help. Capital Gains Tax (CGT) Rises If you're thinking of selling your business or shares, think again. CGT rates on business assets (excluding property) are going up, making it less attractive to cash out. Our team can provide expert advice on Capital Gains Tax and how to minimise your liability. The Silver Lining Employment Allowance Boost There is some relief for smaller businesses. The Employment Allowance is doubling to £10,500, which will help reduce your NICs bill. What This Means for You Tighter Margins The NICs changes will squeeze profits, making it crucial to review your pricing and cost control measures. Download our free guide to improving profit margins in your limited company . Tougher Hiring Decisions Increased employment costs might make you think twice about hiring new staff or giving out those generous raises. Investment Impacts Higher CGT rates could discourage investment and make it harder to attract funding. Taking Action: Don't Just Weather the Storm While some of these changes are unavoidable, there are steps you can take to mitigate their impact: Review your staffing costs Can you increase automation or efficiency to reduce reliance on lower-paid roles? Explore options like apprenticeships which may have government support schemes attached. Consider alternative staffing models like flexible working or contracting where appropriate. Revisit your pricing strategy Can you absorb some of the increased costs by adjusting your prices? Be mindful of market competition, but don't be afraid to reflect the changing landscape. Plan for the long term If you were considering selling your business, seek professional advice on how the CGT changes affect your timeline and options. Explore tax-efficient investment strategies to make the most of your capital. Seek expert advice An accountant or tax advisor can provide tailored guidance on how to navigate these changes and optimise your financial position. Contact us today for a free consultation. This budget presents challenges, but with careful planning and proactive measures, you can ensure your limited company not only survives but thrives. Ready to take control of your finances and navigate the Autumn Budget 2024 with confidence? Get in touch with Simpler Tax today.
by Craig Davies 22 November 2024
Boost Your Bottom Line: A Free Guide to Improving Profit Margins in Your Limited Company Running a limited company in today's economic climate can feel like navigating a financial obstacle course. But fear not! This guide is packed with practical strategies to help you improve your profit margins and build a more resilient business. 1. Know Your Numbers Track Key Metrics: Don't just glance at your bank balance. Dive deeper into your gross profit margin, net profit margin, and operating profit margin. Understanding these figures reveals where you're excelling and where you need to focus your efforts. Utilise Accounting Software: Tools like Xero or QuickBooks can automate much of your financial tracking, giving you valuable insights and freeing up your time. Please read our blog on accountancy software for more information. 2. Optimise Your Pricing Review Regularly: Don't let your prices stagnate. Analyse your costs, competitor pricing, and market trends to ensure you're charging what you're worth. Value-Based Pricing: Shift your focus from cost-plus pricing to value-based pricing. Highlight the unique benefits you offer and price accordingly. Consider Tiered Pricing: Offer different packages or service levels at varying price points to cater to a wider range of customers. 3. Control Your Costs Direct Costs Negotiate with Suppliers: Build strong relationships with suppliers and don't be afraid to negotiate better rates or bulk discounts. Streamline Your Supply Chain: Can you source materials more efficiently or reduce waste in your production process? Indirect Costs Reduce Overhead: Scrutinise your rent, utilities, and office supplies. Can you negotiate better deals or downsize where possible? Embrace Technology: Automate tasks, streamline workflows, and reduce reliance on manual processes to save time and money. 4. Boost Sales and Revenue Marketing Magic: Target Your Ideal Customer: Focus your marketing efforts on reaching the right audience with the right message. Leverage Digital Marketing: Explore cost-effective online channels like social media, content marketing, and email marketing. You can enlist the expertise of a digital marketing company to help. Customer Relationship Management (CRM): Nurture existing customer relationships to encourage repeat business and referrals. 5. Seek Expert Advice: Don't Go It Alone: Seek the advice of a qualified accountant at Simpler Tax can provide invaluable guidance on tax planning, financial forecasting, and identifying areas for improvement. Taking control of your profit margins is crucial for long-term success. By implementing these strategies and staying proactive, you can build a thriving and profitable limited company. Need help putting these strategies into action? Get in touch with Simpler Tax today for a free consultation .
by Craig Davies 22 November 2024
Drowning in Spreadsheets? Why Accounting Software is Your Business's New Best Friend Are you still relying on spreadsheets and manual calculations to manage your business finances? While spreadsheets have their place, they can quickly become a tangled mess, leaving you vulnerable to errors, wasted time, and missed opportunities. It's time to embrace the power of accounting software . Why Make the Switch? Here's how accounting software can revolutionise your financial management: Save Time and Boost Efficiency: Automate tasks like invoicing, expense tracking, and bank reconciliation. No more manual data entry or tedious calculations! Reduce Errors: Say goodbye to costly human errors. Accounting software ensures accuracy and consistency in your financial data. Gain Real-Time Insights: Access up-to-date financial reports with just a few clicks. Monitor your cash flow, profitability, and overall financial health in real-time. Improve Decision-Making: Make informed business decisions based on accurate and timely financial data. Simplify Tax Time: Generate tax reports with ease and ensure compliance with tax regulations. Enhance Collaboration: Share access with your accountant or team members, facilitating seamless collaboration and communication. Choosing the Right Software With so many options available, finding the right accounting software can feel overwhelming. Consider these factors: Business Size and Needs: Choose software that scales with your business and offers the features you need, whether you're a freelancer, a small business, or a growing enterprise. Ease of Use: Opt for user-friendly software with intuitive interfaces and readily available support. Integration with Other Tools: Ensure the software integrates with your existing business tools, such as your CRM or payment gateway. Budget: Explore pricing plans and choose a solution that fits your budget. Popular Accounting Software Options Xero: A cloud-based accounting solution popular with small businesses and freelancers. Quickbooks: A comprehensive accounting software with options for both online and desktop use. Used by many limited companies . Sage: A well-established accounting software provider with solutions for businesses of all sizes. FreeAgent: A user-friendly online accounting software designed for freelancers and small businesses. Making the Transition Switching to accounting software can seem daunting, but with the right support, the process can be smooth and stress-free. Data Migration : Many software providers offer data migration services to help you transfer your existing financial data. Training and Support: Take advantage of tutorials, online resources, and customer support to get up to speed quickly. Ready to ditch the spreadsheets and embrace the future of financial management? Contact Simpler Tax today for expert advice on choosing the right accounting software for your business. We can help you select the perfect solution, set up your account, and provide ongoing support to ensure you're maximising the benefits of your new accounting software.
by Craig Davies 19 September 2024
In today's fast-paced business world, time is a precious commodity. As a business owner, you're constantly juggling multiple responsibilities, and it's easy to feel overwhelmed.
sole trader plumber tightening sink waste pipe
by Craig Davies 19 September 2024
Feeling a bit lost in the world of company accounts? You're not alone! Many sole traders find financial record-keeping a bit daunting, especially when juggling the many other responsibilities that come with running a business.
A computer screen displaying HMRC's URL for submitting company accounts
by Craig Davies 19 September 2024
Submitting your company accounts is a vital part of running a limited company in the UK. It's a legal requirement that ensures transparency and helps Companies House maintain accurate records. At Simpler Tax, we understand that navigating the process can be daunting.
Self-employed designer working from home, making notes about her self-employment tax.
by Craig Davies 19 September 2024
Taking the leap to self-employment is exciting, but navigating the financial maze, especially when it comes to taxes, can be daunting. At Simpler Tax, we understand that managing your tax affairs shouldn't add to your workload.
Man holding phone with Simpler Tax's recommended accounting software open on the screen.
by Craig Davies 18 June 2024
Finding the right accountant is crucial for UK businesses. Simpler Tax guides you with 9 essential questions to ask potential accountants, ensuring a perfect partnership for your financial growth. Choose wisely, and avoid costly mistakes.
by Craig Davies 18 June 2024
Avoid costly accounting mistakes that can cripple your limited company. Simpler Tax guides you through common pitfalls like mixing personal and business finances, neglecting bookkeeping, and incorrect expense classification. Safeguard your company's financial health today!

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