Start up advice
Accountants for startups
At Ellacotts we’re expert accountants for startups and helping businesses get up and running. We can guide you through those early and exciting stages to implement your vision for your new business.
You’ll have a key contact and supporting team at Ellacotts who will help with:
Structure & strategy
We like to get involved early on to discuss your business plan and make sure you choose the best business structure both for now and in the future.
These are important decisions to get right at the start as they can be costly to change at a later date.
Raising finance & cashflow forecasts
If you need some initial funding, we can calculate how much you may need and prepare forecasts to present to banks or investors.
HMRC registration
We can help with completing your registrations with HMRC, from Corporation Tax and VAT to payroll.
Accounting software
We can advise on the most suitable accounting software for your business and help get you up and running on it. Our team of Online Accounting experts specialise in providing tailor-made online accounting solutions designed to help grow your business. We’re proud to be a Xero Platinum Partner meaning we’re certified in the setup and operation of Xero, which is digitally compliant for Making Tax Digital.
Contractors & IR35 status
If you provide services through a limited company you may be affected IR35. This legislation is designed to determine whether or not you should pay tax and national insurance as an employee. It is a complicated part of law with many grey areas so we can help you navigate these issues and what you can do to mitigate your risks.
Additional services
As well as making sure your new business gets off to the best start, we can help with your day-to-day accounting needs. Our team can also advise you on:
- Online accounting services
- Payroll
- Outsourcing bookkeeping, VAT and management accounts
Sectors we work with
Speak to an expert
Business services
Audit & assurance
Business protection assurance
Business tax planning
Capitalise business funding
Corporate finance consulting
Corporate tax
Employee ownership trust
Exit strategies
Forensic services
IR35
Mergers, acquisitions & disposals
Outsourced bookkeeping & VAT
Patent box tax
R&D tax relief
Share schemes & employee benefits
Specialist corporation tax services
Start up advice
VAT
Ready to get started?
Finances can be complicated.
Let us connect the dots for you.
Related news
Financial Intermediaries
Businesses that serve as intermediaries in financial transactions often face uncertainty regarding whether their services qualify for the VAT exemption on financial services. We get asked by a myriad of businesses querying their VAT position, which includes IFA’s...
Work Expenses
Claims for PAYE employment expenses not reimbursed by the employer now automatically face greater scrutiny by HMRC. Each year, many employees claim tax relief for job-related expenses, such as subscriptions to professional bodies, business mileage, or travel and...
VAT penalties update: Points mean penalties
The way in which HMRC charges penalties for late VAT return submissions and late VAT payments has changed. All VAT return periods starting on or after 1 January 2023 will be caught under the new VAT penalty system.
Contact us
Have a question or need to get in touch?
Our accreditations
We are proud to be recognised as a Top 100 Accountancy firm in the Accountancy Age 2024 survey. We are longstanding and active UK200Group members, and affiliate members of AGN, an international association of accountants. We have One Star Best Companies status, reflecting our commitment to being a great workplace. As a Xero Platinum Partner, we are dedicated to supporting our clients in online accounting.
Banbury
Countrywide House
23 West Bar Street
Banbury
Oxfordshire
OX16 9SA
T: +44 (0)1295 250401
Birmingham
Cornwall Buildings
45 Newhall Street
Birmingham
B3 3QR
T: +44 (0)121 2894455
Kettering
Vantage House
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
T: +44 (0)1536 646000
London
Suite 100
99 Bishopsgate
London
EC2M 3XD
T: +44 (0)20 36937315