Accountants Chester – Phillips & Co
Expert accountants Chester businesses choose for success
Accountants Chester | Tax & Business Services | Phillips & Co
Phillips & Co Accountants deliver experienced accounting and tax services for businesses and individuals throughout Chester. Need personalised financial solutions? Partner with the Chester accountants trusted by local businesses for expert guidance.
Our Core Services include:
Tax Planning and Compliance
Self-Assessment
Limited Company Accounts
Bookkeeping
Startup Business Services
With a 4.9 Google rating (94 reviews), we are committed to providing reliable, professional accounting support. Simplify your tax season – let our expert accountants in Chester help individuals ensure accurate Self-Assessment returns.
Get your no-obligation quote today.
Trusted Accountants Chester Businesses Choose for Success
For over 10 years, Phillips & Co has been the trusted partner for Chester businesses and individuals needing expert accounting and tax support. We understand the local Chester financial landscape, providing tailored solutions to help you achieve your goals and avoid financial stress. Get reliable, accurate, and timely service from the accountants local businesses turn to.
Why Choose Phillips & Co As Your Chester Accountants?
- Local Expertise: Solutions genuinely tailored for the Chester market.
- Maximum Tax Savings: We ensure you claim every deduction available.
- Cloud Accounting: Real-time data for better financial management (Xero Certified).
- Proven Excellence: Our 4.9 Google rating (94 reviews) shows our commitment.
- Certified Professionals: Experienced, ACCA-accredited accountants with local Chester knowledge.
Trusted by Businesses Across Chester
We’re proud to partner with a diverse range of businesses throughout Chester, helping them achieve financial clarity and success. Below are just some of the valued clients who trust Phillips & Co with their accounting needs.
Transparent Accountants Chester Businesses Trust
At Phillips & Co, we offer clear, competitive accounting fees specifically for businesses in Chester. Understanding the local need for cost-effective solutions, we help you ensure accurate annual accounts and VAT compliance through meticulous record-keeping. Rely on the accountants Chester businesses trust for financial clarity.
Tailored Accounting Packages for Chester:
Our accountants in Chester collaborate with you, understanding your unique business goals to craft bespoke accounting packages. Expect solutions tailored to your budget, delivered with complete fee transparency – no hidden costs.
Empower Your Chester Business:
Don’t wait! Get a free, no-obligation quote from our Chester accountants today and see how we fuel business growth. We empower you with the insights needed for informed financial decisions and long-term success in Chester.
Contact Our Chester Accounting Team
Call/WhatsApp: +44(1244) 220-062

Sole Trader

Ltd Company

Partnership

Individuals
Local Accountants Chester Businesses & Startups Recommend
Phillips & Co provides comprehensive accounting support designed for growth right here in Chester. Our experienced accountants understand the specific needs of local businesses – from established firms navigating compliance to ambitious startups finding their feet. If you’re launching a new venture, we’re the accountants Chester startups trust for expert guidance.
Full-Service Accounting Support in Chester
We offer a complete suite of services tailored for the Chester market. Let our dedicated Chester accounting team help you manage finances and achieve your goals:
- Expert
: Navigate regulations and minimise tax liabilities.Tax Planning & Compliance : Ensure accurate Corporation Tax filing for your company.Corporation Tax Returns : Maintain compliant annual accounts for your limited company.Limited Company Accounts : Gain valuable insights for better business management.Business Services : File accurate personal self-assessment tax returns with confidence.Self-Assessment - Efficient
: Gain financial clarity with accurate bookkeeping.Bookkeeping & VAT - Reliable
: Manage payroll and Companies House duties smoothly.Payroll & CoSec : Get dedicated support tailored for your new Chester startup.Startup Business Services
Speak to Your Local Chester Accountants
Have questions about your business finances or tax obligations in Chester? Let Phillips & Co provide the clarity and expert guidance you need. We offer tailored accounting solutions and proactive support designed to help local businesses thrive.
Fill out the form below, and our friendly Chester team will be in touch shortly to discuss how we can help simplify your finances and achieve your goals.
Are complex accounting tasks draining your time and energy? Contact our experienced accountants in Chester. They will handle your finances, maximizing profits and minimizing tax burdens. Focus on growing your Chester business with confidence.
Chester Accountants: Tax Tips & Business Insights
Stay informed with practical tax advice and business insights from the accountants Chester businesses and individuals rely on. We share timely updates on HMRC regulations, effective tax-saving strategies, and local trends relevant to the Chester area.
What You’ll Find on Our Blog:
- HMRC Updates Explained: Understand the latest compliance changes simply.
- Actionable Tax-Saving Tips: Proactive strategies to optimise your finances.
- Chester Business & Market News: Insights relevant to the local economy.
Read the latest articles from our Chester accounting experts.

Accountants Chester: Tax Tip No. 174
National Insurance Changes 2025/26
25 March 2025
For businesses in Chester, the upcoming 2025/26 tax year (starting April 6th) brings significant changes to National Insurance Contributions (NICs).
To navigate these changes, which will directly impact payroll, having expert advice from accountants Chester is essential.
What Chester Employers Need to Know:
Key NIC Changes and Accountants Chester’s Role
- Increased Employer NIC Rate:
- The rate of employer NICs will rise to 15%. This means higher employment costs for Chester businesses. Accountants Chester can help you understand and plan for this.
- Reduced Threshold:
- The threshold for paying NICs drops to £5,000, affecting more of your payroll. Local accountants Chester can provide strategic solutions.
- Enhanced Employment Allowance:
- The Employment Allowance increases to £10,500, potentially offsetting costs. Accountants Chester can ensure you maximize this benefit.

Accountants Chester: Tax Tip No. 173
Self -Assessment Deadline Approaches
21 March 2025
The clock is ticking! With the new tax year looming on April 6th, it’s crucial for businesses and individuals in Chester to ensure they’ve claimed every eligible expense for the 2024/25 tax year. Don’t miss out on potential savings! Our team of experienced accountants Chester are here to guide you through this critical period.
Key Tax Deductions for Chester Businesses: Rely on Accountants Chester
Many businesses and individuals, sometimes searching for “self assessment Chester help,” overlook key deductions. From home office expenses to business travel, our accountants Chester can provide expert guidance. Common overlooked areas include:
- Home office expenses: Claim a portion of your utility bills and internet costs.
- Business travel: Claim mileage and travel expenses for business-related journeys.
- Professional subscriptions and training: Claim investments in your professional development.
- Equipment and software: Claim tools and software essential for your business.
Strategic tax planning from the accountants Chester businesses trust is essential for maximizing your claims and minimizing your tax. Contact our accountants Chester team today for specialized advice.

Accountants Chester: Tax Tip No. 172
Trading/Property Allowances
12 March 2025
With the 2024/25 tax year now coming to an end, individuals and businesses in Chester are presented with notable opportunities for tax relief, specifically the Trading Allowance and Property Allowance. These allowances, both set at £1,000 annually, enable qualifying individuals to earn income from trading activities or property rentals without incurring tax liabilities on that amount.
Accountants Chester Explain the Trading Allowance for Entrepreneurs and Freelancers
This relief is particularly advantageous for:
- Sole traders in Chester operating on a small scale.
- Freelancers supplementing their primary income.
- Individuals with occasional self-employed earnings.
By eliminating the need to register as self-employed with HMRC or complete complex tax forms, the Trading Allowance significantly simplifies tax compliance for those with minimal trading income.
Accountants Chester Discuss the Property Allowance for Landlords…
For more information, see Trading and Property Allowances by Accountants Chester | Phillips & Co | Accountancy & Tax.
Your Chester Accounting Questions Answered
Choosing the right accountants in Chester is crucial for your business’s success. We understand you likely have questions when selecting accountants Chester businesses can rely on. To help, here are answers to common queries we hear from our local clients, designed to help you make an informed decision.
How much should I be paying for an accountant?
Accountants Chester Explain Accountancy Fees:
Costs for experienced accountants Chester can vary based on factors like experience, firm size, services offered, and the complexity of your financial needs. Here's a general breakdown to consider:
- Hourly Rates: Anticipate fees between £150-£300 per hour when seeking qualified accountants Chester.
- Project-Based Fees: For specific projects like tax preparation or annual accounts, accountants Chester often offer fixed rates. Expect to see prices ranging from £500 - £5000 depending on the complexity.
Ready to find the right Accountants Chester?
Phillips & Co offers tailored accountancy and tax solutions for Chester businesses and individuals. Contact Accountants Chester for a transparent quote to fit your specific needs.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
Why are accountants so expensive?
Accountants Chester Explain Accountancy Fees:
Choosing the right accountants Chester is important, but fees are a valid concern. Here's why costs might vary, and how to get the best value:
- Your Financial Situation: More complex finances take more time for accountants Chester, influencing fees.
- Expertise & Location: Experienced accountants Chester, like Phillips & Co, may charge more due to specialised knowledge and higher overheads.
- Service Scope: Expect higher fees if you need additional services beyond basic tax filing from Accountants Chester (e.g., payroll, complex advising).
Worried about Costs? Accountants Chester Explain What To Do:
- Seek Transparency: Accountants Chester should provide clear quotes. Ask for a breakdown of services included.
- Compare Options: Explore quotes from accountants Chester to find the best fit for your budget and needs.
- Discuss Savings: Accountants Chester might suggest ways to streamline your financials, saving you time and money.
Accountants Chester maximise deductions, and offer expert advice, providing long-term value.
Phillips & Co Are Your Trusted Accountants Chester
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
What do accountants do?
Need accountants Chester? Phillips & Co has you covered!
We understand the crucial role accountants Chester play in helping businesses and individuals thrive financially. Here's how accountants Chester lcan help:
- Financial Reporting: Get clear, accurate financial statements prepared by skilled accountants Chester, providing a snapshot of your financial health.
- Taxation: Let our accountants Chester navigate complex UK tax laws for you. We'll handle tax calculations, filings, and offer strategic advice to minimize your tax burden.
- Business Advice: Partner with experienced accountants Chester for valuable insights into costs, profitability, and overall financial strategy.
Where can you find top-notch accountants Chester?
- Public Practice: Firms like Phillips & Co offer diverse accounting services to a wide range of clients.
- Industry & Commerce: Many accountants Chester work directly within businesses, handling their internal finances.
- Government and Public Sector: Accountants Chester ensure responsible tax collection and public spending.
Choose Phillips & Co, your trusted accountants Chester, for expert accounting & tax solutions.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
How do I find an accountant in my area?
Finding the Right Accountants Chester for Your Financial Success
Choosing the right accountants Chester is crucial for managing your personal or business finances effectively. Here's how to find the perfect fit in the UK:
1. Define Your Needs: What Help Do You Need from Accountants Chester?
- Self-assessment tax returns
- Business tax advice & planning
- Payroll management & compliance
- Financial forecasting & budgeting
- Specialist areas (property investment, capital gains tax, etc.)
2. Qualifications: Seek Expertise with Accredited Accountants Chester
- Prioritize Chartered Certified Accountants (ACCA) or similarly qualified accountants Chester – these certifications guarantee high professional standards.
3. Local or Online? Choose the Format that Suits You
- Accountants Chester offer convenient in-person meetings and potential local knowledge.
- Online accountants often provide cost-effective and flexible services.
4. Recommendations & Reviews: Tap Into the Power of Referrals
- Ask friends, family, and colleagues for their trusted accountants Chester recommendations.
- Read online reviews to gauge an accountant's reputation in Chester.
5. Schedule Consultations: Ensure a Good Match
- Meet with potential accountants Chester to discuss your needs, fees, working style, and their experience with clients like you.
Additional Factors to Consider:
- Communication: Choose accountants Chester who communicate clearly and proactively.
- Fees: Understand fee structures and billing upfront.
- Technology: Find accountants Chester who use modern software and secure communication tools.
Maximize Your Search:
- Use directories or search online for "Accountants Chester" to find professionals near you.
Consider Phillips & Co: Your Trusted Accountants Chester
If you're looking for experienced Accountants Chester, contact Phillips & Co for top-notch accounting and tax services.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
Will an accountant save me money?
Can Accountants Chester really save you money? Absolutely! Here's how:
- Penalty Prevention: Accountants Chester are experts in tax law, ensuring your returns are accurate and on time, saving you from costly penalties.
- Tax Efficiency Expertise: Accountants Chester maximize your deductions and credits, directly reducing your tax bill.
- Time is Money: Outsourcing bookkeeping and accounting to accountants Chester frees your time to focus on running your business, ultimately saving money through efficiency.
- Strategic Business Advice: Accountants Chester offer insights on financial planning, investments, and risk management, leading to smarter decisions that save money in the long run.
Want to learn more? See 'Will an accountant save me money?' and contact Phillips & Co, your trusted Accountants Chester.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
Should I hire an accountant?
Considering Accountants Chester? Factors to Weigh
Whether you should hire accountants Chester depends on your business's unique needs. Small businesses with straightforward finances might manage their own accounting, while growing or complex businesses often benefit greatly from professional accountants Chester.
Why Hire Accountants Chester?
- Expertise Simplifies Complexity: Accountants Chester navigate the complexities of bookkeeping, tax preparation, strategic financial planning, and business consulting.
- Focus on Your Business: Outsourcing accounting tasks to accountants in Chester allows you to focus on running your business, maximizing growth potential.
- Local Support: Accountants Chester offer the advantage of understanding the specific market and regulations of the Chester area.
Need more information? Check out "Should I Hire an Accountant?"
Let Phillips & Co, your trusted Accountants Chester, optimize your financial health.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
How do I find an accountant for a small business UK?
Finding the Right Accountants Chester: A Key to Your Small Business Success
Choosing the right Accountants Chester is crucial for your business's financial stability and long-term growth. Here's your guide:
1. Define Your Needs:
- Core Accounting: Do you need bookkeeping, tax returns, payroll services by experienced accountants Chester?
- Strategic Support: Looking for accountants Chester who offer advice on growth and financial planning?
- Industry Expertise: Would your business benefit from accountants Chester specializing in your niche?
- Budget: Know what you can realistically spend on professional accounting services.
2. Where to Find Accountants Chester:
- Trusted Referrals: Get recommendations from fellow business owners, your bank, or solicitor.
- Online Resources: Search on Google, Yell, Trustpilot, and other directories for "accountants Chester".
- Specialized Firms: Consider practices like Phillips & Co, focusing on small business accounting needs in Chester.
3. Evaluate Your Options:
- Qualifications: Always prioritize Chartered Certified Accountants (ACCA or FCCA) – a hallmark of expertise.
- Experience: Choose accountants Chester with a track record in your business size and sector.
- Communication: Do you feel comfortable and confident communicating with them?
- Fees: Request upfront, transparent quotes (hourly, fixed, or packaged).
- Technology: Modern accountants Chester often use cloud-based software for streamline collaboration.
4. Meet With Potential Accountants Chester:
- Free Consultations: This is your chance to assess their fit for your business.
- Questions: Ask about their services, experience, fees, and overall approach.
Key Considerations:
- Local Advantage: Decide if having accountants Chester in proximity is important.
- Relationship Matters: Choose accountants Chester you trust and feel a positive rapport with.
Remember, investing in qualified accountants Chester pays off. They'll save you time, money, and navigate the complexities of business finance, supporting your growth!
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
How do i find a good tax advisor UK?
Finding a qualified and reputable tax advisor is essential, especially in Chester. Accountants Chester can save you money, streamline your tax processes, and offer peace of mind when navigating complex regulations. Here's how to find the best accountants Chester has to offer:
- Accountants Chester Determine Your Needs:
- Simple Returns: If your tax situation is straightforward, online services might suffice.
- Complex Situations: For businesses, multiple income sources, or unusual tax circumstances, a professional like those at Accountants Chester is crucial.
- Seek Recommendations for Accountants Chester:
- Ask Around: Inquire with friends, family, business associates, or your lawyer/solicitor for recommendations specifically for accountants Chester.
- Professional Networks: Tap into industry-related networks in Chester for insights.
- Verify Credentials & Memberships:
- Professional Bodies: Look for accountants Chester who are members of the Association of Chartered Certified Accountants (ACCA) or other recognized organizations.
- Regulation: Confirm HMRC registration for anti-money laundering supervision.
- Research & Compare Accountants Chester:
- Online Reviews: Check reviews on Trustpilot or Google.
- Websites: Evaluate websites for professionalism, services, specialization, and pricing (if available).
- Schedule Consultations with Accountants Chester:
- Meet Multiple Advisors: Compare expertise and personalities.
- Questions to Ask:
- Experience relevant to your needs?
- Fee structures? (fixed, hourly, etc.)
- Communication methods and availability?
- Client references?
Important Considerations
- Specialization: Seek accountants Chester experienced in your specific tax needs (business, personal, property, etc.).
- Accessibility & Communication: Find a good fit for your communication style and preferences.
- Avoid Fee-Only Promises: Prioritize ethical compliance over unrealistic refund guarantees.
Red Flags
- No Credentials: Reputable accountants Chester typically belong to professional bodies.
- Unrealistic Promises: Responsible advisors focus on legal solutions, not unrealistic results.
- Pressure Tactics: Take time to consider your choice carefully.
Remember, investing in experienced accountants Chester can lead to significant savings and a more streamlined tax experience!
Let Phillips & Co, your trusted Accountants Chester, take the stress out of your taxes.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
What is the average charge rate for accountants?
Understanding the Cost of Accountants Chester
The cost of hiring accountants Chester will vary based on factors like:
- Experience & Qualifications: Highly experienced and qualified accountants Chester, especially Chartered Certified Accountants, will have higher rates to reflect their expertise.
- Services Needed: Expect to pay more for complex services like tax planning compared to basic bookkeeping tasks.
- Firm Size: Larger Chester accountancy firms may charge more due to higher operating costs.
How Accountants Chester Charge:
- Hourly Rates: Typical for accountants Chester, expect a range from £30 - £250+ per hour. Routine tasks fall on the lower end, while specialized advice is priced higher.
- Fixed Fees: Many accountants Chester offer fixed fees for standard services like tax return preparation, providing a predictable cost.
- Retainers: For businesses needing ongoing support, accountants Chester may offer monthly retainers ensuring access to their expertise as needed.
Approximate Price Guide for Accountants Chester:
- Basic Self-Assessment Tax Return: £150 - £300+
- Small Business Accounts & Tax: £60 - £250+ per month
Finding the Best Value with Accountants Chester
- Prioritize Transparency: Inquire about fee structures from the start – do they use hourly rates or fixed fees?
- Compare Quotes: Get quotes from several accountants Chester to compare what's offered at different price points.
- Be Specific: Ensure a clear understanding of the work required to avoid surprise fees.
Key Takeaway: Don't choose accountants Chester solely on price. Seek qualified professionals who understand your business and offer the services you truly need.
Need experienced Accountants Chester? Contact Phillips & Co for tailored accountancy & tax solutions.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
What is the average cost of an accountant in the UK?
Understanding Accountant Fees: What Impacts the Cost of Accountants Chester
There's no one-size-fits-all answer when it comes to the cost of accountants Chester. Fees depend on several factors, including:
- Type of Services: Basic bookkeeping or tax returns will naturally cost less than complex financial advice or tax investigations tailored to your business.
- Experience and Qualifications: Highly experienced and qualified accountants Chester, such as Chartered Certified Accountants, may command higher fees reflecting their expertise.
- Business Size and Complexity: Larger, more complex businesses typically require more accounting support, impacting costs.
- Location: Accountants Chester, like those based in other major cities, might charge slightly more than those in smaller towns.
General Fee Guide for Accountants Chester
- Hourly Rates: Expect a range from £25-£150+ per hour, depending on the task's complexity.
- Fixed Fees: Common for specific services like annual tax returns or company accounts. Prices vary based on your business needs.
- Monthly Retainers: Many businesses in Chester prefer this model for consistent accounting support and predictable budgeting. Packages can range from £60-£450+ per month, potentially more for larger businesses.
Accountants Chester Decipher the Important Considerations:
- Get Multiple Quotes: Always get quotations from several accountants Chester to compare expertise, services, and pricing.
- Value over Price: Don't choose solely based on cost. Consider qualifications, experience, industry knowledge, and how well the accountant understands your business.
- Potential Savings: Skilled accountant Chester can potentially save your business much more than their own fees.
For expert accounting tailored to your Chester business, contact Accountants Chester today!
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
How much does the accountant cost?
Need Accountants Chester? Cost Factors to Consider
The cost of hiring accountants Chester depends on these key factors:
- Your Needs: Simple tax returns for individuals tend to be cheaper than complex returns for businesses with multiple income sources.
- Experience & Location: Expect varying rates among accountants Chester based on their experience and the city's cost of living.
- Type of Service: Accountants Chester offer a variety of services. One-off tax returns usually cost less than ongoing business accounting packages.
- Fee Structure: Accountants Chester may charge hourly rates, fixed fees, or have monthly retainer packages. Get clear quotes upfront.
Accountants Chester Cost Guide
- Self-Assessment Tax Returns:
- Simple returns: £150 - £300 (approximately)
- Complex returns: May exceed £300
- Hourly Rates:
- Average: £25 - £50 per hour
- Specialist Tax Advice: £125 - £150+ per hour
- Accountants Chester Packages (for businesses):
- Small businesses: £60 - £250+ per month
- Larger businesses: May exceed £450 per month
Important Notes:
- Get Multiple Quotes: Always request quotes from several Accountants Chester to compare costs and service offerings.
- Value over Price: A skilled accountant in Chester can save you significantly in taxes, making their expertise a worthwhile investment.
Looking for experienced Accountants Chester? Contact Phillips & Co for your accountancy and tax needs!
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
How much do accountants charge per hour UK?
Understanding the Cost of Accountants Chester
The cost of hiring accountants Chester depends on various factors:
- Experience: Highly experienced accountants Chester, particularly those with specialized qualifications, tend to have higher fees.
- Location: As with most services, accountants Chester located in bustling cities like London generally charge more than those based in smaller towns or less central areas.
- Service Type: Straightforward bookkeeping services often cost less than intricate tax planning or strategic business advice from accountants Chester.
Typical Hourly Rates for Accountants Chester:
- Bookkeepers: £20-£35 per hour
- General Accountants: £30-£50 per hour
- Tax Specialists/Advisors: £45-£70+ per hour
Important Considerations:
- Fixed-Fee Packages: Many accountants Chester offer fixed-price packages for routine services like tax returns or ongoing bookkeeping. These can provide cost predictability compared to hourly billing.
Tips for Finding the Ideal Accountants Chester:
- Seek Referrals: Tap into your network for recommendations on reputable accountants Chester.
- Verify Qualifications: Ensure potential accountants Chester hold relevant accreditations (like ACCA) for expertise.
- Compare Quotes: Get estimates from multiple Accountants Chester to make informed comparisons.
Phillips & Co: Your Trusted Accountants Chester.
A Chester tax FAQ by Accountants Chester | Phillips & Co | Accountancy & Tax.
Legal Disclaimer
Need Accountants Chester? Contact Phillips & Co. for personalised accounting advice. While our website offers helpful information, always consult a professional for decisions impacting your finances. Laws and regulations change, and we cannot be liable for outdated information. External links are for reference but may not be secure. Accountants Chester | Phillips & Co | Accountancy & Tax