The Accountants Chester Businesses Trust
Phillips & Co
Established 2012 • Chartered Certified • Fixed Fee Packages
Navigating Making Tax Digital? We have you covered.
Self-Employed or Landlord Earning £50k? Making Tax Digital is Here.
Since April 2026, the way you report your earnings to HMRC has officially changed. If you are a self-employed business owner or property investor, here is exactly how the Making Tax Digital (MTD) rules impact you:
Active Mandate: Sole traders and landlords with a combined gross income over £50k must now submit strict quarterly digital tax updates directly to HMRC.
The Compliance Risk: Navigating new software and four strict annual deadlines alone increases your risk of filing errors and unnecessary HMRC penalty points.
The Complete Solution: We handle your quarterly HMRC submissions and transition your financial data to a secure cloud platform, all under one transparent, fixed-fee package.
Don’t risk HMRC non-compliance penalties. Read our Ultimate Guide to MTD for Income Tax or explore our fixed-fee Sole Trader Packages and Landlord Packages. Let our expert accountants, Chester-based and ACCA-regulated, handle the entire digital transition for you today.
Trusted Accountants. Chester Limited Companies, Sole Traders & Landlords Choose Phillips & Co.
Conveniently based on Chester Business Park, Phillips & Co delivers expert tax, bookkeeping, and accountancy services across Chester, the Wirral, Liverpool and North Wales. We specialise in transitioning local businesses and property investors onto seamless, fixed-fee cloud accounting platforms.
As an ACCA-regulated practice established for over a decade, we provide clear, jargon-free advice designed to legally minimise your tax liability and keep you strictly compliant. From proactive tax planning to navigating complex Making Tax Digital (MTD) mandates, we are more than just a service provider—we are your long-term financial partner.
★★★★★
I feel that it is important to express my whole hearted appreciation of Phillips & Co for their work… Having been in business for 40 odd years with numerous accountants, I have never had such a brilliant and professional service.
Neil Ferguson,
Wirral
Accountancy & Tax Services for Chester Businesses & Landlords
Operating from Chester Business Park, our expert teams delivers targetted accounting and tax services designed to keep you compliant and financially confident. Whether you are a local property investor, an ambitious startup, or an established limited company, discover exactly how we can support your long-term growth.
Sole Trader Accounting
Proactive tax planning and strict HMRC compliance, delivered in plain English to save you time and protect your profits.
- Making Tax Digital compliance.
- Transparent fixed-fee pricing plans.
- Seamless cloud software setup.
Limited Company Accounting
Strategic corporate tax planning and trusted Companies House compliance to scale your business with complete confidence.
- Smart salary & dividend planning.
- Corporation tax return preparation & filing.
- Year-end statutory accounting.
Landlord & Property Tax
Expert property tax advice to maximise your rental yields while ensuring strict HMRC digital compliance for your portfolio.
- Section 24 strategies to maximise your profits.
- Quarterly HMRC Digital filings for MTD.
- Proactive tax planning to protect rental yields.
Business Partnership Tax
Complete financial mediation and accurate tax reporting to guarantee strict HMRC compliance and fair profit sharing for partners.
- Preparation and filing of partnership tax return.
- Individual Self-Assessment filings.
- Strategic profit allocation to minimise partner tax.
Personal Tax & Self-Assessment
Stress-free filing of Self-Assessment tax returns for limited company directors and high earners, claiming all eligible reliefs.
- Accurate and timely personal tax reporting.
- Capital Gains advise to protect your wealth.
- Bespoke tax planning for company directors.
Startup Business Services
Complete UK limited company formation and proactive tax structuring to launch your venture flawlessly and legally compliant
- UK company formations and legal structuring.
- HMRC and Companies House registrations.
- Financial guidance to launch with confidence.
Ready to keep more of your profit and stress less?
Why Choose Phillips & Co? Chester’s Top-Rated Accountancy Practice
Our firm is built on trust, transparency, and outstanding results. We help local business owners and property investors reduce their tax liabilities, save time, and scale with absolute confidence.
Proactive Tax Planning
We go beyond basic compliance. We review your business structure and expenses to ensure peak tax efficiency and strict 2026 Making Tax Digital compliance.
Dedicated Local Support
You will never deal with a call centre. Instead you partner directly with a qualified, Chester based accountant who takes the time to truly understand your business.
Transparent Fixed-Fees
Say goodbye to ticking clocks and unexpected invoices. Our transparent, fixed-fee, monthly accounting and tax packages, guarantee total financial peace of mind.
Rated 5-Stars by Chester Businesses & Landlords
★★★★★
Caught between a rock and a hard place with my timeline to get my self-assessment over the line, they managed it before the deadline while saving me money. Prompt and accurate, they deliver an impeccable service, which I highly recommend.
Damien Mason,
Liverpool
★★★★★
I was reluctant to switch from my bookkeeper but needed an accountant for my limited company accounts. Making the leap to Phillips & Co was the right decision. Their team made the entire process painless, professional and clear.
Christina Saunders,
Chester
★★★★★
I am absolutely made up with the service and attention to detail by Mark and Terry. They pay meticulous attention to every tiny query I have and are very good with evaluation and solutions at every step, delivering noticeable savings and greater efficiency.
Stephanie Lobo,
Chester
Fixed-Fee Accountants, Chester — Transparent Pricing
Whether you are a sole trader, run an established limited company, operate a business partnership, or a property landlord, we offer clear, fixed-fee pricing tailored to your exact needs. No hidden costs or surprise bills – just proactive tax planning and flawless HMRC compliance. View our fee packages below.
Sole Trader Packages
FromAccurate year-end tax accounting.
Timely Self-Assessment filing.
Quarterly MTD digital reporting.
Ltd Company Packages
FromStatutory accounts & Corporation tax.
Director Self-Assessment filings.
Complete VAT & payroll support.
Partnership Packages
FromAnnual partnership tax accounting.
Individual co-partner tax returns.
Strategic profit share structuring.
Landlord Packages
FromExpert property tax planning.
Timely personal tax return filing.
Making Tax Digital compliance
Latest Tax Insights from our Chester Experts
Stay ahead of complex HMRC rule changes. We provide clear, jargon-free updates on Making Tax Digital, allowable business expenses, and tax planning strategies. Explore our latest guides below to ensure you remain strictly compliant, avoid penalty points, and keep more of your hard-earned money.
The April 2026 MTD Mandate is Now Live: What Sole Traders & Landlords Must Do Next
Author: Phillips & Co Accountants, Chester Date: 28 April, 2026 The dust has settled on the start of the new tax year, but for high-earning sole traders and property investors, the landscape has fundamentally shifted. As of April 6th, 2026, the long-anticipated...
Making Tax Digital (MTD) Starts April 2026: The Ultimate Guide for Chester Sole Traders & Landlords
Author: Phillips & Co Accountants, Chester Date: 04 March, 2026 If you are a sole trader or a landlord, the way you report your income to HMRC is undergoing the biggest change in a generation. Making Tax Digital for Income Tax Self Assessment (MTD for ITSA)...
Missed the January 31st Tax Deadline? Here’s How to Stop the Fines Snowballing
Author: Phillips & Co Accountants, Chester Date: 26 February, 2026 January 31st has come and gone, and if you didn’t quite manage to submit your Self Assessment tax return on time, take a deep breath—you are far from alone. According to recent data, while over 11...
★★★★★
From choosing my accounting software to filing my first year of accounts, the advice I have received from Phillips & Co Accountants has been second to none. I have been pleasantly surprised by how much support they have offered through the year, and I have very quickly realized how important a good accountant is to the success of your business. They are a pleasure to work with and I can’t recommend highly enough.
Nigel Neath,
North Wales
Speak With Our Team. Premium Accountancy & Tax Support.
To help us understand exactly how we can support your business, please provide a few details below. We will review your specific requirements and follow up with a clear, fixed-fee quote and tailored next steps within 24 hours.
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Proudly rated 5.0 based on 100+ verified Google reviews.
Frequently Asked Questions
Whether you are looking to switch accountants or need immediate help navigating the new MTD mandates, we are here to help. Below, we have answered the most common questions we receive from local business owners and landlords. From our transparent, fixed-fee packages to strict HMRC deadlines, get the exact financial clarity you need before taking the next step.
What is Making Tax Digital (MTD) and does it affect me?
As of this month (April 2026), the HMRC Making Tax Digital (MTD) mandate is officially law. If you are a sole trader or a property landlord with a gross income over £50,000, you can no longer file a traditional annual Self-Assessment. You must use compatible digital software to submit quarterly tax updates to HMRC. Limited companies are currently exempt from this rule. At Phillips & Co, our MTD-ready packages handle this entire digital transition for you seamlessly.
How much do your accountancy packages cost?
We believe in complete transparency, which means zero surprise bills. Our fixed-fee monthly packages start from just £35/month for Sole Traders and Landlords, and £75/month for Limited Companies. This covers all your essential filing, proactive tax advice, and full MTD compliance in one predictable monthly payment.
Should I operate as a Sole Trader or a Limited Company?
This depends on your profit levels and long-term goals. However, with the strict new MTD rules now in effect for sole traders earning over £50,000, many high-earning individuals are finding that incorporating into a Limited Company offers far greater tax efficiency and legally bypasses the new quarterly HMRC reporting requirements. We can run the exact numbers for you during a free consultation.
Is Xero cloud accounting software included in your fees?
To ensure our monthly accountancy packages remain truly fixed-fee, your Xero subscription is maintained separately. Because software pricing can frequently fluctuate, keeping this separate protects you from unexpected price hikes in our accountancy fees. However, as a 100% Xero-integrated practice, our team handles your complete system setup, links your bank feeds, and ensures your data is perfectly structured to keep you strictly compliant.
Is it difficult to switch to Phillips & Co from another accountant?
Not at all. We make switching entirely frictionless. Once you give us the green light, we contact your previous accountant directly, obtain professional clearance, and securely transfer all your historical financial records. You do not have to lift a finger or have any awkward conversations.
Do you only work with businesses based in Chester?
While we are proud to be a trusted local firm based on Chester Business Park, our 100% digital, Xero-based infrastructure means we seamlessly support Limited Companies, sole traders, and landlords across Cheshire, North Wales, the Wirral, and the wider UK.