Accountants FAQs | Phillips & Co Accountants Chester

While not always legally required, using professional accountants like Phillips & Co in Chester offers significant benefits, especially for limited companies, growing businesses, or those with complex tax affairs. We save you valuable time, ensure you comply fully with HMRC regulations (avoiding penalties), handle complex calculations, and identify potential tax savings. Engaging experienced accountants in Chester often pays for itself.

Working with a local Chester accountant like Phillips & Co means you get personalised service from professionals who understand the Chester business landscape. We offer the convenience of face-to-face meetings right here in Chester (if preferred), easy accessibility, and the benefit of partnering with a knowledgeable local accountancy firm.

Yes, absolutely. As professional accountants based in Chester, our team consists of experienced professionals. We are members of the ACCA. We adhere to strict professional standards expected of leading Chester accountants.

We primarily work with small to medium-sized businesses, sole traders, freelancers, contractors, and landlords requiring expert accounting services in Chester and the surrounding areas. As versatile Chester accountants, we tailor our services across various sectors.

As leading accountants in Chester, we offer a comprehensive range of accounting and tax services in Chester, including:

• Self Assessment Tax Returns
• Year-End Accounts & Corporation Tax
• VAT Returns & Advice
• Bookkeeping Services
• Startup Business Services
• Company Formation
• Tax Planning & Advice
• Business Advisory Services

Click the links for more details on the specific accounting services provided by our Chester team.

Yes, our Chester accountants handle the entire Self Assessment process for individuals, sole traders, and directors in Chester. We gather information, calculate your tax, ensure all reliefs are claimed, and file accurately with HMRC, providing peace of mind. Visit our Self Assessment page.

Yes, we provide flexible bookkeeping solutions in Chester to keep your financial records organised. Good bookkeeping is the foundation of sound financial management, and our Chester bookkeeping service is tailored to your needs. Find out more on our Bookkeeping Services page.

Yes, our Chester accountants are proficient with modern digital accounting tools favoured by Chester businesses. We work with various leading cloud accounting platforms, including Xero, QuickBooks Online, Sage Business Cloud etc. We help Chester businesses set up, migrate, or make the most of their software.

Absolutely. Our accountants in Chester can guide you through setting up your new Chester business, whether as a sole trader or limited company. We provide practical advice tailored to starting a business in Chester. See our Business Start-Up or contact our Chester accountants.

We believe in transparent and upfront pricing. We offer clear fixed-fee packages tailored for different types of clients, including Sole Traders, Partnerships, and Limited Companies, as well as individual services. You can explore the specific packages relevant to your structure and needs on our main Our Fees page, which provides detailed breakdowns for each client type. For any bespoke requirements outside these packages, we provide tailored quotes agreed upon in advance. Please contact us to discuss your specific needs as a Chester business or individual.

We primarily offer fixed-fee packages for most of our services to provide cost certainty for our Chester clients. We find this is the preferred approach for most individuals and small businesses. Details of these popular packages are available on our Our Fees page. While fixed fees are our standard practice, an hourly rate might apply for specific ad-hoc advisory or project work outside these packages, but this would always be discussed and agreed with you beforehand.

No. We are committed to transparency. All our fees, whether via our standard packages detailed on the Our Fees page or a bespoke quote, are clearly outlined and agreed upon in our engagement letter before we start work. Any potential additional costs (such as Companies House filing fees or for work outside the agreed scope) would be communicated upfront.

Payment terms vary depending on the service or package chosen. For ongoing services included in our monthly packages, we often arrange convenient payments via Direct Debit. For one-off services or annual accounts/tax returns, payment is typically due upon completion or in agreed stages. We will confirm payment options when you engage Phillips & Co Accountants Chester.