Partnership Packages
Clear Accounting Solutions for Chester Partnerships
Managing a business partnership in Chester involves specific accounting duties, including the Partnership Tax Return (SA800) and individual Self Assessment returns for each partner (SA100). Phillips & Co Accountants offers transparent, affordable monthly packages designed to handle these requirements efficiently, ensuring your partnership stays compliant and your financial administration is simplified. Let us manage the complexities so you and your partners can focus on driving your business forward.
Important Note: Phillips & Co Accountants is currently not registered for VAT. Therefore, no VAT is added to our fees – the price listed is the price you pay.
Our Partnership Monthly Packages
Choose the package that best fits your partnership’s needs. Both packages include setup assistance and ongoing support relating to compatible cloud accounting software (like Xero, QuickBooks, FreeAgent – software subscription fees are separate), proactive deadline reminders, and friendly email & phone support for your accounting queries.
Package 1: Partnership Essential
£35 per month (No VAT charged)
Ideal for partnerships needing core compliance services covered efficiently.
- Annual Partnership Tax Return (SA800): Preparation and filing.
- Partner Self Assessment Tax Returns (SA100): Preparation and filing included for two partners.
- Cloud Accounting Software Support: Guidance and setup assistance for compatible software.
- Ongoing Email & Phone Support: For your partnership’s accounting questions.
- HMRC Agent Authorisation: We act as your agent for the partnership and partners.
- Deadline Reminders: Proactive reminders for all relevant tax deadlines.
Package 2: Partnership Growth
£85 per month (No VAT charged)
Great for growing partnerships, especially those registered for VAT.
- Includes ALL ‘Partnership Essential’ services, PLUS:
- Quarterly VAT Return Support: Preparation of figures and guidance for your VAT return submissions (Making Tax Digital compliant).
- Basic Performance Overview: A summary report (quarterly) to help you understand your partnership’s performance.
- Handles Additional Partners: This package price includes up to two partners. Additional partners can be added for £15 per month per partner.
Covering Your Annual Needs
Our monthly packages are designed to spread the cost and ensure all your annual partnership and partner tax requirements are handled smoothly year-round.
Cloud Software
Our packages integrate seamlessly with leading cloud accounting software like Xero, QuickBooks, and FreeAgent. We provide support and guidance, but please note that the monthly subscription fees for the software itself are separate and typically paid directly to the software provider.
Streamline Your Partnership Accounting Today
Ensure your partnership’s finances are managed correctly and efficiently. Choose the package that suits you or get in touch for tailored advice.
Partnership FAQ’S
Simplifying tax and accounting for Chester partnership businesses – check out our FAQs for quick answers.
What core compliance services are included in the Limited Company accounting fees shown?
Our standard limited company accounting packages for businesses in Chester are built to handle your essential annual compliance. This typically includes the preparation of statutory Annual Accounts for filing with Companies House and the preparation and online filing of your company's Corporation Tax Return (CT600) with HMRC. Year-round access to our Chester accountants for general support is also included.
Does the fee cover filing both the Annual Accounts and the Corporation Tax Return (CT600)?
Yes, absolutely. Preparing and filing both your company's statutory Annual Accounts (to Companies House) and its Corporation Tax Return CT600 (to HMRC) are fundamental components covered within our limited company accounting service fee for Chester clients.
Are the Directors' personal Self-Assessment tax returns included in the limited company fee?
Our limited company package fees focus specifically on the company's compliance requirements. Directors' personal Self-Assessment tax returns are usually treated as a separate service, allowing flexibility as individual needs vary. We often offer this service at a preferential rate for directors of client companies. Please ask our Chester accountants for a combined quote.
Are ongoing services like bookkeeping, VAT returns, or payroll included in this package?
The limited company fees shown generally cover the core year-end compliance (Annual Accounts & CT600). Services such as regular bookkeeping, quarterly VAT return preparation and submission, and managing your company's Payroll/PAYE scheme are typically offered as separate, tailored services based on your limited company's transaction volume and employee numbers in Chester. We provide clear quotes for these additional services.
Does the fee include Company Secretarial duties like filing the Confirmation Statement?
Basic Company Secretarial tasks, such as preparing and filing the annual Confirmation Statement with Companies House, may be included in some of our limited company packages in Chester or offered as a cost-effective add-on. Please refer to the specific package details or contact our Chester accountants to confirm, as more complex secretarial work would be quoted separately.
My limited company is based in Chester – why do I need an accountant beyond just using software?
Accounting software is a valuable tool, but for a limited company in Chester, professional accountants like Phillips & Co provide crucial expertise software cannot. We ensure full compliance with Companies House and HMRC regulations (avoiding penalties), offer strategic tax planning advice to improve efficiency, interpret your financial data, and provide the assurance of qualified oversight – vital for directors' responsibilities.
How does Making Tax Digital (MTD) affect my limited company and your service?
MTD for VAT is mandatory for VAT-registered limited companies, requiring digital record-keeping and submission via compatible software. MTD for Corporation Tax is also planned by HMRC for the future. Our Chester accountants ensure your company is compliant with current MTD for VAT rules and are fully prepared to guide your limited company through future MTD requirements as part of our accounting services.
We're a limited company in Chester. How do we get started with Phillips & Co?
Engaging our accountants in Chester is straightforward. Contact our Chester office via phone, email, or our website form. We'll schedule a free, no-obligation consultation to understand your limited company's needs, recommend the appropriate service package, provide a transparent fixed-fee quote, and explain our simple onboarding process. Contact Us.
Ready to Simplify Your Partnership Accounting?
Take the stress out of managing your finances. Let Phillips & Co provide the expert support you need with clear, affordable pricing.
Got Questions? Call/WhatsApp: +44(1244) 220-062