Who We Help?

Start Ups

We love helping new start-up businesses succeed. We provide comprehensive services from company formation, support with raising finance, opening bank accounts, developing business plans to monthly management accounts to help make key business decisions and much more.

When setting up a business, one of the most crucial factors to consider is the type of company that you want to form. The taxes you pay and the liability you have totally depend on the type of your business structure. We provide professional advice on whether you should set up a limited company to make sure that you must pay the least possible tax.

Once the structure of your business has been decided, you will need to register for the appropriate services like VAT, Payroll, CIS, and Pensions etc. We will carry out the relevant registrations, support and guide you along the way keeping you updated with progress. We will treat your business like its our own.

Individuals

We understand that choosing an accountant is a big commitment for many individuals and is therefore a decision you want to get right from the start.

Whether you are seeking information on inheritance tax or capital gains; looking to protect your wealth or become more tax efficient; our team of expert accountants are on hand to offer bespoke advice to best suit your situation.

As a small independent business ourselves, we appreciate the need for the personal touch and that is why we go the extra mile to exceed our client’s expectations. We not only offer sound, practical advice but we enjoy spending time getting to know you as it enables us to plan, benefit and improve your personal finances for the future.

There are many circumstances that can affect your personal tax affairs. You could be self-employed, receive an income through property or land, have untaxed income or savings or have received additional revenue from abroad. Whatever your circumstances, HK Accountax can provide you with practical tax advice on how much you need to pay and the most efficient way to arrange your affairs.

Companies

Whilst you are busy running your company, why not let us take the weight off your shoulder and let us manage your financial duties according to the accounting standards and deadlines. With years of experience in the field of accounting HK Accountax have the professional capability to handle your financial matters.

Your company’s annual accounts - called ‘statutory accounts’ - are prepared from the company’s financial records at the end of your company’s financial year. You must always send copies of the statutory accounts to all shareholders, people who can go to the company’s general meetings, Companies House, HM Revenue and Customs (HMRC) as part of your Company Tax Return.

Cloud Accounting

Traditionally, accounting was executed using software hosted locally on a desktop computer’s hard drive. Cloud accounting, on the other hand, is accounting that is executed using software that is hosted remotely on the cloud, in other words on the internet.

Cloud accounting software can revolutionise the efficiency of your bookkeeping, streamline your financial administration and provide a real-time view of your key numbers. But with so many platforms on the market, how do you know which one is right for you? HK Accountax can select the correct accounting software which is best suited towards your business activities and setup. We specialise in majority of the online accounting software’s and for that reason we can confidently carry out the work which is required of us.

Given the sensitivity of the data associated with cloud accounting applications (e.g., banking and financial data), security is a top concern in the cloud accounting space.

When compared to traditional desktop accounting software, which could be compromised if a company computer is stolen, lost, or damaged, cloud accounting software has many security advantages. Each cloud accounting software should have its own security policy outlining how it protects sensitive data. Most software’s use state-of-the-art measures such as multi-factor authentication and encryption, ensuring sensitive data will remain secure.