Brighton

Accountants & Tax Advisers in Brighton

Need a Brighton accountant? Then look no further than our Brighton office.

We are accountants in Brighton located in the heart of the city, in the North Laine area and close to Brighton station. Our client base has grown steadily since the office was established in 2007 and the dynamism of Brighton is reflected in the variety of business sectors we deal with.

We are a small friendly office with a long-established team giving strong continuity of service.

Brighton accountancy services

  • Bookkeeping & Accounting - record all of your financial transactions including bills, invoices and wage payments to your staff so that your accounts are kept fully up to date.
  • Payroll - take care of all payments to staff and work out all deductions so that your people are paid the right amount and on time.
  • Business Planning - advise you on creating a strategic business plan giving you time and space to make the right decisions for your business.
  • Self-Assessment Returns - gather all of the relevant information for your annual return, calculate your tax liability and ensure that everything is submitted on time.
  • Corporate Tax Planning - review your business and work out the best tax structure for you to minimise that tax that you pay and make sure you receive all tax reliefs and everything that is owed to you.
  • Human Resources - manage your human resources effectively including remuneration programmes, employee incentives, performance reviews and keep you on the right side of employment law.
  • Mergers & Acquisitions - identify suitable acquisition targets, develop a negoitaion strategy, perform due diligence, prepare relavant financial information, advise on post-acquisition integration.
  • Tax Compliance - protect your personal and business wealth reducing the amount of tax that you pay and never pay more than you need to.
  • VAT - ensure that you collect the right amount of VAT from all transactions, make payments and file your return on time, as well as planning VAT for the future.
  • Personal Tax Planning - advise you on minimising the tax that you owe, complete your returns on time, advise when you need to make payments and offer advice on estates and trusts.
  • Will Writing - help you to set out how your estate will be distributed when you die, plan to limit the amount of Inheritance Tax you liable for, give you peace of mind that your estate is in order.
  • Trusts & Executorships - advise on the most suitable type of trust, prepare the required documentation and give you advice on selecting suitable trustees.
  • Retirement Planning - ensure that you have a plan in place to provide adequate income when you retire. Advise on savings, investments and property. Prepare an exit strategy if you have a board level roll in a business. Advise on appropriate life assurance cover.
  • Investment & Financial Planning - advise you on all investment and financial matters including pensions, life assurance, savings and investments and medical cover.
  • Estate Planning - reduce the tax liability on your estate, provide succession planning and business exit strategies. Update your Will and act as trustees or executors where appropriate.

In addition to the normal accountancy work that accountants in Brighton will traditionally offer this office specialises in the following areas of work:

We operate a policy of involvement and service integration with our clients and have built long-term relationships on this basis, enabling us to become a part of their decision-making process.

We are proud of our personal and friendly approach to dealing with clients and are always ready to “go the extra mile” to ensure the right result.

Our services are tailored to the requirements of the client and not a standard “one size fits all” package.

Business and accountancy news from Brighton

About Brighton

The city of Brighton & Hove is a fabulous seaside resort to do business in. With its excellent road and rail links to London, it's a fast-growing and popular tourist destination.

Famed for it's Royal Pavillion, Clock Tower and Palace Pier, Brighton is also known, unofficially, as the "gay capital" of the UK. The many clubs and bars providing a big draw and boost to the local economy.

The city's football team does slightly better than some of its local cousins, Brighton & Hove Albion Football Club play in the Championship division, only recently narrowly missing out on promotion to the Premer League.

Plummer Parsons Guides To Brighton

Accountant FAQs

What kind of accounting do you do?

Plummer Parsons can address all of your accounting needs. We can take care of your personal finances or help you manage business transactions. If you run a not-for-profit organisation, you can also count on us for quality accounting services, including:

  • Personal Accounting, including estate planning, investment and financial advice, tax planning and compliance, residency and domicile issues, retirement strategies and pensions, trusts and executorships, will writing and self-assessment.
  • Business Accounting, including audits, bookkeeping and accounting, business planning and formation, company secretarial, human resources, corporate recovery, HMRC enquiries, business management advice, insolvency, payroll, VAT, mergers and acquisitions
  • Not-for-profit Accounting, including charities, Community Interest Companies (CICs) and Industrial and Provident Societies (IPS)
  • Our firm specialisms include, construction, contractors, forensic accounting, hospitality and leisure, manufacturing, medical, retail and Community Amateur Sports Clubs

What are your accounting qualifications?

Plummer Parsons is made up of chartered accountants and auditors. Our areas of expertise are varied, ranging from corporation tax to cloud-based accounting software to limited company audits. 

The quality of our services have been honed through years of experience from working with both startups and established limited companies. We pride ourselves as being Brighton’s preferred accounting firm. 

Why should I outsource my accounting to you?

It can be a challenge, but it’s certainly possible to take on your own business’ accounting. It’s a risk to do so, however, as there are details that you are likely to overlook if you don’t have accounting experience.

Put aside all those worries when you outsource your accounting to Plummer Parsons. You can rely on our services to keep your business’ finances in order. With the time that you save, you can then focus on running and growing your business successfully. 

Because we won’t be directly under your employ, you also save on hiring an in-house accountant. You don’t need to invest in training or providing benefits. We only charge for the accounting services that you ask for. Lastly, you can come to us for financial advice or if you have any accounting-related questions you need answered.

Is bookkeeping and accounting the same?

Bookkeeping and accounting share one core element: handling of financial records. What distinguishes the two is that bookkeepers and accountants perform different tasks with the records they have.

Bookkeepers track and organise financial data, while accountants analyse and interpret financial data.

Because proper documentation is necessary, bookkeeping remains an important job. You will need to consult a qualified accountant if you want advice on your taxes, investments, and other financial matters.

Is an accountant necessary for new business owners?

Since starting a business means zero records to deal with, it isn’t a complete necessity to get an accountant at this stage. However, having an accountant by your side would put you in a better position for good financial management in the future than if you had no professional accounting support. 

Plummer Parsons can help you come up with the ideal business model for your company and make wise financial decisions, all while minimising your tax liabilities. We will let you know which transactions to keep track of from the beginning, so you don’t have to worry about it in the future.

You would also be required to start a business bank account and register with Companies House. Our support makes both tasks easy.

I’m a business owner. Do I have accounting responsibilities?

Businesses are legally obligated to pay certain taxes and file returns to HMRC and Companies House. If you want to continue business operations, you have to get these done properly and within their respective deadlines. 

Depending on how big and what kind of business you run, the forms you need to submit will differ. Most business owners, however, have to submit the following:

  • Confirmation Statement
  • Corporation Tax Return
  • Employee Related Shares (ESR) Return
  • P60
  • P11D
  • PAYE
  • VAT Return
  • Year-end Accounts

Is online accounting possible with Plummer Parsons?

Over the years, Plummer Parsons has invested in digital and paperless systems. This is to ensure that we can run at full capacity even through online channels. Rest assured that whatever service you might need from us, whether it’s providing advice for your self-assessment or answering HMRC enquiries.

What’s the process of switching from my current accountant to a Plummer Parsons accountant?

A good accountant has to understand the nature of your business on a fundamental level. They should be regularly updating you on your finances. When it comes to tax laws, they have to know when change occurs and inform you as soon as possible. If your accountant fails on any of these duties or you are simply unsatisfied with the quality of their work, it’s time to make the switch to Plummer Parsons.

We will help you talk to HMRC, Companies House, and your current accountant about handing over all accounting documents to Plummer Parsons. We will also provide a disengagement letter to your accountant and get their professional clearance. When all that’s done, the last step you’ll need to take is assigning authority to Plummer Parsons for managing tax issues and dealing with HMRC.

 

Office address

4 Frederick Terrace
Frederick Place
Brighton
East Sussex
BN1 1AX
Phone: 
44 (0) 1273 725 123
Email: 
brighton@p-p.uk
Google map: 

How to find us:

By Train:

We are just a few minutes walk from Brighton train station:

  • Walk south on Terminus road towards Guildford Road
  • Turn left on Junction Road
  • Then take a sharp left onto Queens Road Quadrant
  • Take a right turn onto Gloucester Road and then
  • Left onto Over Street
  • We are 400 metres up on the left.

By Car:

From London: Follow the M23/A23 from London:

  • Take A270, Blackman St and Trafalgar Ln to Over St:
  • Slight right towards New England Rd/A270
  • Turn right onto New England Rd/A270
  • Turn left onto New England St/A270
  • Turn right onto Fleet St/A270
  • Turn right onto Blackman St
  • Turn right onto Trafalgar St/B2119
  • Turn left onto Trafalgar Ln
  • Turn right onto Gloucester Rd
  • Turn right onto Over St
  • We are 400 metres on your left