Supporting your business

At BlueFox Accounting we’re here to support SMEs (small and medium sized enterprises) and sole traders with all aspects of financial management, from bookkeeping and VAT returns to preparing accounts and ensuring tax compliance. We take the hassle out of managing paperwork, so you can focus on growing your business.

We will be your trusted advisor, providing clear, timely advice and ensuring you're fully informed at every step. With us by your side, you won’t be alone in making important business decisions – we’re committed to helping you stay compliant, pay the right amount of tax, and make sound financial choices.

How we can help

We provide a one stop shop service that can support your business in all areas of accounting, finance and tax, tailored to your specific needs.

Bookkeeping and
VAT returns

We simplify bookkeeping and VAT returns by keeping your records accurate and up to date using cloud technology. Whether you need help with VAT registration or submitting your returns, we’ll ensure compliance and take care of the paperwork, so you can focus on growing your business.

Accounts preparation and company secretarial

We handle your year-end accounts preparation and ensure they meet all statutory requirements. Our company secretarial services take care of filing deadlines and compliance (confirmation statements etc.). Giving you peace of mind and more time to focus on your business.

Tax compliance, advisory and payments

We ensure your business stays tax-compliant, handling everything from tax returns to payment deadlines for both companies and individuals. Our expert advice helps you minimise liabilities and plan for future payments, so you’re always prepared and never caught off guard.

Business advisory, planning and support

We offer tailored advice and support to help your business grow and thrive. From financial planning to strategic decisions, we’re here to guide you through every stage, ensuring you make informed choices that drive success. Ensure that we are with you every step of the way.

See our full range of services

Case study

A small limited company with a single director, had fallen behind on its bookkeeping and compliance obligations, the director was struggling to manage cashflow effectively and stay on top of key deadlines.

Key issues the business faced:
The business had not been keeping accurate financial records and had exceeded the VAT registration threshold without realising it. As a result, they were at risk of falling behind on their VAT obligations, which could result in penalties. They also needed to get their books up to date for the year, prepare year-end accounts, file a corporation tax return, and ensure their directors' tax returns were completed and payments scheduled correctly.

Our approach:

Setting up Xero and bringing books up to date:
We helped the client set up Xero, a cloud-based accounting software, to simplify their bookkeeping process moving forward. We worked through the backlog of transactions to bring their financial records up to date, ensuring accuracy and compliance with accounting standards. This gave them a clear, real-time view of their financial position.
VAT registration and first VAT return:
After identifying that the business had exceeded the VAT registration threshold, we quickly registered the company for VAT with HMRC. Once the VAT registration was complete, we helped the client submit their first VAT return. This included reconciling their books, ensuring they met VAT reporting requirements, and advising them on how to manage VAT moving forward.
Year-end accounts and corporation tax return:
We prepared the company’s year-end accounts, providing a comprehensive overview of their financial performance. We also completed the corporation tax return, ensuring the business understood its tax liabilities and the appropriate deductions available. We then calculated the corporation tax payment due and advised on the upcoming deadlines, allowing the client to plan ahead and manage cash flow.
Directors' tax returns & payment planning:
Beyond the business’s compliance obligations, we also took care of the tax returns for the directors. We provided advice on the payments due in January, as well as the payment on account due in July. Our proactive approach helped the directors plan their finances and avoid surprises at tax time.

Results:

- The client was fully compliant with all VAT registration and filing requirements.

- The business was able to submit its first VAT return on time and with confidence.

- Year-end accounts were completed accurately and on time, ensuring the company was up to date with all filings.

- Corporation tax obligations were met ahead of the payment deadline, avoiding penalties.

- The directors were kept informed and prepared for tax payments due in January and July, allowing for better financial planning.

Conclusion:
Through our support, the client gained peace of mind knowing that their bookkeeping, VAT obligations, and tax returns were in good hands. We became their trusted advisor, helping them navigate complex financial decisions and ensuring they were always fully informed and ahead of deadlines. This allowed the business to focus on growth, knowing they were compliant and in control of their finances.

Want to hear how we can help?

If the above sounds like something you're currently facing, or if you'd simply like to discuss your upcoming plans, we're here to help. Use the contact form below to send us a message, and we'll get in touch to arrange a meeting. Together, we can review your business needs and discuss how we can support you in staying on top of your finances and compliance.