Accountants for Small Businesses
Expert Support You Can Trust
Running a small business is no small task — and managing your accounts shouldn't slow you down. At Ultra Tax Ltd, we specialise in helping UK small businesses stay on top of their finances with simple, affordable, and expert accountancy services. Whether you're just starting out or scaling fast, we're here to handle the numbers so you can focus on growth.
Small Business Accountancy Services Tailored to You
We don’t believe in one-size-fits-all. Our small business accounting services are designed around your goals, industry, and budget.
Bookkeeping and Record-Keeping
Stay organised and compliant with clear, consistent bookkeeping. We make sure your income, expenses, and invoices are always up to date — saving you time and stress at year-end.
Annual Accounts and Tax Returns
From year-end accounts to corporation tax and self-assessments, we’ll ensure everything’s submitted on time and accurately — helping you avoid penalties and make smart decisions.
Payroll Services
Paying your staff doesn’t need to be complicated. We run payroll, handle HMRC submissions, and keep you compliant with all PAYE and pension rules.
VAT Returns and Compliance
If you're VAT-registered, we’ll manage your returns, reclaim everything you're owed, and ensure you meet Making Tax Digital (MTD) obligations.
Local Accountants Who Understand Small Businesses
Based in Castle Eden, we work with small businesses across the North East and the wider UK. We know how local businesses operate — and how to help them grow.
Why Small Businesses Choose Ultra Tax Ltd
Dedicated personal accountant for every client​
Unlimited free consultations
Support for every business structure: sole trader, limited company, or partnership
Clear pricing — no hidden fees
Fast turnaround on tax returns and accounts
Award winning tax team to help your small business
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What Does a Small Business Accountant Actually Do?
We’re more than just number-crunchers. A good accountant helps your business save time, reduce tax, and grow sustainably.
Preparing and Submitting Annual Accounts
Every limited company must prepare and submit annual accounts to Companies House and HMRC. We take the stress out of this process by handling everything for you — from your profit and loss statement to your balance sheet and retained earnings. We make sure your accounts are accurate, compliant with UK accounting standards (FRS 105 or 102), and submitted before the deadline. If you're a sole trader or partnership, we'll prepare a full set of year-end accounts tailored to your business activity and financial performance.
Registering and Managing VAT
Whether you’re required to register for VAT or choosing to voluntarily register, we’ll advise you on the best VAT scheme for your business (Standard Rate, Flat Rate, Cash Accounting, etc.). Once registered, we’ll submit your VAT returns accurately and on time — ensuring you're claiming everything you're entitled to and never missing a deadline. We also help businesses comply with Making Tax Digital (MTD), including setting up compatible software and handling quarterly submissions.
Processing Payroll and Pension Contributions
Managing payroll in-house can be time-consuming and risky — especially with ever-changing employment and pension rules. We take care of weekly or monthly payroll for you, calculating wages, taxes (PAYE and NIC), and pension contributions accurately. We handle Real Time Information (RTI) submissions to HMRC, auto-enrolment duties with The Pensions Regulator, and provide payslips for your staff. Whether you have one employee or a full team, we’ll keep everything compliant and on schedule.
Filing Corporation Tax and Self-Assessment Returns
Limited companies must file a CT600 Corporation Tax Return alongside their annual accounts. We prepare and submit this for you, making sure all allowable expenses are claimed and your tax position is optimised. If you're a sole trader or director taking dividends, we also handle your Self-Assessment Tax Return — ensuring all income sources (employment, dividends, rental, crypto, etc.) are reported accurately. We’ll make sure your return is filed correctly, any payments are planned in advance, and HMRC deadlines are never missed.
We also help your small business with:
Advising on Allowable Expenses and Tax-Saving Strategies
Helping Set Up Accounting Software (Xero, QuickBooks, FreeAgent)
Business Start-Up and Company Formation Support
Cash Flow Forecasting and Financial Planning
Not Sure If You Need an accountant for your small business?
Get expert advice from our award-winning accountants today.
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Fixed-rate pricing | Unlimited support | Dedicated accountant
