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By Running a business in London comes with financial complexities – from tax regulations to payroll management. Many business owners try to handle accounting themselves to save money, but this often leads to missed deductions, compliance penalties, and inefficient financial strategies.
At TT Accountancy, we prove that affordable accounting services don’t mean cheap quality—they mean smarter financial management that saves you thousands. Here’s how our cost-effective solutions help London businesses keep more of their hard-earned revenue.
1. Avoiding Costly Tax Mistakes
The Problem:
- 30% of SMEs overpay taxes due to incorrect filings (HMRC)
- Late submissions incur penalties of £100–£1,600+
- Missed deductions = lost cash flow
Our Solution:
✅ Accurate tax returns – Maximize allowable expenses
✅ Deadline management – Never pay late fines again
✅ Proactive tax planning – Reduce liabilities legally
💡 “TT Accountancy recovered £12,000 in overpaid taxes we didn’t know we could claim.”
— E-commerce Business, Shoreditch
2. Claiming Hidden Allowances & Reliefs
Most businesses miss out on:
✔ R&D Tax Credits (Up to 33% of development costs)
✔ Capital Allowances (Equipment, machinery, EVs)
✔ SEIS/EIS Schemes (50% income tax relief for investors)
Our accountants identify every eligible claim, turning overlooked opportunities into cash savings.
3. Preventing HMRC Audits & Penalties
Red flags that trigger investigations:
🚩 Inconsistent payroll/VAT filings
🚩 Unreported income discrepancies
🚩 Claiming ineligible expenses
Our £X/month accounting packages include:
🔹 Compliance health checks
🔹 Audit-proof record keeping
🔹 Payroll/MTD integration
4. Time = Money: Reclaim Your Productivity
DIY accounting costs 10+ hours/month for most owners.
What could you do with an extra 120 hours/year?
➜ Focus on business growth
➜ Improve products/services
➜ Secure new clients
Our cloud accounting tools automate 80% of bookkeeping, freeing you to focus on revenue-generating work.
5. Cash Flow Optimization
Poor financial management causes 82% of business failures. We help:
📊 Forecast tax bills accurately (No nasty surprises)
💷 Identify wasteful spending (Cut unnecessary costs)
📈 Improve payment cycles (Faster invoicing/receivables)
6. Scalable Services That Grow With You
Why overpay for corporate-level accounting as a startup?
Our tiered pricing:
| Business Stage | Key Features | Typical Savings |
|---|---|---|
| Startups | Bookkeeping, VAT, Annual Returns | £3,000+/year |
| Growing SMEs | Management Accounts, Tax Planning | £8,000+/year |
| Established Companies | CFO Advisory, R&D Claims | £25,000+/year |
Proven Results for London Businesses
📍 Tech Startup: Saved £28,000 via R&D claims
📍 Consultancy Firm: Avoided £9,200 in penalties
📍 Café Chain: Reduced tax bill by 22% through allowances
Affordable Doesn’t Mean Compromise
Our fixed-fee packages (from £X/month) include:
✔ Dedicated accountant
✔ Cloud accounting software
✔ Unlimited email support
✔ Quarterly financial reviews
Ready to Start Saving?
The average TT Accountancy client saves 3x our fees in recovered taxes and efficiencies.
📞 Call 02039741266
📧 thomas@ttaccountancy.co.uk
🌐 Book Free Consultation
“We thought we couldn’t afford professional accounting. Turns out, we couldn’t afford NOT to.”
— Mr David, TT Accountancy Client
