Start up advice

Accountants for startups

At Ellacotts we’re expert accountants for startups and helping businesses get up and running. We can guide you through those early and exciting stages to implement your vision for your new business.

You’ll have a key contact and supporting team at Ellacotts who will help with:

Structure & strategy

We like to get involved early on to discuss your business plan and make sure you choose the best business structure both for now and in the future.

These are important decisions to get right at the start as they can be costly to change at a later date.

Raising finance & cashflow forecasts

If you need some initial funding, we can calculate how much you may need and prepare forecasts to present to banks or investors.

HMRC registration

We can help with completing your registrations with HMRC, from Corporation Tax and VAT to payroll.

Accounting software

We can advise on the most suitable accounting software for your business and help get you up and running on it. Our team of Online Accounting experts specialise in providing tailor-made online accounting solutions designed to help grow your business. We’re proud to be a Xero Platinum Partner meaning we’re certified in the setup and operation of Xero, which is digitally compliant for Making Tax Digital.

Contractors & IR35 status

If you provide services through a limited company you may be affected IR35. This legislation is designed to determine whether or not you should pay tax and national insurance as an employee. It is a complicated part of law with many grey areas so we can help you navigate these issues and what you can do to mitigate your risks.

Additional services

As well as making sure your new business gets off to the best start, we can help with your day-to-day accounting needs. Our team can also advise you on:

• Online accounting services
• Payroll
• Outsourcing bookkeeping, VAT and management accounts

Speak to an expert