Short answer
SME accounting covers statutory compliance plus the reporting a growing business needs to manage cash, margin and headcount. We combine accounts, tax, VAT and payroll with management information that scales as the business does.
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SME accounting services
SME accounting for growing UK businesses: statutory compliance, VAT, payroll, management accounts and forecasting under one fixed fee.
Short answer
SME accounting covers statutory compliance plus the reporting a growing business needs to manage cash, margin and headcount. We combine accounts, tax, VAT and payroll with management information that scales as the business does.
Written and reviewed by Waqas Sagar Member of ICAEW, Fellow of ACCA, Fellow of AAT, a double graduate and entrepreneur at heart, helping startups grow and serving thousands of businesses nationwide with an excellent team. Published by LimitedCompany.Accountants, 12 London Road, Morden, London SM4 5BQ. Reviewed 12 September 2026 against 2026/27 UK rates and current Companies House and HMRC guidance.
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QuickBooks PartnerCertified ProAdvisor100+ yearsCombined team experienceFully insuredUp to £2m indemnityWhat this means for your company
SME accounting covers statutory compliance plus the reporting a growing business needs to manage cash, margin and headcount. We combine accounts, tax, VAT and payroll with management information that scales as the business does.
01
Compliance as the foundation
02
Management reporting that earns its cost
03
Growth events we plan for
04
Moving beyond compliance
Compliance as the foundation
Accounts, Corporation Tax, VAT and payroll all run to one calendar with clear responsibilities. For an SME, the main risk is not a single missed deadline but a pattern of late data that makes every decision reactive.
Management reporting that earns its cost
Monthly or quarterly management accounts, gross margin by revenue stream, payroll cost as a proportion of revenue, and a rolling cash forecast. We start with the two or three measures that would actually change a decision, rather than a thirty page pack nobody reads.
Growth events we plan for
Hiring, VAT registration, borrowing, taking investment, opening a second entity, or crossing a size threshold that changes reporting or audit requirements. Each has a tax and reporting consequence best modelled before it happens.
Moving beyond compliance
When an SME needs more than reporting, our finance function services add a virtual finance director, board packs and forecasting, typically for businesses spending from around £150 a month on compliance up to £1,500 a month on full advisory support.
Before you act
Rates, thresholds and deadlines quoted here reflect the current UK position and current HMRC and Companies House guidance. Check GOV.UK, or ask us, before relying on them for your own business.
Local help
Talk to a limited company accountant near you
We work with company directors across London and Surrey from our office at 12 London Road, Morden, London SM4 5BQ. Pick your area, or send the form below and we will call you back.
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What Our Clients Say
“Accotax have been our accountants for many years now. We maintained them because of their professionalism. In the last couple of years I have been working with Imran, who has been very professional and helpful in guiding us through the whole process, explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow.”
“We worked with a few different accountants before finally settling with Accotax, and we're really glad we did. They take the time to understand how our business works and what our needs are. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing, professional, efficient, and follows the processes we have put in place together. Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.”
“I've been working with Accotax since January 2024, and their support has grown alongside my business needs. My personal allocated manager, Umer, provides tailored services for both of my companies, adapting as I expand and ensuring everything runs smoothly. They are responsive, knowledgeable, and always clear in their communication. Their help with accounts, VAT, payrolls, pensions and compliance gives me real confidence and peace of mind.”
Frequently asked
SME accounting services: questions directors ask
What counts as an SME in the UK?
Definitions vary, but the company law size thresholds for small and medium companies, based on turnover, balance sheet and employees, are the ones that drive reporting requirements.
When should an SME start management accounts?
Usually when cash is tight, margins vary between products or clients, headcount grows, or a lender or investor asks for reporting.
Do you handle group structures?
Yes, including holding companies, intercompany balances and consolidated reporting where required.
Can you support an in house bookkeeper?
Yes. We review their work, own the technical treatment and handle the filings.
What about audit?
Most small companies are exempt. If an audit becomes required, we prepare the company for it and work with an audit firm.
What do your packages cost?
Published packages start from £89 plus VAT monthly, with £169 and £289 plus VAT tiers for busier businesses. The final fee follows the agreed scope, not an hourly estimate.
Can you take over from my current accountant?
Yes. We request professional clearance, collect the accounting and tax records, review every approaching deadline and manage the handover so no filing is missed.
Can everything be handled online?
Yes. Records, questions, approvals and meetings can all be handled securely online. Clients near London can also meet us at 12 London Road, Morden by appointment.
Is basic tax advice included?
Routine day-to-day questions are included. Technical calculations, written advice, planning projects, HMRC disputes and specialist claims are scoped and agreed before any work starts.
How quickly can I get a fixed fee quote?
Use the short online quote form with your turnover, VAT, payroll and bookkeeping position. We can normally confirm scope and a fixed monthly fee the same working day.
Included approach
Organised, explained, on schedule.
Clear scopeDeadline visibilityHuman support