Swiftacc

Swiftacc Your Affordable Online Accountants and Business Advisors. Offering accounting services all over the England and Wales.
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Swiftacc is the most affordable accountant in London, offering friendly and reliable accounting services to small businesses, startups, and individuals. Our team includes qualified professionals with ACCA and AAT certifications who take care of tax returns, bookkeeping, company formation, sponsorship licence applications, and more. We work with clients across London, England, and Wales, helping th

em stay compliant and save time on their accounts. Whether you're a sole trader or running a limited company, we keep things simple, clear, and cost-effective. If you're looking for an accountant who explains things in plain language and responds quickly, you're in the right place. Book your free consultation today and see how easy it can be to manage your finances with Swiftacc.

There is a lot of confusion around Making Tax Digital for Income Tax.The key point is simple: If you run a limited compa...
29/05/2026

There is a lot of confusion around Making Tax Digital for Income Tax.

The key point is simple: If you run a limited company, your company profits, PAYE salary, and dividends do not count towards the MTD for Income Tax threshold.

However, MTD may still affect you personally if you also earn qualifying income from:

✅ Self-employment

✅ Personal rental income

✅ Sole trader work outside your company

From 2026/27, MTD for Income Tax starts applying to people with qualifying income over £50,000.

Not sure whether the rules apply to you?

Swiftacc can help you understand your position and stay HMRC-ready.

📞 +44 7564 964 141

Keeping company records safe is not just a legal requirement, it helps protect your business from fines, data loss, and ...
27/05/2026

Keeping company records safe is not just a legal requirement, it helps protect your business from fines, data loss, and unnecessary risk.

Here are a few key steps every UK business should follow:

🗂️ Keep physical records secure: Store important documents at your registered office or SAIL address, and keep them organised.

💻 Back up digital records: Use secure cloud storage, encryption, and regular backups to protect important files.

🔒 Control access: Only authorised people should be able to view or manage sensitive business records.

📑 Protect confidential information: Use passwords, clear internal rules, and confidentiality agreements where needed.

Proper record keeping helps your business stay compliant, audit-ready, and protected.

Need help with company records and compliance? Contact Swiftacc.

📞 +44 7564 964 141

For many self-employed entrepreneurs, the simplest way to launch a business is as a Sole Trader. It’s flexible, straight...
25/05/2026

For many self-employed entrepreneurs, the simplest way to launch a business is as a Sole Trader. It’s flexible, straightforward, and often cheaper than forming a limited company.

Here’s what you need to know to get started:

1️⃣ Register as self-employed with HMRC – this is your first step to official recognition.

2️⃣ Keep accurate records – track your income and expenses for tax purposes.

3️⃣ File your taxes – complete a Self Assessment annually or comply with Making Tax Digital requirements if you exceed the threshold.

Being a Sole Trader means you keep all the profits, but you’re also personally responsible for any losses. Despite this, it’s often the first step for many UK entrepreneurs before expanding to a limited company.

Need guidance on starting your business the right way?

Still tracking business expenses with a wallet of receipts? There’s a better way to stay organised and compliant.UK busi...
22/05/2026

Still tracking business expenses with a wallet of receipts? There’s a better way to stay organised and compliant.

UK business owners, directors, and employers can improve expense management by:

🔺 Using receipt capture applications to automatically record and organise expenses.

🔺 Implementing mileage tracking tools that follow HMRC-approved rates.

🔺 Integrating expense management with cloud accounting software for instant updates.

🔺 Ensuring VAT reclaims, employer obligations, and record-keeping rules are properly followed.

A properly structured system guarantees that no expense is missed, records remain accurate, and your accountant has everything needed at year-end without final-hour stress.

Starting your business in the UK? Opening a limited company doesn’t have to be complicated! Here’s a simple step-by-step...
20/05/2026

Starting your business in the UK? Opening a limited company doesn’t have to be complicated!

Here’s a simple step-by-step guide to get you up and running:

1️⃣ Choose a company name – Pick a unique name that follows UK rules and avoids restricted or misleading words.

2️⃣ Appoint directors & PSCs – Assign at least one director and any “People with Significant Control” who own/control 25%+ of the company.

3️⃣ Prepare legal paperwork – Create your Memorandum and Articles of Association and prepare a Confirmation Statement.

4️⃣ Register your company – Submit your application to Companies House using a valid UK address.

5️⃣ Comply with tax requirements – Register for Corporation Tax within 3 months of trading and stay on top of HMRC deadlines.

6️⃣ Open a business account – Set up a dedicated account to manage company finances professionally.

Want specialist guidance?

Swiftacc can help you register your limited company quickly and trouble-free.

Many business owners and landlords are unclear about who MTD ITSA affects, what income counts, reporting frequency, and ...
15/05/2026

Many business owners and landlords are unclear about who MTD ITSA affects, what income counts, reporting frequency, and possible penalties.

With deadlines, software requirements, and new reporting rules all rolling out, this isn’t something you can afford to ignore.

We’ve answered the top MTD ITSA questions our accountants get asked, in plain language, with real examples, and following steps you can act on today.

Whether you’re self-employed, a landlord, or just want to get ahead of HMRC’s digital reporting requirements, this guide will make it easy to understand compliance and help you avoid common mistakes, eventually saving you time and stress.

Read more here:https://swiftacc.org.uk/insights/top-mtd-itsa-faqs-answered-by-our-accountants/

May is one of the hectic months in the UK tax calendar. With Corporation Tax, VAT returns, PAYE, CIS, and P60s all due w...
13/05/2026

May is one of the hectic months in the UK tax calendar. With Corporation Tax, VAT returns, PAYE, CIS, and P60s all due within a few weeks, staying on schedule with deadlines is critical. HMRC doesn’t offer extensions for delayed submissions.

Successful businesses are those that plan ahead, not the ones that scramble at the last minute.

Here’s your quick reference for May 2026:

🔹19 May: PAYE, NIC, and CIS payment by post – tax month ending 5 May 2026

🔹19 May: CIS monthly return due – payments made to subcontractors in the month ending 5 May 2026

🔹22 May: PAYE, NIC, and CIS electronic payments – tax month ending 5 May 2026

🔹31 May: Corporation Tax return (CT600) due – companies with 31 May 2025 year end

🔹31 May: VAT annual accounting return & balancing payment – 31 March stagger

🔹31 May: P60s must be issued to all employees

Identity verification with Companies House is now essential for directors and Persons with Significant Control (PSCs) be...
11/05/2026

Identity verification with Companies House is now essential for directors and Persons with Significant Control (PSCs) before filing company information. Swiftacc provides an easy, compliant Identity Verification Service to guarantee you meet this requirement with certainty and efficiency.

Our service includes:
▪️ Identity verification for directors and PSCs
▪️ Easy in‑person or remote verification options
▪️ Digital secure verification via a link
▪️ Compliance with the latest Companies House rules
▪️ Support for UK and non‑UK residents

We help you complete this process without stress, leading you through each step and ensuring you receive your Companies House personal code so you can continue filing documents and running your company without delay. This service is available for £50 per person, with expert guidance included throughout.

Contact Swiftacc today to begin your quick, hassle-free identity verification and stay compliant without delay.

Managing a limited company brings freedom and opportunity, but it also comes with financial responsibilities that can qu...
08/05/2026

Managing a limited company brings freedom and opportunity, but it also comes with financial responsibilities that can quickly become overwhelming. At Swiftacc, we specialise in Limited Company Accountancy and provide expert support tailored to UK limited businesses of all sizes.
Our services include:
▪️ Bookkeeping and payroll
▪️ Year‑end accounts and tax filing
▪️ VAT returns and annual return submission
▪️ Director self‑assessment support
▪️ Ongoing compliance with HMRC and Companies House requirements

With straightforward pricing starting from £50 per month, we take care of your accounting needs so you can focus on growing your business with confidence.

Managing finances for a construction business can be complex. At Swiftacc, we specialise in Construction Accountancy, he...
06/05/2026

Managing finances for a construction business can be complex. At Swiftacc, we specialise in Construction Accountancy, helping builders, contractors, and small construction firms stay compliant with HMRC, handle CIS and VAT, and keep your accounting accurate and stress‑free.

Our services include:

▪️ CIS compliance and deductions
▪️ VAT and tax filing support
▪️ Payroll and subcontractor tracking
▪️ Monthly bookkeeping and reporting
▪️ Ensuring deadlines are met without the stress

With straightforward pricing starting from £𝟖𝟎 𝐩𝐞𝐫 𝐦𝐨𝐧𝐭𝐡 and a 𝟔𝟎‑𝐝𝐚𝐲 𝐟𝐫𝐞𝐞 𝐭𝐫𝐢𝐚𝐥, we make accounting easier so you can focus on growing your business.

Address

Unit 211 Second Floor, Radial House 3-5 Ripple Road
Barking
IG117NF

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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