Co-Accounting

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Co-Accounting South London accountants taking care of your accounts and tax while helping you to grow the business you want

If you run a limited company, do you know which of your business expenses are tax-deductible?⁠⁠There are the obvious day...
16/10/2026

If you run a limited company, do you know which of your business expenses are tax-deductible?⁠
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There are the obvious day-to-day costs, but there are plenty of others that are worth checking. Things like professional fees, business insurance, certain subscriptions and memberships, mileage and travel costs can all potentially be deductible, depending on what they’re for and how they’re used.⁠
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And this is where it’s worth asking the question rather than assuming. Something being a business expense doesn’t automatically mean it can be deducted when calculating your taxable profit.⁠
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The more you understand about what is and isn’t tax-deductible, the better you can understand the numbers behind your Corporation Tax bill.⁠
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Not sure about a particular expense? Ask us. It’s always worth checking.⁠
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Save this post for later and follow us for the next post in our Corporation Tax series.⁠
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What if you could spot problems in your business before they became bigger ones?⁠⁠When you’re busy with the day-to-day, ...
09/10/2026

What if you could spot problems in your business before they became bigger ones?⁠
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When you’re busy with the day-to-day, it can be easy to miss the early signs that something needs your attention.⁠
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That’s one of the real benefits of our regular Co-Create meetings.⁠
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By consistently making time to look at your numbers and talk through what’s happening in your business, we can identify potential problems early and work out what needs to happen next.⁠
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Regular meetings also create accountability. There’s time to follow up on what we discussed last time, see what’s changed and keep moving towards your business goals.⁠
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And because we understand both your numbers and your business, you have an objective sounding board for the decisions you need to make along the way.⁠
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Want to know more about Co- and how we work with our clients? Get in touch.

A budget shouldn’t be something you create once and then forget about.⁠⁠Used properly, it can help you understand what’s...
07/10/2026

A budget shouldn’t be something you create once and then forget about.⁠
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Used properly, it can help you understand what’s coming up, spot potential problems earlier and make more informed decisions about where your business is heading.⁠
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In our next Co-nnect workshop, we’ll be looking at how FathomHQ can help make budgeting more useful, practical and easier to keep up to date.⁠
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📅 Monday 26th October⁠
🕢 7.30–8.30 pm⁠
📍 The Wire Room, SE21⁠
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Open to South London business owners, whether you’re a Co- client or not.⁠
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Book your place here 👉 https://co-accounting.co.uk/events/budgeting-on-fathomhq
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Limited company owner? The profit shown in your accounts isn’t necessarily the figure your Corporation Tax will be calcu...
06/10/2026

Limited company owner? The profit shown in your accounts isn’t necessarily the figure your Corporation Tax will be calculated on.⁠
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Your accounting profit is the starting point, but some adjustments need to be made before you arrive at your taxable profit.⁠
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Some costs that appear in your accounts can’t be deducted for Corporation Tax, so they’re added back. On the other hand, you may be able to claim tax allowances that bring the taxable figure down.⁠
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This is why looking at your Profit & Loss report alone won’t necessarily tell you what your Corporation Tax bill is going to be.⁠
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Understanding what sits behind the calculation makes it much easier to plan ahead and avoid surprises.⁠
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📌 Save this post for later and follow us for the next post in our Corporation Tax series.

Getting close to the VAT threshold is a good sign that your business is growing. 🚀 It also means it’s time to start thin...
05/10/2026

Getting close to the VAT threshold is a good sign that your business is growing. 🚀 It also means it’s time to start thinking about your pricing, cash flow, bookkeeping and admin. ⁠
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Getting ahead of those changes now makes the whole process much smoother when the time comes.⁠
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In our most recent blog, we’ve pulled together the key points to be aware of before VAT registration, including when you need to register, what to think about with pricing and the records you’ll need to keep.⁠
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Swipe through to read them and save this post if VAT registration could be on the horizon for your business. 👀⁠
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Is there something in your business you’ve been meaning to tackle before the end of the year?⁠⁠Our monthly Co-nnect even...
01/10/2026

Is there something in your business you’ve been meaning to tackle before the end of the year?⁠
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Our monthly Co-nnect events give South London business owners the space to step away from the day-to-day, ask questions, get a fresh perspective and spend some time working on the things that could help move their business forward.⁠
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And you don’t need to be a Co- client to join us. ⁠
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Our in-person workshops are relaxed, practical sessions with other local business owners over a drink and some nibbles. They’re a chance to look at one area of your business in more depth, hear how other people approach it and ask questions that are specific to your own circumstances.⁠
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Sometimes, simply having the time and space to think something through properly can help you see what needs to happen next.⁠
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We also run other online events throughout the month, giving you access to practical support when you need it. ⁠
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Coming up this month 👇⁠
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👩🏻‍💻 Online Accounting Surgery – 14th October ⁠
Got a question about Xero, bookkeeping, tax or your accounts? Bring it along and get practical guidance from the Co- team.⁠
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🚶🏻‍♀️ Walk & Talk – 21st October⁠
Step away from your desk, meet other local business owners and talk business while getting some fresh air.⁠
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🛠 Co-nnect Workshop – 26th October⁠
Budgeting with FathomHQ⁠
Learn why budgeting matters for a profitable business and how to use FathomHQ to create a budget that helps you plan ahead.⁠
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All Co-nnect events are open to South London business owners, whether you’re a Co- client or not.⁠
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Book your place here 👉 https://co-accounting.co.uk/events

One of the most rewarding moments in our Co-Create sessions is seeing a business move from constantly firefighting to fi...
28/09/2026

One of the most rewarding moments in our Co-Create sessions is seeing a business move from constantly firefighting to finally feeling more in control. ⁠ 👏⁠
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One client came to us under real financial pressure. VAT bills were difficult to meet, cash was tight, and every quarter felt like another struggle.⁠
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Over time, we worked together to get the business back onto a more stable footing. Then, in a recent meeting, there was a real turning point: the VAT bill was covered, there was enough money for the owners to pay themselves, and the pressure had started to lift. 🚀⁠
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That created space for a different kind of conversation.⁠
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We were able to step back and look at the owner’s role in the business, where their strengths really lay and what they could build around next.⁠
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What became clear was that they are brilliant at bringing people together and inspiring a team, and with the finances on a firmer footing, they can now lean into that strength and use it as part of the foundation for the next stage of the business.⁠
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That’s a big part of what Co-Create is about. ⁠
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For business owners who don’t necessarily have a partner or senior management team to discuss ideas, it creates space to look at the challenges, talk through the bigger decisions and work out how to move forward.⁠
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Hiring your first employee is a big step for any small business — but before payday arrives, there are a few important t...
03/09/2026

Hiring your first employee is a big step for any small business — but before payday arrives, there are a few important things to get in place.⁠
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From registering as an employer to setting up payroll, understanding PAYE and checking your pension duties, it’s much easier to get organised before the first payroll run.⁠
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Swipe through for a simple new employer checklist.⁠
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📌 Save this post if you’re planning to hire, or share it with another small business owner taking on their first employee.⁠
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If you have questions about payroll, PAYE or setting up as an employer, book a complimentary appointment at our Accounting Surgery via the link in our bio 👉

Ready to take your business to the next level? 🚀 Join us for free specialist-led Co-nnect business events this month and...
31/08/2026

Ready to take your business to the next level? 🚀 Join us for free specialist-led Co-nnect business events this month and work on your business with local growth specialists.⁠
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Coming up in September:⁠
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👩🏻‍💻 Online Accounting Surgery - Wednesday 9th September⁠
Do you have Xero, accounting, or tax questions? Join our online sessions, monthly on a Wednesday, from 2.30 pm to 3.30 pm and get answers!⁠
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🚶🏻‍♀️ Walk & Talk - Wedneday 16th September⁠
Take a break from the desk and chat about your business while enjoying the fresh air at Sydenham Hill Woods. It’s the perfect way to clear your mind and gain new perspectives.⁠
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⁠🛠 Co-nnect Workshop: Monday 28th September⁠
Join other business owners for an interactive session with our Co- Growth Specialists. This month we explore the ideas around Value Pricing, an approach to pricing that prices the outcome, not the cost. Value Pricing has the power to transform a business!⁠
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Sign up via the link in our bio or simply comment below with the event you’re interested in, and we’ll DM you the direct link.

Taking on an apprentice can feel like a big step for a small business.⁠⁠There is the responsibility of training someone ...
28/08/2026

Taking on an apprentice can feel like a big step for a small business.⁠
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There is the responsibility of training someone properly, the time it takes to support them, and the question every business owner asks: will it work?⁠
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For us at Co-, taking on Aleks as an apprentice has been a hugely positive experience.⁠
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Since starting in November 2022, Aleks has gained her AAT Level 3 Diploma in Accounting, is now working towards Level 4, and has grown from being supported with entry-level tasks to handling more complex work independently.⁠
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It has reminded us that apprenticeships are not just about giving someone a first step into work. They can also help small businesses grow, create capacity and bring new energy into the team.⁠
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If you are considering hiring an apprentice, swipe through for 7 things we think are worth knowing before you start.⁠
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You can also visit apprenticeships.gov.uk/employers for official guidance on how apprenticeships work, finding a training provider and taking the next step.

Address

Unit D228, Parkhall Business Centre, 62 Tritton Road
London
SE218DE

Opening Hours

Monday 9:30am - 6pm
Tuesday 9:30am - 6pm
Wednesday 9:30am - 6pm
Thursday 9:30am - 6pm
Friday 9:30am - 6pm

Telephone

+442073263900

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