Professional Accounting Services in London

Trusted Financial Partner for Your Business Growth

Managing financial records requires precision, expertise, and consistent attention to detail. At Wiselivinghub, we provide comprehensive accounting solutions tailored to businesses across London and surrounding areas. Our team consists of 8 qualified accountants with an average of 12 years of experience in UK tax legislation, financial reporting, and business compliance.

We work with sole traders, small businesses, and medium-sized enterprises operating in various sectors including retail, hospitality, construction, and professional services. Our office on Elm Road serves clients throughout South West London, including Wimbledon, Merton, Kingston, and Richmond. Each month, we process over 150 sets of accounts and handle more than 200 tax returns.

Our approach combines traditional accounting practices with modern cloud-based software solutions. We use Xero, QuickBooks, and Sage accounting platforms to ensure your financial data remains accurate, accessible, and secure. Regular face-to-face meetings, combined with digital communication channels, allow us to maintain close working relationships while offering flexibility that suits your schedule.

Whether you need assistance with quarterly VAT returns, annual accounts preparation, payroll administration, or strategic tax planning, our services adapt to your specific requirements. We handle compliance matters including Companies House filings, HMRC correspondence, and Making Tax Digital submissions. Our pricing structure is transparent, with fixed monthly fees starting from £95 for basic bookkeeping and scalable packages for more complex financial management needs.

  • Qualified accountants with 12+ years average experience in UK taxation and financial reporting
  • Fixed monthly fees from £95 with no hidden charges or unexpected invoices
  • Integration with Xero, QuickBooks, and Sage cloud accounting platforms
  • Face-to-face consultations at our Elm Road office or your business premises across London
  • Complete compliance handling including VAT, PAYE, Corporation Tax, and Making Tax Digital submissions
Professional accountant working with financial documents and calculator in modern London office

Our Accounting Services

We provide comprehensive financial management solutions tailored to businesses of all sizes. Our qualified accountants ensure compliance with UK regulations while optimizing your financial operations.

Monthly Bookkeeping

We maintain accurate financial records by processing invoices, receipts, and bank transactions. Our team reconciles accounts monthly, ensuring your books reflect true financial position. Includes VAT preparation and basic financial reports for informed decision-making throughout the year.

Starting From
£150
per month

Tax Return Preparation

Our specialists prepare and submit personal and corporate tax returns to HMRC. We identify applicable deductions and allowances to minimize tax liability legally. Service includes correspondence with tax authorities and guidance on payment schedules to avoid penalties and interest charges.

Starting From
£250
per return

Financial Planning

We analyze your current financial situation and develop strategies for growth. Our accountants create budgets, forecast cash flow, and recommend investment opportunities. Regular quarterly reviews track progress against goals, adjusting plans as market conditions and business circumstances change over time.

Starting From
£400
per quarter

Company Formation

We handle complete registration process with Companies House for new businesses. Service includes name availability check, preparation of incorporation documents, and registration for Corporation Tax. We also set up initial accounting systems and provide guidance on statutory requirements for directors and shareholders.

Starting From
£350
one-time fee

VAT Services

Our team manages VAT registration, quarterly returns, and Making Tax Digital compliance. We calculate accurate VAT liability, claim input tax, and submit digital returns through approved software. Includes advice on VAT schemes like Flat Rate or Cash Accounting to reduce administrative burden.

Starting From
£120
per quarter

Payroll Management

We process employee salaries, calculate PAYE and National Insurance contributions accurately. Service includes issuing payslips, filing RTI submissions to HMRC, and year-end P60 preparation. We also handle pension auto-enrolment administration, statutory payments, and provide employment cost reports for budget planning.

Starting From
£85
per month

Annual Accounts

We prepare statutory accounts compliant with UK GAAP or FRS standards for submission to Companies House. Includes profit and loss statement, balance sheet, and directors' report. Our accountants ensure disclosure requirements are met and provide management accounts with detailed analysis of financial performance.

Starting From
£500
per year

Frequently Asked Questions

Find answers to common questions about our accounting services. We're here to help you understand how we can support your business financial needs.

We provide services to a wide range of businesses across London and throughout the UK. Our client base includes sole traders, limited companies, partnerships, and small to medium-sized enterprises across various sectors such as retail, hospitality, professional services, construction, and technology.

Whether you're just starting out or have been trading for years, we tailor our approach to match your specific requirements. Each business has unique financial circumstances, and we take time to understand your operations, industry regulations, and growth objectives before recommending the most suitable service package.

Our pricing depends on several factors including the size of your business, transaction volume, complexity of your financial structure, and the specific services you require. We offer transparent fixed monthly fees starting from £150 for basic bookkeeping for sole traders, with comprehensive packages for limited companies typically ranging from £250 to £800 per month.

During your initial consultation, we assess your needs and provide a detailed quote with no hidden charges. Many clients find that professional accounting services actually save them money through better tax planning, reduced errors, and time freed up to focus on growing their business. We also offer flexible payment terms to suit your cash flow.

Not necessarily. While we welcome clients to our London office at 27 Elm Road, SW19 4HX, most of our work can be handled remotely using secure cloud-based software. We use platforms like Xero, QuickBooks, and Sage, which allow real-time collaboration and document sharing from anywhere.

Many of our clients prefer virtual meetings via video call, which saves travel time and offers greater flexibility for scheduling. However, if you prefer face-to-face meetings, we're happy to accommodate that during our business hours. We can also visit your premises if needed, particularly during the initial setup phase or for more complex consultations.

The documentation required varies based on your business structure and the services you need. Generally, we'll need access to your bank statements, invoices, receipts, payroll records, and any previous tax returns or financial statements. For new clients, we also require company registration documents and details of any existing HMRC registrations.

If you're switching from another accountant, we'll need authorization to contact them and obtain your records. Don't worry if your paperwork isn't perfectly organized – part of our job is helping you establish efficient record-keeping systems. We can accept documents in various formats including paper copies, scanned PDFs, or direct bank feeds through accounting software.

For straightforward self-assessment tax returns, we typically complete the work within 5-7 working days once we have all necessary information. Company accounts and corporation tax returns usually take 10-15 working days, depending on complexity and the quality of records provided.

However, turnaround time significantly improves when you provide organized, complete documentation upfront. We recommend submitting your information at least 6 weeks before the deadline to allow time for any queries or additional information requests. Rush services are available for urgent cases, though additional fees may apply. Remember that the self-assessment deadline is 31st January, and we encourage clients to submit well before this date to avoid penalties.

Yes, we handle all aspects of VAT compliance. This includes advising whether registration is beneficial for your business, completing the registration process with HMRC, and preparing and submitting your VAT returns on time. We work with businesses on standard, flat rate, and cash accounting schemes.

Our service includes reviewing your transactions to ensure correct VAT treatment, maximizing your VAT recovery on purchases, and maintaining proper records for HMRC compliance. We also provide guidance on complex VAT issues such as international transactions, partial exemption, and the VAT treatment of specific goods or services in your industry. If you're approaching the £85,000 registration threshold, we'll advise you on the optimal timing and scheme selection.

If HMRC opens an enquiry into your tax affairs, we'll represent you throughout the entire process. This includes corresponding with HMRC on your behalf, preparing responses to their queries, gathering and presenting supporting documentation, and negotiating settlements where appropriate.

Our experience with HMRC procedures means we understand what they're looking for and how to present information effectively. We'll explain each stage of the investigation, advise on your rights and obligations, and work to resolve matters as quickly and favorably as possible. While we can't prevent HMRC from conducting random checks, maintaining accurate records and filing correct returns significantly reduces the likelihood of issues arising. We also offer fee protection insurance that covers the cost of professional representation during tax investigations.

We offer comprehensive payroll management for businesses of all sizes. Our service includes calculating wages and deductions, processing PAYE and National Insurance contributions, producing payslips, submitting Real Time Information to HMRC, and handling pension auto-enrolment obligations under workplace pension regulations.

We also manage statutory payments such as sick pay, maternity pay, and paternity pay, prepare year-end P60s and P11Ds, and advise on employment tax matters including IR35 for contractors. Whether you have one employee or fifty, we ensure your payroll runs smoothly and complies with current legislation. Our system can integrate with your accounting software, and we provide secure online access for employees to view their payslips and tax documents.

Data security is fundamental to our operations. We use bank-level encryption for all digital communications and store client data on secure, UK-based servers with regular backups. Our cloud accounting platforms are certified to ISO 27001 standards and include multi-factor authentication, role-based access controls, and detailed audit trails.

All staff members sign confidentiality agreements and receive regular training on data protection and GDPR compliance. Physical documents are stored in locked cabinets within our secure office premises, and we have strict protocols for document disposal. We're registered with the Information Commissioner's Office and maintain professional indemnity insurance. Your financial information is treated with the highest level of confidentiality, and we never share client data with third parties without explicit consent, except where legally required.

Beyond compliance work, we provide strategic financial advice to help your business grow. This includes preparing cash flow forecasts, analyzing profitability by product or service line, benchmarking your performance against industry standards, and identifying opportunities to improve margins and efficiency.

We can assist with business plans for funding applications, advise on the financial implications of expansion decisions, and help structure your business for tax efficiency as you grow. Our quarterly management accounts provide insights into trends and patterns in your finances, enabling better decision-making. We also offer guidance on pricing strategies, cost control, and working capital management. Think of us as your financial partner who understands both the numbers and the practical realities of running a business in today's competitive environment.

Our standard office hours are Monday to Friday from 9:00 to 18:00, and Saturday from 10:00 to 14:00. During these times, you can reach us by phone at +44 20 7913 5824 or email at [email protected]. We typically respond to emails within 4 working hours during business days.

For urgent matters outside these hours, you can send an email marked as urgent, and we monitor these regularly. While we don't offer 24/7 support, we understand that business questions don't always arise during office hours. For clients on premium service packages, we provide extended support options including priority response times and direct mobile contact for critical issues. We're closed on Sundays and bank holidays, but will respond to any messages received during these periods on the next working day.

Get in Touch

Have questions about our accounting services? Our team is ready to assist you with bookkeeping, tax preparation, payroll management, and financial consulting. Reach out today.

Address

Elm Road, 27
London SW19 4HX
United Kingdom

Business Hours

  • Monday - Friday: 9:00 - 18:00
  • Saturday: 10:00 - 14:00
  • Sunday: Closed

Send Us a Message

What Our Clients Say

We work with businesses across London and the UK, providing accounting services that help them stay compliant and financially organised. Here's what some of our clients have experienced.

"
4/5

Professional service and reasonable pricing. They handle our payroll efficiently. Response time could be faster during busy periods, but overall satisfied with the quality of work.

SE
Sarah Edwards
Birmingham
"
3/5

The accounting work itself is solid and accurate. They prepared our year-end accounts without issues and filed everything on time. However, the onboarding process took longer than expected, and it would be helpful to have more flexible meeting times. Good for straightforward accounting needs, though I wish there were more proactive tax planning suggestions.

DP
David Patterson
Leeds
"

As a freelance consultant, I needed someone to sort out my self-assessment and keep my finances organised. Wiselivinghub made the whole process straightforward. They explained everything in plain English, which I really appreciated. My tax return was submitted three weeks before the deadline, and they even identified some expenses I'd forgotten to claim. Highly recommend for sole traders.

EC
Emily Cooper
Bristol

Why Choose Our Accounting Services

We provide comprehensive financial management solutions tailored to your business needs. Our approach combines technical expertise with practical understanding of UK regulations and business requirements.

HMRC Compliance

We ensure full compliance with UK tax regulations and HMRC requirements. Our team stays current with legislative changes, submits accurate returns on time, and maintains proper documentation for all financial transactions. This reduces audit risks and potential penalties.

VAT Management

Complete VAT services including registration, quarterly returns, and Making Tax Digital compliance. We handle standard, reduced, and zero-rated calculations, input tax recovery, and reverse charge mechanisms. Our system integrates with HMRC's digital platform for seamless submissions.

Financial Reporting

Monthly management accounts, profit and loss statements, balance sheets, and cash flow analysis. We provide clear reports that show your business performance, identify trends, and support decision-making. All reports follow UK GAAP or FRS 102 standards as applicable.

Payroll Processing

Full payroll service covering salary calculations, PAYE, National Insurance, pension auto-enrolment, and RTI submissions. We process payments, generate payslips, handle statutory payments like SSP and SMP, and manage year-end P60s and P11D forms for your employees.

Bookkeeping Services

Daily transaction recording, bank reconciliation, invoice management, and expense tracking using cloud-based software like Xero or QuickBooks. We maintain accurate records of all financial activities, categorize transactions correctly, and ensure your books are always audit-ready and up to date.

Company Formation

Assistance with registering limited companies at Companies House, including name checks, articles of association, and share structure setup. We handle incorporation paperwork, register for Corporation Tax, and advise on optimal business structures for tax efficiency and liability protection.

Tax Planning

Strategic advice to minimize tax liabilities within legal frameworks. We review your financial structure, identify allowable deductions, optimize capital allowances, and plan for Corporation Tax, Income Tax, and Capital Gains Tax. Our planning considers both current year and future tax implications.

Cloud Accounting

Implementation and support for cloud-based accounting platforms that provide real-time access to your financial data from anywhere. We train your team, set up automated bank feeds, configure invoicing systems, and ensure secure data backup. This enables better collaboration and instant financial visibility.

Dedicated Accountant

Each client works with a qualified accountant who understands their business. Your accountant is available for consultations, answers questions promptly, and provides proactive advice. This consistent relationship means better service, as your accountant knows your business history and specific requirements.

Year-Round Support

Continuous assistance beyond tax season. We respond to queries within one business day, provide guidance on financial decisions, help with HMRC correspondence, and support business growth initiatives. Our service includes regular check-ins to review your accounts and discuss any concerns or opportunities.

Trust & Compliance

Licensed Business

Data Protection Compliant

SSL/TLS Secured

Quality Guaranteed

Industry Standards Compliant

Professional Team

Our Client Success Stories

We have helped businesses across London streamline their finances and achieve compliance. Each project represents our commitment to delivering accurate, timely accounting solutions tailored to specific industry needs.

Fashion Boutique Accounting
View Project Details →
Retail

Fashion Boutique Chain

Implemented comprehensive bookkeeping system for a growing fashion retailer with three locations across London. We established inventory tracking, VAT compliance procedures, and monthly financial reporting that reduced administrative time by 40% while improving accuracy.

Learn More →
Software Startup Accounting
View Project Details →
Technology

Software Development Startup

Provided full-cycle financial management for a tech startup from incorporation through Series A funding. Our services included R&D tax credit claims worth £45,000, investor-ready financial statements, and cash flow forecasting that supported successful fundraising efforts.

Learn More →
Restaurant Group Accounting
View Project Details →
Hospitality

Independent Restaurant Group

Restructured financial operations for a restaurant group operating five venues in central London. We introduced weekly reporting dashboards, optimized supplier payment schedules, and identified cost savings of £28,000 annually through better expense management and VAT recovery.

Learn More →
Medical Practice Accounting
View Project Details →
Healthcare

Private Medical Practice

Managed complete accounting transition for a medical practice with 12 practitioners. Services included NHS payment reconciliation, private billing integration, payroll for 25 staff members, and CQC-compliant financial record keeping that passed regulatory inspection without issues.

Learn More →
E-commerce Business Accounting
View Project Details →
Retail

E-commerce Home Goods Store

Set up automated accounting workflows for an online retailer processing 500+ monthly transactions across multiple platforms. We integrated Amazon, eBay, and Shopify sales data, managed international VAT obligations, and created real-time profitability reports by product category.

Learn More →
Digital Agency Accounting
View Project Details →
Technology

Digital Marketing Agency

Delivered ongoing accounting support for a creative agency with 18 employees and freelance contractors. We streamlined project-based billing, implemented contractor payment systems compliant with IR35 regulations, and provided quarterly business reviews that informed strategic decisions.

Learn More →
Limited Time Offer

Spring Accounting Package

Take advantage of our comprehensive accounting service package designed specifically for growing businesses. This exclusive offer combines our most requested services at a reduced rate, helping you maintain accurate financial records while focusing on what matters most – running your business. Our experienced team will handle your bookkeeping, tax preparation, and quarterly reviews, ensuring compliance and providing insights for better decision-making.

25% OFF

Offer Valid Until:

29 May 2026

Complete Bookkeeping

Monthly reconciliation of all accounts, transaction categorization, and detailed financial reporting for clear visibility.

Tax Preparation Included

Full preparation and submission of your annual tax returns, ensuring accuracy and maximizing eligible deductions.

Quarterly Business Reviews

Regular analysis of your financial performance with actionable recommendations to improve profitability and cash flow.

Priority Support Access

Direct communication with your dedicated accountant via email and phone during business hours for urgent queries.

Compliance Guarantee

We ensure all submissions meet HMRC requirements and deadlines, protecting you from penalties and interest charges.

About Wiselivinghub

Wiselivinghub was established in 2015 by a group of chartered accountants who recognized a gap in the market for accessible, reliable accounting services tailored to small and medium-sized businesses across London. What began as a modest practice in Wimbledon has grown into a trusted partner for over 200 clients throughout the capital.

Wiselivinghub accounting team

Our Foundation

From our office on Elm Road, we serve businesses across various sectors including retail, hospitality, professional services, and technology startups. Our team of 12 qualified accountants brings together 85 years of combined experience in UK taxation, financial reporting, and business advisory.

We hold memberships with the Institute of Chartered Accountants in England and Wales (ICAEW) and maintain full professional indemnity insurance. Each year, we process over 1,500 tax returns and manage monthly bookkeeping for 180 active clients.

Financial planning consultation

Our Mission

We aim to remove the complexity from financial management. Many business owners find accounting overwhelming, so we provide clear explanations and practical guidance. Our role is to ensure compliance with HMRC regulations while helping clients understand their financial position.

We use cloud-based software including Xero, QuickBooks, and Sage, which allows real-time collaboration and reduces paperwork. This means you can access your financial data whenever needed, and we can respond quickly to queries.

Our Commitment: Every client receives a dedicated account manager who learns your business operations and financial goals. We respond to emails within 24 hours during business days and schedule quarterly reviews to discuss performance and planning.

Core Values

  • Accuracy: We maintain detailed records and conduct internal quality checks on all submissions before filing with HMRC or Companies House.
  • Transparency: Our fee structure is published upfront with no hidden charges. You receive itemized invoices showing exactly what services were provided.
  • Accessibility: We offer flexible appointment times including early morning and Saturday sessions to accommodate your schedule.
  • Continuous Learning: Our team completes 40 hours of annual professional development to stay current with tax legislation changes and accounting standards updates.

Our Track Record

Numbers that reflect our commitment to delivering reliable accounting services across London and the UK since 2018

6
Years Operating
established in 2018
340+
Active Clients
businesses we serve
420+
Projects Completed
since 2018
91%
Client Retention
long-term partnerships
98%
On-Time Delivery
punctual submissions
9
Qualified Accountants
certified professionals
£2.8M
Tax Savings
secured for clients in 2024
24h
Average Response
to client enquiries

Latest Insights

Stay informed with expert guidance on accounting practices, tax updates, and financial management strategies tailored for UK businesses.

Tax planning strategies
15 December 2024 6 min read

Year-End Tax Planning for Small Businesses

With the financial year drawing to a close, small business owners across London and the wider UK need to review their tax position. From maximising allowable deductions to timing capital expenditure, proper planning can reduce your tax liability significantly. Understanding pension contributions, dividend strategies, and Making Tax Digital requirements ensures compliance while optimising your financial position.

Read Article
VAT registration process
8 December 2024 5 min read

Navigating VAT Registration for Growing Companies

When your turnover approaches £85,000, VAT registration becomes mandatory. Many businesses in Manchester, Birmingham, and throughout England face this threshold without fully understanding the implications. This guide covers the registration process, choosing between standard and flat rate schemes, and managing your first VAT return. Early preparation prevents penalties and ensures smooth compliance with HMRC requirements.

Read Article

Disclaimer

The information provided on this website is offered "as is" and is accurate to our knowledge at the time of publication. Content, services, and pricing may be changed without prior notice. Wiselivinghub assumes no responsibility for the accuracy, completeness, or timeliness of information presented. We recommend verifying specific details with qualified professionals before making decisions.