Your Reliable Partner
Faal: Startup-Friendly Accounting in the UK
We know launching a business comes with tight budgets. That’s why our startup-friendly accounting services give you expert support at prices that make sense—so you can grow with confidence.
Specialized in Upto Date Softwares
Trustable Accounting Help
Accounting Fit for Startups at Affordable Price
Limited Companies (Startups)
- Perfect for growing businesses with limited liability protection.
- Corporation Tax Done Right: – We help minimise your tax liability with deductions and allowances.
- Simple Year-End Accounts: – We prepare your year-end reports quickly and accurately.
- Payroll Made Easy: – Handle your team’s wages, pensions, and HMRC filings seamlessly
Partnerships (Startup Teams)
- Perfect for startup businesses with multiple partners.
- Shared Bookkeeping Sorted: – Track joint income, split costs fairly, and avoid partner disputes.
- Tax Compliance: – We handle the tax filings, ensuring all partners are on the same page with HMRC.
- Ontime Invoices: – We’ll chase overdue payments to ensure your partnership stays financially healthy.
Sole Traders/Individual Startups
- Perfect for solo entrepreneurs, freelancers, and self-employed businesses.
- All-in-One Bookkeeping: – From receipts to taxes, we’ve got your solo hustle covered.
- Simplified Taxes: – We ensure you’re filing correctly and claim all possible deductions to keep your tax bill low.
- Avoid Payment Woes: – Easily track payments owed to you, send reminders, and keep your cash flow steady.
Our Simple, Affordable Accounting
Built for Startups Like Yours
Income and Expense Tracking
From £40 £35 per month
- Record and organise daily payments
- Maintain financial statements.
- Reconcile bank statements.
- Track business expenses and income.
- Prepare records for tax filing.
Compliance and Tax Filing
From £80 £75 per month
- Calculate and minimise tax liabilities
- Ensure timely tax return submissions
- Identify eligible deductions and reliefs
- Handle HMRC compliance
- Plan for upcoming tax obligations
Cash Flow & Budgeting Assistance
From £60 £55 per month
- Monitor cash flow trends
- Create realistic business budgets
- Forecast future financial needs
- Identify cost-saving opportunities
- Ensure financial stability for growth
Payroll Management
From £60 £50 per month
- Process employee salaries and wages
- Calculate tax and pension deductions
- Generate payslips and reports
- Ensure PAYE and NI compliance
- Manage year-end payroll reporting
VAT Registration & Filing
From £80 £70 per month
- Register your business for VAT
- Prepare and file VAT returns
- Ensure compliance with VAT regulations
- Advise on VAT schemes
- Handle VAT-related queries with HMRC
Year-End Reporting
From £150 £100 per month
- Prepare profit & loss statements
- Generate balance sheets
- Finalise year-end financial reports
- Ensure accounts are HMRC-ready
- Provide insights for future planning
Reliable Accounting Services Without Breaking the Bank
Hear From Our Satisfied Clients
Save Big with Us
£30 Help For Your Startup
- Gain clear insights from accurate reports.
- Automate reminders for outstanding invoices.
- Ensure reliable and correct bookkeeping
- Get the right financial support for growth.
- Track every pound spent and earned.
- Stay on top of tax deadlines with ease.
- Keep your financial records in order.
- Save more with proper tax deductions.
We know how hard it is to balance startup growth and managing finances. Let us take care of your taxes while you build your business.
4 Crucial Things for Startups Before You Register
- Pick the Right Structure: Choose between sole trader, limited company, or partnership. Each has different tax implications and responsibilities.
- Know Your Tax Obligations: Be clear on taxes you'll owe based on your business type, including VAT, corporation tax, and self-assessment.
- Set Up Your Finances Early: Set up a business bank account and create a budget. This helps manage cash flow and keeps finances organised.
- Check Licensing Requirements: Ensure you meet any industry-specific permits or licensing needs before registering to avoid legal issues.
- Starting your business alone can be overwhelming. Our expert accountants will help you with company setup and tax filings so you’re always on track.
Start Your Journey with Us in 3 Steps at £30 Only.
Ready to Grow? Let Us Handle Your Finances For a Stronger Tomorrow!
FAQs
Startups can claim deductions for business expenses like office supplies, software, marketing, and travel costs. Keep all receipts for accurate claims.
Startups must register for VAT once their taxable turnover exceeds £90,000. You can register online with HMRC once this threshold is hit.
Regularly track income and expenses, set aside funds for taxes, and create a budget to predict and manage cash flow efficiently.
Startups working with contractors must understand IR35 rules. If inside IR35, contractors are taxed like employees, potentially increasing costs.
Depreciation allows startups to deduct the cost of equipment over time, reducing taxable income and lowering your overall tax liability.
Keep records of all income, expenses, invoices, and receipts. HMRC may require them for up to 5 years after your business’s tax return.
Most startups must submit tax returns by January 31 for the previous financial year. Ensure you know your company’s deadlines to avoid penalties.
For Startups
Initial Exploration Form
Contacting us is easy, just fill out the form, and our representativewill contact you for the details related to the services you need.