
Accountants, Tax and Business Advisers
Welcome to Mercian Accountants – Your Trusted Partners in Financial Growth
At Mercian Accountants, we pride ourselves on delivering tailored accounting solutions that cater to the unique needs of businesses of every scale. Our expertise extends from meticulous bookkeeping to strategic tax planning, all designed to propel your financial aspirations and business growth.
As a distinguished UK accounting firm, we are dedicated to serving clients across the UK and internationally, including individuals and businesses. Our comprehensive services include bookkeeping, tax planning, cutting-edge cloud accounting, payroll management, wills and probate services, and more, ensuring a one-stop solution for all your financial needs.
Our commitment goes beyond just providing services. We are your guides and supporters in the financial landscape, offering solutions and the peace of mind and assurance that comes with knowing your financial matters are in expert hands. Staying abreast of the latest technical and legislative changes, we ensure our approach continually adapts to meet the evolving needs of businesses and private individuals.
Join us at Mercian Accountants, where your financial success and aspirations are our top priority.
Google Reviews
See what our clients say about us in their own words. Here are a few of the most recent ones, and you can see many more on our Google Reviews page.
Stricter Crypto Regulation and Reporting Requirements
The Government is contemplating significant changes to how crypto assets are regulated following a series of market disruptions, including the collapse of FTX, one of the world’s largest crypto exchanges. The Treasury is currently consulting on the best approach to regulate a wide range of crypto asset activities, intending to provide more safeguards, operational risk…
Online Sellers Targeted by HMRC for Unpaid Taxes on Internet Sales
HMRC has information on thousands of online sellers who have failed to pay tax on sales made over the Internet. Sellers on platforms such as eBay, Etsy, and Facebook Marketplace are among those who have received nudge letters from HMRC containing details about their potential tax liability. The campaign began in January and has seen…
Inheritance Tax: Safeguarding Your Family’s Financial Future As Receipts Reach New Record
Inheritance tax (IHT) receipts have hit an all-time high in the previous financial year, suggesting that the tax has become a “mainstream tax on ordinary people.” According to new data from HMRC, the total take for 2022-2023 reached £7.1 billion, surpassing the previous record of £6.1 billion set last year by £1 billion. The tax…
Pedal Your Way to Tax Savings: The Cycle to Work Scheme for Limited Companies
The ‘Cycle to Work’ scheme is an annual tax exemption allowing businesses to loan employees bicycles and cycle safety equipment as a tax-free benefit. The scheme has positively impacted workplace health and motivation and encouraged people to engage in physical activity. But is this scheme suitable for limited companies? Directors The ‘Cycle to Work’ tax…
Changes to Termination Payment Taxation for Employers
Mercian Accountants wants to remind UK employers of several changes to the tax treatment of termination payments. Over the past five years, the rules for income tax and National Insurance contributions (NIC) have been aligned, foreign service relief on termination payments to UK resident individuals has been removed, and clarification has been made that the…
Bounce Back Loan Fraud: Hundreds of Directors Disqualified
Over the past year, the Insolvency Service has taken action against more than 450 directors for fraudulently taking advantage of the Bounce Back Loan scheme and other Covid support programmes. Despite these efforts, some argue that these measures may not address the issue fully. During the 2022/23 financial year, the Insolvency Service reported a total…
Mastering the Art of Tax Efficiency: Director’s Salary and Dividend Strategies for 2023/24
Stay Ahead with Tax-Efficient Strategies With no further changes announced in the 2023 Spring Budget, it’s time to explore the most tax-efficient director’s salary and dividend strategies for 2023/24. This guide will provide an overview of the key tax rates and allowances and offer insights on maximising your post-tax income. 2023/24 Tax Landscape: Rates and…
HMRC Basis Period Reform for Sole Traders & Partnerships
Mandatory basis period reforms have been announced by HMRC for unincorporated businesses, including sole traders, irrespective of their involvement with Making Tax Digital (MTD). This article delves into the details of these reforms and how sole traders and partnerships need to adapt. Starting from the 2024/25 tax year, affected businesses must use the tax year…
Preparing for Your 2023/24 Tax Return
As the new tax year has commenced, we at Mercian Accountants would like to offer you some advice on managing your self-assessment tax returns. By staying informed of the upcoming tax deadlines and understanding the nuances of the process, you can be better prepared for your tax responsibilities and avoid any last-minute stress. When to…
What We Offer
Bespoke, professional service
Mercian offers a personal and bespoke service, providing solutions that are tailored to each client.
A modern approach
At Mercian we embrace technological advances.
We use the latest tax and accountancy software and provide you with online access to your information at any time.
No-fuss fixed fees
High-quality advice doesn’t have to come with a high price tag attached. Value for money is at the heart of what we do, and with our fixed fees there are no nasty surprises.
Ready to Build Your Financial Future? Connect with Us Today!
Start on the path to financial clarity and success with Mercian Accountants. Whether you're looking to streamline your business finances, optimise tax strategies, or need expert guidance through complex financial landscapes, our team is here to assist.
Contact us now to schedule a consultation and discover how we can tailor our accounting expertise to your unique needs. Let's work together to turn your financial goals into reality.
0300 223 6441 |
hello@mercianaccountants.co.uk
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Your financial success story starts here. Reach out to Mercian Accountants – where every client is a priority, and every challenge is an opportunity.
