Wellden Turnbull offers a wide portfolio of professional accountancy and business services in Surrey. We are an independent firm of chartered accountants, chartered tax advisors and statutory auditors with a wealth of experience offering complete accountancy and taxation solutions to a wide range of business clients and individuals.
In addition to accounting and auditing, we also provide valuable business support services to ensure all of the financial needs of your business are met. We have nearly 80 years’ professional accountancy experience at our disposal, as well as a wide scope of technical skills to meet the needs of modern businesses. We are experts in strategic business growth and we have helped numerous businesses to drive performance and increase profitability.
Your success relies on a team of accountants and business advisers you can trust. At Wellden Turnbull we pride ourselves on our insightful and intelligent accounting and business services. Our personalised accountancy and exceptional business support will keep your financial obligations in order and give you the tools and the confidence you need to grow your business.
Accounting and Bookkeeping Services
Essential accounting and bookkeeping services are a core competency of Wellden Turnbull’s experienced team. We can help with the preparation of annual accounts, maintaining VAT records and management accounts, software training and IT support, as well as all general bookkeeping services. Why not let us take the strain out of your accounting while you get on with the important job of running your business?
Our professional and seamless auditing service can help you to identify opportunities for business improvement. No audit is beyond our remit. Our partners have been trained to an exceptional level and have many years’ experience in auditing in a wide range of industries and businesses. Our team of auditors are polite, courteous and helpful and we always strive to maintain positive relationships.
Tax Advice, Tax Accounting and Tax Planning
As chartered tax advisors and statutory auditors, we are ideally placed to provide comprehensive corporate tax planning and advice to support your business strategy and growth. We are experts in tax compliance issues, we can liaise with HMRC and deal with any queries and investigations with the utmost professionalism and efficiency.
Business Planning and Advice
A business plan is an essential tool that no business should be without. Our expert impartial business planning advice will help you maximise your potential for growth and contribute to making your business a success story. We can help you prepare for difficult trading conditions, or help ease you through a change in your business focus. Our expert team will help you collate financial information and create a credible plan to put forward to investors. Whatever business planning advice you need, our experts are on hand to help you.
Business Start-Up Advice
Starting a business is an exciting time, but compliance with business regulations can be a minefield. Our business start-up experts can guide you with your initial plans to ensure all of the legal and financial requirements are adhered to. A business built on firm foundations has every chance of success.
Our experienced team of accountants and business advisers has the extensive knowledge of business finance and corporate funding required to help your business thrive. We can advise on everything business related from funding for business start-ups, hire purchases and leasing agreements, inbound investment and funding opportunities, to financial commitment adjustments.
Payroll is an essential but time-consuming requirement for most businesses. Why not let Wellden Turnbull handle your payroll services for you? Our team is highly experienced in simple and complex payrolls. We can support your business with regular payroll runs and reporting, online payslips and BACS payments, computerised payroll bureau, Real Time Information (RTI) and auto-enrolment pension requirements.
Mergers and Acquisitions
Our experts can offer the valuable advice you need for mergers and acquisitions. We can help guide you through the process to ensure every decision is made in the best interest of your company. We have extensive experience in business valuations, and we can help you to find buyers and to negotiate the sale. Throughout we will also work at minimising your tax exposure.
International Property Transactions
At Wellden Turnbull we have extensive international financial services expertise. We can offer help and advice to businesses wishing to establish a UK base, or overseas investors looking to maintain successful cross-border operations. We offer specialist advice on tax planning, banking and acquisitions, both for UK residents owning overseas property and non-UK residents owning UK property. We can also assess and advise to reduce double taxation, and ensure adherence to Non-Resident Landlord’s Scheme regulations.
VAT calculations are a common challenge for many businesses and misunderstanding the regulations can lead to incorrect calculations of VAT, resulting in an underpayment or overpayment. Wellden Turnbull can help set up your accounting system correctly for VAT information to ensure accurate reporting and returns, or our professionals can complete your VAT return for you.
How much does an accountant cost?
The cost of an accountant depends entirely on what you need an us to do. The costs for general accounting for a small business or the charge for an annual self-assessment tax return can often be paid for in a one-off fee, once the work has been done. Our fees are based on how long we think each job will take, and what level of staffing is required.
What does an accountant do?
As accountants, we can take care of a wide range of tasks relating to the financial operation of a business. This can relate to day-to-day services such as bookkeeping and payroll, but can also extend out to a much broader variety of options including business planning and tax issues.
Is having an accountant a legal requirement for my business?
No, it is not a legal requirement to have an accountant for your business, if you feel that you can manage all of the accounting work yourself. However, many businesses find that, as they grow, they need accountants to manage this for them. As the volume of work goes up, so does the complexity of the accounting.
What are the benefits of an accountant?
An accountant takes away the stress of dealing with the everyday financial matters that pertain to a business. Rather than spending all of your time trying to get your head around payroll or filling out a tax return, it can be better to let accounting professionals do it for you. This leaves you free to focus on work that will bring more value to your business.
Do I need a chartered accountant?
Chartered accountants can offer a broader range of services than standard accountants. While all accountants can conduct general accounting work for individuals and businesses, chartered accountants are additionally qualified to provide economic advice and guidance including tax planning.
How much does it cost for an accountant to do a tax return in the UK?
Typically, accountants charge a one-off fee for self-assessment tax returns. This fee will depend on the size and scope of the tax return. Generally, the higher your income and the more sources of income that you have, the more complex your tax return will be – and therefore the cost will be higher.
Is it easy to change accountants?
Yes, it is very easy to make the change from one accountant to another. It might be the case that your business has been with your current accountants for a very long time – but if you are no longer getting the value you need from them, we would be happy to provide you with a better alternative.
You can either let your current accountants know that you are moving on, or you can provide us with their details and we can advise them that we are taking over your accounting work.
Do I need to register for VAT?
The current threshold at which you need to be VAT registered occurs when your business sales go above £85,000. However, you may wish to register for VAT even if you are below this threshold. Give us a call on 01932 868444.