Chester
Tax specialists and business advisers
Our current Chester office brought together our Mold and Chester businesses and now houses a large team of accountants, tax specialists. Perfect for our clients in Chester, and also for those on the Wirral, across to Liverpool, into North Wales, and beyond.
Suite 1, First Floor
Coachworks Arcade Northgate Street, Chester
CH1 2EY
01244 401010
The Chester team
Accounting Advice for Small Businesses and Individuals
Here are some questions that we find ourselves asking when we start conversations with businesses owners and some of the advice we can offer.
Do you know where to start when setting up your business?
Starting a business can feel overwhelming. It’s vital that you get the basics right from the beginning. From choosing right business structure (sole trader, partnership, or limited company), registering with HMRC, and setting up proper bookkeeping to keep track of your business finances. We can guide you through the process, ensuring you’re set up for success from the start.
Are you using the right software for your business?
It’s not always something that people think about at the start of their business journey, but having the right accounting software in place for your business is key to its smooth operation. The correct software will save time, improve accuracy, and give better financial insights. Our team are experienced in using a variety of packages including Xero, QuickBooks, and Sage.
We can advise you on the best option for your business. At bennettbrooks, we help businesses select and set up the best software, ensuring it integrates smoothly and supports their growth. If you’re unsure whether your current software is the best fit for your company, contact us and we can review it and share our thoughts.
Do you own a rental property? Are you making the most of the Tax Reliefs available?
If you own a rental property, you already know there are tax obligations. Ther are also valuable deductions you can claim. Understanding these can help reduce your tax bill.
Our experts help landlords navigate tax rules, ensuring they claim the expenses they are entitled to whilst staying compliant with HMRC regulations. If you’re unsure whether you’re making the most of available reliefs, we’re here to help.
Do you know all your filing deadlines?
Meeting filing deadlines is essential to avoid penalties and stress. These include self-assessment tax returns, VAT submissions, payroll reporting, or your annual accounts. These all have their own deadline. Missing these can lead to fines and penalties. We help businesses stay compliant by managing key dates and deadlines and ensuring everything is filed on time.
Are you planning on selling your business?
This might not be something for right now, or even something you have thought about for the future, preparing early can help you maximise its value when the time comes to sell. At bennettbrooks, we guide business owners through the sale process, helping to improve profitability, structure the deal efficiently, and minimise tax liabilities.
Are you selling a residential rental property? Do you need help with 60 day Capital Gains Tax return?
If you sell a residential rental property, you may need to pay Capital Gains Tax (CGT) on the profit. This needs to be reported within 60 days of the sale. This can be a complicated process as it involves a variety of calculations and exemptions. We can assist with filing of your CGT return on time, including the compliance and minimise any tax liabilities.
Free Accounting Advice for you and your business
Join us for FREE drop-in sessions at our Chester office, where you can speak with one of our expert accountants about any business related query. Whether you have questions about tax, bookkeeping, or business growth, we’re here to help.
When: First Tuesday of every month.
Time: 9:00am to 12:00 pm
Where: bennettbrooks, Chester Office
No appointment needed but if you’d like to make one call us on 01244 401010 or fill in the form below.
