Welcome to THP ChelmsfordChartered AccountantsAreas Covered Include: Chelmsford, Braintree, Billericay, Brentwood, Witham, Maldon, Dunmow, Wickford, Basildon, Ongar
THP Chelmsford Office
If you live in Chelmsford or have paid it a visit recently, you will notice that over the last few years it has changed beyond all recognition. In 2012 Chelmsford was finally awarded “city” status and since then it seems determined to prove that its promotion was well deserved.
We now have a state of the art John Lewis department store surrounded by smart, modern retail units occupied by many well-known brands. The “Everyman” cinema is also worth a mention being one of those new small intimate jobbies with sofas. There are also some nice eateries such as Bills and Cote Brasserie for you to sample whilst you are here.
Our offices at THP Chelmsford are now a very pleasant place to come to as well, with free parking available outside. Full location details and how to find us are at the bottom of this page.
The professional accounts and bookkeeping team at Chelmsford is the go-to place for advice on Cloud based accounting. Our team know all the ins and outs about the most popular cloud accounting packages such as Xero and Freeagent and will not only be able to tell you which is best for you but also help you set it all up.
Whether you’re looking for a personal, corporate or small business accountant, our enthusiastic Chelmsford team can provide all the services you need including:-
- Annual accounts
- Tax planning
- Self-Assessment Tax Returns
- VAT returns and advice
- Cloud bookkeeping and management accounts
- Legal Services including legacy planning
Basically, we can help with all your business accounting, personal wealth and tax requirements.
And because we’re a UK Top 100 accountancy firm, we can draw on our network of branches for any additional expertise you may require.
Our team at Chelmsford city serve businesses and individuals located all across Essex.
Why not contact us today to arrange a free, no-obligation consultation?
Frequently Asked Questions
What is your approach to Chartered Accountancy?
THP stands for Timely Turnaround, Highly Transparent and People before Computers.
You can read all about this and what makes THP different from other Chartered Accountants here.
What services do you offer?
Whether it be cloud bookkeeping and accounting, shareholder agreements, tax planning, auditing or just general business advice there’s always someone at THP who’s seen it before. We can often handle the associated legals ourselves as well.
Do you offer free consultations at THP?
Yes! At THP we much prefer to meet you face to face and listen to your problems and learn about your individual circumstances. That’s what the P in THP stands for!
After that first free meeting of up to an hour we will tell you what we can do to help you and what it will cost. You can then decide whether you would like to proceed but our friendly team will not pressure you in any way.
Are your fees competitive?
Yes. We frequently benchmark our prices against those of other accountancy firms in the local area to ensure that we remain extremely competitive.
"I like dealing with people and making sure that they are receiving a personal service, tailored for their needs. I am happy to advise clients on the issues they have and also be proactive when I spot areas with room for improvement or an opportunity that will help their businesses go forward."
Our Key Services
Your accounts – let’s make them work for you
These days, it’s easier than ever to keep on top of your accounts. But that’s not the whole story.
It’s true that cloud accounting software makes accurate record keeping simple. At the click of a button or the press of a screen, you can issue invoices and purchase orders, tot up your expenditure or enter receipts just by scanning them.
Yet, having accurate figures is one thing. Knowing what to do with them is another.
This is where THP’s friendly and expert accountants come in. When we take care of your accounts, we can do a whole lot more than making sure the sums add up.
What we also do is help make your accounts work for you. As your accountants, these are just some of the ways we can use our knowledge and experience to help you:
- Make sure you’re making full use of tax breaks – including those you might not know about
- Ensure you’re on the right VAT scheme – to optimise your income and cashflow
- Produce monthly management accounts – so you can make business decisions based on accurate data
- Take care of your tax returns – whether for Income Tax, VAT, CIS or Corporation Tax
- Find new ways to help you thrive – we can help you with everything from R&D tax breaks to unclaimed capital allowances.
At THP, we believe that a good accountant does much more than make sure your accounts are correctly entered into your software. We believe that your accounts are the source of opportunities – whether to save tax, secure funding, improve cash flow or other business goals that are important to you.
So why not put your accounts to work? Get in touch with our helpful team of accountants today to get started.
Tax planning services for businesses and individuals
The best way to pay less tax is to plan ahead. And with the right tax planning services and advice from THP, you could keep more of your money to enjoy, invest, save or pass on.
Whether you need tax planning services for your business or your own finances, it’s important to take the long view. With the government cracking down on tax loopholes, the opportunities for saving tax require a more careful and considered approach.
Our Tax Planning Team makes sure you’re not exposed to risk. Instead, what you get is sound tax advice that is based on your individual circumstances and is compliant with both the letter and the spirit of the law.
Read on to learn more about our personal and business tax planning services, or get in touch now for an informal discussion.
VAT Returns & Services
With the right advice and a bit of careful planning, you can not only make sure your VAT returns are submitted like clockwork, but your business can enjoy other benefits too. At THP, we can help you decide whether to register your business for VAT, offer you helpful VAT advice, and can complete and submit accurate VAT returns on time, every time.
We’re often asked whether a business has to register for VAT.
At the simplest level, if your VAT taxable turnover is £85,000 or more, then you have to!
If your turnover is less than that, you can register voluntarily. It sounds odd to register for a tax if you don’t need to, but there are two good reasons you might do this:
- You could save money. If you pay out more VAT than you charge, the taxman actually pays you!
- Your business has more credibility. Larger clients and customers will often only deal with VAT-registered businesses.
Every business is different, so VAT registration isn’t for everyone. Our expert VAT accountants are happy to advise on the best route for you.
Did you know the Capital Gains Tax (CGT) rules changed in April 2020?
If you sell a property – and it’s not your main home – you normally have to pay Capital Gains Tax on any gain you make. Before April, you would have had up to 22 months from the sale date to calculate, report and pay CGT to the taxman.
The new system is much more stressful. You now have to complete a CGT return and pay over the tax within 30 days. If you don’t, you could get hit with both penalties and interest.
Because HMRC wants you to pay quickly, it gives you precious little time to deal with the complex paperwork, let alone explore legitimate ways of reducing your tax bill.
But don’t worry – THP can help. We’ve created a new, super-fast CGT on Residential Property Service that not only makes sure you avoid penalties but can also help you cut your tax bill.
Read on to find out how our three-tier Capital Gains Tax, UK Property Service works, or request a call back to learn more.