Accountant in Farnham GU9-GU10 | Your Tax Help Accountants

Accountant in Farnham

Tax & Accounting for Farnham Businesses

Farnham GU9-GU10 is an affluent, historic Georgian town in the far west of Surrey near the Hampshire border, known for its handsome town centre, its strong independent retail and craft economy, and a notable creative and arts community (the University for the Creative Arts is here). The town attracts professionals, high earners and families for its character, schools and rail links into Waterloo, and has a prosperous small-business community and an affluent landlord market built around its desirable period housing.

That gives Farnham a particular accounting profile. The town-centre independents and craft businesses need retail and hospitality bookkeeping with the right VAT treatment. Professionals and high earners need self-assessment, bonus and investment income handling. The creative and arts community needs self-employed and Ltd company structures with industry expenses. Family businesses need succession planning. And the affluent landlord community faces substantial CGT and Section 24 restrictions. We work with Farnham clients entirely online, with fixed monthly fees.

💡 As an HMRC-registered agent we deal directly with HMRC on your behalf, so you never have to spend hours on hold or navigate their website yourself.

What We Do

Full-Range Tax & Accounting for Farnham

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Self-Assessment Tax Returns

Full SA100 for self-employed, landlords and individuals. Filed direct to HMRC, same day if urgent.

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CIS Compliance

Complete CIS for contractors and subcontractors. Monthly returns, deduction statements, refund claims.

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Limited Company Accounts

Year-end statutory accounts, Corporation Tax returns, and director self-assessment. All filed on time.

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Landlord Tax Advice

Rental income reporting, capital gains planning, Making Tax Digital, and allowable expense guidance.

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VAT Returns

MTD-compliant VAT submissions and ongoing bookkeeping to keep records clean and cash flow transparent.

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Payroll Services

Monthly payroll processing, RTI submissions to HMRC, and auto-enrolment pension administration.

Client Story

How we structured a Farnham creative business's move to a company — £7,200 saving

Client M runs a Farnham-based design and craft business — selling original work, commissions and running workshops — whose income had grown past £62,000. She was operating as a sole trader, paying higher-rate income tax plus Class 4 NIC, and hadn't considered whether a company would save tax, how to treat the workshop income, or how to make tax-efficient pension provision.

We modelled sole trader versus Ltd company for her profit and recommended incorporation. We set up the company, structured her remuneration as salary plus dividends, set up an employer pension contribution as a tax-efficient extraction, claimed capital allowances on her equipment, and made sure all her expenses (studio, materials, workshop costs, travel, professional development) were captured.

Total outcome: annual tax saving of £7,200 through incorporation, capital allowances and proper remuneration structuring, plus tax-efficient pension provision via the company and limited liability, with simple cloud bookkeeping set up for the new company.

Common Questions

Frequently Asked Questions

I'm a Farnham creative or craftsperson. Sole trader or Ltd company?

Depends on your profit. Above £40,000-£50,000 a Ltd company typically saves £2,500-£5,000+ a year through salary-plus-dividend structuring, plus limited liability, capital allowances on equipment and tax-efficient pension contributions. Below £30,000, sole trader is usually simpler. We'll model both and handle incorporation if it's right.

Do I need to be local to use you as my Farnham accountant?

No — we work with Farnham clients entirely online, by phone, email, video call and secure document exchange. You get the same depth of understanding and personal service without needing to visit an office.

I run a Farnham town-centre shop or craft business. What VAT applies?

Most goods are standard-rated; some items (certain foods, books, children's items) are zero-rated. For a craft or retail business we set up your till to capture the right rates and handle VAT registration and returns once you reach the £90,000 threshold. If you buy second-hand stock from private sellers, the VAT Margin Scheme may save you money — we'll advise.

I run Farnham workshops and sell my own work. How is that income taxed?

All of it is self-employment (or company) trading income — workshop fees, sales, commissions. You claim the related expenses (materials, studio, equipment with capital allowances, marketing, travel). We handle the return and advise on the right structure as the income grows.

I'm a Farnham high earner with a bonus. How do I manage the tax?

Income above £100,000 hits the 60% effective rate from the personal allowance taper; above £125,140 the additional rate. Pension contributions reduce adjusted net income and recover the allowance; Gift Aid extends the basic-rate band; timing of share vesting helps. We model the options before the bonus is paid.

Should I make pension contributions from my Farnham company?

Usually yes — employer pension contributions to your SIPP are tax-deductible for the company, not taxable on you at receipt, and grow tax-free up to the £60,000 annual allowance. For owner-directors it's often the most efficient way to extract profit. We'll set it up.

I'm a Farnham landlord. What can I claim against rental income?

Repairs and maintenance, letting agent fees, landlord insurance, ground rent and service charges if leasehold, gas and electrical safety certification, mortgage interest (with the Section 24 restriction), and Replacement of Domestic Items relief on furniture. We capture everything and file your self-assessment.

How do I get started?

Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Farnham clients fully online and we're experienced with creatives, the town-centre independents, high earners and the GU community.

Accountant in Farnham for Small Businesses