Welcome to Phillips & Co Chartered Certified Accountants
Small Business Accountants in Chester
01244 220 062
Call us to arrange a free, no-obligation consultation
Who Are We?
With over 40 years experience in helping small businesses grow, we have the expertise to help your business thrive. Phillips & Co Chartered Certified Accountants Chester are a friendly and proactive firm of small business accountants with clients in Chester, Wirral, Oswestry and beyond. We understand the importance of communicating with clients because we know that no two businesses are the same and we use our experience to tailor our services to each individual client. We will help you be as tax efficient as possible and get the most out of your business. Let us help you through the minefield of one of the worlds most complex tax systems.
Request a Quote
Please fill in the form below for a no-obligation quotation.
What Our Clients Say
"I can't recommend Terry and the rest of the team enough for everything they have done for myself and my business."
Jason Howard Photography Ltd
"Phillips & Co have helped me with all aspects of my business and go the extra mile to make sure I’m on track."
Kate Jones - Advanced Driving Instructor
"Phillips & Co Chester are very approachable and always answer any questions I have quickly and comprehensively."
Gem Racing Limited
"They have been prompt, clear and polite and have helped make sense of what at times can be very confusing."
MZB Property Limited
"They have provided the most valuable, accurate and timely information of any accountants I have worked with."
"Phillips & Co Chester have done so much for our company and I couldn’t be happier with the service they provide."
Happy Hounds Pet Care Ltd
We can prepare statutory accounts in micro entity and full disclosure formats. We can also prepare monthly, quarterly or half-yearly management accounts.
From tax compliance to planning our expertise will help you be as tax efficient as possible and determine the most effective tax structure for your business.
Good planning is essential. We can map out the business plan you need to raise funds, improve management information, plan resources and evaluate projects.
Chancellor hints that Inheritance tax could be scrapped
Chancellor Sajid Javid has hinted that the government may scrap inheritance tax (IHT).
Inheritance tax is levied on a person's estate when they die (40% where chargeable) as well as certain gifts made during an individual's lifetime (20% where chargeable). For the tax year 2019/20, the first £325,000 chargeable to IHT is within the nil-rate band and chargeable at 0%.
120,000 VAT-registered businesses miss first MTD for VAT deadline
According to HMRC, 120,000 VAT-registered businesses have failed to meet the 7 August deadline for signing up for Making Tax Digital (MTD) for VAT. HMRC have in response sent out reminder letters urging them to do so before next month, but will not be issuing fines or penalties at present.
British public have poor understanding of the UK tax system
A survey commissioned by accountancy firm Deloitte has found that the British public have a poor understanding of the UK tax system and personal tax issues.
When does Inheritance Tax become payable?
When does Inheritance tax become payable? Inheritance tax may be payable on a deceased person's estate on the amount above a specified threshold. Currently that threshold is £325,000 and the standard Inheritance Tax rate is 40%.
01244 220 062
Call us to arrange a free, no-obligation consultation.