Accountants in Waterlooville | Tax & Bookkeeping Specialists
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VW Taxation Ltd

Accountants Waterlooville

Welcome to VW Taxation, the self-employed tax specialists. We provide professional tax advice and accounting services to limited companies, partnerships, contractors, sole traders and landlords in Waterlooville.

Small Business Tax Accountants Waterlooville PO7

Hello to you in Waterlooville. Welcome to VW Taxation. We’re a Cosham-based team with a simple aim in life – to help our clients thrive through the efficient handling of their finances. We assist small to medium-sized businesses and the self-employed across Hampshire and parts of West Sussex and are ideally located for the market town of Waterlooville.

We assist our Waterlooville clients, especially those in the construction trade, with everything from CIS tax returns and emergency tax help to VAT accounting and their end of year accounts. As a fellow business in the Portsmouth area, we know the town of Waterlooville well and have in-depth knowledge of the local construction industry and all applicable tax regulations. We’d love to talk to you.

Who We Help in Waterlooville

Limited Company Accountants

There are many benefits in setting up as a limited company, not least the tax efficiencies. That said, preparing and completing a Corporation Tax Return can be stressful and time-consuming when you are caught up with the day-to-day running of your business. We can help take the strain by preparing your accounts with meticulous care and submitting them to both HMRC and Companies House on your behalf.

Tax legislation is riddled with jargon, which we will help you to understand in order to make the most of your personal income. For example, we will help you to identify tax-deductible costs and reliefs to reduce your tax bill. We can also provide advice on making the most of the tax-free Dividend Allowance so you can decide whether it is a more efficient source of income than a personal salary.

Accountants for Self-employed & Sole Traders

Working for yourself is as challenging as it is rewarding, and for many sole traders there just aren’t enough hours in the day. The pressure of keeping accurate accounts and submitting an annual tax return is often a source of stress, especially if you don’t have previous accounting experience.
We can offer you valuable tax advice and accountancy services to relieve the burden and let you get on with what you do best. We will help you to understand your tax liability and demystify the jargon around Self-Assessment to ensure that you are fully compliant. When it comes to completing and filing your personal tax return, our accountants will help you to identify your allowable expenses and accurately calculate the tax you owe to make the most of your income and avoid penalties.

Partnership Accountants

If you are in a business partnership, you have shared liability and are responsible for filing your own partnership tax return. You are also required to file a personal tax return and declare any profits from your partnership, from which tax and National Insurance will be deducted. Needless to say, it can get a little confusing and eat up valuable time.
Our team of specialist accountants are here to ensure that your partnership tax affairs are expertly managed. We will help to prepare and submit your partnership and personal tax returns to HMRC so that you are fully compliant and fulfil your legal responsibilities as a partner.

Accountants for Contractors

As a contractor, we understand that you need to focus on the job at hand as well as where the next one is coming from, so you have little time to dedicate to tax and accounting. We’re here to provide you with accounting support and tax advice to ensure that you pay what you owe on time, and retain as much of your income as possible.
Our specialist tax accountants can help you manage your invoicing, bookkeeping, expenses and tax returns to make your life easier and allow you to focus on your career. We can also help decipher the jargon of IR35 legislation and advise whether it applies to you. If you are thinking of setting up as a limited company, we can take you through the pros and cons and guide you through the transition process.

Accountants for Landlords

At VW Taxation, we understand the particular challenges that landlords face when managing their finances. We help landlords throughout Waterlooville, to understand their tax position, streamline their accounting system, file Self-Assessment tax returns and prepare annual accounts.

We’re also focused on helping landlords to maximise their rental income, by identifying allowable expenses and finding other valuable tax deductions. When you entrust your landlord accounting to us, you can enjoy complete peace of mind as you continue to serve your tenants and grow your property portfolio.

Our Accounting and Tax Services for Businesses in Waterlooville

General Bookkeeping

Good bookkeeping is essential to provide financial clarity and inform your business decisions. A set of accurate accounts also helps to ensure tax compliance and will ease the burden of your end-of-year tax return. We can provide training to bring your bookkeeping up to scratch, or alternatively, we’re happy to take it on for you, allowing you to concentrate on running and growing your business.

CIS Specialists

While there are many benefits of registering under the Construction Industry Scheme (CIS), it is a complicated process, to say the least. Completing your tax return and working out what refunds you are entitled to can be a bit of an ordeal. VW Taxation specialises in CIS with years of experience under our belts. We can take the burden of tax off your shoulders, allowing you to focus on what you do best without the worry of ending up out of pocket.

CIS Tax Return Services

Frequently, CIS deductions do not get properly logged and filed, costing construction workers higher returns on a tax refund in the process. We will ensure your records are watertight and will take on the complex process of your tax return, saving you valuable time. See our CIS Tax Return Services page for details.

CIS Tax Refunds

For those registered under CIS, overpayment of tax during the year is almost always inevitable. We can help you get back exactly what you are owed by working out the eligible expenses you have accumulated throughout the tax year. See our CIS Refunds page for details.

CIS Limited Companies

If CIS is simply not working for you, then becoming a CIS limited company can be a much more efficient and lucrative option. We can help you make the transition, in order to maximise your well-earned income. See our CIS Limited Company page for details.

Companies House Accounting Services

Running a business is already a monumental undertaking, and the extra strain of filing a Corporation Tax Return can be daunting. VW Taxation can help to relieve some of the work, making sure your statutory accounts are meticulous, accurate and submitted on time to both Companies House and HMRC. That way, you can focus on your business, safe in the knowledge that your tax is being expertly handled and that you won’t incur any unwelcome penalties.

Personal Tax Returns (Self-Assessment)

We have the utmost respect for the UK tax system, but it is undeniably complicated. As a sole trader, partner, company director or property owner, you are responsible for declaring your taxable earnings (and losses) to HMRC, and there are serious penalties for avoidance, late submission and miscalculations. As your specialist tax accountant, our team can help you to correctly calculate your liability and ensure that your tax return is completed and filed in good time. We will also ensure that you make the correct deductions and apply reliefs that you might be eligible for, to reduce the amount of tax you pay.

Emergency Tax Help

A “job for life” is an increasingly rare thing and workers change careers much more frequently than in the past. Unfortunately, HMRC cannot always keep up with your work status which can lead to a change of tax code, known as emergency tax. Since this can mean the loss of potential savings and deductions on your tax return, it is beneficial to seek out the guidance of professional emergency tax accountants such as VW Taxation.

VAT Accountancy Services

If you operate a business that provides taxable goods to consumers, you will have to pay a VAT tax rate on all goods over a threshold of £85,000. As your tax accountants, we will make sure that you choose the right VAT scheme for your business, take care of VAT registration procedures and ensure you pay the correct amount to HMRC. What’s more, can offer advice on claiming back VAT on our accountancy services. See our VAT accountancy page for more details.

Tax Rebates

For certain professions, such as healthcare, mechanics and teaching, tax reliefs exist on certain expenses meaning that you may be entitled to a tax refund. The details can be hard to grapple with and many go out of pocket as they’re unaware of what is owed to them, or they’re simply too busy to go through the hassle of a tax rebate. We can provide valuable advice on what reliefs are available to you in your profession and take care of applying for a well-earned tax rebate on your behalf.

Why Use A Tax Accountant?

As a small business, we know how crucial it is to keep your budget down. However, when it comes your financial security, an investment in professional accountancy services will help you to manage your business more efficiently and build for the future.

Get back valuable time

Utilising the services of professional tax accountants takes the pressure off of you and gives you back time to run your business at a more manageable pace.


As a small business owner, it is essential that you understand your legal and tax liability to avoid being penalised by HMRC. By using a professional tax accountant, your statutory or personal tax return will be managed with expert care so you no longer have to worry.

Maximise your income

A good tax accountant, like VW Taxation, will not only ensure you are tax compliant and help manage your accounts, they will actively seek ways to reduce your tax bill and maximise your earnings.

Peace of mind

Tax can be a worrying subject for many small business owners, which is little wonder considering the amount of jargon around tax legislation. Your tax accountants will help to simplify the process for you giving you the reassurance that nothing is overlooked.

Grow your business with confidence

It is hard to plan for the future when you are bogged down in the present, and struggling to get clarity on your finances. Tax accountants can help you to understand your finances more clearly and ease the pressure of accounting and tax, allowing you to be proactive in growing your business.

Why Choose VW Taxation?

VW Taxation strives to make the accounting process as easy and streamlined as possible, that way you can focus on your business without the burden and hassle of documenting and submitting your yearly accounts. Just as you are an expert in your field, we live and breathe taxation, and are passionate about sharing our expertise with other small businesses.

By choosing VW Taxation, you can be sure of a professional and friendly service. We pride ourselves on our transparent and honest approach, and you can be sure that we have your best interests at heart. We do not want you to lose a single penny that you are entitled to and we will work hard on your behalf to achieve the tax refund that you deserve.

Please contact us to talk through our tax services and your accounting requirements, we’d love to hear from you.

Picture of Say Hi to Gary Ellis, Director VW Taxation

Say Hi to Gary Ellis, Director VW Taxation

"I am very passionate about working in private practice and am strongly motivated in working with small to medium-sized businesses. My priority is to help them be more financially viable and efficient, which in turn will help aid growth.

I have been working as an accountant since 1991, when I left school and took my first role as a trainee accountant. I worked in private practice for 4 years and then moved to work in industry to gain wider and more varied experience in all aspects of tax and accounting. In 2011, I was offered the opportunity to return to private practice at VW Taxation and became a Director in 2014.

Outside of work, when not spending time with family and friends, I enjoy travelling, reading and watching live music."

Talk to Gary

Our Reviews (Google & Trustpilot)

We work hard to earn the trust of our clients and provide them with a friendly, honest and reliable accounting service. To find out what they are saying about us, please check out our Trustpilot and Google Reviews.

New Client Referral Offer

Being self-employed, you understand the value of client referrals and recommendations in growing your business. We pay our clients £50 as a thank you for every new customer they successfully refer to us, be it a family member, friend or work colleague.

Locations We Serve

The South Coast has a thriving small business community, and from our base in Portsmouth, VW Taxation is ideally placed to offer our services throughout Hampshire and parts of West Sussex.

FREE no-obligation quote:

Call us today for a no-obligation discussion about how we can take the burden of accounting off your shoulders. Complete our contact form and we’ll be in touch quickly.
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