Small Business Accounting

Running a small business is rewarding, but managing the accounts can often feel overwhelming. At Fairmans Accountants in Leyland, we specialise in providing reliable and affordable small business accounting solutions that give you clarity, confidence, and control over your finances. Whether you’re a sole trader, partnership, or limited company, our aim is simple: to keep you compliant with HMRC while supporting your growth every step of the way.

Our tailored accounting services for small business cover everything from day-to-day bookkeeping and VAT returns to payroll, tax planning, and financial forecasting. With Fairmans as your partner, you’ll have a trusted advisor who takes care of the numbers so you can focus on running your business.

Why Choose Fairmans for Small Business Accounting?

As a family-run practice, we understand the pressures small businesses face — tight deadlines, unpredictable cash flow, and ever-changing regulations. Our small business accountants service is designed to remove the stress of compliance and give you the insights you need to make better business decisions.

We combine traditional expertise with cloud-based technology, offering real-time access to your accounts. This means you can monitor income, expenses, and cash flow from anywhere, at any time. By choosing Fairmans, you gain more than an accountant; you gain a proactive partner invested in your success.

Make our specialists
part of your team

Enquire

Make our specialists
part of your team

Whether you are a self-employed trades-person, or just starting out in your own limited company, Fairman’s are here to help your business grow.

Enquire

Book a callback to see how we can help you

Speak to our specialist small-business and tradesperson accounts team today. Feel free to ask any questions and our experts will do their best to advise you.

Simply complete the form and a member of our team will call you back at the earliest opportunity.

Our Accountancy Services for Small Businesses

At Fairmans, we believe that every small business deserves the same high standard of professional care as larger corporations. That’s why our accountancy services for small business are tailored to your specific needs. Whether you require monthly bookkeeping, quarterly VAT submissions, or annual tax returns, we provide cost-effective solutions that grow with your business.

Bookkeeping and Compliance

Accurate bookkeeping is the foundation of any successful business. Our small business accounting service ensures every transaction is recorded correctly, VAT is managed efficiently, and your accounts are always HMRC-ready. We use leading cloud accounting software such as Xero, QuickBooks, and Sage, giving you complete visibility and reducing the risk of errors.

Payroll and Auto Enrolment

Managing payroll can be complex, especially with pension auto enrolment and HMRC reporting requirements. Our accounting services to small business include fully managed payroll solutions, covering payslips, PAYE submissions, and pension compliance. With Fairmans handling your payroll, you’ll save valuable time and ensure your employees are always paid correctly and on time.

VAT and Making Tax Digital (MTD)

VAT regulations are constantly changing, and missing a deadline can result in penalties. We provide expert guidance on VAT registration, schemes, and returns, making sure your business stays compliant. Our accounting services for small business are fully MTD-compliant, so your VAT submissions are digital, seamless, and accurate.

Annual Accounts and Tax Returns

Preparing annual accounts and self-assessment tax returns can be daunting, but we simplify the process. Our small business accountants service ensures your statutory accounts are completed accurately, while identifying opportunities for tax efficiency. We’ll advise on allowable expenses, capital allowances, and tax reliefs to help minimise your liabilities.

Business Advice and Forecasting

Good accounting goes beyond compliance. Our accountancy services for small business include financial forecasting, budgeting, and cash flow management to help you plan for the future. Whether you’re applying for finance, looking to expand, or simply want a clearer view of your profitability, we’ll provide insights that support smarter decisions.

Supporting Growth with Digital Solutions

At Fairmans, we believe that digital accounting is the future for small businesses. That’s why our small business accounting solutions integrate with secure, cloud-based platforms that make your financial data accessible 24/7.

Benefits include:

Real-time tracking of income and expenses.

Reduced paperwork and fewer errors.

Simple collaboration with your accountant.

Full compliance with HMRC’s Making Tax Digital rules.

Why Local Businesses Trust Fairmans

Personalised service

We tailor our small business accounting service to your business goals.

Expert knowledge

Years of experience supporting local SMEs with bookkeeping, VAT, and payroll.

Proactive advice

Helping you reduce tax liabilities and improve profitability.

Cloud technology

Giving you instant access to your accounts from anywhere.

Local roots

Based in Leyland, we combine professional expertise with a friendly, approachable style.

FAQs

Do I need an accountant if I already use accounting software?

Yes. Software records transactions, but an accountant ensures compliance, reduces tax bills, and provides expert advice that software cannot.

What records do I need to keep for my small business?

You should keep invoices, receipts, bank statements, VAT returns, and payroll records. We set up systems to keep everything organised and HMRC-compliant.

How can Fairmans help me with Making Tax Digital?

We manage MTD-compliant systems so your VAT and tax submissions are completed digitally, on time, and with fewer errors.

Fairmans Accountants

Get in Touch

If you’re looking for reliable accountancy services for small business, Fairmans Accountants is here to help. From bookkeeping and VAT returns to payroll and tax planning, our expert accounting services to small business provide everything you need to stay compliant and grow with confidence.