Your financial admin. Sorted Properly - and kept that way...
Chartered accountants who keep your finances organised, compliant and under control - without the stress.
'We’ll ask a few questions to check we’re the right fit for each other.'
Good accounting should feel calm, clear and under control.
We keep things organised, communicate in plain English and give you steady, year-round support - without the surprises or the stress.
Built for businesses that value clarity, consistency
and proper year-round support.
Who we work best with:
We support VAT-registered UK businesses - mainly Limited Companies, but also VAT-registered sole traders - who want an organised, long-term relationship with a chartered accountancy team. Calm communication, clear processes and reliable support are at the heart of everything we do.
Our services are ideal for you if.......
- You're a VAT-registered UK business
- Limited Company or Sole Trader, and want your finances handled properly.
- You prefer everything in one place - bookkeeping, VAT, payroll and accounts managed by one steady team.
- You appreciate clear communication and are happy to stay engaged and responsive.
- You value a professional, calm, chartered firm that prioritises quality over being the cheapest.
- You're comfortable using cloud accounting tools (or open to being guided onto them).
- You want a reliable finance partner for ongoing support - not one-off fixes or last-minute scrambles.
' If this sounds like you, you'll feel very at home with us.'
How we support your business
Bookkeeping
Accurate, organised bookkeeping done monthly or quarterly - keeping your numbers clean, up to date and ready for decisions.
VAT
Proper VAT reviews, preperation and submissions delivered on time. We make sure everything is checked, correct and compliant.
Payroll
Reliable payroll and RTI submissions for small employer teams, handled with care and clear communications.
Accounts & Tax
Year-end accounts and tax returns prepared with calm efficiency, so you stay compliant without the stress.
Support & Guidance
Clear answers, steady communication and service supported by an experienced team and overseen by a chartered accountant.
MTD ITSA
Support for landlords and VAT-registered sole traders stay compliant under the new HMRC MTD ITSA regime.
Becoming a client:
How it works
Clear onboarding
We guide you through setting everything up properly from day one - moving you onto (or tidying up) the right software and gathering the information we need.
Accounts and steady support throughout the year
Your bookkeeping, VAT and payroll follow a calm, predictable schedule. No last-minute chasing and no surprises.
Accounts and steady support throughout the year
Your accounts and tax returns are prepared with organised, consistent care - and you can ask any questions as they come up.
Everything follows a clear, organised rhythm, you'll always know what's happening and when.
In our client's words
Here's what it's like to work with us - from the people who know us best.
Google Rating
Average: 5.00 out of 11 reviews
We have been working with Parallel Accounting for a number of years and have had an outstanding experience. Kelly and George have been fantastic, always approachable, responsive, and happy to explain things clearly.
Their professionalism, attention to detail, and genuine care for their clients have made a real difference to us.
We couldn’t recommend Parallel Accounting highly enough to any business looking for expert, reliable, and friendly accountants.
This I've had a great experience working with Kelly & the team at Parallel Accounting Ltd. They’re always professional, responsive, and take the time to explain things clearly so I understand my finances better. Tax returns and general accounting have been handled smoothly and efficiently, which gives me real peace of mind. I’d definitely recommend their services to anyone looking for a reliable and knowledgeable accountant!
Not forgetting a quick shout out to George Nunn, who has been extremely helpful with handling the payroll.
Kelly and all the team at Parallel Accounting are fantastic and I couldn’t recommend them more highly for small business owners. Kelly is great with advice and I love the newsletters imparting useful operational knowledge - something as an owner operator I don’t often have time to research myself.
Amber is also particularly great at keeping on top of me and my monthly PAYE activity and reminders!!
Frequently Asked Questions
A few of the questions business owners
ask us most often:
Do you work with all types of businesses?
We support VAT-registered UK businesses - mainly Limited Companies, and also VAT-registered sole traders who want organised, ongoing support.
Do you offer year-end only services?
Typically, most of our clients use us for bookkeeping, payroll and VAT services throughout the year also. However, if you require year end only services, start an enquiry and we can discuss your needs.
What accounting software do you use?
We mainly use Xero and Quickbooks, and can guide you through moving over if needed. We can also prepare accounts based on Sage and FreeAgent.
How does pricing work?
We quote based on your business size, transactions, payroll needs and level of support required using a pricing matrix which we will share with you during the quote process. This way you are aware of what fees will look like for you as your business changes.
How do I become a client?
Start by completing our short enquiry form. We'll review your information and invite you to a discovery call if we're the right fit for each other.
How quickly can you get me onboarded?
Most clients are fully onboarded within a few weeks. We guide you through each step and keep everything organised from the start.
More frequently asked questions
If you would like to learn more about the frequently asked questions, please click here.
Frequently Asked Questions
A few of the questions often asked about MTD ITSA:
Who will MTD ITSA apply to?
MTD ITSA will apply to sole traders and landlords with qualifying income over £50,000 from April 2026.
Those with qualifying income over £30,000 will be brought in from April 2027, with further expansion expected in April 2028.
(Qualifying income is measured before expenses.)
What counts as qualifying income?
Qualifying income is based on gross income, not profit.
For sole traders, this is income based on invoices issued, before expenses.
For landlords, this is rental income received, before expenses.
Expenses do not reduce the figure used to decide whether MTD ITSA applies.
What if I'm both a sole trader and a landlord?
If you have both business and property income, the figures are combined. This means the total can push you over the MTD ITSA threshold even if each activity is below it individually.
Does this apply to Limited Companies?
No. MTD ITSA applies to sole traders and landlords only.
Limited Companies are not included in MTD ITSA.
What needs to be submitted under MTD ITSA?
MTD ITSA requires:
Quarterly updates of income and expenses
An end-of-period statement
A final declaration, replacing the traditional Self Assessment return.
We manage the reporting and submissions as part of an ongoing service.
When are the quarterly deadlines?
Under MTD ITSA, quarterly updates must be submitted within one month of the quarter end.
The standard quarters and filing deadlines are:
Under MTD ITSA, quarterly updates must be submitted within one month of the quarter end.
The standard quarters and filing deadlines are:
6th April – 5th July → Filing deadline:
7th August
6th July - 5th October → Filing deadline:
7th November
6th October - 5th January → Filing deadline:
7th February
6th January - 5th April → Filing deadline:
7th May
When do you need information from me?
To keep everything accurate and on time, we ask clients to provide their records within 10 days of the quarter end.
This allows us to review, prepare and submit updates calmly — without last-minute pressure.
Do I need software for MTD ITSA?
Yes. MTD ITSA requires compatible accounting software.
If you’re already VAT-registered and using cloud software, this will feel familiar. If not, we’ll guide you onto a suitable system.
If you're unsure whether MTD ITSA applies to you, start and enquiry and we'll confirm your position.
Start an enquiry
Start your enquiry
We'll ask a few questions to check we're the right fit for each other.
