Top 5 Best Accounting Firms in London

When navigating the complex world of finance in a bustling metropolis like London, partnering with a top-tier accounting firm can make all the difference. Whether you’re a small business owner, an entrepreneur, or managing a large corporation, selecting the right firm is crucial to financial success. Our guide on the ‘Top 5 Best Accounting Firms in London’ is here to help you make an informed decision.

Accounting firms in London offer a variety of essential services to meet diverse financial needs, such as:

Tax Planning and Compliance – Ensuring your business adheres to the latest tax regulations while optimizing tax liabilities.
Audit and Assurance – Providing independent assessments to enhance the credibility of your financial statements.
Bookkeeping – Maintaining accurate financial records to support daily business operations.
Consulting Services – Offering expert advice to improve business performance and financial strategies.
Payroll Management – Handling employee payments, tax deductions, and compliance with employment laws.

When choosing an accounting firm, consider aspects such as:

Reputation and Experience – Look for firms with a strong track record and expertise in your industry.
Range of Services – Ensure they offer services that align with your specific financial needs.
Cost – Evaluate their fee structures, which can range from $500 to several thousand dollars, depending on the complexity of services.
Client Support – Opt for firms that provide excellent customer service and personalized attention.

Explore our detailed guide to discover the top accounting firms in London that can help you achieve your financial goals.

1. Numericx
2. Zmartly Ltd
3. Oasis Umbrella Ltd

4. B & L Solutions
5. Cannytax

Number of companies

185

Verified reviews

4,86

Average rating

+442081291121

1. Numericx

★ ★ ★ ★ ★ 4,8/5

Bellerive House, 3 Muirfield Cres, E14 9SZ, London

Accounting firm

Why we chose them

Numericx stands out as the UK’s leading online accountancy service, offering comprehensive and personalized solutions for individuals and small businesses. With a focus on providing expert advice and support, the firm specializes in services such as company registration, bookkeeping, VAT returns, tax compliance, and payroll management. Utilizing cutting-edge technology and a team of accredited accountants, they ensure a seamless, efficient, and stress-free accounting experience tailored to each client’s needs. Clients benefit from free QuickBooks software, deadline reminders, and expert guidance to navigate the complexities of business finance with ease.

Renowned for their affordability and professionalism, the firm offers a low fixed monthly fee, making their services accessible to a wide range of businesses. Their commitment to minimizing tax liabilities while ensuring compliance positions them as a dependable partner for financial success. The seamless transition process for new clients and the availability of a 30-minute free consultation underscore their dedication to client satisfaction. With a vision to redefine business accounting through data-driven insights and simplified financial management, the company continues to empower clients across the UK, ensuring every financial decision is informed and strategic.

+442081755145

2. Zmartly Ltd

★ ★ ★ ★ ★ 4,8/5

20-22 Wenlock Rd, N1 7GU, London

Accounting firm

Why we chose them

Zmartly Ltd. is a dynamic accounting firm known for its comprehensive range of services tailored to meet the diverse needs of businesses and private individuals. With a focus on e-commerce accounting and VAT returns, they have built a reputation for professionalism and reliability. Clients consistently praise their knowledgeable and responsive team, emphasizing how Zmartly has transformed their financial management, helping them achieve significant growth and improved work-life balance. The company’s commitment to excellent communication and personalized service makes them a standout choice in the accounting sector.

Located in London, Zmartly Ltd. prides itself on providing a seamless contracting experience. Their support teams are lauded for their helpfulness and efficiency, ensuring that clients’ financial affairs are always in order. Testimonials highlight their ability to rectify complex issues and offer insightful recommendations, fostering long-term client relationships. The firm’s dedication to maintaining top-quality service and building trust with its clients underscores its position as a leading provider of accounting services.

+442038189550

3. Oasis Umbrella Ltd

★ ★ ★ ★ ★ 5,0/5

3 Chiswick Park, W4 5YA, London

Accounting firm
Accountant
Payroll service

Why we chose them

Oasis Umbrella Ltd stands out as a premier choice in the payroll solutions sector, specializing in providing a comprehensive range of services for contractors and freelancers. With a focus on modern payroll solutions, the company offers seamless PAYE services, ensuring that all taxes and National Insurance contributions are handled efficiently. Their commitment to compliance and client satisfaction is evident through their uninterrupted employment support and same-day payment guarantee. The company’s easy setup process and lack of hidden fees make it an attractive option for those seeking a hassle-free umbrella company experience.

What sets this company apart is its dedication to customer service and ongoing support for contractors. Clients benefit from a dedicated team of relationship managers who are readily available to address queries and provide guidance. Additionally, the company offers statutory payments and workplace pensions, reflecting their commitment to employee welfare. With a strong reputation backed by positive reviews, the company has successfully completed the FCSA review, further solidifying its status as a reliable and professional partner for contractors and freelancers navigating the complexities of IR35 and payroll management.

+447488360760

4. B & L Solutions

★ ★ ★ ★ ★ 4,7/5

11 Burford Rd, E15 2ST, London

Accounting firm
Corporate office

Why we chose them

B & L Solutions stands out as a versatile accounting firm and corporate office, providing a comprehensive range of services tailored to meet the needs of individuals and businesses in the UK. Known for their expertise in tax refunds and penalties removal, they assist clients in maximizing their financial returns. Their team also specializes in company formation, offering swift and efficient registration services, alongside valuable business consultations to support both new ventures and established enterprises.

In addition to their financial services, they offer legal assistance, including debt recovery and guidance on housing deposit returns and child support. With a focus on social benefits, they help clients navigate applications for child and housing benefits, as well as pension credits. Their multilingual support extends to document translations and assistance with essential UK registrations such as National Insurance and UTR. This comprehensive service suite makes them a trusted partner for those looking to streamline their financial and legal affairs.

+442030022027

5. Cannytax

★ ★ ★ ★ ★ 5,0/5

Lombard Business Park, Cannytax, 8 Lombard Rd, SW19 3TZ, London

Accounting firm

Why we chose them

Cannytax is a leading accounting firm located in Wimbledon, London, renowned for its comprehensive range of financial services tailored to meet the diverse needs of businesses and individuals. Specializing in accounting and tax advisory, the firm offers expert assistance in areas such as company accounts, bookkeeping, payroll, and company formation. Their team of qualified accountants is dedicated to helping clients navigate complex financial landscapes with services that include corporate tax planning, personal tax management, VAT returns, and capital gains tax. With a client-centric approach, they provide bespoke solutions that empower businesses to focus on growth and competitive advantage.

Cannytax stands out for its commitment to supporting various business types, from startups and small businesses to sole traders and established companies. Understanding the unique challenges of each client, they offer targeted advice on crucial aspects like corporate structure, cost reduction strategies, and tax planning. Their expertise ensures compliance with UK regulations while facilitating efficient financial management, making them a trusted partner for businesses aiming to enhance their financial health. As a firm regulated by the ACCA, Cannytax combines professional integrity with personalized service, ensuring clients receive the highest standard of accounting and advisory support.

FAQs

What services do accounting firms in London typically offer?

Accounting firms in London offer a wide range of services including tax planning and compliance, audit and assurance, bookkeeping, consulting services, and payroll management.

How much do accounting services cost in London?

The cost of accounting services in London can vary widely. Basic services like bookkeeping might start at €500, while comprehensive packages involving audits and consulting can range from €1,000 to several thousand euros, depending on complexity.

How do I choose the right accounting firm in London for my business?

Consider factors such as the firm's reputation and experience, the range of services they offer, their fee structure, and the quality of client support. It's important to choose a firm that aligns with your specific financial needs.

What should I consider when evaluating an accounting firm's reputation?

Look for firms with a strong track record, positive client testimonials, and expertise in your industry. It can also be helpful to check professional accreditations and industry awards.

How long does it typically take for an accounting firm to complete an audit?

The timeline for completing an audit can vary depending on the size and complexity of your business. On average, it may take anywhere from a few weeks to a couple of months.

What is included in tax planning and compliance services?

Tax planning and compliance services involve ensuring adherence to tax regulations, optimizing tax liabilities, and preparing and filing tax returns. These services aim to minimize tax burdens while ensuring compliance with the law.

Why is payroll management important for my business?

Payroll management is crucial for ensuring accurate employee payments, compliance with tax deductions, and adherence to employment laws. It helps maintain employee satisfaction and prevents legal issues.

What benefits can consulting services from an accounting firm provide?

Consulting services from an accounting firm can provide expert advice to improve business performance, financial strategies, and decision-making processes. They can help identify opportunities for growth and efficiency.