CHW Accounting Review - Best Companies

Not everyone can complete accounting tasks for their business, that’s why CHW Accounting is here for you.

Best Accountants In Bolton
CHW Accounting offers everything a business needs, from start-ups to established companies, accounting, tax, outsourcing, and bookkeeping. If the accountants from the company cant do it themselves, they will find someone in their network who can. CHW Accounting works with cloud experts familiar with all of the major brands, not just one.

Discover how they can help your growing business in this CHW Accounting Review.

Table of Content

1 CHW Accounting Overview
2 Services Offered By CHW Accounting
3 CHW Accounting Contact Details
4 CHW Accounting Reviews
5 Summary
6 Check Out Other Accountants In The Area

CHW Accounting Overview

CHW Accounting is a small accounting firm with highly qualified chartered accountants and business experts on staff to help small business owners. Cowgill Holloway LLP, one of Bolton’s principal accountancy offices, has combined with Warings, one of the city’s top small business accountants, to establish CHW.

They are a straightforward and honest group dedicated to providing their clients with all of the services they require. They want to assist clients in focusing on all aspects of their business so that no details are overlooked, and nothing is left to chance.

The goal of CHW Accounting is to make their customers happy, which includes running a lucrative and successful business with a high level of service thrown in for good measure. Unlike other accounting companies, CHW can provide the resources that only a more prominent firm can, but with the close-knit personal relationships that smaller business is known for. Traditional accountancy firms are no longer in business; CHW Accounting is a new breed of accountants on the market, offering something a little different than the norm.

Services Offered By CHW Accounting

CHW Small Business Accounting is a firm of highly skilled chartered accountants and business advisers specialising in helping small business owners. They have many professionals, including Compliance Manager Dan, who can help you understand which services fit your needs. Find the services provided by CHW Accounting in the following section.

Accounts

The CHW accounting professionals are skilled in various computerised and cloud-based accounting tools, but they are also comfortable working with classic manual accounting records.

Year-end Accounts. While your year-end accounts are a legal necessity, they may provide you with a lot more information. CHW Accounting makes sure you understand the accounts and analyse the data so you can make educated decisions in the future. Their staff specialises in small and developing enterprises, so they know the challenges you encounter and the areas where you require assistance.
Management Accounts. CHW Accounting can generate management accounts for you throughout the year, giving you an up-to-date picture of how your firm is doing and allowing them to provide proactive advice. The data in these reports may be customised to your industry or KPIs and shown on the CHW dashboard.

Business Advisory

CHW Accounting specialises in small and developing businesses and can help with various difficulties that may arise throughout your company’s existence. They do not simply create financial data; they also help you evaluate it, and they understand that accounting data is a tool for making business decisions.

Cloud Accounting

The phrase “cloud accounting” refers to bookkeeping and accounting software accessible over the internet, such as a web browser. You’re already halfway there if you utilise internet banking. They believe in using the best tools for the task at CHW. While the final product may be the same, they would only endorse and advise on the product if it was a good fit. The truth is that some platforms will work better for some firms than others.

Tax

The CHW team’s guidance is based on a deep understanding of your business and your long-term goals — they handle all aspects of taxation, accounting, and financial planning.

Tax Compliance. Ensuring that you adhere to tax laws to pay the correct amount of tax With fines on the rise and HMRC on the alert, they will make sure your tax dealings are lawful and precise and that they can withstand HMRC examination.
Tax Planning. The way you arrange your business and personal affairs can have a significant impact on how much tax you pay. Their tax consultants will get to know your company and offer suggestions on organising your affairs in the most tax-efficient way possible.
Corporate Tax. CHW Accounting works with a wide range of businesses, from sole proprietorships to multi-national conglomerates, focusing on profit maximisation and tax minimisation, as well as planning for the day when you might consider selling your firm.
Personal Tax. CHW Accounting assists customers in completing their annual tax returns and maximising any applicable allowances or reliefs.
Capital Gains Tax. When you sell an item with a high value, you may be subject to Capital Gains Tax. CHW Accounting can help you figure out how much you owe and provide strategies to help you reduce your burden.
Inheritance Tax. The amount of Inheritance Tax owed can be significantly lowered if proper preparation is done ahead of time. With home values rising and IHT allowances failing to keep pace, an increasing number of individuals are finding themselves in the IHT bracket. Effective estate planning can help you protect your assets.
Tax Investigations. With the number of tax investigations increasing, any questions raised by HMRC should be addressed carefully. HMRC continues to put money into specific sections that target businesses and individuals at random. The CHW Accounting staff can assist in an HMRC tax investigation. They also provide a Tax Enquiry Service to cover the costs of their professional services in dealing with an investigation.

Value Added Tax

VAT is one of the most complicated areas of taxes, and it takes careful preparation to ensure that the correct amount is paid. The law is always evolving, which is why the CHW Accounting team stays up to date and aware of this ever-changing landscape for their customers’ advantage.

Business Start-up

CHW Accounting has over 35 years of expertise aiding businesses that are just getting started. They can ensure you get the proper guidance and offer you valuable references.

Initial Free Consultation. Typically, a one-hour introduction meeting to learn about the company concept is required. This allows the CHW team to discover possible company forms and the optimal course of action.
Business Structure Advice. Your company can take many different forms – sole trader, partnership, limited company, limited liability partnership – and CHW can explain the various legal statuses and help you choose the best one for you.
Basic Forecasts. To move forward, every company requires goals and benchmarks. CHW Accounting can prepare them for you as part of their start-up package, or they can offer you some guidelines and a template to help you create your own.
Company/Business Set Up. CHW Accounting can set up the company and register the business/partnership with the Internal Revenue Service and file all essential paperwork, including VAT registration if applicable.
Guidance with Record Keeping. It is critical to maintaining expenses as low as feasible during the start-up and expansion stages. Keeping simple records allows you to do this at first. CHW Accounting may supply password-protected Excel templates to guarantee that your documents are up to date. If you feel more daring, they can advise you on the most up-to-date subscription-based software.
Professional Network of Contacts. CHW has access to an extensive network as part of the Cowgill Holloway Group. Their clients may profit from this, and they can give recommendations from banks, insurance brokers, and funders.

Outsourcing

Using CHW for outsourcing rather than hiring someone in-house may save your company time and money on anything from forecasting and management information to tracking KPIs and even payroll. They make certain that they hire, train, and retain the best people in the industry. They want their clients to succeed as much as they can; your success equals success for us as well. They can talk about the figures and answer any questions then and then, not at the next meeting, thanks to collaborative working using cloud technology.

Payroll

Keeping track of your company’s payroll is one of the most important aspects of any organisation. Payroll outsourcing is a simple and cost-effective way to escape paying your employees’ weekly or monthly stress.

LaunCHWorks

For years, the CHW staff has assisted entrepreneurs in launching their businesses, making the process as painless as possible. They understand that starting a business is thrilling, but it is also scary, and many routine things get in the way and sap your energy. That is why they created “LaunCHWorks,” a bundle tailored specifically for start-ups. As specialists in assisting start-ups, they ensure that all regulatory requirements are met and that you have all the information you need to begin your company effectively.

CHW Accounting Contact Details

If you want some help tackling and keeping up with previously announced significant tax increases or the temporary reduced rate of taxes, you can talk to CHW Accounting. Get in touch with their company through any of the following contact information.

Address: Bedford House, 60 Chorley New Road, Bolton, BL1 4DA

Telephone Number: 01204 534 031

Website: chw-accounting.co.uk

Email: [email protected]

Facebook: www.facebook.com/CHWAccounting/

Twitter: twitter.com/CHW_accounting

LinkedIn: www.linkedin.com/company/chw-small-business-accounting/

Registration Number: 08286973

CHW Accounting Reviews

Maintaining accounting matters is not an easy feat. From conducting a budget review to performing an income tax self-assessment, CHW Accounting has done it all for its clients. Find out what these clients have to say about CHW Accounting’s services in these reviews.

We have used the services provided by CHW from the start of trade and incorporation of the company. We have found their services for tax, accounts and payroll to be very efficient. In addition their assistance and involvement in the strategic planning, and financial and cost accounting within the business, has been instrumental in our growth and development plans.

Having assisted with the design, production and implementation of our internal management reporting format, which fitted in with our admin requirements, they have not only saved us money but valuable time and resource, we would not hesitate to recommend them. – Phil Hodson, Entire Projects

Ian and his team have been invaluable to me since I moved my business over to CHW accounting.

I began looking for an accountant as I needed to make sure that as my business grew, the foundations were in place, and more importantly that my accountants were able to remain involved. Ian did this, but it was obvious that he had a deep understanding of businesses like mine that are looking to grow.

He made sure that he understood my business completely, and reviewed the current state of play of my business and advised on a suitable structure moving forward. He ensured I was completely protected, and that my business was structured correctly for growth.

I would strongly recommend Ian and his team at CHW accounting. – Rachel MacGregor, Managing Director, Belo and Me

I’ve worked with Nicola and the team for approximately 23 years now, and have always been very pleased and felt like the business is in safe hands.

She provides me with quarterly management accounts, which incorporate the KPIs of the business, allowing us to track progress against target, and more importantly, cash flow. Whilst some of this information is in a language only finance people would understand, Nicola and her team make sure that they provide us with recommendations and advice to help take the business forward.

Nicola and her team have become an integral part of the finance operations of Barcon Systems – we’re very happy that we moved across to CHW accounting to help us with our growth plans. We opted for an accountancy firm that could not only handle and actively assist in our growth, but provide us with all the services we need under one roof, rather than co-ordinating various different contacts.

I would strongly recommend Nicola and the team at CHW accounting. Excellent service and always with a smile. – Karen Gallagher, Finance Director, Barcon Systems Ltd

Summary

CHW Accounting is a Bolton-based accounting firm that can help small and growing businesses. The accountants from CHW can help you adopt the cloud into your company system and conduct a budget and spending review. The CHW is also consistently updated with the various government support programs for people like the fifth self-employed income support scheme (SEISS) grant opened for deserving citizens announced by Chancellor Rishi Sunak in 2021.

All in all, this CHW Accounting Review found that the company has consistently receive great feedback and is perfect when you need an accountant.

Check Out Other Accountants In The Area

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