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Growing businesses

Accountants for UK growing businesses.

Structure advice, VAT registration, first-hire payroll, and Compliance Vault™ — from day one.

Most companies are formed in 15 minutes and discover their structural mistakes 18 months later. We form companies with a 20-minute structure conversation first, then run the first year through Compliance Vault™.

Who this is for

Is this for you?

  • Pre-revenue founders preparing to launch
  • Sole traders deciding when (or whether) to incorporate
  • First-year businesses under £150k turnover
  • Growing businesses approaching £85k–£500k turnover
  • Businesses about to make their first hire
  • Businesses approaching or just over the VAT threshold
What we handle

What we handle.

  • Sole trader vs Ltd advice

    Right structure for your specific situation — not a default recommendation.

  • Company formation

    Companies House, HMRC, share structure, statutory registers.

  • VAT registration & threshold monitoring

    Rolling 12-month turnover monitored. We register before HMRC notices.

  • First-hire payroll setup

    RTI, pension auto-enrolment, P11D, P45/P46 — all set up properly.

  • Self-assessment (sole traders)

    Pre-incorporation tax returns and capital allowances.

  • Annual accounts (once incorporated)

    Statutory accounts and CT600 from year one through Compliance Vault™.

  • First-year compliance plan

    30-day onboarding, then monthly close from month 1.

  • Forecasting & cash modelling

    Realistic tax provision so the first big bill doesn't blindside you.

How Compliance Vault™ applies

The system that turns this into a year-round process.

Compliance Vault™ runs from day one. Evidence Pack captures formation documents, share certificates, and director KYC. Deadline Lock tracks first confirmation statement, first accounts deadline, and CT payment date. Portfolio Reporting Pack delivers monthly numbers from month one.

Read more about Compliance Vault™
Service standards

Documented in your engagement letter. Reviewed annually.

  • WhatsApp typically under 30 min
  • Email within 1 working day
  • Monthly close by the 7th
  • Phone manned reception, typically within 10 min
The cost of getting it wrong

What you're paying for if you don't have an accountant who plans ahead.

All figures are documented from real client scenarios — not invented. The point isn't fear; it's clarity about what good advisory actually saves.

  • Wrong structure at incorporation (sole trader vs Ltd)

    £5,000–£20,000/year in avoidable tax at scale

  • VAT threshold crossed unnoticed

    Backdated VAT + 15% surcharge on all VAT due

  • First hire without payroll set up

    RTI penalties + employment law exposure

  • First big tax bill with no cash set aside

    £5,000–£30,000 cash crisis on first profitable year

  • Director loan accidentally overdrawn

    32.5% s455 charge + bank-style interest

  • Investor asks for management accounts that don't exist

    Lost funding opportunity + delayed scaling

How it works

Three steps. No back-and-forth.

  1. Step 01: 20-minute discovery call

    We confirm fit and walk through how this would work for your specific situation.

  2. Step 02: Engagement and onboarding

    Engagement letter, Direct Debit, and Compliance Vault™ setup — typically within 24 hours.

  3. Step 03: Year-round delivery

    Monthly numbers, tracked deadlines, advisory raised — plus an Annual Compliance Review every 12 months.

Why RR Accountants

What you get from us — that other firms don't deliver structurally.

  • Structure conversation first

    20-minute discovery call before we form anything. Get the structure right the first time, not the wrong way for 18 months.

  • Compliance Vault™ from day one

    Records year-round from month one. No retrospective book-cleaning in year two.

  • Realistic tax provision

    Your first big tax bill is forecasted from month one. No surprise £20k bills.

  • Scales with you

    From £100/month sole trader to £800/month at scale. Same firm, same standards, same Compliance Vault™.

Frequently asked

Growing businesses — common questions.

  • Should I form a limited company or stay as a sole trader?

    Depends on your situation. Rough guide: profits above £40k–£50k/year, plans to scale, multiple income streams, or property investment usually favour a limited company. Below that, sole trader simplicity often wins. We confirm in the 20-minute discovery call against your specific situation.

  • When do I need to register for VAT?

    When your VAT-taxable turnover in any rolling 12-month period exceeds £90,000 (from April 2024). The 12-month period is rolling, not aligned to your accounting period — which is why monthly monitoring matters. You can register voluntarily below the threshold if it makes commercial sense.

  • How much should I save for tax as a growing business?

    As a sole trader/limited company, a rough rule is 25–30% of profit set aside in a separate account. We forecast specifically each month via Portfolio Reporting Pack so you know the exact figure for your situation — not a generic rule of thumb.

  • What happens when I hire my first employee?

    Several things at once: PAYE registration with HMRC, RTI submissions, pension auto-enrolment assessment, employer's NI, employment contract, employer's liability insurance. We set up payroll properly before the first salary is paid — ideally a month in advance.

  • How much do you charge growing businesses?

    Sole traders from £100/month. Limited companies from £150–£300/month at smaller scale, rising to £500–£800/month as you grow. Specifics agreed in writing after the discovery call.

  • What's in Compliance Vault™ for a growing business?

    The same three components as for every client. Evidence Pack captures records from day one — formation docs, contracts, invoices. Deadline Lock tracks every HMRC/Companies House deadline. Portfolio Reporting Pack delivers monthly numbers so you always know your tax position.

  • Can you help me decide if I should incorporate?

    Yes — this is exactly the kind of question the 20-minute discovery call answers. We model your situation honestly, including the SDLT implications (if property is involved) and the timing trade-offs. If incorporation isn't right yet, we'll tell you.

Book a 20-minute call.

We'll confirm whether we're a fit, and if we are, we'll tell you exactly what growing businesses would look like for your business.