Based on checking the website, Nexusaccounting.co.uk appears to be a UK-based accounting firm specializing in services for small businesses, contractors, freelancers, and locum medical professionals.

They offer a comprehensive suite of accounting and tax services, aiming to simplify financial management for their target audience.

Their approach emphasizes dedicated accountant support, quick responses, evening and weekend availability, and transparent fixed fees, often leveraging cloud accounting software like FreeAgent.

While the services they offer, such as tax planning, bookkeeping, and general accounting, are permissible in principle within Islamic finance as they involve legitimate business transactions and advisory roles, it’s crucial for any Muslim engaging with such a firm to ensure that the underlying business activities being accounted for are themselves halal and that any financial instruments or advice provided by Nexus Accounting strictly adhere to Islamic principles, particularly avoiding interest riba in all its forms.

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Table of Contents

Nexusaccounting.co.uk Review & First Look

Nexusaccounting.co.uk presents itself as a specialist firm aiming to simplify this complex terrain, particularly for the UK market.

Based on our initial assessment of their website, they position themselves as a comprehensive solution for accounting and tax needs, focusing on personalized service and accessibility.

Target Audience & Core Offerings

Nexus Accounting clearly targets a specific demographic: small businesses, contractors, freelancers, and locum medical professionals. This specialization suggests a deep understanding of the unique financial challenges and opportunities faced by these groups. Their core offerings revolve around managing accounts and tax processes, from new startups to established entities. This includes everything from basic bookkeeping to more intricate tax planning strategies.

Small Businesses: General accounting support, compliance, and financial guidance.
Contractors & Freelancers: Tailored services for self-employed individuals, IR35 considerations though not explicitly mentioned, it’s a common need for UK contractors, and efficient tax handling.
Locum Medical Professionals: Specialized knowledge of the financial intricacies pertinent to healthcare professionals.

Initial Impressions of Website Usability

The website itself is clean and straightforward.

It clearly outlines who they serve and what they offer. Destinology.co.uk Reviews

The “Get in Touch” calls to action are prominent, and the contact information phone and email is readily available.

This immediate accessibility is a positive sign for potential clients seeking quick information or assistance.

Nexusaccounting.co.uk Features

Nexus Accounting highlights several key features designed to differentiate their service and provide value to their clients.

These features focus on accessibility, expertise, and a client-centric approach, which are essential for businesses seeking reliable financial partners.

Dedicated Accountant Support

One of the standout features promoted by Nexus Accounting is the provision of your own dedicated accountant. This is a significant advantage over larger, more impersonal accounting firms where clients might feel like just a number. Cathedralproducts.co.uk Reviews

Main Point of Contact: Having a single, dedicated point of contact simplifies communication and fosters a deeper understanding of the client’s specific financial situation.
Unlimited Support: The promise of “unlimited support” suggests that clients can reach out without worrying about hourly charges for every query, promoting proactive engagement and peace of mind.
Personalized Advice: A dedicated accountant can offer tailored advice, which is invaluable for strategic financial planning and problem-solving, especially when dealing with the nuances of small business or freelance income.

Responsiveness and Accessibility

Nexus Accounting addresses this with specific guarantees regarding response times.

24-Hour Response Guarantee: They guarantee that “all emails and calls will be returned within 24 hours.” This commitment to prompt communication helps clients stay on top of their financial matters and reduces potential delays.
Evening and Weekend Support: Acknowledging that “disaster can strike at any moment,” they offer “support throughout evenings and weekends by appointment.” This flexibility is particularly beneficial for small business owners and freelancers who often work outside traditional office hours.

Tax Planning and Fixed Fees

Taxes are often a source of anxiety for businesses.

Nexus Accounting integrates tax planning as a standard part of its service.

Comprehensive Tax Planning: Beyond mere compliance, they provide “comprehensive service which includes tax planning services as standard.” This proactive approach can help clients optimize their tax position legally and ethically.
Transparency in Pricing: The firm emphasizes “transparent about our fees and accounting package” with “fixed fees.” This predictability in costs is highly attractive to small businesses, allowing for better budgeting and no unwelcome surprises. For instance, their “Limited Company” package is advertised from £90 + VAT per month, providing a clear baseline.

Industry-Leading Cloud Accounting

Modern accounting relies heavily on technology.

Nexus Accounting integrates with popular cloud accounting software, demonstrating a commitment to efficiency and contemporary practices. Stepahead-tutoring.com Reviews

Software Integration: They work with “a range of cloud accounting software providers, notably FreeAgent.” This flexibility allows clients to choose a system that best fits their operational needs, or leverage one they are already familiar with.
Efficiency and Accessibility: Cloud accounting enables real-time access to financial data, streamlines processes, and improves collaboration between the client and the accountant, which is crucial for modern business operations.

Nexusaccounting.co.uk Pros & Cons

Every service has its strengths and areas where it might not be the perfect fit for everyone.

Nexus Accounting, based on its website presentation, offers compelling advantages, but potential clients should also consider its limitations.

The Upsides: What Nexus Accounting Does Well

Nexus Accounting has clearly structured its services to appeal to its niche market, highlighting several benefits that resonate with small business owners and independent professionals.

Specialized Expertise: By focusing on small businesses, contractors, freelancers, and locum medical professionals, they likely possess deep, sector-specific knowledge. This specialized insight can be invaluable for navigating industry-specific regulations, tax implications, and financial best practices. For example, understanding the nuances of IR35 for contractors or unique deductions for medical professionals can save clients significant time and money.
Personalized Service: The promise of a dedicated accountant and unlimited support fosters a strong client-accountant relationship. This personal touch can lead to more proactive advice, quicker issue resolution, and a feeling of being genuinely supported, rather than just being a number in a large firm’s portfolio. Testimonials like Jo Burch’s “It’s more personable and I get better advice.” reinforce this claim.
Transparent and Predictable Pricing: Fixed fees are a major draw for small businesses operating on tight budgets. Knowing exactly what you’ll pay each month eliminates financial uncertainty and allows for better long-term planning. The stated “Limited Company from £90 + VAT per month” package is a clear example of this transparency.
High Responsiveness: The 24-hour response guarantee and availability for evening/weekend appointments address a common pain point for busy professionals: getting timely answers. This commitment to quick communication can prevent minor issues from escalating into major problems.
Cloud Accounting Integration: Working with leading cloud platforms like FreeAgent signifies a forward-thinking approach. This allows clients to easily manage their finances from anywhere, access real-time data, and collaborate seamlessly with their accountants, boosting efficiency.
Comprehensive Package: Their all-inclusive accountancy package, as described on the website, aims to cover all essential financial needs in one place, simplifying what can often be a fragmented and confusing process for business owners.

Considerations: What Might Give Pause

While Nexus Accounting presents a strong case, some aspects might warrant further investigation or could be potential limitations for certain users.

Geographic Focus: While they offer online services, their physical location implied by the phone number’s area code 0161, which is Manchester, UK and the testimonials from UK-based clients suggest a primary focus on the UK market. This might limit their suitability for international businesses or those needing specific international tax expertise.
Size and Scalability for Rapid Growth: While excellent for small businesses and freelancers, the firm’s capacity to handle extremely rapid scaling or very large, complex corporate structures is not explicitly highlighted. Businesses anticipating exponential growth might eventually require a firm with broader international reach or deeper corporate finance divisions.
Specific Software Limitations: While they work with “a range” of cloud software and “notably FreeAgent,” clients heavily invested in other specific software e.g., Xero, QuickBooks Desktop, Sage might need to confirm compatibility or be prepared to transition.
Lack of Detailed Case Studies: While testimonials are positive, the absence of more in-depth case studies illustrating how they’ve tackled complex financial challenges for specific clients might leave some potential users wanting more concrete examples of their problem-solving capabilities.
Reliance on Online Interaction: While a benefit for many, businesses that prefer frequent in-person meetings or have very traditional operational models might find the primarily online/remote support model less ideal.
No Explicit Islamic Finance Specialization: Crucially for a Muslim audience, while their core services are permissible, there’s no mention of specific expertise in Islamic finance principles e.g., Zakat calculation, avoiding Riba in complex transactions, Shariah-compliant investment advice. Muslim clients must be diligent in ensuring all aspects of their financial operations, and any advice received, fully align with Islamic tenets. This means actively communicating their requirements regarding Riba avoidance, halal income streams, and ethical business practices.

Nexusaccounting.co.uk Alternatives

When seeking accounting services, a variety of options exist, from large national firms to independent local accountants and specialized online platforms. Fleetprices.co.uk Reviews

Traditional Accounting Firms Local & Regional

Pros:

In-person accessibility: Many clients prefer face-to-face meetings, especially for complex discussions or when building a long-term relationship.
Broader service offerings: Larger firms often have departments specializing in audits, corporate finance, mergers and acquisitions, and international tax, which might be necessary for larger or rapidly scaling businesses.
Established reputation: Many have decades of experience and a strong local presence.

Cons:

Higher costs: Often have higher overheads, which translate to higher fees, sometimes hourly rather than fixed.
Less specialization for small businesses: May not be as attuned to the specific needs and nuances of sole traders or small limited companies as specialist firms.
Less tech-savvy: Some older firms might be slower to adopt cloud accounting or digital communication methods.

Considerations for Muslims: These firms generally operate under conventional finance laws. It is incumbent upon the Muslim client to clearly communicate their need for Shariah-compliant advice, especially concerning debt, interest, and investment.

Online-Only Accounting Platforms

Examples: Companies like Crunch.co.uk, FreeAgent direct subscription, QuickBooks Self-Employed, or even newer AI-powered accounting tools.

High convenience: Manage finances from anywhere, anytime. Rentola.com.au Reviews
Cost-effective: Often subscription-based, providing good value for basic services.
Automation: Leverage technology for automated bookkeeping, invoicing, and expense tracking.
Integrated features: Often include invoicing, expense management, and payroll in one system.
Less personalized: While many offer support, it’s usually less hands-on than a dedicated accountant.
Limited advisory capacity: Primarily tools for doing accounting, not necessarily for receiving complex financial strategy or tax planning advice tailored to unique situations. Swikly.com Reviews
Technical support can vary: Reliance on online helpdesks or community forums for troubleshooting.

Considerations for Muslims: These platforms are tools. Their permissibility depends entirely on how they are used. Ensure the transactions processed through them are halal, and if they offer financial products like loans or credit lines, verify they are interest-free.

Specialized Niche Accountants

Similar to Nexus Accounting, many firms focus on specific industries or professions e.g., healthcare accountants, e-commerce accountants, property accountants.

Deep industry knowledge: Understand the specific tax codes, deductions, and financial challenges of their niche.
Tailored advice: Can offer insights directly relevant to your business model. Pizzaexpress.com Reviews
Limited scope: May not be suitable if your business expands into new, unrelated sectors.
Availability: Niche firms might have limited capacity due to their specialized demand.

Considerations for Muslims: Always ensure the niche itself and the advice provided align with Islamic principles. For example, if specializing in real estate, ensure avoidance of interest-bearing mortgages or speculative transactions.

Freelance Accountants / Bookkeepers

Individual professionals often operate independently, offering a range of services.

Highly personalized service: Direct relationship with a single professional. Carlsensbarberacademy.dk Reviews
Flexible rates: Often more negotiable than larger firms.
Can be highly specialized: Some freelance accountants focus on very specific areas.
Limited capacity: A single person has limited bandwidth and may not be available during emergencies.
Less regulatory oversight: While qualified, they may not have the same internal quality control processes as larger firms.
Succession planning: What happens if they retire or get sick? Silverlinepool.com Reviews

Considerations for Muslims: When working with individuals, it’s crucial to establish clear agreements about Shariah compliance. Ask about their understanding of Islamic finance and their willingness to adhere to specific ethical guidelines.

Self-Management with Accounting Software

For very small businesses or those just starting, managing finances using software like FreeAgent, Xero, or QuickBooks Online, without external accounting support, is an option.

Maximum cost savings: Only pay for software subscriptions.
Full control: You manage every aspect of your finances.
Learning opportunity: Forces you to understand your financials deeply. Thefittingservice.com Reviews
Time-consuming: Takes away time from core business activities.
Risk of error: Without professional oversight, mistakes can be costly, especially with tax.
Lack of strategic advice: No one to provide insights or optimize your financial position.
Compliance burden: Staying updated with tax laws and regulations falls entirely on you.

Considerations for Muslims: This option requires the highest level of self-discipline and knowledge to ensure all transactions, income, and expenses are halal. It also requires a proactive approach to Zakat calculation and avoiding any interest-based transactions. Laboratorioscanalanza.com Reviews

Ultimately, the best alternative depends on a business’s specific needs, budget, complexity, and growth trajectory.

For Muslim business owners, regardless of the choice, due diligence in ensuring Shariah compliance at every financial touchpoint remains paramount.

How to Cancel Nexusaccounting.co.uk Subscription

Understanding the cancellation process for any service is crucial for financial planning and avoiding unwanted charges.

While Nexus Accounting’s website doesn’t explicitly detail a cancellation policy or step-by-step guide on a publicly accessible page, standard professional practice and the nature of ongoing accounting services provide a general framework.

General Expectations for Service Cancellation

For professional services like accounting, cancellation typically involves a direct communication process rather than an automated online portal. Buymobiles.net Reviews

This is because ongoing financial records and compliance responsibilities are involved.

Review Your Engagement Letter/Contract: When you initially sign up with an accounting firm, they provide an engagement letter or contract. This document is the definitive source for terms and conditions, including notice periods for cancellation. It’s vital to refer to this document first. Common notice periods can range from 30 to 90 days.
Direct Communication: The most effective way to cancel a subscription or service with a firm like Nexus Accounting would be to directly contact your dedicated accountant or their administrative team.
- Email: Send a formal email to [email protected] clearly stating your intention to cancel and the effective date, adhering to any notice period specified in your contract. Request an acknowledgment of your cancellation request.
- Phone Call: Follow up with a phone call to 0161 791 1674 to discuss the cancellation. It’s advisable to follow up a phone call with an email summary of what was discussed to create a written record.
Data Handover and Offboarding: A professional accounting firm will have a process for handing over your financial records.
- Requesting Records: You will need to request copies of all your financial statements, tax returns, payroll records, and access to any cloud accounting software accounts e.g., FreeAgent that were managed by them.
- Transition Period: Be prepared for a transition period where they might assist with the handover to your new accountant or ensure all outstanding filings are completed before their service ceases. This is particularly important around tax deadlines.
Final Invoice and Payment: Ensure all outstanding fees are settled according to your agreement. Confirm the date of your last payment and the final service period covered.

Key Things to Consider During Cancellation

Notice Period: Adhering to the contractual notice period is essential to avoid being charged for services you no longer wish to receive. If your contract requires 60 days’ notice and you inform them on January 1st, your service might continue until March 1st.
Outstanding Obligations: Ensure all your tax filings e.g., VAT returns, Corporation Tax, Self-Assessment are up-to-date or that arrangements are made for their completion before or by the cancellation date. An accounting firm typically won’t be responsible for filings after their service agreement ends.
Access to Software: If you were using their license for cloud accounting software like FreeAgent, discuss how your access will be maintained or transferred. You may need to set up your own direct subscription with the software provider.
Confirmation in Writing: Always obtain written confirmation of your cancellation, including the effective date and any final steps for data handover.

Since specific cancellation terms are typically detailed in the client engagement letter, it’s paramount for existing clients to consult their personal agreement.

For prospective clients, it’s wise to inquire about the cancellation policy upfront during the initial consultation.

Nexusaccounting.co.uk Pricing

Understanding the cost structure of an accounting service is a primary concern for any business. Nexus Accounting clearly highlights its commitment to fixed fees, a highly attractive feature for small businesses and freelancers who value financial predictability.

Transparent Fixed Fee Model

The website explicitly states: “Fixed Fees: Developing a trusting relationship works both ways which is why we are transparent about our fees and accounting package.” This transparency is a significant advantage, as it allows clients to budget effectively without fear of hidden charges or escalating hourly rates. Dgb.earth Reviews

Limited Company Package Example

As of the information provided on their homepage, Nexus Accounting offers a specific pricing example for Limited Companies:

Limited Company Package: From £90 + VAT per month

This package is stated to be suitable for:

Contractors
Freelancers
Medical Professionals
Online Sellers
Small Businesses

Additionally, a more detailed package description mentions:

Limited Company £100 + VAT p/m: This suggests there might be different tiers or a slightly higher base price depending on specific services included or the complexity of the client’s business, with “from £90” being the entry point. The fact that they encourage clients to “Get an instant quote” also implies that the final price may vary based on individual needs and the scope of work.

What to Expect in a “Comprehensive Accountancy Package”

While the website doesn’t break down every single item included in the £90-£100+VAT package, the general services mentioned elsewhere on their site likely form part of these comprehensive offerings:

Year-End Accounts: Preparation and filing of statutory accounts with Companies House.
Corporation Tax Returns: Calculation and submission of Corporation Tax to HMRC.
Self-Assessment Tax Returns: For directors and individuals likely included for up to two directors/shareholders if applicable.
Payroll: Basic payroll services for directors or a small number of employees.
VAT Returns: Preparation and submission of VAT returns if VAT registered.
Bookkeeping Support: Assistance with recording financial transactions, often through integrated cloud accounting software.
Dedicated Accountant: Ongoing access to a specific accountant for advice and support.
Tax Planning: Proactive advice to optimize tax efficiency.
Cloud Accounting Software: Access to or integration with platforms like FreeAgent.

The “Get an Instant Quote” Feature

The presence of a “Get an instant quote” button suggests that while there are base packages, the final monthly fee might be customized based on: Greenerbooks.co.uk Reviews

Business Turnover: Higher turnover might imply more complex transactions, requiring more time and resources.
Number of Transactions: A higher volume of sales invoices, purchase invoices, and bank transactions.
Number of Employees: More complex payroll requirements.
Specific Industry Needs: Certain industries may have unique compliance requirements.
Additional Services: If a client needs services beyond the standard package, such as R&D tax credits, extensive financial forecasting, or complex advisory.

Importance of Clarifying Scope

Even with fixed fees, it’s crucial for potential clients to get a clear understanding of what exactly is included in their quoted price and what might incur additional charges. This due diligence ensures there are no surprises down the line. A transparent firm will readily provide a detailed breakdown of services for the agreed-upon fixed fee.

For a Muslim client, it’s also advisable to ask about any specific charges related to Zakat calculations if that is a service they can offer or recommend.

However, it’s common for Zakat calculation to be a separate, personal responsibility, even with an accountant managing business finances.

Nexusaccounting.co.uk vs. Competitors

When evaluating Nexus Accounting, it’s helpful to place them within the broader context of the UK accounting services market.

They operate in a competitive space, vying with traditional high-street accountants, larger online accounting firms, and individual freelance professionals. Top4running.com Reviews

Understanding their positioning relative to these competitors highlights their strengths and potential weaknesses.

Versus Traditional High-Street Accountants

Nexus Accounting’s Edge:

Fixed Fees: Many traditional firms still bill hourly, leading to unpredictable costs. Nexus’s fixed-fee model provides budgeting certainty.
Cloud-First Approach: Nexus emphasizes cloud accounting FreeAgent integration, which many older traditional firms are slower to adopt or don’t fully leverage. This means more real-time data and remote accessibility.
Targeted Specialization: By focusing on contractors, freelancers, and small businesses, Nexus likely has a deeper understanding of their specific pain points than a general practice firm serving a wider array of business sizes and types.
Responsiveness & Flexibility: Their 24-hour response guarantee and evening/weekend support are less common among traditional firms, which often adhere strictly to conventional office hours.

Where Traditional Firms Might Have an Edge:

Physical Presence: For businesses that prefer regular in-person meetings or have a strong local community focus, a traditional high-street firm offers a physical presence.
Breadth of Services: Very large traditional firms might offer a wider range of services, such as auditing, corporate finance, or international tax consulting for multinational entities, which may be beyond Nexus’s core focus.
Established Local Networks: Some older firms have extensive local networks for referrals to other professional services e.g., solicitors, financial advisors.

Versus Large Online Accounting Firms e.g., Crunch.co.uk, Qdos Contractor

Personalized Service: While large online firms often offer online portals and dedicated account managers, Nexus’s emphasis on “your own dedicated accountant” and “unlimited support” might translate to a more hands-on and less transactional relationship, especially for clients who prefer a consistent point of contact. Testimonials suggest clients found Nexus more “personable” than larger companies.
Pricing: Nexus’s pricing e.g., £90+VAT for limited companies is competitive and often more transparent than some large online firms which may have tiered pricing that becomes complex for certain add-ons.

Where Large Online Firms Might Have an Edge:

Scale and Technology: Large online firms often invest heavily in bespoke technology platforms, offering more features within their integrated online dashboards e.g., advanced invoicing, cash flow forecasting tools.
Higher Volume Capacity: They are structured to handle a massive volume of clients, which might be a perceived advantage for some, though it often comes at the cost of personalization.
Brand Recognition: Some larger firms have significant national brand recognition and marketing budgets.

Versus Individual Freelance Accountants/Bookkeepers

Team Backing: As a firm, Nexus has a team of “qualified accountants” plural. This implies continuity of service, backup during illness or holidays, and potentially a broader collective knowledge base than a single freelance accountant.
Established Processes: A firm like Nexus likely has robust internal processes, quality control, and professional indemnity insurance, offering a layer of security that might be less formalized with an individual freelancer.
Software Agreements: Nexus’s partnership with FreeAgent may offer clients better rates or integrated support than if they were to sign up for software independently and then find a freelance accountant.

Where Individual Freelance Accountants Might Have an Edge:

Ultra-Personalization: A truly independent freelancer can offer the most tailored service and may be able to bend rules or offer services outside the typical package if there’s a strong personal relationship.
Potentially Lower Cost: In some cases, a freelance accountant might offer lower rates due to lower overheads, though this varies widely.

Overall Positioning

Nexus Accounting positions itself as a mid-sized, specialized online accounting firm that aims to combine the personal touch of a local accountant with the efficiency and fixed-fee transparency of a modern online service. Their focus on specific client segments contractors, freelancers, small businesses allows them to tailor their expertise, and their commitment to responsiveness and cloud integration appeals to modern business owners. For those prioritizing a dedicated contact, predictable pricing, and convenient online access, Nexus Accounting appears to be a strong contender in the UK market.

How to Get Started with Nexusaccounting.co.uk

Embarking on a new accounting relationship can feel like a significant step for any business.

Nexus Accounting aims to make this process as straightforward as possible, emphasizing their support from the initial inquiry.

Based on their website, here’s a general roadmap for how a prospective client might get started with Nexus Accounting.

1. Initial Inquiry and Information Gathering

The first step involves reaching out to Nexus Accounting to express interest and gather more specific information relevant to your business needs.

“Get in Touch” Forms: The website prominently features “Get in Touch” buttons and forms. This is typically the easiest way to initiate contact, allowing you to provide a brief overview of your business type limited company, freelancer, etc. and your primary accounting needs.
Direct Contact Details: For those who prefer immediate interaction, Nexus Accounting provides a phone number 0161 791 1674 and an email address [email protected]. Calling directly can allow for a quicker initial discussion about your specific situation.
“Get an instant quote” Feature: This feature suggests a preliminary online tool to help gauge potential costs based on some basic inputs, offering a quick estimate.

2. Initial Consultation and Needs Assessment

Once contact is made, the next phase involves a more detailed discussion about your specific accounting and tax requirements.

Understanding Your Business: Nexus Accounting will likely want to understand the nature of your business, its legal structure sole trader, limited company, approximate turnover, number of employees if any, and current accounting setup.
Tailored Service Discussion: Based on this assessment, they will discuss how their “comprehensive accountancy package” can be tailored to your needs. This is where they would elaborate on what services are included and propose a fixed fee.
Q&A Session: This is your opportunity to ask any questions you have about their services, their processes, their team, and importantly, their approach to Shariah-compliant advice if you are a Muslim client e.g., how they handle interest-free transactions, Zakat calculations, etc..

3. Proposal and Engagement Letter

Following the consultation, Nexus Accounting will typically provide a formal proposal outlining the agreed-upon services and the fixed monthly fee.

Detailed Scope of Work: The proposal should clearly list all the services included in your package e.g., annual accounts, tax returns, VAT, payroll, bookkeeping support.
Terms and Conditions: This will be accompanied by an engagement letter or contract. It is crucial to read this document thoroughly. Pay attention to:
- Service Level Agreements SLAs: What are their response time guarantees?
- Cancellation Policy: What is the notice period for ending the service?
- Fee Structure: Confirmation of the fixed monthly fee and any potential additional charges for out-of-scope work.
- Responsibilities: Clarification of responsibilities between you and the accountant e.g., who provides what data, by when.

4. Onboarding and Data Handover

Once you agree to the terms and sign the engagement letter, the onboarding process begins.

Dedicated Accountant Assignment: You will be assigned your dedicated accountant, who will be your main point of contact.
Cloud Accounting Setup: If you don’t already use cloud accounting software, or if you need to transfer your existing data, your accountant will guide you through setting up or migrating to a platform like FreeAgent.
Data Transfer: You will need to provide them with historical financial data, previous tax returns, company registration details, and any other relevant documents required to get your accounts in order. Your previous accountant if any will typically assist with this transfer.
Introduction to Processes: Your accountant will explain their preferred methods for receiving information e.g., how to send receipts, bank statements, or raise invoices through the cloud software.

5. Ongoing Support and Service Delivery

Once onboarded, your relationship with Nexus Accounting transitions to ongoing support.

Regular Communication: You’ll work with your dedicated accountant, communicating via email, phone, and potentially video calls, to manage your day-to-day accounting needs and address queries.
Proactive Advice: Your accountant should provide proactive advice on tax planning, business expenses, and compliance deadlines.
Timely Filings: They will ensure your VAT returns, payroll, year-end accounts, and tax returns are prepared and filed correctly and on time.

The emphasis on a dedicated accountant and clear communication from the outset suggests a smooth onboarding process focused on building a long-term relationship.

Frequently Asked Questions

What services does Nexusaccounting.co.uk offer?

Nexusaccounting.co.uk offers comprehensive accounting and tax services primarily for small businesses, contractors, freelancers, and locum medical professionals in the UK, including year-end accounts, tax returns, VAT, payroll, bookkeeping support, and tax planning.

Who is Nexusaccounting.co.uk best suited for?

Nexusaccounting.co.uk is best suited for small businesses, contractors, freelancers, and medical professionals who require a dedicated accountant, fixed fees, and efficient cloud-based accounting solutions in the UK.

What is the pricing model for Nexusaccounting.co.uk?

Nexusaccounting.co.uk operates on a fixed-fee pricing model, ensuring transparency and predictability for clients.

For example, their Limited Company package starts from £90 + VAT per month.

Does Nexusaccounting.co.uk offer a free trial?

The website does not explicitly mention a free trial for their ongoing accounting services.

Typically, accounting firms offer consultations rather than free service trials.

How does Nexusaccounting.co.uk handle communication with clients?

Nexusaccounting.co.uk assigns a dedicated accountant to each client, offering unlimited support and guaranteeing responses to emails and calls within 24 hours.

They also provide evening and weekend support by appointment.

What cloud accounting software does Nexusaccounting.co.uk use?

Nexusaccounting.co.uk works with a range of cloud accounting software providers, notably FreeAgent, to manage client accounts efficiently.

Is Nexusaccounting.co.uk only for UK businesses?

Yes, based on the contact information 0161 UK area code and the nature of the services UK tax and accounting compliance, Nexusaccounting.co.uk appears to primarily serve businesses operating in the United Kingdom.

How experienced are the accountants at Nexusaccounting.co.uk?

The website states that their qualified accountants have “years of experience helping businesses” in their target sectors, aiming to provide professional and careful handling of accounts.

Can Nexusaccounting.co.uk help with tax planning?

Yes, Nexusaccounting.co.uk provides a comprehensive service that includes tax planning as a standard offering, aiming to help clients optimize their tax position.

What is included in the Limited Company package from Nexusaccounting.co.uk?

While not exhaustively detailed on the homepage, the Limited Company package typically includes services like year-end accounts preparation, Corporation Tax returns, Self-Assessment for directors, VAT returns if applicable, payroll, bookkeeping support, and ongoing advice.

How do I get an instant quote from Nexusaccounting.co.uk?

You can get an instant quote from Nexusaccounting.co.uk by using the “Get an instant quote” button on their website, which likely prompts you to provide some basic business details.

What if I need support outside of normal business hours?

Nexusaccounting.co.uk offers evening and weekend support by appointment, recognizing that financial issues can arise at any moment for busy professionals.

Does Nexusaccounting.co.uk assist new startups?

Yes, Nexusaccounting.co.uk explicitly states they are there to support businesses “from new startups to established businesses” every step of the way.

How do I contact Nexusaccounting.co.uk?

You can contact Nexusaccounting.co.uk by calling 0161 791 1674, emailing [email protected], or using the “Get in Touch” forms on their website.

Are there any testimonials available for Nexusaccounting.co.uk?

Yes, the Nexusaccounting.co.uk website features several positive testimonials from clients like Steve Watson, Jo Burch, and Janice Reed, praising their service, responsiveness, and value.

Can Nexusaccounting.co.uk help with more than just tax returns?

Yes, they offer a comprehensive range of services beyond just tax returns, including full accounting management, bookkeeping, and advisory services.

What is the advantage of a dedicated accountant with Nexusaccounting.co.uk?

The advantage of a dedicated accountant is having a single, consistent point of contact who understands your business deeply, provides personalized advice, and offers unlimited support.

Is Nexusaccounting.co.uk suitable for sole traders?

While their primary focus is on limited companies, contractors, freelancers, and medical professionals, it’s advisable to inquire directly if their services are tailored for or cost-effective for sole traders, as their “Limited Company” package is prominently featured.

How long does it take for Nexusaccounting.co.uk to respond to inquiries?

Nexusaccounting.co.uk guarantees that all emails and calls will be returned within 24 hours.

How do I cancel my subscription with Nexusaccounting.co.uk?

To cancel your subscription with Nexusaccounting.co.uk, you should refer to your engagement letter or contract for the notice period required and then formally communicate your intention to cancel via email or phone, requesting a written confirmation.

Nexusaccounting.co.uk Reviews