Focusaccountancy.co.uk Reviews

Based on checking the website, Focusaccountancy.co.uk appears to be a UK-based accountancy firm specializing in services for contractors, consultants, and freelancers, particularly within the service-based industries.

They aim to simplify accounting and finance for small businesses by offering affordable monthly packages and unlimited email/telephone support, primarily partnering with FreeAgent software.

The firm emphasizes a personalized approach, differentiating itself from larger firms by tailoring services to individual business needs.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

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Focusaccountancy.co.uk Review & First Look

When you first land on Focusaccountancy.co.uk, it’s clear they’re aiming for a no-nonsense, professional vibe. They immediately highlight their niche: accountancy for contractors, consultants, and freelancers. This isn’t a broad-stroke accounting firm. they’re laser-focused on a specific segment, which can be a huge plus if you fall into that category. Their partnership with FreeAgent, a well-known cloud accounting software, is front and center, suggesting a modern, tech-forward approach to bookkeeping and tax management.

Initial Impressions and User Interface

The website is clean and functional, with an intuitive layout that makes it easy to navigate.

You’re not bombarded with flashy graphics or unnecessary clutter.

• Clear Call to Action: Buttons for “Contact Us,” “More Info” on services, reviews, and resources are prominently displayed.
• Specialized Focus: They specifically mention catering to engineers, IT professionals, designers, medical consultants, and more, which helps potential clients quickly identify if they’re a good fit.
• Accessibility: Contact details, including phone number and email, are clearly visible at the bottom of the page, along with operating hours. They also offer Calendly links for Zoom meetings, which is a nice touch for busy professionals.

Transparency and Credibility Signals

Focusaccountancy.co.uk makes an effort to build trust from the get-go.

• Reviews Section: They proudly state being in the “top 1% of the thousands of UK accountants ranked on FreeIndex” and encourage visitors to view their reviews across various platforms. This willingness to showcase external validation is a strong credibility signal.
• Meet the Team: While not extensively detailed on the homepage, there’s a link to “Meet the team,” suggesting transparency about who runs the firm.
• Physical Location: A clear Bristol address is provided, anchoring their presence and indicating they are a legitimate, physical business.

Focusaccountancy.co.uk Pros & Cons

Alright, let’s break down the advantages and disadvantages of Focus Accountancy based on their online presence. Think of it like a quick audit of their offering. Trureleaf.com Reviews

Focusaccountancy.co.uk Pros

From a service perspective, there are several strong points that stand out, especially for their target audience.

• Niche Specialization: They explicitly target contractors, consultants, and freelancers. This isn’t a firm trying to be everything to everyone. Their deep understanding of the unique tax and financial challenges faced by these professionals means tailored advice, which can save a lot of headaches and money down the line. As of 2023, the UK’s contractor market was valued at over £300 billion, indicating a significant need for specialized accounting.
• Fixed Monthly Fees: This is a huge win for budgeting. Their “affordable monthly packages” mean no surprise bills. Knowing exactly what you’re paying each month helps with cash flow management, which is critical for small businesses and self-employed individuals. This model aligns with a growing preference for predictable subscription-based services in the B2B sector.
• Unlimited Support: The promise of “unlimited email and telephone support” is a significant advantage. It means you can ask questions without worrying about being charged for every minute of a conversation, fostering a more open and supportive client relationship. This can be invaluable, especially for those new to self-employment or complex tax situations.
• Cloud-Based Integration FreeAgent: Their partnership with FreeAgent since 2014 demonstrates a commitment to modern, efficient accounting. Cloud software streamlines bookkeeping, invoicing, and expense tracking, making the entire financial process smoother. FreeAgent, for instance, reports that its users spend 144 hours less on admin per year on average.
• Strong Review Presence: Being in the “top 1% of UK accountants on FreeIndex” and having “many great reviews across a variety of platforms” speaks volumes about client satisfaction. This external validation provides a strong indicator of their service quality and reliability.
• Proactive Resources: They offer a “Resources” section with articles on relevant topics and maintain a Twitter presence. This suggests a commitment to educating their clients and keeping them informed about tax changes and best practices.
• Personalized Service: As a “small Bristol based accountancy firm,” they emphasize offering “unique services that fit your business rather than the ‘off the shelf’ stock services.” This bespoke approach can lead to more effective financial strategies for individual clients.

Focusaccountancy.co.uk Cons

While the pros are compelling, there are always areas that might not suit everyone or could be improved.

• Geographic Focus: While they serve clients remotely, their clear emphasis on being a “Bristol based accountancy firm” and offering “free, no-obligation, 1-hour meeting at our Bristol office” might lead some potential clients outside the Bristol area to feel less prioritized or to question their reach.
• Specific Niche May Not Suit All: While their specialization is a pro for their target audience, it means they might not be the best fit for larger corporations, traditional SMEs with complex payroll needs, or businesses outside the service-based industries they typically serve. If you’re a manufacturer or a retail chain, their expertise might not align as well.
• Information Depth on Website: While the website is clean, some sections, like “Meet the team” or even deeper dives into specific services, require clicking through to external pages or sub-sections that aren’t immediately visible from the homepage. More detailed case studies or client testimonials directly embedded could enhance the initial impression.
• Lack of Immediate Pricing Transparency: While they mention “affordable monthly packages” and a “free, no-obligation, 1-hour meeting to discuss what you need and give you a detailed and personalised quote,” specific package prices aren’t readily available on the homepage. While personalized quotes are good, a basic range or example packages could help potential clients gauge affordability before committing to a meeting.

Focusaccountancy.co.uk Alternatives

If Focus Accountancy doesn’t quite fit your needs, whether due to location, software preference, or specific business type, the good news is the UK market is rich with accounting firms.

Here are some alternatives, keeping in mind that the best fit often depends on your specific requirements and budget.

General Cloud Accounting Firms

These firms often leverage popular cloud accounting software and cater to a broad range of small businesses and freelancers. Housfy.com Reviews

• Crunch Accounting:

  • Focus: A major player in the UK, specifically targeting freelancers, contractors, and small businesses.
  • Software: Built around their proprietary Crunch software, which integrates with FreeAgent, Xero, and QuickBooks.
  • Services: Offers various packages from basic bookkeeping to full tax compliance and advice, with different levels of support. They also have a strong online resource hub.
  • Pros: Well-established, extensive online resources, scalable packages, good for those seeking a one-stop-shop with integrated software.
  • Cons: Can be more expensive than very small, local firms, their proprietary software might be a hurdle if you prefer a different platform.

• FreeAgent Accountants via their directory:

  • Focus: While not a single firm, FreeAgent maintains a directory of accountants who are experts in their software. This allows you to find firms similar to Focus Accountancy that are deeply integrated with FreeAgent.
  • Software: Exclusively FreeAgent.
  • Services: Varies by firm, but generally covers all aspects of self-employed and small business accounting using FreeAgent.
  • Pros: Guaranteed expertise in FreeAgent, a wide choice of firms across the UK.
  • Cons: Requires searching through a directory, quality and pricing will vary significantly between firms.

• Xero Certified Accountants via their directory:

  • Focus: Similar to FreeAgent, Xero has a large network of certified partners. If Xero is your preferred software, finding an accountant through their directory ensures expertise.
  • Software: Exclusively Xero.
  • Services: Comprehensive accounting services leveraging Xero’s features.
  • Pros: Access to a vast network of Xero-proficient accountants, ideal if you’re already on Xero.
  • Cons: Again, quality and pricing are firm-dependent.

Local & Niche Specific Firms

Sometimes, a local presence or an even more niche focus is what you need.

• Local Chartered Accountants: Cardfactory.co.uk Reviews

  • Focus: Many small and medium-sized chartered accountancy firms exist in every town and city across the UK.
  • Services: Offer a full range of services, from basic tax returns to complex corporate finance, often with a personal touch.
  • Pros: Proximity for in-person meetings if desired, deep local market knowledge, potentially more flexible service offerings.
  • Cons: May not always be as tech-savvy with cloud software, pricing models can vary hourly vs. fixed fee, finding the right one requires local research.
  • How to find: Google Maps “accountants near me,” local business directories, or referrals.

• Accountants specializing in specific industries e.g., Creatives, IT, Medical:

  • Focus: Beyond general contractors, some firms specialize in even narrower niches e.g., “accountants for doctors,” “accountants for artists”.
  • Services: Highly tailored advice on industry-specific tax regulations, grants, and financial planning.
  • Pros: Unparalleled expertise in your exact field, potentially identifying unique tax efficiencies.
  • Cons: Fewer options available, may come at a premium due to specialized knowledge.

DIY Accounting Software

For those on a very tight budget or with extremely simple financial situations, managing your own books with software might be an option, though caution is advised for tax compliance.

• FreeAgent Direct Subscription:
  • Focus: Designed for freelancers, contractors, and small businesses to manage their own finances.
  • Services: Invoicing, expense tracking, VAT, payroll, self-assessment, and corporation tax filing.
  • Pros: Full control, cost-effective if you’re comfortable doing it yourself, user-friendly interface.
  • Cons: Requires significant time and effort, no direct professional advice, easy to make mistakes if you’re not an expert, lacks the strategic insights an accountant provides. This is purely a tool, not a service.
  • Important Note: While it’s cheaper, relying solely on software without professional advice for tax matters can lead to errors, missed deductions, or penalties. The average penalty for a late self-assessment tax return in the UK is £100 instantly, escalating with time.

When evaluating alternatives, consider:

• Your budget: Fixed fees vs. hourly rates.
• Your business complexity: Simple sole trader vs. limited company with employees.
• Your software preference: Do you want to use Xero, QuickBooks, FreeAgent, or something else?
• Your desired level of support: Do you need unlimited advice, or just annual tax filing?
• Location: Do you prefer a local firm, or are you happy with a fully remote service?

How to Cancel Focusaccountancy.co.uk Subscription

Based on the information available on Focusaccountancy.co.uk, the cancellation process isn’t explicitly detailed on their main public-facing pages.

This is fairly standard for professional services firms, as subscriptions are typically ongoing service agreements rather than simple click-to-cancel software subscriptions. Shop.marideruta.com Reviews

However, based on common practices within the accountancy industry and the nature of their service, here’s a breakdown of how you would likely approach canceling your agreement with Focus Accountancy:

Understanding the Service Agreement

When you engage with an accountancy firm like Focus Accountancy, you enter into a formal engagement letter or service agreement. This document is crucial and will outline:

• Notice Period: Most accountancy firms require a notice period for cancellation, typically 30 to 90 days. This allows them time to complete any outstanding work, prepare handover documents, and ensure your financial affairs are in order before they cease acting for you.
• Outstanding Fees: The agreement will detail any fees due upon cancellation, such as charges for work completed up to the cancellation date, or fees for specific annual compliance tasks that might be in progress.
• Handover Procedures: How they will transfer your accounting records, tax codes, and other relevant information to you or your new accountant.

Action Item: Your first step should always be to locate and review your original engagement letter with Focus Accountancy. This document is your primary guide. If you don’t have a copy, contact them to request one.

Steps to Cancel Your Subscription/Service

Assuming you have a service agreement, here are the general steps to follow:

1. Review Your Engagement Letter: As mentioned, this is paramount. Understand the notice period and any associated terms.
2. Initiate Contact Officially: Do not just stop paying. Send a formal email or letter to Focus Accountancy stating your intention to cancel your services.
   • Email: Use the official email address provided on their website e.g., [email protected].
   • Subject Line: Make it clear, e.g., “Notice of Service Cancellation – – “.
   • Content: Clearly state your intention to terminate services, effective on a specific date allowing for the notice period. You may also request details on the handover process.
   • Example Language: “Please accept this email as formal notification of my intention to terminate the accounting services provided by Focus Accountancy for , effective . Please advise on the next steps for transferring my accounting records and any outstanding matters.”
3. Confirm Notice Period Compliance: Ensure your requested termination date respects the notice period outlined in your agreement. If it’s a 30-day notice and you send the email on the 1st of the month, the termination would typically be effective on the 30th or 31st of that month.
4. Discuss Handover and Outstanding Work: Focus Accountancy will likely respond to your cancellation notice to discuss the handover process.
   • They will need to reconcile your accounts up to the termination date.
   • They will need to prepare a “disengagement letter” or “cease to act” letter for HMRC and Companies House.
   • They will also need to provide you with access to your FreeAgent data or export it for your new accountant.
   • Be prepared to pay for any services rendered up to the effective termination date, as well as any fees for the handover process if stipulated in your agreement.
5. Engage New Accountant if applicable: If you are moving to a new accountant, inform them of your intention to switch. Your new accountant will typically handle the professional clearance process, formally requesting your records from Focus Accountancy. This is a standard procedure between accounting firms.

Key Takeaway: Cancellation of professional accounting services isn’t an instant ‘click-and-done’ process. It requires formal communication, adherence to contractual notice periods, and careful coordination to ensure a smooth transition of your financial records and tax responsibilities. Always communicate clearly and in writing. Gaswarm.com Reviews

Focusaccountancy.co.uk Pricing

Based on the Focusaccountancy.co.uk website, specific, transparent pricing tiers are not publicly displayed. This is a common practice among professional accountancy firms, especially those offering tailored services. Instead, they operate on a “personalised quote” model.

Here’s what the website states about their pricing:

• “Almost all of our work is charged at an ongoing monthly fee based on how much you’d like us to do.”
• “We offer a free, no-obligation, 1-hour meeting at our Bristol office to discuss what you need and give you a detailed and personalised quote.”

Why No Public Pricing?

There are several reasons why accountancy firms, including Focus Accountancy, choose not to publish fixed price lists:

1. Tailored Services: Every contractor, consultant, or freelancer has unique needs.
   • Complexity: A sole trader with a simple income stream has different requirements than a limited company with multiple income sources, VAT registration, and payroll.
   • Volume: The number of transactions, invoices, and expenses can vary widely, directly impacting the accountant’s workload.
   • Add-on Services: Some clients might only need annual tax filing, while others require ongoing bookkeeping, quarterly VAT returns, payroll, business advice, or even help with grant applications.
   • Historical Data: New clients might have messy historical records that require more initial cleanup work.
2. Value-Based Pricing: Instead of charging by the hour for every interaction, many modern accountancy firms aim for value-based pricing. This means the fee reflects the value they provide e.g., tax savings, time saved, peace of mind rather than just the time spent. A fixed monthly fee encourages clients to reach out with questions without fear of additional charges.
3. Competitive Sensitivity: Publishing prices openly might make them less competitive or harder to adjust based on market conditions or specific client circumstances.

How to Get a Quote

To get a precise understanding of what Focus Accountancy would charge for your specific needs, you’ll need to follow their stated process:

1. Contact Them: Use their contact form, email [email protected], or call them 0117 290 0007.
2. Arrange the Free Meeting: Schedule the “free, no-obligation, 1-hour meeting” which can be in their Bristol office or presumably via Zoom as they offer Calendly links for Barry and Greg.
3. Discuss Your Needs: During this meeting, be prepared to discuss:
   • Your business structure sole trader, limited company, partnership.
   • Your annual turnover.
   • The services you require e.g., annual accounts, corporation tax, self-assessment, VAT returns, payroll, bookkeeping, business advice.
   • Your current accounting situation e.g., do you use FreeAgent already? Are your books tidy?.
   • Any specific challenges or goals you have.

Based on this discussion, Focus Accountancy will then provide you with a detailed and personalized monthly quote. 3qsports.co.uk Reviews

General Pricing Expectations for UK Accountants

While Focus Accountancy’s specific prices aren’t public, based on industry averages for UK contractor/freelancer accountants, you might expect:

• Sole Trader/Freelancer Basic: £40 – £100 per month for self-assessment, basic advice.
• Limited Company Contractor/Consultant: £100 – £250+ per month for annual accounts, corporation tax, self-assessment, VAT, payroll for director, FreeAgent integration, ongoing support.
• Additional Services: Payroll for employees, complex advisory, and specialist reports would likely incur additional charges or be bundled into higher-tier packages.

Conclusion on Pricing: Focus Accountancy follows a common industry model of bespoke pricing. While it requires an initial consultation, this approach ensures you get a quote tailored precisely to your business’s complexity and the level of support you need, rather than a generic package that might not fit.

Focusaccountancy.co.uk vs. Crunch Accounting

When you’re a contractor, consultant, or freelancer in the UK, choosing the right accountant is a significant decision.

Two notable players in this space are Focusaccountancy.co.uk and Crunch Accounting.

Both cater to similar audiences but offer different approaches and scales. Sipsberlin.com Reviews

Let’s break down how they stack up against each other.

Focusaccountancy.co.uk

• Strengths:

  • Personalized, Local Feel: Being a smaller, Bristol-based firm, they emphasize a more bespoke service. Their website highlights that they can offer “unique services that fit your business rather than the ‘off the shelf’ stock services that you might expect in larger firms.” This can appeal to those who prefer a closer relationship with their accountant.
  • Unlimited Support Email/Phone: Their promise of unlimited support within their monthly packages is a strong selling point, ensuring clients feel comfortable reaching out with questions without incurring extra charges.
  • Deep FreeAgent Integration: They’ve partnered with FreeAgent since 2014, suggesting a deep expertise in that particular cloud accounting software. If you’re already a FreeAgent user or plan to be, this is a distinct advantage.
  • Strong Client Reviews: Their claim of being in the “top 1% of the thousands of UK accountants ranked on FreeIndex” and having “many great reviews across a variety of platforms” indicates high client satisfaction.
  • Fixed Monthly Fees: Offers predictability for budgeting.

• Potential Considerations:

  • Geographic Perception: While they serve clients remotely, their strong emphasis on “Bristol” and offering in-person meetings might give the impression they’re primarily a regional firm, which could deter some UK-wide clients.
  • Software Lock-in: Their primary focus on FreeAgent might not suit businesses already using or preferring Xero, QuickBooks, or other platforms.
  • Scale: As a smaller firm, they might have less capacity or fewer specialized departments compared to larger, more established players, though this can also be a pro for personalized service.

Crunch Accounting

*   Established and Scalable: Crunch is one of the largest and most well-known online accountants for freelancers and contractors in the UK. They have a significant client base, suggesting robust systems and processes.
*   Proprietary Software with Integrations: Crunch has developed its own accounting software, which is designed specifically for their target audience. This platform integrates with other popular tools like FreeAgent, Xero, and QuickBooks, offering more flexibility.
*   Wide Range of Packages: They offer various packages, from basic compliance to comprehensive advisory services, allowing businesses to scale their accounting support as they grow.
*   Extensive Resources and Community: Crunch has a vast library of online resources, guides, and often runs webinars, providing significant educational value for their clients. They also have a strong online community presence.
*   Dedicated Account Managers: Many of their packages offer a dedicated account manager, providing a consistent point of contact.

*   Less "Local" Feel: As a larger, more national online firm, some clients might miss the very personal, localized touch that a smaller firm like Focus Accountancy might offer.
*   Pricing: While competitive, their packages can sometimes be perceived as more expensive than very basic services offered by smaller firms, especially for those with extremely simple financial affairs.
*   Software Dependency: While flexible, using their proprietary software might be a hurdle for some who prefer widely adopted third-party solutions.
*   Customer Service Perception: With a larger client base, some online reviews for large firms can occasionally mention feeling like "just another number" or experiencing slower response times, though this is not universal.

Who is Best for Whom?

• Choose Focusaccountancy.co.uk if:

  • You are a contractor, consultant, or freelancer and prefer a more personal, boutique experience with your accountant.
  • You are in or near Bristol and value the option of in-person meetings.
  • You are already using FreeAgent or are happy to switch to it, as they have deep expertise.
  • You appreciate unlimited support and predictable monthly fees without hidden charges for questions.
  • You value strong client satisfaction as evidenced by positive reviews.
• Choose Crunch Accounting if: Hdhhddee.online Reviews

  • You are a contractor, freelancer, or small business looking for a large, well-established, and scalable online accounting solution.
  • You want a firm with flexible software integration their own platform plus Xero/QuickBooks/FreeAgent.
  • You value extensive online resources and educational content.
  • You are comfortable with a primarily online interaction and potentially a larger, more structured support team.
  • You need a firm that can easily grow with your business through various package tiers.

Ultimately, both firms offer excellent services for their target audience.

The best choice depends on your personal preferences for scale, software, interaction style, and whether a local connection is important to you.

It’s often worthwhile to have introductory calls with both to see which firm’s culture and approach resonate more with your needs.

The Focus App: Features and Utility

Focus Accountancy highlights “The Focus App” on their website, presenting it as a valuable tool for their clients. While the details provided are concise, they point to a strong utility for small business owners, contractors, and freelancers who need quick access to financial insights and decision-making tools.

Key Features Mentioned:

• Up-to-Date Tax Rates: Access to current income tax rates, VAT rates, National Insurance contributions, and corporation tax rates is incredibly useful. This eliminates the need to constantly search HMRC websites or wait for your accountant to confirm basic figures. For example, knowing the latest corporation tax rates currently a main rate of 25% for profits over £250,000 and a small profits rate of 19% for profits up to £50,000 in 2023-24 at your fingertips can aid planning.
• Range of Intelligent Calculators: This is arguably the most impactful feature for quick decision-making. The website specifically mentions two key calculator examples:
  • “Should I get a company car?”: This calculator would help users weigh the tax implications and financial benefits/drawbacks of purchasing a car through their limited company versus personally. It would likely consider benefit-in-kind BIK taxes, capital allowances, fuel costs, and VAT implications.
  • “Should I be trading as a sole trader or a limited company?”: This is a fundamental decision for many freelancers and contractors. The calculator would likely analyze factors like projected income, administrative burden, tax liabilities income tax vs. corporation tax + dividends, National Insurance, and personal liability. For instance, a sole trader earning £50,000 in profits might pay different overall tax and NI compared to a limited company director taking a small salary and dividends. The app would help compare these scenarios.

Utility for Clients:

The Focus App appears designed to empower Focus Accountancy’s clients by providing them with immediate, practical financial tools and information. Narenos.com Reviews

• Empowerment and Information: It puts essential tax information and decision-making tools directly into the client’s hands, reducing reliance on constant accountant queries for basic information. This aligns with modern client expectations for self-service tools.
• Proactive Planning: The calculators specifically encourage proactive financial planning. Instead of just reacting to tax bills, clients can use the app to model different scenarios e.g., impact of a new expense, benefit of switching business structure before making major financial commitments.
• Time-Saving: Quick access to tax rates and decision tools saves clients time they would otherwise spend researching or waiting for an accountant’s response on straightforward queries.
• Enhanced Client Experience: Providing a dedicated app can enhance the overall client experience, making the firm feel more modern and client-focused. It creates a convenient hub for basic financial inquiries.

Technical Aspect and Integration:

While not explicitly detailed, it’s highly probable that “The Focus App” is a branded version of a third-party white-label accountant app solution e.g., MyFirmsApp, TaxDome client app. These platforms allow accounting firms to offer a customized app experience to their clients, integrating various tools and content.

• Integration with FreeAgent: Given Focus Accountancy’s strong partnership with FreeAgent, it’s plausible the app might have some level of integration or at least complementary functionality with FreeAgent data, though this isn’t stated on the homepage.
• Security: Any such app would need robust security features to protect sensitive financial data.

In essence, The Focus App positions Focus Accountancy as a forward-thinking firm that provides its clients with more than just traditional accounting services. they offer tools to help clients make smarter, more informed business decisions on the go.

Engineer Accountant & Software Developer Accountant Services

Focusaccountancy.co.uk specifically highlights their services for engineers and software developers, indicating a specialized understanding of these professions’ unique accounting and tax needs. This niche focus is a significant advantage for individuals working in these fields.

Why Specialization Matters for Engineers and Software Developers

They face specific considerations that a general accountant might overlook:

• IR35 Off-Payroll Working Rules: This is arguably the most critical and complex area for UK contractors in these sectors. IR35 determines if a contractor is a ‘deemed employee’ for tax purposes, significantly impacting their tax liability. An accountant specializing in this area can provide crucial guidance on:
  • Contract Review: Assessing contracts for IR35 status.
  • Working Practices: Advising on how to structure engagements to fall outside IR35.
  • CEST Tool: Guiding on the use of HMRC’s Check Employment Status for Tax CEST tool.
  • Due Diligence: Helping clients gather evidence to defend their IR35 status if challenged. In 2023, HMRC estimated potential tax losses from non-compliance with IR35 at £1.2 billion annually, highlighting the complexity and importance of expert advice.
• Allowable Expenses: Knowing what expenses can be claimed is vital. For engineers and developers, this might include:
  • Training and Professional Development: Costs for courses, certifications, or software licenses relevant to their work.
  • Equipment: Laptops, specialized software, monitors, and other necessary tools.
  • Professional Indemnity and Public Liability Insurance: Essential for contractors.
  • Travel and Subsistence: Expenses incurred while working away from a permanent workplace.
• Business Structure Advice: Guiding whether to operate as a sole trader or a limited company, especially as income grows. For example, a limited company offers greater tax efficiency for higher earners e.g., over £30,000-£40,000 annually due to corporation tax rates and dividend taxation, but also comes with more administrative burden.
• Research & Development R&D Tax Credits: Many software developers and engineers engage in activities that qualify for R&D tax credits, which can provide significant tax relief or cash payments. An accountant specializing in these sectors is more likely to identify eligible activities and help navigate the complex claim process. HMRC reported £7.6 billion in R&D tax relief claimed in 2021-22, demonstrating its potential impact.
• Specific Industry Terminology and Business Models: An accountant familiar with the engineering and software development industries will understand common contract types, project structures, and revenue models, leading to more relevant and accurate advice.

Services Tailored for These Professions

Focus Accountancy likely provides the following services specifically honed for engineers and software developers: Includedhealth.com Reviews

• IR35 Compliance and Advisory: Proactive advice to help clients manage their IR35 risk.
• Company Formation & Setup: Guidance on forming a limited company and ensuring it’s structured tax-efficiently from the outset.
• Annual Accounts & Corporation Tax: Preparation and submission of statutory accounts and corporation tax returns, optimized for their income and expenses.
• Self-Assessment Tax Returns: For directors’ personal tax affairs, including dividends and salaries.
• VAT Registration & Returns: Advice on flat rate scheme vs. standard VAT, and efficient submission of returns.
• Payroll: For directors’ salaries and any employees.
• FreeAgent Integration: Leveraging FreeAgent to streamline bookkeeping, invoicing, and expense tracking, which is particularly beneficial for professionals who prefer to focus on their core work rather than admin.
• Ongoing Business & Tax Planning: Strategic advice on profit extraction, pension planning, and other tax efficiencies relevant to high-earning professionals.

This specialization can lead to more accurate advice, greater tax efficiency, and peace of mind for clients.

Graphic Designer Accountant & Physiotherapist Accountant Services

Beyond engineers and software developers, Focusaccountancy.co.uk also highlights their expertise in serving graphic designers and physiotherapists. This further demonstrates their commitment to niche specialization within the service-based industries. Each of these professions has distinct financial characteristics and tax considerations that a generalist accountant might not fully grasp.

Why Specialization Matters for Graphic Designers

Graphic designers, whether freelance or running a small agency, operate within a creative industry with unique income streams, expenses, and intellectual property considerations.

• Project-Based Income & Irregular Cash Flow: Many graphic designers work on a project basis, leading to fluctuating income. An accountant familiar with this can help with budgeting, tax provisioning, and managing cash flow peaks and troughs.
• Intellectual Property IP & Royalties: Designers often create IP, and may earn royalties or licensing fees. Understanding the tax treatment of these income streams is crucial.
• Software & Equipment Costs: Significant expenses can include design software subscriptions e.g., Adobe Creative Cloud, which can cost hundreds per year, high-spec computers, graphics tablets, and specialist printing equipment. Maximizing claims for these is vital.
• Professional Indemnity Insurance: Essential for protecting against claims of negligence or errors in their work.
• Client Invoicing & Payment Terms: Advice on structuring invoices, late payment enforcement, and international payments if working with overseas clients.
• VAT Registration: Guidance on when to register for VAT, and whether the standard or Flat Rate Scheme is more beneficial for their specific business model. Many designers deal with business-to-business B2B clients, making VAT an important consideration.
• R&D Tax Credits Less Common but Possible: While less common than in tech, some innovative design projects could potentially qualify for R&D tax credits, which an industry-aware accountant might identify.

Focus Accountancy’s likely services for graphic designers would include: streamlined invoicing often via FreeAgent, expense tracking for software and equipment, cash flow management advice, VAT compliance, and optimal business structure recommendations tailored to a creative practice.

Why Specialization Matters for Physiotherapists

Physiotherapists, particularly those in private practice, face a different set of financial and regulatory challenges, often involving complex income structures and strict professional regulations. Digitalschooldelhi.com Reviews

• Mixed Income Streams: Physiotherapists might earn income from private consultations, NHS contracts, insurance company billings, and perhaps even product sales. Reconciling these diverse income streams accurately is complex.
• Medical Professional Expenses: Specific allowable expenses include:
  • Medical Equipment & Supplies: Physiotherapy beds, electrotherapy machines, exercise equipment, and consumables.
  • Professional Registrations & Memberships: Fees for bodies like the Health and Care Professions Council HCPC and the Chartered Society of Physiotherapy CSP.
  • Continuous Professional Development CPD: Costs for specialized courses and training to maintain licensure and skills.
  • Medical Malpractice Insurance: Crucial for all healthcare professionals.
• VAT Exemption for Medical Services: Many core physiotherapy services are exempt from VAT, but understanding the nuances e.g., if selling certain products is vital to avoid errors. HMRC guidance on medical services and VAT is often complex.
• Business Structure Advice: Deciding between sole trader, limited company, or partnership, especially for multi-practitioner clinics.
• IR35 Considerations for Locum Work: Physiotherapists undertaking locum or contract work might also face IR35 rules, similar to engineers, requiring expert guidance.
• Record Keeping for Regulatory Compliance: Beyond tax, physiotherapists have stringent record-keeping requirements for patient care, and an accountant can advise on systems that satisfy both tax and professional obligations.

Focus Accountancy’s likely services for physiotherapists would focus on: precise income categorization, optimization of medical-specific expense claims, VAT exemption advice, seamless record-keeping with FreeAgent, and strategic business advice for practice growth and compliance.

Contacting Focusaccountancy.co.uk

Connecting with Focusaccountancy.co.uk appears straightforward, with multiple channels designed for client convenience.

They understand that potential clients, especially busy contractors and freelancers, need flexible and accessible ways to get in touch.

Primary Contact Methods:

1. Telephone:

   • Number: 0117 290 0007
   • Operating Hours: 8 am-6 pm Mon-Fri, 9 am-12 pm Sat.
   • Note: They explicitly state, “We welcome calls on 0117-2900007 from clients without the need for an appointment.” This is a significant plus, offering immediate access for quick questions or initial inquiries without the formality of scheduling.

2. Email: Course4u.co.uk Reviews

   • Address: [email protected]
   • Purpose: For general inquiries, sending documents, or initiating a discussion about your requirements. Email is often preferred for non-urgent communication or when you need to provide detailed information.

3. Contact Form:

   • Location: Available directly on their “Contact Us” page.
   • Utility: A convenient way to send a structured message from the website, ensuring all necessary initial information name, email, message is captured. This is good for those who prefer not to use their personal email client immediately.

4. Scheduled Zoom Meetings Calendly:

   • Availability: Links provided to “Meet with Greg” and “Meet with Barry.”
   • Purpose: This is ideal for scheduling a dedicated, in-depth discussion about your specific accounting needs. It allows you to block out a specific time slot that works for both parties, ensuring focused attention. This is particularly useful for the “free, no-obligation, 1-hour meeting” they offer to discuss requirements and provide a personalized quote.

Physical Location:

• Address: 1 Lindsay Road, Bristol, BS7 9NP
• Purpose: While they serve clients remotely across the UK, having a physical office in Bristol means local clients have the option for in-person meetings, especially for the initial consultation. This can build trust and facilitate deeper discussions for those who prefer face-to-face interaction.

Social Media Presence:

• Twitter: They encourage visitors to “Follow us on Twitter to stay up to date with the latest posts.” This indicates an active presence on at least one social media platform, providing another channel for updates and general engagement, though typically not for direct, confidential accounting queries.

What to Expect When Contacting Them:

• Initial Inquiry: Whether by phone, email, or form, your initial contact will likely be to ascertain your general needs and determine if their services are a good fit.
• Discovery Meeting: If there’s a potential match, they will encourage you to book the free 1-hour meeting. This is your opportunity to outline your business, current accounting situation, and what you’re looking for from an accountant.
• Personalized Quote: Following this meeting, they will provide a detailed, personalized monthly quote based on your specific requirements.

The multiple contact options demonstrate Focus Accountancy’s commitment to accessibility and client convenience.

For busy professionals, having options from quick calls to scheduled video meetings and email provides flexibility in how they engage with their potential or existing accountants.

Frequently Asked Questions

What is Focusaccountancy.co.uk?

Focusaccountancy.co.uk is a UK-based accountancy firm specializing in providing financial and tax services for contractors, consultants, and freelancers, particularly within service-based industries. Lustrar.net Reviews

Who is Focusaccountancy.co.uk best suited for?

They are best suited for contractors, consultants, freelancers, and small businesses in service-based industries, including engineers, software developers, graphic designers, IT professionals, medical consultants, and physiotherapists.

Does Focusaccountancy.co.uk offer fixed monthly fees?

Yes, based on their website, Focusaccountancy.co.uk charges almost all of their work at an ongoing monthly fee, based on the scope of services required.

What accounting software does Focusaccountancy.co.uk primarily use?

Focusaccountancy.co.uk has partnered with FreeAgent since 2014, indicating a primary focus on and expertise in this cloud accounting software.

How can I get a quote from Focusaccountancy.co.uk?

You can get a personalized quote by scheduling a free, no-obligation, 1-hour meeting with them, either at their Bristol office or remotely via Zoom.

Does Focusaccountancy.co.uk offer unlimited support?

Yes, their website states they offer unlimited email and telephone support as part of their affordable monthly packages. Symlexvpn.com Reviews

Where is Focusaccountancy.co.uk located?

Their physical office is located at 1 Lindsay Road, Bristol, BS7 9NP, UK.

Can Focusaccountancy.co.uk help with IR35?

Yes, given their specialization in contractors and consultants especially engineers and software developers, it is highly probable they offer expert advice and guidance on IR35 compliance.

What is “The Focus App”?

“The Focus App” is a tool offered by Focusaccountancy.co.uk that provides clients with tax tips, up-to-date tax rates, and intelligent calculators, such as deciding between being a sole trader or a limited company, or whether to get a company car.

Is Focusaccountancy.co.uk well-reviewed?

Yes, they claim to be in the “top 1% of the thousands of UK accountants ranked on FreeIndex” and have many great reviews across various platforms.

What are Focusaccountancy.co.uk’s operating hours?

Their telephone lines are open from 8 am-6 pm Monday-Friday and 9 am-12 pm on Saturday. Jtpierpointutilities.co.uk Reviews

How do I contact Focusaccountancy.co.uk?

You can contact them by phone 0117 290 0007, email [email protected], through their website contact form, or by scheduling a Zoom meeting via Calendly.

Do they serve clients outside of Bristol?

Yes, while based in Bristol and offering in-person meetings, their services are suitable for contractors and freelancers across the UK, leveraging cloud accounting and remote communication.

Does Focusaccountancy.co.uk handle payroll?

While not explicitly detailed on the homepage, accountancy firms for limited companies typically handle director’s payroll and often payroll for employees as part of their comprehensive service packages.

Can Focusaccountancy.co.uk help with VAT returns?

Yes, as a full-service accountancy firm for businesses, they would typically handle VAT registration, quarterly VAT returns, and advice on schemes like the Flat Rate Scheme.

How do I cancel my Focusaccountancy.co.uk subscription/service?

Cancellation typically involves reviewing your original engagement letter for notice periods, sending a formal written notice email or letter, and coordinating the handover of your financial records. It’s not a simple click-to-cancel process.

Does Focusaccountancy.co.uk help with R&D tax credits?

Given their specialization in tech and creative industries engineers, software developers, graphic designers, it’s highly likely they assist eligible clients with claiming R&D tax credits.

What kind of “Resources” does Focusaccountancy.co.uk offer?

They regularly write articles on a wide range of relevant topics for small businesses, accessible through their website and promoted via their Twitter account.

Does Focusaccountancy.co.uk provide business advisory services?

Yes, their personalized approach and offering of tools like “The Focus App” suggest they go beyond mere compliance to offer strategic business advice relevant to their niche clients.

Are there alternatives to Focusaccountancy.co.uk?

Yes, alternatives include larger online accounting firms like Crunch Accounting, other FreeAgent or Xero certified accountants found via their directories, or local chartered accountancy firms, depending on your specific needs and preferences.