Accounting Services For Digital, New Media & Creative Businesses
...we speak your language
As accountants for the digital, new media and creative industries, we see how quickly the industry changes – you need flexibility as your business grows and changes at such a fast pace. We understand that your business simply won’t have time for accounting and keeping up with compliance or regulation changes. That’s why we believe you need to pick an accounting partner like Warr & Co to assist in your growth and to look after the financial aspects of running a successful business.
At Warr & Co we treat every business as an individual – you’re never just a number on a spreadsheet to us. You’ll work with an assigned, experienced chartered accountant who will not only provide exactly what you need, they’ll also be proactive in helping you get the most out of your business.
Enquire below to arrange a free no-obligation consultation with one of our company directors, who will run you through the services we offer and help you understand why Warr & Co are the right partners for your business.
Specialist Digital, New Media & Creative Accountants
Rather than offering a conveyor belt service, we look at each business we work with as an individual, offering a tailored accountancy service to suit your business needs. The services we offer include:
- Company formation
- Advice on bookkeeping
- HMRC registrations covering PAYE, VAT and Corporation Tax
- Advice on tax efficient share structure and remunerations
- Assistance with VAT and PAYE filing
- Assistance with financial planning including referrals to IFAs
We can either provide a pay-as-you-go style service, or an accounting package. With pay-as-you-go, you would pick and choose (with our guidance) the services that will help you run your business. With an accounting package, you would have one monthly fee for all the services necessary for you to run your business over the coming years – the advantage of this is a steady payment plan, with no surprises.
Additional Relevant Information For Digital, New Media & Creative Businesses
What Is Professional Indemnity Insurance?
Professional indemnity insurance is the most important type of insurance that your small business should have. This type of insurance protects you against claims made by clients or customers.
Professional indemnity insurance will cover you and your business from the every-day risks that can come with being a small business. Imagine a mistake has been made in a project you’ve completed in the past. Now imagine the costs that are potentially applicable in correcting that mistake, and the loss which your client or customer could have incurred as a result – the bigger your client or customer, the more you could potentially be liable for.
While it’s worth noting that these cases are rare, they do happen every year. Without professional indemnity insurance, you and your business are at huge risk with every new contract you undertake. Insurance is an affordable and tax-deductible safety net for your business.
Why Do We Recommend Professional Indemnity Insurance?
If an occasion should arise where you and your client enter a dispute over an error made, work standards, or expectations, your business needs to be protected from a potential claim. It’s worth noting that even if you are in no way at fault, a claim could still be made against your business, resulting in you having to defend yourself at your own cost.
Professional indemnity insurance protects you from some of the costs associated, which is why the team at Warr & Co believe this is an essential requirement for your growing business.
Warr & Co have teamed up with Caunce O’Hara – business insurance specialists – to offer professional services to our client base. Caunce O’Hara, a top 100 independent broker, were selected by our board of directors for their expertise in the small business market combining decades of specialist experience. In addition, the team at Caunce O’Hara provide a 24/7 easy purchase option. Simply fill your details in to obtain a quote and click to begin your policy.
We can’t stress enough the importance of protecting your business with professional indemnity insurance. Please click the link below to visit Caunce O’Hara for a free no-obligation quote now.
*By clicking the link above you understand that you will be directed to a third party website. If you choose to proceed to purchase insurance products from Caunce O’ Hara, Warr & Co will receive commission for your purchase, and by clicking this link, you agree that Warr & Co Limited may retain this. For example should you purchase a professional indemnity insurance policy for £200 (net of IPT) Warr & Co would receive £15 as commission.
What Is A Tax Enquiry?
A Tax Enquiry is an HMRC investigation into your businesses taxes. Often this is not a simple process; the investigative team from HMRC may want paperwork and face-to-face meetings to discuss your business taxes.
Anyone can be subject to an HMRC enquiry, and you must comply by law. They can target any business they wish to and do not have to have a reason to target your business, meaning that they can open an enquiry even if you’ve done nothing wrong.
This is troubling for businesses, and especially small businesses. The cost of defending your company in a tax enquiry with HMRC is significant and can easily run into thousands of pounds, in addition it’s not unusual for enquiries to last months or even years. So you need a good accountant on your side to defend you and ensure no errors are made on your behalf throughout the investigation.
What’s Included In The Tax Enquiry Service?
Warr & Co will deal with all HMRC correspondence on your behalf, we will prepare and defend your case, and we will negotiate the best possible outcome for you wherever necessary.
Did you know? Even if you are not at fault and have had no errors in your business taxes, the costs of defending your business in an HMRC enquiry are not refunded. Unfair, yes, but that’s exactly why this add-on service is highly recommended to all of our business clients.
For one small annual fee, your business is covered in case HMRC decides to open an enquiry for your business. Whatever the outcome, you’re safest if you have our Tax Enquiry Service on your side.
We have plenty of information, including a downloadable leaflet about tax enquiries and pricing for this service, on the link below.
Book A Free Accounting Services Consultation Now
Digital, New Media & Creative Accounting Client Testimonials
“We're an extremely busy digital marketing consultancy business, we knew we'd never have the time or know-how to handle our business finances, so we got in touch with Warr & Co. From the initial consultation we were put at ease that the accountants we're working with are experienced and proactive, they made so many recommendations and as a result we're getting so much more out of our business that we never knew we could do before. We would recommend Warr & Co to anyone who knows they're not getting 110% from their business finances at the moment, it's worth the effort to get it taken care of by the professionals.“Laura Caulton, Unicorn Marketing Ltd