VMK Accountants Limited: Business Advisors & Tax Consultant
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    Serving clients across London Bridge & Southwark

    Accountants & Tax Advisers in London Bridge and Southwark

    VMK Accountants works with SMEs, consultants, agencies, property businesses, hospitality operators, ecommerce brands and professional firms across London Bridge, Southwark, Bermondsey, Borough Market, Waterloo, Elephant & Castle and Bankside (SE1). Fixed-fee, cloud-first accounting for owner-managed businesses south of the river.

    Led by Vipul Katkoria FCCA, MAAT Fixed monthly fees Hospitality and ecommerce experience Xero, QuickBooks & FreeAgent HMRC correspondence support

    Quick answers about VMK Accountants in London Bridge and Southwark

    Who are we? VMK Accountants Limited, a registered UK accountancy firm led by Vipul Katkoria FCCA, MAAT, BSc (Hons).

    Where do we work? Across SE1, London Bridge, Southwark, Bermondsey, Borough Market, Waterloo, Elephant & Castle, Bankside and More London.

    Who do we help? SMEs, consultants and agencies around More London and Bermondsey Street, hospitality operators around Borough Market, ecommerce brands, and professional service firms.

    What do we specialise in? VAT on food and drink, tips/tronc payroll for hospitality, Shopify/Stripe/Amazon reconciliation for ecommerce, and monthly management accounts for agencies.

    How much? We review transaction volume, sales channels, payroll, VAT and reporting requirements, then provide a fixed written quotation before starting.

    Supporting SMEs across London Bridge and Southwark

    SE1 has a genuinely mixed business community, professional service firms around More London and the Shard, agencies and consultancies in the office space around Borough and Bermondsey Street, hospitality operators around Borough Market and Flat Iron Square, ecommerce and creative studios around Bankside, and property clients across the wider Southwark postcodes. We prepare year-end accounts and CT600 returns, run monthly payroll, file quarterly VAT under Making Tax Digital, and complete director and personal self assessments.

    Hospitality, ecommerce and agency clients in SE1

    For hospitality clients we handle daily takings postings, tips and tronc payroll (properly structured so tips don't attract employer NIC where the scheme qualifies), VAT on food and drink (standard vs zero-rated split), and staff auto-enrolment. For ecommerce brands we integrate Shopify, Stripe, Amazon and PayPal feeds into Xero for proper bookkeeping, gross-margin visibility and clean VAT, including OSS and IOSS where you sell into the EU. Agencies typically want monthly management accounts, project-based revenue reporting, deferred-revenue on retainers and clean year-end filings, which is where we spend most of our SE1 time.

    Records needed for mixed-channel VAT and bookkeeping

    Hospitality and ecommerce records are strongest when till or point-of-sale reports, delivery-platform statements, card-processor settlements, bank feeds, refunds, chargebacks, stock data, payroll and tronc records are kept together. Businesses selling abroad should also retain destination, customer-status and marketplace evidence relevant to VAT, OSS or IOSS. We reconcile gross sales to the net cash received so fees and refunds are visible rather than lost in a single bank deposit.

    A monthly close that supports business decisions

    A useful monthly close reconciles each bank and payment platform, posts payroll and VAT, reviews debtors and creditors, checks stock or work in progress, and explains unusual movements. For hospitality that can expose labour and food-cost pressure; for ecommerce it can show gateway fees, returns and channel margin; for agencies it can distinguish delivered work from deferred retainers. We agree the reporting timetable and outputs to match the records available.

    Why London Bridge and Southwark businesses choose VMK

    Fixed monthly fees agreed up front, direct access to a qualified accountant and a modern cloud-accounting setup that keeps the records current rather than waiting until year-end. We track the agreed filing timetable and help prepare responses when HMRC writes, so directors can focus on running the business.

    Seven specialist MTD guides

    Making Tax Digital accountant in London Bridge and Southwark

    VMK supports landlords, sole traders and VAT-registered businesses in London Bridge and Southwarkwith Making Tax Digital. We check whether and when MTD applies, set up compatible software, organise digital records and support quarterly updates and the final tax return. Landlords receive property-specific help for rental income, joint ownership, portfolios and foreign property.

    Current MTD for Income Tax rules

    MTD for Income Tax applies in phases to eligible sole traders and landlords with qualifying gross self-employment and property income over £50,000 from 6 April 2026, over £30,000 from 6 April 2027, and over £20,000 from 6 April 2028. We check the relevant tax return, combined qualifying income and any exemption before recommending software or registration.

    Check GOV.UK guidance

    Confidential HMRC disclosure support

    Undeclared rental and India income help for London Bridge and Southwark

    VMK supports London Bridge and Southwark clients who have discovered missing income or received an HMRC letter. We establish the relevant years, income sources, ownership and filing history before calculating a defensible UK tax position and selecting the appropriate response or disclosure route.

    Landlord disclosure

    HMRC letter about undeclared rental income

    Help for landlords with two, five, ten or more potentially undeclared years, whether the property is in the UK or overseas. The correct route depends on the complete HMRC letter, whether returns were filed, when letting began and why the income was omitted.

    • Review the letter, response date, ownership and tax-return history.
    • Reconstruct rent and allowable costs from bank, agent, mortgage and property records.
    • Prepare the appropriate returns, amendments or Let Property Campaign disclosure.

    India and overseas disclosure

    HMRC letter about income or assets in India

    UK-side support where Indian income was omitted, including fixed-deposit interest, NRO, NRE or FCNR accounts, Indian property rent, dividends, investments, pensions and capital gains. Holding an account is not itself the tax calculation; residence, source, remittance rules and each tax year must be reviewed.

    • Review HMRC correspondence and UK residence for each affected year.
    • Reconcile Indian bank statements, FD certificates, TDS, Form 26AS or AIS and property records.
    • Calculate sterling figures, consider treaty relief and prepare the correct UK return or Worldwide Disclosure Facility submission.
    Before responding: keep the complete HMRC letter and envelope, avoid guessing figures, and gather the records you already have. VMK advises on the UK tax and disclosure position; Indian tax returns or legal work may require an appropriately qualified adviser in India.

    What's included

    Core services

    • Limited company accounts
    • Corporation tax returns (CT600)
    • VAT returns under Making Tax Digital
    • Payroll and PAYE (weekly or monthly)
    • Bookkeeping in Xero / QuickBooks
    • Self assessment tax returns

    Sector-specific work

    • Hospitality VAT & tronc payroll
    • Shopify / Stripe / Amazon reconciliation
    • OSS / IOSS for EU ecommerce
    • Agency project revenue reporting
    • Landlord and property tax
    • HMRC enquiries and compliance
    • Making Tax Digital setup

    Who we help

    • SMEs and owner-managed businesses
    • Consultants and agencies
    • Hospitality and food businesses
    • Ecommerce and DTC brands
    • Property businesses and landlords
    • Professional service firms

    Established and accountable

    Advice from a registered London accountancy firm

    VMK Accountants Limited has served clients since 2001. The firm is based in Kenton, Harrow and is led by Vipul Katkoria FCCA, MAAT, BSc (Hons), giving clients a named, qualified point of contact for their accounts and tax work.

    Registered company
    VMK Accountants Limited
    Company no. 04288796
    Established
    17 September 2001
    Kenton, Harrow office

    How it works

    1. 1

      Business review

      We understand the sales channels, payroll, VAT and reporting priorities.

    2. 2

      Records check

      We assess the bank, till, platform and accounting data available.

    3. 3

      Written scope

      You receive clear responsibilities, outputs and a fixed quotation.

    4. 4

      Cloud onboarding

      We arrange clearance and establish the bookkeeping and filing timetable.

    Frequently asked questions

    Do you support clients in London Bridge and Southwark?+

    Yes. We support SE1 clients across London Bridge, Southwark, Bermondsey, Borough Market, Waterloo, Elephant & Castle and Bankside through secure remote onboarding and cloud accounting.

    Do I need a local accountant in SE1?+

    No. Most of our SE1 clients work with us fully remotely, a physical office visit isn't required for onboarding, filings or HMRC matters.

    How much do London Bridge accountants cost?+

    The fee depends on transaction volume, sales channels, payroll frequency, VAT and reporting requirements. We review the scope first and provide a fixed written quotation before any work begins.

    Can you handle tips and tronc for a Borough Market restaurant?+

    Yes. We set up a compliant tronc scheme, handle troncmaster reporting and run tips through payroll so, where the scheme is properly structured, tips don't attract employer NIC.

    Can you reconcile Shopify, Stripe and Amazon for my ecommerce brand?+

    Yes. All connect as bank feeds into Xero, with automated reconciliation of gateway fees, refunds, chargebacks and FX. VAT is calculated on the correct place-of-supply basis (UK, OSS, IOSS).

    Can you handle VAT on food and drink?+

    Yes. We handle the standard/zero-rated split on eat-in vs takeaway, hot vs cold food, alcohol, service charge and delivery, and pick the right VAT scheme (standard, flat-rate or retail) for your setup.

    Can you produce monthly management accounts for an agency?+

    Yes. The reporting pack can include a profit and loss account, balance sheet, work in progress, project margin, deferred revenue and cash flow where the underlying records support them. We agree the contents and delivery timetable in the engagement scope.

    Can you help with an HMRC VAT visit or enquiry?+

    Yes. We prepare records in advance, attend the visit under our agent authorisation, and handle any follow-up correspondence directly with HMRC on your behalf.

    How do I switch from my current SE1 accountant?+

    Once the scope and fee are agreed, we request professional clearance, review the accounting data and arrange HMRC agent authorisation. Timing depends on how quickly records and clearance are received.

    Do you provide Making Tax Digital support in London Bridge and Southwark?+

    Yes. VMK helps London Bridge and Southwark landlords and sole traders check when MTD for Income Tax applies, choose compatible software, keep digital records, send quarterly updates and complete the year-end tax return.

    Can you help London Bridge and Southwark landlords with MTD for property income?+

    Yes. We help organise digital rental-income and expense records, including jointly owned and foreign property, and check the qualifying-income threshold and start date before registration.

    Can you help if HMRC writes about undeclared rental income in London Bridge and Southwark?+

    Yes. We review the complete HMRC letter and deadline, establish the affected properties, owners and tax years, reconstruct the rental figures and prepare the appropriate return, amendment or disclosure.

    Can you help London Bridge and Southwark residents disclose fixed-deposit interest or other income from India?+

    Yes. VMK handles the UK-side review of Indian fixed deposits, bank interest, property rent, investments, pensions and gains. We check residence and filing history before deciding whether returns, amendments or the Worldwide Disclosure Facility are appropriate.

    VMK Accountants Ltd

    17 Hunters Grove, Kenton, Harrow HA3 9AB

    Speak to a London Bridge accountant today

    Whether you need help with hospitality VAT, ecommerce bookkeeping, agency management accounts or an HMRC enquiry, we can help. Book a free, no-obligation 30-minute consultation.

    We Work With Industry-Leading Software

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