Do you support Shoreditch and Old Street businesses?+
Yes. We support startups, agencies and freelancers across Shoreditch, Old Street, Hoxton, Clerkenwell and Farringdon through secure remote onboarding and cloud accounting.
Do I need a local accountant near Old Street?+
No. Most Shoreditch and Old Street work can be completed through our secure portal, cloud accounting and video meetings. In-person appointments are available at our Kenton office when needed.
How much do Shoreditch startup accountants cost?+
The fee depends on transaction volume, payroll, VAT, fundraising, share schemes and reporting needs. We review the scope first and provide a fixed written quotation before any work begins.
Can you help with SEIS and EIS advance assurance?+
Yes. We prepare the advance assurance application, coordinate with your legal team on qualifying trade and share terms, and handle the subsequent SEIS1/EIS1 compliance certificates once shares are issued to investors.
Can you handle R&D tax relief for a SaaS company?+
Yes, where the project and costs meet the statutory conditions. We review eligibility, prepare the technical narrative and cost analysis, complete the additional information form and report the claim with the Corporation Tax return. The benefit varies and cannot be estimated responsibly until the facts are reviewed.
Can you set up an EMI share option scheme?+
Yes. We handle the qualifying-company review, the market-value share valuation submitted to HMRC, the scheme rules and grant paperwork, and the annual ERS return once options are granted.
Can you produce monthly management accounts for investors?+
Yes. The reporting pack can include a profit and loss account, balance sheet, cash flow, recurring-revenue measures and cash-runway analysis where the underlying records support them. We agree the contents and delivery timetable in the engagement scope.
Do you handle Stripe, Wise and PayPal in the books?+
Yes. All connected as bank feeds into Xero, with automated reconciliation of Stripe fees, refunds, chargebacks and FX so gross profit and VAT are correct at month-end.
Do you handle self assessment for founders with vested options?+
Yes. We include employment income, dividends, EMI option exercises, capital gains on share disposals and any startup salary top-up correctly on SA100.
How do I switch from my current 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 Shoreditch and Old Street?+
Yes. VMK helps Shoreditch and Old Street 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 Shoreditch and Old Street 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 Shoreditch and Old Street?+
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 Shoreditch and Old Street 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.
