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    VMK Accountants Limited: Business Advisors & Tax Consultant
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    Accountants in Wood Green

    Local accountants for Wood Green's retailers, restaurants, freelancers and small Ltd companies. From the Mall to Turnpike Lane, we handle multi-rate VAT, weekly payroll and Self Assessment with fixed monthly fees and direct accountant access.

    Serving Wood Green N22 and surrounding areas

    Accountants who understand Wood Green

    Wood Green (N22) is one of North London's busiest retail and entertainment centres, anchored by The Mall, a thriving independent food and convenience cluster, a strong creative and freelance population, and a deep BTL market across N22 and Turnpike Lane. The area's mix of cash-heavy retail, hospitality and creative SMEs needs accountants who can handle the whole picture.

    We act for dozens of N22 retailers, restaurants, salons and creative freelancers, running weekly payroll, multi-rate VAT, EPOS reconciliation and personal tax. Most of our service runs through Xero, secure portal and Zoom so you stay focused on the shop.

    Accounting & tax services for Wood Green clients

    Whether you need a one-off Self Assessment, a full monthly limited company package or specialist landlord tax advice, our Wood Green clients get the same proactive, fixed-fee service.

    VAT registration and quarterly returns (standard, flat-rate, retail)
    Weekly and monthly PAYE/RTI payroll with auto-enrolment
    Self Assessment for Wood Green sole traders, directors and landlords
    Limited company accounts, Corporation Tax and dividend planning
    EPOS, Square and Zettle reconciliation into Xero
    Bookkeeping on Xero and QuickBooks with monthly management accounts
    Landlord tax, SA105, Section 24 and 60-day CGT
    HMRC enquiries, common in cash-heavy sectors, fully handled

    Seven specialist MTD guides

    Making Tax Digital accountant in Wood Green

    VMK supports landlords, sole traders and VAT-registered businesses in Wood Green (N22)with 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.

    Making Tax Digital for landlords in Wood Green

    Threshold checks, digital rental records, jointly owned property and quarterly update support.

    Read the specialist guide

    Making Tax Digital for sole traders in Wood Green

    Digital self-employment records, MTD start-date checks and help moving from annual bookkeeping.

    Read the specialist guide

    MTD for Income Tax in Wood Green

    The qualifying-income rules, phased thresholds, exemptions and year-end tax-return process.

    Read the specialist guide

    MTD quarterly submissions in Wood Green

    What quarterly updates contain, the update periods and how compatible software sends totals to HMRC.

    Read the specialist guide

    MTD software setup in Wood Green

    Help choosing and configuring compatible software, bank feeds and secure digital links.

    Read the specialist guide

    MTD bookkeeping in Wood Green

    Accurate digital income and expense records that stay ready for quarterly updates and the tax return.

    Read the specialist guide

    MTD for property income in Wood Green

    Organise rents, repairs, agent fees, service charges, finance costs and foreign-property records.

    Read the specialist guide

    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 Wood Green

    VMK supports Wood Green 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.
    HMRC rental-income letter guide Let Property Campaign help

    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.
    India income disclosure guide HMRC Worldwide Disclosure Facility
    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.

    Why Wood Green clients choose VMK Accountants

    Fixed monthly fees, even with weekly payroll and quarterly VAT

    Specialist experience with N22 retail, food and creative SMEs

    Direct accountant access by phone, email and WhatsApp

    Xero Gold Partner with full POS integration

    Year-round proactive tax planning, not year-end only

    Free five-day switch with professional clearance handled

    A real firm, with a named accountant

    VMK Accountants Limited has served clients since 2001 from its Kenton, Harrow office. Director Vipul Katkoria FCCA, MAAT, BSc (Hons) is a named point of contact, while secure cloud systems make it straightforward to work with us from Wood Green.

    About the firmCompanies House record
    Registered company
    04288796
    Office
    Kenton, Harrow HA3 9AB

    Who we help in Wood Green

    Retail & food

    Independent shops, takeaways and salons across N22 and Turnpike Lane.

    Creatives & freelancers

    Designers, photographers and musicians, Self Assessment and Ltd structuring.

    Landlords

    N22 BTL portfolios, Section 24 and CGT planning.

    Owner-managed Ltd

    Director-shareholder accounts, CT600 and dividend planning.

    Wood Green accountants: frequently asked questions

    Related services for Wood Green clients

    VAT AccountantsStandard, flat-rate and retail VAT schemes.Payroll ServicesWeekly RTI payroll for N22 employers.Self AssessmentSA100 returns for Wood Green individuals.Bookkeeping ServicesEPOS reconciliation into Xero.Limited Company AccountantFull Ltd package.Retail sectorInventory, margin and VAT scheme advice.

    Ready to work with an accountant in Wood Green?

    Book a free 30-minute consultation. We'll review your current setup and give you a fixed quote before any work begins, no obligation.

    We Work With Industry-Leading Software

    XeroQuickBooksSageFreeAgentCapiumMoneysoftCCHOdooQuickFileZohoXeroQuickBooksSageFreeAgentCapiumMoneysoftCCHOdooQuickFileZoho
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