Accountants in Uxbridge
If you’re searching for a reliable firm of Chartered Accountants in Uxbridge, you’ve landed on the right page.
For over 20 years, Passman Leonard has proudly served the Uxbridge community and its surrounding areas. Our experienced team of accountants in Uxbridge are dedicated to providing expert tax advice, strategic business planning, and comprehensive financial solutions tailored to the unique needs of both individuals and businesses.
Conveniently located in Uxbridge, we are easily accessible for clients seeking professional accountancy services with a personal touch.
Our range of services
Sole Traders: Whether you’re launching a new venture or managing an established business, keeping your financial affairs in order is key. Our start-up and sole trader services help you stay compliant with HMRC, manage your tax return, and enhance your tax efficiency.
From self-assessment tax returns to payroll services, VAT filings, and cloud accounting software integration, we offer the support you need to run your business smoothly.
Limited Companies: A successful business planning strategy relies on accurate financial management. Our experienced auditors and accountants provide expert guidance on corporation tax returns and financial advice to help you meet your business objectives.
We assist with Xero for efficient online financial management, ensuring real-time reporting and seamless integration with your operations. Whether you need monthly compliance support or collaboration with your in-house bookkeeping team, we offer flexible solutions.
Business Accounting Advice: Hiring an accountant isn’t just about compliance—it’s a strategic investment. Our expertise in tax planning ensures that you claim all available reliefs, reducing your taxes while freeing up time to focus on growth.
Our team keeps you updated with the latest regulatory changes, providing tailored financial advice that supports sustainable business development.
Self-Assessment Tax Returns: Filing a self-assessment tax return can be complex, but with expert support, you can avoid costly mistakes and unnecessary tax payments. Our chartered accountants ensure compliance while helping you take advantage of available allowances and deductions.
Property Tax Planning for Landlords: Property taxation can be overwhelming, but with the right tax advice, you can minimise your tax liabilities and protect your investments. We provide specialist property tax planning services, including capital gains tax assessments and ownership structuring advice.
Whether you own rental properties personally or operate through a limited company, our team will help you navigate tax obligations efficiently.
Tax Planning & Consulting: For high-net-worth individuals, proactive tax planning is crucial for wealth preservation. Our accountants specialise in self-assessment, income tax, capital gains tax, and estate planning, ensuring you remain compliant while reducing overall tax exposure.
Choosing accountants with years of experience and professional accreditations, such as ICAEW or ACCA, ensures that you receive the highest standard of service.
From tax forecasting to compliance and assessment appeals, we offer expert tax return assistance tailored to property owners and investors. Our services include:
- Capital Gains Tax planning
- Ownership structure optimisation
- Tax return preparation
- Let Property Campaign disclosures
- Worldwide tax disclosures
We ensure that your investment strategy remains tax-efficient, supporting long-term financial success.
Starting a new business? Our business startup services help you establish a solid financial foundation, from company formation to selecting the right business bank account and optimising your accounting needs.
Our accountants in Uxbridge provide guidance on business planning, financial forecasts, and securing investment. Additionally, we assist with payroll services, VAT returns, and cloud accounting software integration to streamline operations.
By working with a trusted accountancy services provider with years of experience, you can ensure that your financial processes are set up correctly from the start, helping you focus on growing your business.
Why Choose Us
We provide a full spectrum of accounting services, offering more than just standard financial support. Our expertise extends from bookkeeping and tax returns to management accounting, financial planning, and business consultancy, ensuring tailored solutions for every client.
Our approach is built on transparency and reliability, with clear, competitive pricing and a commitment to meeting every deadline. You can trust our experienced accountants to deliver accurate, timely, and compliant financial reporting, giving you complete confidence in your business’s financial health.
With a team of highly skilled financial and management accountants in Uxbridge, we are always available to provide expert tax advice, assist with business planning, and support your growth strategy. Whether you require guidance on self-assessment, payroll services, or navigating complex tax regulations, we’re here to help.
We work with businesses across a wide range of industries, understanding the unique challenges and opportunities they face. Our goal is to provide proactive financial insights and strategic expertise to drive your business forward, ensuring long-term stability and success.
Contact us today for a consultation info@passmanleonard.co.uk | 01895 434515
Paul Watson - Director
FCA, FCCA. BEng (Hons)
Hi, I’m Paul, one of Passman Leonard’s partners and one of the main points of contact for our clients. I am a Chartered Certified Accountant, bringing over 20 years of experience in financial accounting, business analysis, and advisory roles.
I also help oversee our marketing and business development efforts, drawing on my involvement previously with various BNI groups.
Throughout my career, I’ve worked with a diverse range of companies - from small startups to PLCs - including respected firms like Grant Thornton and Clydesdale Bank. My goal is to provide practical, grounded financial advice that helps clients achieve their objectives.
Outside of work, I enjoy cycling, kayaking, racing karts, and watching F1 - anything on wheels. I also love spending quality movie nights with my family.
Puja Shah – Director
FCCA, CTA.
Hello, I’m Puja, one of the partners at Passman Leonard. My key responsibilities and strengths are as a specialist tax advisor. I have experience in managing and closing HMRC investigations and complex queries.
My expertise in tax enables me to make a positive financial contribution to our clients’ business growth by carefully managing their tax liabilities through my deep understanding of regulations, reliefs and allowances.
Neil Shah - Director
Bsc Econ, FCCA
Hi, I’m Neil. I’m one of the partners at Passman Leonard and a chartered certified accountant with more than 20 years of experience. I work closely with our SME clients and make sure they feel supported and confident in their finances as well as meet their statutory compliance requirements.
Apart from number crunching I also enjoy exploring all things Tech for the practice and clients. Whether it’s testing new tools, improving systems, or just making sure everything runs smoothly, I’m always looking for ways that technology can make work more efficient for us and our clients.
When not working, I am a big sports fan and will watch and/or play almost any competitive sport, as long as it does not involve wheels! I also enjoy hiking, travelling and spending time with family and friends.
Google Reviews
Case Study – Uxbridge November 2023 – Let Property Campaign
In the letter, HMRC states that the client is a landlord. The client did not do anything with the letter until 6 months later, when HMRC started to chase for the information.
We need to consider how HMRC received the above information? One possible way is that when a property is sold, the Land Registry informs HMRC. HMRC then, via the National Insurance number for the seller, could check the record, date of birth, address of the taxpayer.
If there is more than one address for the taxpayer, that could lead to a prompt by HMRC stating that ‘we have information that you may have rented a property/were a landlord and you may to bring your tax affairs up to date’.
For our client, it was true that they had received rental income for a property that they were letting, but they had not declared this to HMRC by submitting accounts. Our first call to action was to call HMRC and inform them that we will be dealing with this case.
We followed this with the form 64-8 (authorising us to act as agents on behalf of the client). The reason for this is so that HMRC can communicate with us directly, and we can communicate with our client when needed. This ensures that the initial anxiety and stress experienced by our client is reduced going forward as the communication with HMRC is dealt with by us as part of our accounting services.
We gathered all the information required to complete the self-assessment tax returns required by HMRC, from when the property was first rented to when it was sold. We requested information from the client such as rental income and expense statement from the estate agent, mortgage interest paid, any expenses paid by the client personally for the rental property per tax year.
Once we had this, we prepared the profit and loss from the rental property per tax year, prepared the tax calculations per tax year by including all other income earned per tax year in addition to the rental property. Once it had been communicated to the client, the overall tax liability, we completed the disclosure with HMRC via the Let Property Campaign.
The reason for this is that the overall penalties are potentially less compared to filing late self-assessment tax returns, as the maximum penalty for late filing of self-assessment tax returns can be £1,600 per tax year!
One point to note, which HMRC are very precise on, is that once the taxpayer admits that they have to bring their tax affairs up to date, they have 90 days to complete the disclosure and pay the additional tax, penalty and interest per tax year.
Under the Let Property Campaign route, penalties are charged depending on whether it was a prompted or unprompted disclosure, the number of months the disclosure was submitted after the deadline and whether it was deliberately not disclosed, or whether there was a reasonable excuse for the non-disclosure in the first place.
For our client, the penalty range was a prompt disclosure as HMRC had written to them, that they had information, the disclosure was more than 12 months after the deadline per tax year, the client had a reasonable excuse for the non-disclosure in the first place.
The penalty range was 20%-30% per tax year. However, this can be reduced by telling, helping and co-operating with HMRC. The reasonable excuse was that the client was looking after their sick parent, and due to the time taken to care for the family member, the client’s tax affairs were not up to date.
The overall result was that HMRC accepted the reasonable excuse for the non-disclosure of the rental profit per tax year. They did not take the stance that the returns were deliberately not submitted which would have resulted in higher penalties.
If you are looking for proactive local accountants in Uxbridge for your let properties, payroll services for your businesses, tax planning, cloud accounting software, start up support or any other type of accounting services, you have come to the right place.
Get in touch today with your accountancy questions for Passman Leonard Chartered Accountants via email info@passmanleonard.co.uk or call on 01895 434515. We deal with companies not only in Uxbridge, but right across the United Kingdom.
Make an Initial Enquiry
Get in touch on 01895 434515
Areas we cover:
Greater London • Chelsea • Chiswick • Fulham • Hammersmith • Kensington • Slough • Uxbridge