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Accounting For Everyone - Paignton, Torquay & Torbay


About us

About us: We are the newest firm of chartered accountants in Torbay Devon, but with over 10 years in practice we’re not short of experience.

Lead by award-winning accountant, James Twigger, the team will operate from their new offices at Manor Crossroads in Preston, Paignton, as well as satellite offices at the HarbourWorks Torquay and Seaworks in Brixham.

Here on our website, you will find information on our accountancy and business services, including questions that we often find ourselves answering.

You will also find information on the packages that we have available

If you haven't found what you are looking for, need more information or would like to arrange a meeting, please get in touch with us via the contact us page.

Social Media:

In 2014, before setting up Accounting4Everything, James Twigger created #TorbayHour – an online networking opportunity for local business. Following the winter storms in February 2014 in which the Southwest was effectively cut off from many vital transport links, an online campaign was started in an attempt to show the rest of the UK that we were very much still #openforbusiness.

The campaign captured the imagination and enthusiasm of an already burgeoning online community in Torbay and has rapidly grown into a multi-faceted social media and networking organisation. The ethos behind TorbayHour will always remain rooted in promoting Torbay and the local businesses and organisations who exist here. We use our accounts without bias or agenda.

Join us on Twitter every Monday 8-9pm using the #TorbayHour hashtag.

We can also put together bespoke social media training packages for individuals, small independent businesses or staff training for larger companies.

Latest questions and answers

Meet the team

1Why do I need an accountant?

Today’s accountants aren’t simply figures people. An accountant can provide your business with not only bookkeeping and financial services but also a wider overall package of business advice and consultancy.

A good accountant will offer take care of your accounts but also offer advice on how to free up cashflow, make savings and raise capital for expansion. They’ll know tax laws and legislation inside out and will be able to suggest ways that you operate more efficiently and tax savvy

2I want to setup my own business as self-employed, what do I do?

If you want to start working as self-employed, you must register with HM Revenue & Customs, but first make sure you have a National Insurance Number. After the registration, you will receive your Unique Taxpayer Reference (UTR) and HMRC will set up the right tax and National Insurance contributions records.

You should keep your UTR safe because you will need it when completing your Self Assessment tax return.

3Do I have to become a company?

If you wish to trade and do not use a limited company you will be personally liable for the debt of your business. If you have assets or savings they are vulnerable to a claim made against you.

By trading through a limited company you are placing a limit on your liability. That limit is the value of the company, including any money you may have invested in, loaned to or are owing to the company.

The company has a separate legal identity from its owners and directors and unless they sign a personal guarantee for its debts they are not liable for these

4What are the advantages of being a sole-trader?

Here are just a few:

– There are no formation costs – Sole traders are not required by law to have annual accounts nor to file accounts for inspection. However annual accounts are necessary for tax returns – Sole traders are unrestricted in the amount and purpose of borrowings (but cannot create floating charges) – Losses generated by a sole trader can be set against other income of the year or carried back to prior years.

James Twigger

Accountant

01803 500202


For more information on James, click here

Our packages

Online Accounting

£7.50/ monthly

From just £7.50 per month

As we move into an increasingly digital world, including the introduction of HMRC’s Digital Tax accounts, it is essential to keep on top of your accounting obligations.

Online (or ‘Cloud’) accounting enables businesses to access financial data instantly via desktop, laptop, tablet or mobile phone device anywhere with Wi-Fi connectivity.

Tax Returns

£150/ Per Year

Prices from £150

Self-Assessment Tax Return. Price includes:

Completing your tax return – analysing to see where tax savings can be made.

Calculate your tax liability File the return online

Liaise with you on the amounts to be paid and when they are due

Year end accounts

£350/ Per Year

Prices from £350

Year end Accounts:

Whether you are a sole trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be an extremely stressful and time-consuming exercise.

We can offer competitive pricing and offer a professional, friendly service.