Business Details
40 Years
experience
Trusted Accountants in Lake, Isle of Wight
Established in 1986, we are a well-established accountancy firm based in Lake on the Isle of Wight. Our team of qualified professionals delivers comprehensive accountancy, taxation, payroll, and advisory services to sole traders, partnerships, and limited companies. With over three decades of combined experience, we prioritise timely advice, compliance expertise, and client accessibility, responding to all inquiries within 24 hours. Our services include CIS returns, VAT management, capital gains tax advice, and company secretarial support, alongside cash flow forecasting and management accounts.We maintain a strong commitment to the local community, ensuring our practice decisions reflect positive contributions to the Isle of Wight. Our team includes two directors and five staff members, all trained to provide seamless service continuity. We have actively supported Making Tax Digital since its inception, offering compliance solutions and client training. Our office operates Monday to Friday, 9:00am to 5:00pm, with appointments available upon request.
Services
Accounting & Taxation
Bookkeeping
Payroll Services
Construction Industry Scheme
Company Secretarial
VAT Management
Capital Gains Tax Advice
Cash Flow Forecasting
Details
- Year established: 1986
Highlights and features
- We respond to all client inquiries within 24 hours.
- Our team includes licensed and regulated accounting professionals.
- We have supported Making Tax Digital compliance since 2019.
- Three staff members are trained in each service area for continuity.
- We combine 30+ years of local business experience with technical expertise.
Associations and certifications
- Association of Accounting Technicians
What people say
Prompt responses
Technical expertise
Local knowledge
Seamless service
Services
Accounting & Taxation
We provide comprehensive accounting and taxation services for businesses and individuals. Our expertise covers statutory reporting, tax planning, and compliance with HMRC requirements. Clients benefit from accurate, timely submissions and strategic advice to optimise financial outcomes.
Payroll Services
Our fully managed payroll bureau ensures compliance with auto-enrolment and employment regulations. We handle salary calculations, tax deductions, and reporting to reduce administrative burdens. Clients receive accurate, on-time payroll processing with expert support for employer obligations.
Construction Industry Scheme
We manage CIS returns, subcontractor verification, and deduction statements for construction businesses. Our service ensures compliance with HMRC's CIS scheme, simplifying tax reporting for contractors and subcontractors while minimising errors and penalties.
Company Secretarial
We handle registered office services, statutory records, and Companies House filings. Our support includes share transfers, confirmation statements, and compliance with corporate governance requirements. Clients benefit from accurate record-keeping and timely regulatory submissions.
VAT Management
We provide VAT registration, return preparation, and compliance advice for businesses. Our service includes cash accounting scheme support and Making Tax Digital compliance. Clients receive efficient VAT management to reduce liabilities and ensure HMRC adherence.
People
Selina Powder
Accountant
Licensed by the Association of Accounting Technicians, Selina has led the firm since 2015. With expertise in accountancy and tax compliance, she ensures high-quality service delivery while maintaining a strong focus on client relationships.
Lorna Hennings
Accountant
A qualified AAT member since 2018, Lorna oversees payroll, CIS, and VAT services. With extensive experience in accountancy, she provides technical expertise and ensures seamless service continuity for clients.
Janice Dent
Accountant
A qualified accountant with specialist knowledge in accounts and taxation, Janice joined in 2019. Her approachable manner and technical proficiency support clients with complex financial compliance requirements.
Questions
What accounting services do you offer?
We provide full accounting, taxation, payroll, CIS returns, VAT management, and company secretarial services for businesses and individuals.
Are you regulated by any professional bodies?
Yes, our team includes members licensed by the Association of Accounting Technicians, ensuring compliance with professional standards.
How do you support Making Tax Digital compliance?
We have supported MTD compliance since 2019, offering software solutions, training, and HMRC submission assistance for VAT and income tax.
What areas do you serve?
We primarily serve businesses and individuals on the Isle of Wight, with remote support available for clients elsewhere in the UK.
How quickly do you respond to client inquiries?
We respond to all emails and phone calls within 24 hours, ensuring timely support for urgent and routine matters.
