Business Details
5 Years
experience
Trusted Accountants for Small Businesses Across the UK
Forbes Young is a small business accounting firm that prioritises the individual behind the numbers. Established to provide a modern alternative to traditional accounting services, we specialise in building long-term relationships with our clients rather than offering generic solutions. Our team of dedicated professionals ensures clients receive same-day responses to queries, with each client assigned a personal partner who manages their accounts consistently. Operating across the North, Midlands, and South of England, we serve sole traders, small businesses, contractors, and freelancers. Our expertise spans IR35 compliance, tax planning, and financial strategy tailored to the unique needs of each client.We differentiate ourselves through a commitment to transparency, avoiding the 'one-size-fits-all' approach common in the industry. With offices in Newcastle, Leeds, Manchester, Birmingham, and London, we combine local accessibility with national reach. Our accreditation as a FreeAgent Practitioner demonstrates our technical proficiency while maintaining a client-first ethos. We focus on simplifying complex financial processes, allowing business owners to concentrate on growth rather than administrative burdens.
Services
Annual Accounts
Company Formation
Personal Tax Service
Tax Planning
VAT
Details
- Year established: 2021
Highlights and features
- We assign a dedicated accounting partner to each client
- We guarantee same-day responses to all client inquiries
- Our team specialises in IR35 compliance for contractors
- We tailor services to individual business needs rather than offering generic solutions
- We operate with complete transparency and no hidden fees
Associations and certifications
- FreeAgent Practitioner
What people say
Dedicated accounting partner
Same-day responses
IR35 expertise
Transparent pricing
Nationwide accessibility
Services
Annual Accounts
We prepare comprehensive annual accounts that meet statutory requirements while providing actionable financial insights. Our service includes balance sheet preparation, profit and loss statements, and detailed financial analysis. Clients receive clear explanations of their financial position to support informed business decisions.
Company Formation
Our company formation service handles all legal requirements for registering new businesses. We guide clients through entity selection, complete Companies House registrations, and set up appropriate accounting systems. This includes advising on tax implications and creating tailored financial frameworks for new ventures.
Personal Tax Service
We manage personal tax obligations for business owners and contractors. This includes income tax returns, capital gains tax planning, and self-assessment submissions. Our approach ensures compliance while identifying legitimate tax-saving opportunities specific to each client's circumstances.
Tax Planning
Our tax planning service develops proactive strategies to minimise tax liabilities within legal frameworks. We specialise in contractor tax solutions, dividend planning, and business expense optimisation. Clients receive ongoing advice to adapt to changing tax regulations and business conditions.
VAT
We handle all aspects of VAT registration, returns, and compliance. Our service includes determining registration requirements, completing quarterly returns, and advising on VAT-efficient pricing strategies. We help businesses navigate complex VAT regulations while maintaining HMRC compliance.
Questions
What makes Forbes Young different from other accountants?
We focus on building personal relationships rather than offering generic solutions. Each client receives a dedicated accounting partner who provides tailored advice and same-day responses to queries.
Do you specialise in any particular type of business?
We specialise in serving small businesses, contractors, and freelancers across various industries, with particular expertise in IR35 compliance and contractor tax matters.
Can you help with tax planning for new businesses?
Yes, we provide comprehensive tax planning services for new businesses, including entity selection, initial tax registrations, and ongoing tax efficiency strategies tailored to your specific circumstances.
How quickly will you respond to my queries?
We guarantee same-day responses to all client inquiries, with your dedicated accounting partner available to address concerns promptly through preferred communication channels.
Do you offer nationwide services?
Yes, we operate across the UK with physical offices in Newcastle, Leeds, Manchester, Birmingham, and London, providing both local accessibility and national service coverage.
What accounting software do you use?
We are accredited FreeAgent Practitioners and work with this cloud-based accounting software, which allows for seamless collaboration and real-time financial management for our clients.
