Chartered Accountants in Bethnal Green
Chartered Certified Accountants for Bethnal Green’s independent shops, cafes, makers and freelancers.
E2 runs on small independent business. Bethnal Green Road, Columbia Road, the arches and the streets around them hold a very high density of one and two person operations — florists, furniture makers, coffee shops, barbers, vintage dealers, designers — most of which are genuinely good businesses run by people with no particular appetite for accounting.
MSCO is a firm of Chartered Certified Accountants ten minutes away on Mile End Road. We handle accounts, self assessment, corporation tax, VAT, payroll and bookkeeping for E2 businesses, on fixed fees with a free first meeting.
- Chartered Certified Accountants
- Providing a first-class service since 2007
- Fixed fees agreed in advance
- Free initial consultation
What we do
Accountancy services for Bethnal Green businesses and individuals
Whatever stage you are at, we cover the full range of compliance and advisory work from our office a short journey from Bethnal Green:
Year-end accounts
Statutory accounts prepared and filed at Companies House, with the numbers explained in plain English.
Bookkeeping
Cloud bookkeeping on Xero, QuickBooks or Sage so your figures are current, not six months old.
Payroll
RTI payroll, pensions auto-enrolment, payslips and P60s handled every pay run.
VAT returns
Registration, scheme selection and Making Tax Digital compliant quarterly filing.
Tax returns & self assessment
Personal and business tax returns prepared, checked for reliefs and filed before the deadline.
Business start-ups
Company formation, HMRC registrations and the structure decisions that are hard to unwind later.
Sole traders
Straightforward accounts and tax for self-employed people, including CIS subcontractors.
Compliance
Confirmation statements, Companies House filings and HMRC correspondence kept on schedule.
Who we help
Bethnal Green businesses we work with
The pattern in Bethnal Green is a lot of businesses sitting just below or just above the point where things get complicated. Sole traders who should probably be limited companies but have never checked. Traders approaching the VAT threshold without tracking it. Shops taking on a first employee and discovering PAYE. Market and Sunday-trade businesses with a cash element that needs recording properly. None of it is hard to fix early and all of it is annoying to fix late.
- Independent shops and market traders on Bethnal Green Road and Columbia Road
- Cafes, bakeries and small food businesses across E2
- Furniture makers, ceramicists and other makers working from arches and studios
- Designers, illustrators and freelance creatives
- Barbers, salons and personal service businesses
- Landlords letting flats and shop premises in E2
Why MSCO
Why Bethnal Green clients choose MSCO
We keep it proportionate. A one-person business does not need monthly management accounts and a quarterly board pack, it needs its tax right, its deadlines met and someone to call. That is what the fixed fee buys, and it does not quietly grow every year without anyone telling you.
- Chartered Certified Accountants, providing a first-class service since 2007
- Free initial consultation with no obligation and no sales pressure
- Fixed fees agreed in advance, so there is never a surprise invoice
- A named accountant who answers the phone, not a ticket queue
- We handle the switch from your current accountant, including the professional clearance letter
- Xero, QuickBooks and Sage certified, with in-person or video meetings as you prefer
Local expertise
Local knowledge, not a call centre
The question we answer most often in E2 is whether to incorporate. There is no universal answer. Above roughly the mid-tens of thousands in profit a limited company often wins on tax, but it also brings public accounts, more filings, a higher fee and less flexibility about taking money out. If you are a maker with variable income and no plans to hire, staying a sole trader can be the better call. We will show you the comparison on your own numbers.
Local proof
The work we do in Bethnal Green
Two situations that come up repeatedly here, and how they are usually dealt with:
Independent shops and makers in E2
The question we answer most in Bethnal Green is whether to incorporate. There is no threshold that settles it. Above roughly the mid-tens of thousands in profit a limited company often wins on tax, but it brings public accounts, more filings and less flexibility about taking money out. For a maker with uneven income and no plans to hire, staying a sole trader is frequently the better answer, and we will show you the comparison on your own figures rather than a rule of thumb.
Sunday market and part-week traders
Columbia Road and the surrounding markets throw up a specific problem: businesses that trade two or three days a week with a real cash element. HMRC’s concern with cash is always completeness, and a simple daily takings record that matches your banking is far more persuasive than a reconstruction done a year later. Setting that up properly at the start is most of the work.
Our credentials
Who prepares your accounts
MSCO Accountants has provided a first-class accountancy service since 2007. The practice is led by Moshin Miah, LLB(Hons), FCA, FCCA, a Chartered Accountant listed with the ICAEW and a Fellow of both the ICAEW and ACCA, admitted in 2011 and holding a current practising certificate. Work is carried out in accordance with applicable UK tax, Companies House and professional accountancy requirements.
- London clients500+
- Small businesses150+
- Sole traders100+
- Start-ups75+
- Payroll clients50+
- Trading since2007
What clients say
Client feedback
Very professional and friendly team. They have helped me in a lot of ways and now I feel like my business is in safe hands now. I wouldn’t go anywhere else.
Sam
Before meeting MSCO, taxes were a headache for me. This company has helped me a lot in all kind of taxes without any kind stress — really appreciate them.
Kamran
Find us
Our East London office
We work with Bethnal Green clients from our office at Suda House, 100 Mile End Road, London E1 4UN — a few minutes from Stepney Green and Mile End Underground stations, on the A11. Street and paid parking is available nearby. Appointments are recommended, and full directions, parking and transport detail are on our directions page.
Common questions
Accountants in Bethnal Green – frequently asked questions
Should I become a limited company or stay a sole trader?
It depends on your profit level, whether you need to retain money in the business, and how much administration you are willing to take on. We run both scenarios on your actual figures and show you the difference in pounds, including our fee, so the decision is made on evidence rather than on what someone said in a pub.
I sell at markets and take cash. How should I record it?
Keep a daily takings record and bank consistently. HMRC’s concern with cash businesses is always completeness, and a simple contemporaneous record that matches your banking is far more persuasive than a reconstruction done a year later. We will set up something that takes a couple of minutes at the end of each day.
Do you work with businesses that only trade part of the week?
Frequently — Columbia Road alone is full of them. Part-time and seasonal trading affects VAT registration timing, whether self-employment is your main income, and how you handle a job alongside the business. It is all manageable, it just needs saying out loud at the start.
How much do your accountancy services cost?
Fees depend on the size of the business and how much work is involved, so we quote after a short conversation rather than publishing a one-size-fits-all price. What we can promise is that the fee is fixed and agreed in writing before we start. Most sole traders and small limited companies find our pricing sits comfortably against comparable London firms.
How do I switch from my current accountant?
It is easier than most people expect and takes about ten minutes of your time. You tell your existing accountant you are moving, we write to them for professional clearance and your records, and we handle the handover of your HMRC and Companies House authorisations. You can switch at any point in the year, not just at your year end.
Do I have to come into your office?
No. Plenty of our clients we meet in person, and plenty we have never met at a desk at all — documents come in by email or cloud folder and we talk by phone or video. Both work equally well. If you would rather sit down together, our office on Mile End Road is easy to reach and parking nearby is manageable outside peak hours.
Get in touch
Talk to an accountant near Bethnal Green
Bethnal Green to Mile End Road is about ten minutes by bus or one stop on the Central line to Mile End.
Visit usMSCO Chartered Accountants
Suda House, 100 Mile End Road, London E1 4UN
Call us020 7790 0793
07958 943459
Email usinfo@mscoaccountants.co.uk
Nearby areas