R&D Tax Credits

If your business invests in developing new products, processes, or services, you may be eligible for significant R&D Tax Credits. We maximise your claim, dealing directly with HMRC for a fixed % fee, only when successful.

Film Tax Relief

For qualifying British film productions, Film Tax Relief offers a crucial financial boost. We expertly navigate the eligibility criteria and claim process, ensuring your production secures essential funding to bring your cinematic vision to life.

Creative Industry Tax Reliefs

Beyond film, a range of tax reliefs supports the UK’s dynamic creative sector, including Video Games, Animation, and Theatre. Pennyhills® helps identify and claim these vital incentives, ensuring your creative projects receive the financial recognition they merit.

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Outsourced Accounting

Holistic bookkeeping service that includes everything from capturing receipts to reconciling bank transactions and helping you get paid faster.

Taking a closer look into how good your business is doing and what can be done to improve it further. This exercise should be performed either monthly or quarterly.

VAT returns and registration services appraise the most suitable VAT scheme that a business should apply for. We do all the leg work here and communicate directly with HMRC. Further, these returns are filed on time and well ahead of the deadlines.

This service consists of checking the proposed company name and registering your company with Companies House. It further includes making sure that all of the legally required filings are done on time. if there are any future changes to shareholders or directors, then that is taken care of too.

We ensure that your employees have constant access to payslips so that they do not lose those documents. Payroll is run smoothly in a timely manner while keeping you informed of when you need to pay your PAYE.

We are a firm of Chartered Certified Accountants who are qualified to prepare accounts to the highest technical standard. We complete technical training every year to keep ahead of any developments in the domain of accounting standards and tax.

Tax Compliance, Planning and Advice

Preparation of income tax returns with full HMRC compliance, including late returns.

Corporation tax returns, compliance with HMRC, and minimising your tax costs.

We carry out 100% of your claim, deal with HMRC directly, and charge you a fixed % based on the claim, if successful.

Full compliance and advice with Capital Gains Tax, Inheritance Tax, and tax efficient investments like S/EIS and VCTs.

Compliance and advice to self employed, off payroll workers, with the changes to IR35 legislation that came into force on 6 April 2021.

At Pennyhills, we specialise in R&D Tax Credits, to learn more or to see if you qualify, take a look at how we’ve helped businesses save with R&D Tax Credits.

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Advisory Services

Successful businesses navigate pivotal junctures beyond just growth, from expansion to restructuring or future sale. Pennyhills® Advisory Services provide tailored foresight and robust solutions, empowering confident decisions for optimal outcomes at every stage of your business journey.

Our Service

Our service at Pennyhills® is expertly driven, combining core accounting, taxation, and advisory specialisms with substantial emphasis on proactive communication. This large proportion of our commitment is dedicated to truly listening, understanding, and tailoring our support as your business evolves, ensuring we consistently meet your exact needs.

We don’t just process numbers; we partner with you, adapting our expertise to deliver precisely what you require, precisely when you need it.

  • Accounting
  • Tax
  • Advisory
  • Communication
As well as an accountant I could trust, I was looking for someone who would be accessible, responsive and transparent when answering questions and queries that arose. Pennyhills has been excellent in assisting me in all my accounting needs.
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Simone Brewster