Accounts, tax and payroll — handled properly, explained plainly.
SMR Financials is a London practice built for founders, contractors and growing companies. Cloud bookkeeping, fixed monthly fees, and a qualified accountant who picks up the phone.
01 What we do
Everything a UK business needs, under one roof.
Compliance is the floor, not the ceiling. We keep the filings clean and on time, then use the same numbers to tell you what they actually mean.
Accounting & bookkeeping
Reconciled every month in Xero, QuickBooks or FreeAgent, with statutory year-end accounts filed at Companies House.
Explore →Tax returns & planning
Self Assessment, corporation tax and the planning that happens before year-end, when it can still change the answer.
Explore →VAT & Making Tax Digital
Registration, the right scheme for your margins, and quarterly returns filed through MTD-compatible software.
Explore →Payroll & pensions
RTI submissions, payslips, auto-enrolment and CIS — run on time every month so nobody has to chase you.
Explore →Business start-up
Company formation, the sole trader vs limited decision, HMRC registrations and a first-year plan that holds up.
Explore →Management accounts & advisory
Monthly or quarterly reporting, cash-flow forecasts and profit reviews — the numbers you actually steer the business by.
Explore →02 Why SMR
Most people leave their accountant for the same three reasons.
Silence between January and the following January. A bill that arrives with no warning. And answers written in a language only accountants speak. We built the practice around fixing all three.
You always know the fee
One monthly figure agreed before we start, covering everything in your plan. Ask a question in March and you will not find it itemised on an invoice in April.
You speak to a qualified accountant
Not a call centre and not a different junior each quarter. The person who prepares your accounts is the person who explains them.
You get the answer in English
Every set of accounts comes with a short plain-English summary: what you earned, what you owe, when it is due, and the one or two things worth changing.
03 How it works
Switching takes about a week. Most of it is us.
Changing accountant sounds like a job. In practice you make one introduction and sign one form — professional clearance and the records handover are ours to deal with.
A 20-minute call
We ask what you do, how you invoice, what is currently painful and what you are actually trying to build. No pitch deck, no obligation.
A fixed written quote
You get a single monthly figure with the scope written out in full, so you can see exactly what is in and what is not. It does not move unless your business does.
We handle the handover
We write to your previous accountant for professional clearance, collect your records, register as your agent with HMRC and set up your software. You sign one engagement letter.
Then it just runs
Monthly reconciliation, deadlines tracked ahead of time, and a plain-English summary whenever something needs a decision from you.
04 Pricing
Published fees. No hourly billing.
Every plan is a fixed monthly fee covering the work listed, with 10% off if you pay twelve months upfront. If your business changes shape, we agree a new figure before any extra work starts — never after.
Sole Trader
Self-employed, freelance, side business
From£55/month
- Self Assessment return prepared and filed
- Sole trader accounts
- Bookkeeping software licence
- Quarterly MTD for Income Tax filings
- Unlimited email support
Limited Company
Contractors and owner-managed companies
From£135/month
- Year-end accounts and corporation tax return
- Confirmation statement filed
- Director's Self Assessment
- Payroll for one director
- VAT returns filed quarterly
- Salary and dividend planning
Growth
Trading companies with staff and stock
From£275/month
- Everything in Limited Company
- Monthly bookkeeping done for you
- Payroll for up to ten employees
- Quarterly management accounts
- Cash-flow forecast and review call
- Priority phone access
05 Free tools
Work out the number before you ask anyone.
Five UK tax calculators, updated for 2026/27: take-home pay, sole trader profit, salary versus dividends, corporation tax with marginal relief, and VAT.
“A set of accounts is a report on decisions you already made. The value is in the conversation you have before the year ends, not after.”
Shimmer Razook · Director
06 The practice
Board-level finance experience, at small-business scale.
SMR Financials Ltd was founded by Shimmer Razook, who trained as a Chartered Accountant and has worked alongside senior finance teams on board-level financial decisions.
That background is the reason the practice looks the way it does. Larger organisations expect their numbers monthly, in a format they can act on, with someone available to explain them. Smaller businesses are usually handed a set of accounts nine months after the fact and left to interpret it alone. There is no good reason for the difference.
The practice is deliberately small. Every client deals directly with a qualified accountant, and the number of clients is capped so that stays true.
07 Insights
Written for business owners, not accountants.
Short, practical notes on the rules that actually change what you pay.
Every UK tax deadline that matters, on one page
Self Assessment, corporation tax, VAT, payroll and Companies House — what falls due when, and what the penalty is if it slips.
Read →Salary or dividends? The 2026/27 answer
Dividend rates rose in April 2026. Here is how the optimal director's salary changed, and the arithmetic behind it.
Read →Making Tax Digital for Income Tax: who is in, and when
MTD for Income Tax is arriving in stages by income level. Work out which stage applies to you and what to do first.
Read →08 Questions
The things people ask first.
If yours is not here, ask it directly — you will get a straight answer, not a callback request.
How much will it cost?
Plans start at £55 a month plus VAT for a sole trader and £135 a month plus VAT for a limited company, with a 10% discount if you pay twelve months upfront. The figure depends on turnover, transaction volume, VAT status and payroll size. You get a fixed written quote before anything starts — see pricing.
Is switching accountant a hassle?
Not for you. You sign one engagement letter and make one introduction. We write to your existing accountant for professional clearance, collect the records and handle the HMRC agent authorisations. You can switch at any point in your financial year.
Do I have to use particular software?
We work in Xero, QuickBooks and FreeAgent and will recommend whichever fits how you actually invoice and get paid. If you are already on one of them, we work in yours. Spreadsheets are fine to start with, though Making Tax Digital will eventually require compatible software for most businesses.
Should I be a sole trader or a limited company?
It depends on profit level, whether you need limited liability, who your customers are and what you plan to do with the money you take out. Above roughly £30,000–£40,000 of profit, a limited company often wins on tax — but not always, and the admin is heavier. Run the numbers in our calculators, then talk it through with us.
I am late with a return. Can you help?
Yes, and it is more common than you would think. The first thing to do is stop the clock — penalties and interest accrue daily. Get in touch, tell us honestly how far behind you are, and we will deal with HMRC on your behalf. Nobody here is going to be surprised or judgemental.
Do you only work with London businesses?
No. We are based in Palmers Green, north London, and we act for clients across the UK. Everything from records to signatures works remotely, and we are glad to meet in person if you are local.
Next step
Find out what it would cost. It takes two minutes.
Answer a few questions about your business and get a fixed monthly quote back — or book a call and talk it through first.