Helping businesses earn more, pay less tax, allowing you to live the life you want

Chartered Accountants on the outskirts of York

Chartered Accountants in York

As business owners ourselves we know the frustration, stress, and sleepless nights caused by running a business, managing a team, and keeping track of what taxes are due.


At Inglis, we save you time, stress and money by helping you stay in control of your business and maximising your tax reliefs. We are more than just an accounting firm, we support you and your business in the long term, and help you achieve your business and life goals.

Net Zero Accountancy

Net Zero Accounting

Inglis have proudly reached the first level of certification to becoming a Net Zero business, working with climate action platform, Net Zero Now.

A Force for Good

A Force For Good

Whilst profit, tax and cash is important to us, we support several good causes including Wetwheels Yorkshire, York Mind, and Kitchen For Everyone York.

Popular services

At Inglis, we offer a range of accounting services to help your business grow and thrive

Virtual Finance Director

Leave us to manage the finance function of your business so you can concentrate on the day-to-day running of your business. As your Virtual Finance Director, we will be a sounding board you can bounce ideas off, as well as acting as your business coach and working alongside you to ensure you meet your business goals.

Virtual Finance Director
 Management Accounts

Management Accounts

Do you know how much money is coming in and going out of your business on a day by day, week by week basis? In order that you can make informed decisions to manage your business better, we offer a management accounts service that will help you keep on track of your company's numbers.

Bookkeeping

As you grow your business the number of transactions you complete can quickly add up and bookkeeping can become a daunting and endless task. We offer an out of house bookkeeping service so all you need to do is pass us your sales invoices and receipts and we will do the rest.

Bookkeeping
FREE DOWNLOAD

32 Ways To Save Tax and Extract Maximum Value From Your Business

Ever wonder what you can take out of your business or how you can save more tax? This guide explores 32 ways of ensuring that you’re maximising every opportunity you could be to improve your life, your families and your employees.

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32 Ways To Extract Maximum Value From Your Business Download

Latest Blog Articles

By Donald Inglis April 25, 2025
If you’re a small business with straightforward accounts, you may well be using HM Revenue & Customs’ (HMRC) Corporation Tax online filing service . It’s a straightforward way to file your corporation tax and company accounts and tick all those compliance boxes. But HMRC has just announced that the service will close from March 2026. So, what happens now when you need to file your return and accounts? What is the Corporation Tax online filing service At present, if you’re an unrepresented company with straightforward tax affairs, you can use the free HMRC online service to: Send your Company Tax Return to HMRC. Send your accounts and computations to HMRC in the correct iXBRL format. File your accounts to Companies House. send your Company Tax Return to HMRC and accounts to Companies House at the same time. Using the online service streamlines so many of your compliance worries. So, why is HMRC shutting down the service? Corporation Tax online filing service to close from March 2026 The Corporation Tax online filing service will close from 31 March 2026 . At present, you can still use the online service to file and amend your Company Tax Return with HMRC, and your accounts with Companies House up to and including 31 March 2026. But from 1 April 2026 onwards, you’ll need to use commercial software to file annual accounts and Company Tax returns with HMRC. Why is the online service closing? HMRC feels that the online service is no longer fit for purpose. The service was originally introduced in 2011, and the system doesn’t meet modern digital standards, or recent changes to UK company law. HMRC’s intention is that the small businesses that are currently using the free online survive will see the value in investing in third-party software that’s more in line with digital standards. Helping you set up a new software-based tax filing system There’s no immediate pressure to switch over to a new software tax and accounts filing system. But looking into the available software and doing your homework is a sensible move. We can help you decide on the best software for the job and make sure your accounting and filing processes are up to the job, ready for March 2026. To get our help, call us on 01904 787 973 or book a call with Donald Inglis .
By Donald Inglis April 21, 2025
Whether it’s refilling your petrol tank or paying at the supermarket checkout, the higher cost of living is hitting every household hard. A business budget is one of the essential tools in managing your business finances and actively building your business. A budget shows what you plan to do with your cash over the next year. For a complete picture of your business health, you need to review the profit and loss statement, the balance sheet, the cash flow forecast and the budget. Taken together, these reports allow you to make informed business decisions and monitor performance. Why have a budget? Forecast sales and expenses according to monthly or quarterly variations. Evaluate performance over time, including changes or patterns. Get really familiar with where your money goes and where it comes from. Clarify targets and goals and use the budget to help you focus and achieve those goals. Comparing actual figures to budgeted figures allows you to see potential problems early and plan for unexpected costs. A budget will help you to see the big picture and stay motivated over the long term. Where to start A basic budget takes known income and expenses, then makes certain assumptions about the timing of income and planned expenditure. The basic budget is based on cash in and out of the business. Over time, as you start to see the benefits of using a budget, your budget should evolve into a more sophisticated version that includes non-cash elements such as provisions and depreciation. Most businesses will start with one budget but soon move to having three budgets: Business as usual – the next year’s budget is based on current year income and expenses, with perhaps a small adjustment for consumer price index increases. Worst case – budget is based on a pessimistic view of next year’s performance. Best case – budget is based on an optimistic view of performance over the next year. A budget is usually for a financial year, but you can also set up budgets for two to five years. Once you have one budget (or more) set up, you can then run your current financial reports against the budget to see how you are tracking. This allows you to make rational business decisions in real time to adjust accordingly. Your can run your financial reports monthly and adjust your budget as needed. What next? Now is a great time to put a budget into place for the coming financial year. Book a time with us to help you create a meaningful budget in your accounting software so that you can use it as a proactive part of your business management, strategy and your success. Call us on 01904 787 973 or book a call with Donald Inglis .
By Donald Inglis April 14, 2025
Whether it’s refilling your petrol tank or paying at the supermarket checkout, the higher cost of living is hitting every household hard. Across the whole world, everyday essentials have surged in price and for many, budgets are being stretched to their limits. So, what can you do to keep up with rising costs and still stay financially secure? The good news is that there are steps you can take to ease the pressure. Here are our 12 top tips: Look for ways to earn more Boosting your income is one of the most powerful ways to offset inflation. 1. Grow your business’s profitability If you run a business, look at ways to improve your profit margins. This might mean increasing your prices slightly, trimming unnecessary costs, automating tasks, or exploring more profitable services. Want tailored advice? Talk to us – we can help identify the most effective strategies for your business. 2. Rent out a spare room or take in a flatmate Under the UK’s Rent a Room Scheme, you can earn up to £7,500 a year tax-free by renting out furnished accommodation in your home. 3. Sell unwanted items online A clear-out could turn into extra cash. Use platforms like eBay, Vinted, Facebook Marketplace, or Gumtree to sell items you no longer need. It’s quick, easy, and surprisingly rewarding. Cut back where you can Small savings add up – and cutting down doesn’t always mean missing out. 4. Prepare more meals at home Takeaways and restaurant meals can eat into your budget fast. Batch cooking, meal planning, and using leftovers wisely can save a fortune over time. 5. Create a realistic budget and track your spending Budgeting apps like Money Dashboard, YNAB, or Emma can help you see exactly where your money is going – and where you can rein it in. Awareness is the first step to better control. 6. Reduce your meat consumption Meat is often one of the most expensive items on a shopping list. Try a couple of vegetarian meals each week – they can be both budget-friendly and delicious. 7. Drive less where possible Petrol prices are high, and even short journeys add up. Walk, cycle, carpool, or use public transport when it makes sense. 8. Cancel or pay down credit cards and buy now, pay later accounts Interest charges can quickly spiral. If you’re struggling to pay off balances, look into 0% balance transfer cards or speak to a financial adviser for debt reduction strategies. 9. Review all your regular outgoings Subscriptions, insurance, utility bills – these can often be trimmed or renegotiated. Use comparison sites to switch providers or call and ask for a better deal. You might be surprised how often they say yes! Invest in your future You can’t just save your way out of inflation – smart investing is key to long-term financial stability. 10. Invest in inflation-beating assets Historically, property and the stock market have provided returns that outpace inflation over time. Start small if you’re new to investing – many platforms allow you to invest from as little as £25 a month. And always seek advice if you’re unsure. 11. Start something new A side hustle – from freelance work to selling handmade goods or online teaching – can bring in extra income and even turn into a full-time business. Don’t underestimate your skills and passions. 12. Learn about personal finance The more you know, the more control you’ll have. Free online courses, podcasts, YouTube channels, and books from your local library are great places to start. Understanding budgeting, investing, and money management empowers you to make the best decisions for your future. A final thought While inflation has slowed, it's still estimated to remain in the 2–3% range this year – on top of recent spikes. To truly stay ahead, aim to: Increase your income by at least 4% Save money wherever possible Invest consistently for the future These three pillars – earning, saving, and investing – create a buffer against inflation and help you build lasting financial resilience. Worried about money? We're here to help Financial stress can be overwhelming, but you're not alone. We’ve supported clients through many economic cycles – including periods of high inflation – and we're here to help you get through these challenges with confidence. Call us on 01904 787 973 or book a discovery call with Donald Inglis .
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