Finance Awards 2022

10 | Finance Awards 2022 Based in Bristol, the team at BW Business Accountants & Advisers have been proud to build a reputation that is truly second to none when it comes to making sure that their clients have the right information to make the best decisions possible. Working closely alongside them, the team know what makes a business special and what needs to happen to achieve their goals. This carefully calculated way of working means that people and the planet are always put ahead of profit. “We are dedicated to providing a high quality and professional service to our clients, at a reasonable cost,” Natalie tells us, “and we encourage all our team to live and breathe our core values of community, sustainability and diversity. As part of these core values, this year for every set of accounts or tax returns we file, we are donating 1 day of access to clean water and sanitation training to schools in Kenya and Tanzania.” The team work closely with small owner managed businesses, start-ups and sole traders and specialise in those businesses operating in the retail, hospitality and leisure sectors and sustainable or purpose led businesses. “We promise never to speak to our clients using boring technical jargon,” Natalie explains, “and we will always tailor our support to meet their business goals. We offer fixed price packages that are payable monthly – because that’s the best way to help our clients keep control of their costs. Our packages are fully customisable, so that they meet the individual business’ needs, and can flex as their business grows.” Such care and attention to detail is why people turn to this team, and why they continue to work closely with them. While a small team, everyone plays a vital role in securing continued success. The BW Business Accountants & Advisers approach means that the reach of the firm is impressive, with cloud-based systems allowing them to support customers the length and breadth of the UK. Natalie tells us, “We pride ourselves on offering a tailored, quality service to our clients and this is a key part of our team’s role.” Looking ahead, BW Business Accountants & Advisers faces the impending recession and the implementation of Making Tax Digital (MTD) for Income Tax in April 2026. This shift will mean that all sole traders and landlords with annual income of more than £50,000, will be required to keep digital accounting records and make quarterly submissions to HMRC. Systems such as Xero and Coconut are not new to the team, and have formed a vital part of how they operate. “We will Oct22579 Most Trusted Accounting & Business Advisory Firm - South West be supporting our sole trader and landlord clients with the transition,” Natalie explains, “and our aim is to have everyone up and running on Xero or Coconut well in advance of the MTD deadline”. With a firm that only launched in April 2021, to achieve such success so quickly is no easy feat. An impressive marketing and social media strategy over the last 12-18 months has seen the client base double in short order. Such success is surely only the beginning for these accountancy pioneers. We can’t wait to see what they do in the future! Company: BW Business Accountants & Advisers Name: Natalie Binstead-Wey Email: hello@bwbusinessadvisers.co.uk Web Address: www.bwbusinessadvisers.co.uk The traditional accountancy offering is very limited in many ways, and businesses in this sector have thrived when they have found ways to reach beyond it. Few understand this better than the team behind BW Business Accountants & Advisers. We caught up with Natalie Binstead-Wey in the light of the team’s success in the UK Finance Awards to find out more.

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