Chartered Accountants - Preston, Lancashire

We began as accountants in Preston in 1906, but we’re not stuck in the past. Accounting practices may have changed and technology has certainly moved on but our fundamental values of customer support, along with our determination to keep up to date with financial legislation haven’t changed one little bit.

We’ve got history and we have an enviable reputation across the region for actively supporting our clients, providing them with cost effective, reliable and friendly accountancy services.

As you’d expect, we provide end of year accounts, audits and taxation advice to every kind of client, be they a personal client or a business whether a start-up or long established organisation.

No, we’re certainly not stuck in the past; in fact, we’re one of Preston’s leading provider of cloud based accounting solutions as a Xero Partner.

If you’re looking for a Preston accountant, please contact us on 01772 259625 or email info@whiteheadandaldrich.co.uk. We promise you’ll get a very warm welcome.


Log on / Register Client Testimonials Xero Free Consultation Resource Centre Pension Auto Enrolment Guide


Xero Accounting - Online Accounting Partner

Xero

Whitehead & Aldrich is partnered with the award winning Xero online accounting system. Xero is an easy to use but powerful online accounting system that’s designed specifically for small and medium businesses like yours. Xero provides you with a view of your financial information in real-time.


Business Start-Up AdviceBring us your business ideas and we will help you to make them a reality...

Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects...

Click here

Bookkeeping & PayrollHighly trained professional accountants, no matter what size of business...

Managing your business payroll in-house can be complex and time consuming. Whitehead & Aldrich can take responsibility for your business payroll service and take the worry off your shoulders so that you can concentrate on...

Click here

Taxation ServiceUp-to-date, experienced and focussed on the issues that really matter...

We have over 100 years’ experience as tax advisers. Our objective is to work closely with you to help you to understand the tax implications of your actions, in order that you can plan ahead...

Click here

The current hot topic

Making Tax Digital for VAT

HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. The first area to be affected by MTD will be VAT with the new rules being implemented from April 2019.

Under the regulations, businesses with taxable turnover above the VAT threshold (currently £85,000) must keep digital records for VAT purposes and provide their VAT return information to HMRC using ‘functional compatible software’. These new regulations take effect for VAT return periods beginning on or after 1 April 2019.

HMRC has published VAT Notice 700/22: Making Tax Digital for VAT. This Notice defines ‘functional compatible software’ and the transaction-level data that needs to be recorded and retained within the software.

Under the new MTD regulations, businesses will have to use ‘functional compatible software’. This means a ‘software program or set of compatible software programs which can connect to HMRC systems via an Application Programming Interface (API)’. This must be capable of:

  • keeping records in digital form as specified by the new rules
  • preserving digital records in digital form
  • creating a VAT return from the digital records held in compatible software and submitting this data to HMRC digitally
  • providing HMRC with VAT data on a voluntary basis
  • receiving, via the API platform, information from HMRC to ascertain compliance.

MTDfV is coming soon and we are here to help you prepare.