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 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
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.
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.
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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.
Latest Blog Articles
With ongoing changes to Making Tax Digital, many business owners are having to adapt how they keep records and report to HMRC. At the same time, costs continue to rise. Wages, increases in employer National Insurance and energy are all putting pressure on margins. This is where your accountant should be adding value. Here are some of the key ways we support our clients at Inglis Accountants. Financial forecasting and planning Cash flow issues rarely come out of nowhere, even if it feels that way at the time. Regular forecasting helps you see what’s coming over the next few months, not just what’s already happened. If there’s a shortfall ahead, you have time to deal with it. We also look at different scenarios with clients. For example, if sales slow down or costs increase again, decisions can be based on numbers rather than simply guesswork. Performance monitoring and analysis Most owners will track certain business metrics, like income or expenses, but not always the ones that matter most. We help you focus on a handful of measures that reflect how your business is actually performing. That might be gross margin, overheads as a percentage of revenue, or cash conversion. Reviewing these regularly makes it easier to spot trends and deal with issues early. Strategic business reviews While some accountants focus mainly on reporting the numbers, we work with clients to review their direction, sense-check decisions, and recommend adjustments where needed. This could involve pricing, cost control, staffing, or investment. Staying ahead of tax changes Tax rules change regularly, and recent updates to Making Tax Digital have added more reporting requirements for many businesses. At Inglis, we keep you informed about what’s coming up and how it affects your business. This includes key deadlines, available tax reliefs, and new planning opportunities. Need help? If you are not getting the most from your accountant, we would be happy to have a brief introductory call to see where we can help. If you would like a no-obligation chat, call us on 01904 787 973 or book a call with our team .
Fuel and energy costs have risen sharply since the war in Iran and subsequent near total closure of the Strait of Hormuz. And the pressure this is already putting on business owners’ margins and cash flow can’t be overstated. From our experience of previous years when fuel costs have escalated quickly, the businesses that handle this best are the ones that make small, sensible adjustments early. So, what adjustments could you make? Start by understanding where your money is going Before making any changes, take a step back and look at your recent costs properly. Go through the last six to 12 months and track what you have actually spent on fuel and energy. You may notice certain times of year where usage increases, or specific activities that drive higher costs. Once you have a clear picture of where and when your money is being spent, you can start to make changes that will have the biggest impact. Focus on simple ways to reduce usage You do not need to overhaul your entire business to see savings. In many cases, small changes across the business will have a noticeable impact over time. Turn off equipment and lighting when not in use, especially outside working hours Review heating and cooling settings and avoid setting them too high or too low Switch to LED lighting if you have not already Check for equipment running unnecessarily in the background Individually, these changes may seem minor, but across a full month or year, they can add up very quickly. Reduce travel costs Fuel costs are often one of the biggest expenses, especially if your team commutes to the office each day. Encouraging car sharing where practical can make an immediate difference. Even a few team members travelling together a couple of days a week can noticeably reduce overall fuel spend. It is also worth considering whether some roles can work from home part of the week. Fewer people travelling into the office reduces fuel costs for your team and can also lower your office energy usage at the same time. Be realistic about your pricing Raising prices on your loyal customers can sometimes feel like you’re letting them down. However, if your costs have increased, unfortunately, your pricing may need to follow. Holding prices steady while your costs rise will eat into your margins. However, a small, well-communicated increase is often far easier for clients to accept than a sudden, larger change later on. Check what support is available There may be support, reliefs, or allowances available depending on your situation, particularly if you are investing in more energy-efficient equipment or systems. These schemes do change, so it is worth checking rather than assuming nothing applies based on previous research. Please let us know if you’d like our help with this. Need help? If rising costs are starting to put unwanted pressure on your business, we can help to see what you can do about it. Feel free to give us a call on 01904 787 973 or book a call with our team . 
As the new tax year starts, you may find yourself among the thousands of savers contacted by HMRC about tax on savings interest. As you likely know, you do not pay tax on the money you save, however you may need to pay tax on the interest it earns. And with interest rates still relatively high and tax thresholds unchanged, it is becoming easier to cross that line without realising. In fact, recent estimates suggest around 2.79 million people could receive a letter. Why this is happening If you have noticed better returns on your savings over the past couple of years, you are certainly not alone. Higher interest rates mean your money is likely earning more than it used to. At the same time, tax thresholds have remained frozen. That combination means you may now be exceeding your allowance, even if your savings habits have not changed. In short, you may be earning more interest without actively doing anything differently, and that is what can trigger a tax charge. How the personal savings allowance works The amount of interest you can earn tax free depends on your income. If you are a basic rate taxpayer, you can earn up to £1,000 in interest tax free. Anything above this is taxed at 20%. If you are a higher rate taxpayer, your allowance drops to £500, with interest above that taxed at 40%. If you are an additional rate taxpayer, there is no allowance, so all interest is taxed at 45%. If your income is below the personal allowance, you may be able to earn more interest tax free, depending on your circumstances. Why you could still be affected with modest savings You might assume that only large savings balances are affected. In reality, it can happen sooner than expected. For example, if you are using a fixed rate savings account, interest is often paid at the end of the term. If that term runs over more than one tax year, all the interest can be counted in the year it becomes accessible. That can push you over your allowance in one go. In some cases, even a relatively modest balance can be enough. What to expect from HMRC Your bank or building society reports the interest you earn directly to HMRC, so in most cases, you do not need to do anything yourself. If tax is due, you will usually receive a P800 letter or a Simple Assessment. This will explain what you owe and how it will be collected. For many people, the amount is recovered through a change to your tax code, rather than a separate payment. What you can do now It is worth taking a few minutes to check how much interest your savings are generating, especially if you have money spread across different accounts. You can review this through your bank statements or your Personal Tax Account on GOV.UK . This will give you a clearer idea of whether you are likely to exceed your allowance. Need help? If you think you may be close to the limit, it may be worth reviewing how your savings are structured. If you would like a second pair of eyes on your savings, or want to understand how the rules apply to you, call us on 01904 787 973 or book a call with our team .