Accounting Service for the Consulting Industry

The consulting industry encompasses a wide range of professionals and firms, from financial advisors and marketing agencies to solicitors and media companies. At Jermyn & Co, we understand the unique financial and operational challenges faced by consulting businesses, such as managing variable revenue streams, tracking billable hours, and ensuring compliance with industry-specific regulations.

Our tailored accounting services are designed to streamline your financial processes, optimise tax planning, and support your growth, allowing you to focus on delivering exceptional results for your clients.

Why Jermyn & Co?

Why Choose Jermyn & Co for Consulting Professionals?

At Jermyn & Co, we combine deep industry knowledge with tailored financial expertise to help consulting businesses:

  • Streamline Operations – Simplify invoicing, expense management, and bookkeeping.
  • Optimise Profitability – Maximise revenue through better resource allocation and financial insights.
  • Ensure Compliance – Navigate tax laws and sector-specific regulations with ease.
  • Plan for Growth – Develop strategies for sustainable expansion and investment.

Whether you’re an independent consultant or running a large firm, our proactive support ensures your finances are professionally managed.

Tailored Support

Time Savings

Tax Savings

Scalability

Jermyn & Co

Explore Our Core Services for the Consulting Industry

We provide a wide range of accounting and advisory services tailored to consulting professionals, including:

1. Bookkeeping and Expense Tracking

Accurate financial records are essential for consulting businesses. We help you:

  • Track billable hours and ensure accurate invoicing for clients.
  • Manage operational expenses, such as software subscriptions, travel costs, and marketing budgets.
  • Maintain organised records to support financial reporting and tax compliance.

2. Self-Assessment and Corporation Tax Returns

Our tax services are designed to minimise liabilities and ensure compliance. We assist with:

  • Preparing and filing self-assessment returns for sole practitioners and partnerships.
  • Managing corporation tax filings for limited companies.
  • Advising on deductible expenses and reliefs to optimise your tax position.

3. VAT Registration and Compliance

Consulting firms often operate across borders or within multiple VAT schemes. We provide:

  • Advice on VAT registration and choosing the right scheme for your business.
  • Assistance with VAT on international transactions and services.
  • Preparing and filing VAT returns in compliance with Making Tax Digital (MTD).

4. Payroll and Employee Management

If you employ staff or work with contractors, we handle:

  • Payroll services, including wage calculations, pensions, and National Insurance contributions.
  • Structuring employee benefits to attract and retain top talent.
  • Ensuring compliance with employment regulations and contractor agreements.

5. Financial Reporting and Performance Analysis

Understanding your business’s financial health is key to its success. We provide:

  • Monthly and quarterly financial reports, offering insights into profitability and cost management.
  • Revenue tracking to identify your most lucrative services and clients.
  • Cash flow forecasting to support budgeting and resource allocation.

6. Strategic Growth and Advisory Services

Looking to expand your consulting firm or diversify your services? We offer:

  • Advice on mergers, acquisitions, or partnerships to maximise value.u make data-driven decisions that support your business’s long-term success.
  • Guidance on financing options for business growth.
  • Strategic planning for scaling operations, hiring, or investing in new markets.

Jermyn & Co

What our clients say about their experience with us

I have been a customer for a number of years and am a very small company in terms of turnover. The service and guidance I have received over the years from the staff especially Karl has been fantastic! I am always late getting my books in but they always turn them around in double quick […]


Nicky via Google

The team at Jermyn & Co has always been really helpful and efficient in resolving any issues. Karl has offered me good advice over the years and helped me to develop my business.


Peter Cairns via Google

Karl Jermyn has been my accountant for many years. He has always provided helpful, timely and accurate advice and has been a great support in managing the tax returns for our Trust.


Sarah Stallebrass via Google

Very good and reliable accountants , fast response and always there to help .Been using Karl Jermyn for more than 5 years and not planning to change soon .


Selena Andone via Google

Great service – always friendly and willing to advise. Goes the extra mile for you which is lovely and much appreciated in this day and age.


Charles Grewcock via Google

Brilliant and professional service from Karl and his team. Always ready to help with any questions and supported us through running our business and helping us to sell when we retired.


Alison Maskrey via Google

Karl and his team have done our accounts for quite a few years now.We have always been happy with them and any queries we have are answered promptly.Highly recommend.


Amanda McFarlane via Google

Jermyn &Co are a friendly and helpful firm. Always accessible and willing to help.


Mark Cozens via Google

I’ve just switched my accountant to here, and found out i had been paying unreasonable tax for my business with my previous accountant. Karl is very professional and very experienced. Great service!


Vinse M.Y. via Google
they do this job

Carl and his team has been great doing our business accounts and self assessment. Always willing to answer any questions we may have and explain things if necessary. He always thinks about his clients needs and we are very happy for Jermyn & Co to be our accountants.


Linda Thorpe via Google

Jermyn & Co

Frequently Asked Questions about Consulting Services & Tax

You can claim expenses such as office supplies, software subscriptions, travel costs, and professional memberships. We ensure all eligible deductions are included.

If your taxable turnover exceeds £85,000, VAT registration is required. We’ll advise on whether voluntary registration could also be beneficial for your business.

Yes, we handle payroll for both permanent staff and contractors, ensuring compliance with HMRC regulations and contractor agreements.

Our cash flow forecasting and revenue tracking services help you manage variable income and plan for future expenses effectively.

Our Accountancy Services

We offer a range of services to help you manage your finances and grow your business.

Why Jermyn & Co?

Why Choose Jermyn & Co for Your Accounts?

At Jermyn & Co, we’re more than just accountants – we’re your partners in success. Our accountancy services are designed to help you:

  • Stay Compliant – Ensure your financial records meet HMRC and Companies House requirements.
  • Save Time – Let us handle the numbers while you focus on growing your business.
  • Improve Efficiency – Streamline processes and reduce errors with expert support.
  • Plan for Growth – Use actionable insights to guide your financial decisions and achieve your goals.

With our proactive approach, you’ll gain the confidence and clarity you need to succeed.

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Why Jermyn & Co?

Why Choose Jermyn & Co for Business Tax?

Tax legislation in the UK can be complex and ever-changing, but with Jermyn & Co by your side, you’ll have access to expert advice and practical solutions.

Our services include:

With our expertise, you can focus on running your business while we handle the numbers. We’re committed to helping you stay ahead of deadlines and legislation changes.

Corporation Tax Compliance

VAT Services

R&D Tax Credits

Tax Planning and Advisory

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Why Jermyn & Co?

Why Choose Jermyn & Co for Personal Tax?

At Jermyn & Co, we understand that everyone’s financial situation is unique. Our personal tax services are designed to help you:

  • Optimise Tax Efficiency – Leverage allowances, reliefs, and deductions to minimise your tax liability.
  • Ensure Compliance – Stay on top of filing deadlines and HMRC requirements to avoid penalties.
  • Plan for the Future – Align your tax strategy with your long-term financial goals.
  • Simplify Tax Complexity – Let us handle the details so you can focus on what matters most.

From simple tax returns to complex financial arrangements, we provide expert advice and support tailored to your needs.

Proactive Tax Planning

Expert Guidance

Tailored Solutions

Stress-Free Compliance

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Why Jermyn & Co?

Why Choose Jermyn & Co for Corporate Finance?

At Jermyn & Co, we understand that every business is unique. Our experienced team offers a personalised approach to corporate finance, helping you:

  • Secure Financing – Access the funding you need for expansion, acquisitions, or working capital.
  • Plan for Growth – Develop tailored financial strategies to achieve your business objectives.
  • Manage Mergers & Acquisitions – Navigate complex transactions with confidence, from valuations to negotiations.
  • Optimise Financial Performance – Streamline processes, reduce costs, and maximise profitability.

Whether you’re a start-up seeking investment or an established business exploring new opportunities, we’ll provide the expert guidance you need to succeed.

Business Valuations

Mergers & Acquisitions (M&A)

Fundraising & Investment

Financial Modelling
& Forecasting

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Why Jermyn & Co?

Why Choose Jermyn & Co for HR Services?

At Jermyn & Co, we understand that every business is unique, and so are its HR needs. Our tailored HR services help you:

  • Stay Compliant – Meet the latest UK employment laws and regulations with ease.
  • Save Time and Resources – Let us handle the admin while you focus on growing your business.
  • Engage Your Team – Build a positive, productive workplace with our employee engagement solutions.
  • Grow with Confidence – Ensure your HR strategy aligns with your long-term business objectives.

Whether you need ongoing HR support or help with a specific issue, our experienced team is here to assist.

Payroll Management

HR Compliance

Employee Engagement & Retention

Training & Development

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Jermyn & Co

Who We Support

Our services are tailored to meet the needs of professionals and firms in the consulting industry, including:

Independent Consultants – Simplify invoicing, expense management, and tax filings for sole practitioners.

Financial Advisors – Manage compliance with regulatory requirements and optimise tax efficiency.

Marketing and Media Agencies – Track revenue, monitor campaign budgets, and ensure accurate client billing.

Solicitors and Legal Professionals – Navigate tax laws and compliance standards specific to the legal sector.

How We Help Consulting Professionals Succeed

At Jermyn & Co, we go beyond basic accounting to deliver strategic support that helps consulting businesses thrive. From simplifying day-to-day financial management to planning for long-term growth, our expert team ensures you have the tools and insights to succeed in a competitive market.

Ready To Change Accountant?

Talk To Us

Schedule a free consultation to discuss your accounting needs.

Plan and Prepare

We’ll create a tailored financial strategy for your consulting business.

Achieve Results

Streamline your finances, reduce your tax burden, and focus on delivering results for your clients.