More than just numbers

Magenta Accounts is a family-owned accountancy business based just outside the historic city of Winchester. We offer a friendly and approachable service in the following areas:

We specialise in working with business owners, providing timely, accurate management reports which can be used to enhance the management’s business decision making.

We also have the ability to liaise with our network of finance providers to obtain funding in the form of overdrafts or loans.

Interested? We also offer a free initial meeting with no obligation. Contact us on the number below to find out more.

Our customers say:

Just a note to say how impressed I have been with Magenta Accounts and the service that you have provided me within my first 6 months of setting up my business. With being a new business, making sure I generate income immediately is vital, so by knowing that you are taking away of all my financial duties from me such as making small payments to providing monthly management accounts allows me to focus more of my time on other aspects such as growing the business and generating revenue. Each member of staff provides a personal and prompt service and it is comforting to know that whoever I speak to at Magenta Accounts, each member of staff is fully aware of my accounts and the current situation. I would fully recommend your company to any business who is looking for a service that not only helps take away the stress of looking after money, but also helps you grow as a business.

Michael Dyble - Managing Director, Dybles Limited

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VAT PENALTIES AND INTEREST

There have been some significant changes to VAT penalties and interest if you submit a late VAT Return for an accounting period starting on or after 1 January 2023 and / or if you pay the liability later than the due date. There are separate penalties for late submission and late payment and they can […]
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COMPANY CORPORATION TAX RATES

From 1 April 2023, there is no longer a single Corporation Tax rate for non-ring fence profits. At the Budget, the government announced that the Corporation Tax main rate for non-ring fence profits would increase to 25% for profits above £250,000. A small profits rate of 19% was also announced for companies with profits of […]
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