Business Details
30 Years
experience
Trusted Accountants in Hull, East Yorkshire
Established in 1996, B S Panesar & Associates has built a reputation for delivering expert accounting, tax, and financial solutions tailored to businesses and individuals across East Yorkshire. Our team combines over 40 years of industry experience with cutting-edge digital tools to provide personalized, efficient service. With a unique advantage of insider knowledge from HMRC, we specialise in navigating complex tax landscapes while maintaining a client-focused approach. Our flexible hours, including evening and weekend appointments, cater to busy professionals.We serve a diverse clientele ranging from sole traders to limited companies, offering comprehensive services such as year-end accounts, VAT compliance, payroll management, and specialist tax investigation support. Our commitment to transparency, modern technology adoption, and practical financial guidance positions us as trusted advisors in both traditional and digital accounting realms.
Services
Tax Investigations
Wealth Management
Accounts Preparation
Self-Assessment Returns
Corporation Tax
VAT Returns
Payroll Services
Tax Planning
Financial Advice
Business Consultation
Details
- Year established: 1996
Highlights and features
- We offer over 40 years of combined experience in accounting and tax services
- Our team includes former HMRC specialists with insider tax investigation knowledge
- We provide flexible evening and weekend appointments for client convenience
- We implement cloud-based technology for real-time financial management
- We guarantee transparent pricing with no hidden fees
What people say
Extra mile
Efficient and effective
Fantastic accountants
Better service
Honest working relationships
Services
Tax Investigations
Our team provides expert support during HMRC investigations, leveraging insider knowledge from former tax inspectors. We negotiate complex settlements while explaining risks and compliance requirements. With over 40 years of combined experience, we help clients understand their obligations and minimise penalties through transparent, strategic guidance tailored to individual circumstances.
Wealth Management
Partnering with St. James' Place Wealth Management, we offer comprehensive financial planning services. Our experts help clients plan retirement, protect assets, and secure family inheritances through tailored investment strategies. This FCA-regulated service combines tax-efficient solutions with long-term wealth preservation techniques to achieve clients' financial goals across generations.
Accounts Preparation
We prepare statutory accounts compliant with IFRS standards for businesses of all sizes. Our service includes identifying tax planning opportunities, resolving PAYE issues, and providing credible financial statements for banks and investors. By outsourcing accounts preparation, clients gain confidence in their financial data while focusing on core business operations.
Payroll Services
Our payroll service handles all aspects of employee payments and tax compliance. We manage real-time information reporting, statutory payments, and auto-enrolment requirements while ensuring HMRC compliance. Clients receive accurate payslips, timely submissions, and expert guidance on payroll-related tax obligations through our secure, efficient processing system.
Tax Planning
We provide proactive tax planning to help businesses and individuals optimise their financial position. Our specialists identify available allowances, implement tax-efficient structures, and mitigate liabilities through regular reviews. This service includes corporation tax planning, personal tax mitigation, and strategic advice to maximise savings while maintaining full compliance with evolving tax regulations.
People
Bhopinder Panesar
Founder/Accountant
With 17 years at HMRC including specialist investigation roles, Bhopinder founded the firm in 1996. His 37 years of combined experience provides unique insights into tax compliance and investigation processes.
Questions
What accounting services do you offer?
We provide accounts preparation, tax returns, VAT registration, payroll services, tax planning, and specialist HMRC investigation support for businesses and individuals across East Yorkshire.
How can you help with HMRC investigations?
Our team includes former HMRC inspectors who understand investigation processes. We negotiate settlements, explain compliance requirements, and implement risk mitigation strategies to protect clients' interests.
Do you offer payroll management services?
Yes, we handle all aspects of payroll including real-time reporting, statutory payments, and auto-enrolment compliance while ensuring HMRC requirements are fully met through secure processing.
What makes your firm different from other accountants?
We combine 40+ years of experience with former HMRC insider knowledge, cloud-based technology, and flexible evening/weekend appointments to deliver personalized, practical financial solutions.
Do you provide financial planning advice?
Yes, through our partnership with St. James' Place Wealth Management, we offer FCA-regulated financial planning covering retirement, inheritance protection, and investment strategies.
