Business Details
Your Trusted Accountants in Norwich
We are a dedicated accountancy practice committed to delivering exceptional service through a combination of traditional values and modern technology. Our founder, Joseph Nemeth, brings 19 years of industry experience to every client interaction, ensuring you receive expert guidance tailored to your unique needs. Unlike many firms, we prioritise direct communication with qualified chartered accountants, eliminating the need for trainees or interns. Our approach combines cloud-based automation with personalised support to streamline financial processes, reduce tax liabilities, and maintain compliance.We offer comprehensive services including tax returns, payroll management, VAT submissions, and enquiry insurance covering 100,000 in fees. By leveraging advanced accounting software and flexible solutions, we empower businesses to focus on growth while we handle complex financial obligations. Our proactive tax planning and dedicated client support have earned us long-term relationships and industry recognition through ACCA accreditation.
Services
Self Assessment
Tax Advice
Enquiry Insurance
Payroll Management
VAT Returns
Receipt Bank
Tax Planning
Accounting Software
Bookkeeping
Query Support
Highlights and features
- We provide dedicated 1:1 support from a Chartered Certified Accountant
- Our enquiry insurance covers 100,000 in fees with no excess
- We offer flexible software choices tailored to your business needs
- We guarantee proactive tax planning to maximise savings
- Our team has 19 years of hands-on accountancy experience
Associations and certifications
- ACCA
What people say
Invaluable to my business
Best financial decision
Qualified accountant
Hassle-free accounting
Tax savings
Services
Self Assessment
We prepare and submit accurate tax returns on time, ensuring compliance and minimising liabilities. Our proactive approach identifies legitimate deductions to reduce tax bills while avoiding penalties. Clients benefit from expert guidance through complex HMRC requirements.
Enquiry Insurance
Our standard 100,000 enquiry insurance protects against HMRC investigation costs with no excess. This comprehensive coverage provides peace of mind for businesses facing compliance checks. We handle all aspects of insurance claims during tax audits.
Payroll Management
We manage payroll processing with RTI compliance and auto-enrolment requirements. Our system ensures accurate salary payments, tax deductions, and statutory reporting. Businesses save time while maintaining full legislative compliance.
VAT Returns
Quarterly VAT returns are prepared and submitted using MTD-compliant software. We optimise VAT recovery opportunities while ensuring adherence to changing regulations. Clients receive strategic advice to improve cash flow through VAT planning.
Tax Planning
Our proactive tax planning identifies savings opportunities across business operations. We provide tailored strategies for income tax, corporation tax, and capital gains. Clients receive ongoing advice to legally minimise tax liabilities throughout the financial year.
People
Joseph Nemeth
Founder & FCCA Chartered Certified Accountant
With 19 years of accountancy experience, Joseph established Accountancy 121 to deliver dedicated client support. He specialises in tax compliance and business advisory, prioritising direct communication with qualified professionals over trainee-based models.
Questions
What accounting software options do you support?
We work with Xero, Sage, QuickBooks, and Excel-based systems. Our approach focuses on finding the right solution for your business rather than enforcing specific platforms.
How do you help reduce tax bills?
Through proactive tax planning and legitimate deductions, we identify savings opportunities in income tax, corporation tax, and capital gains while maintaining full compliance.
What is included in your enquiry insurance?
Our standard coverage provides £100,000 protection against HMRC audit costs with no excess, offering financial security during tax investigations.
Can you assist with switching accountants?
Yes, we handle the transition process including communication with previous accountants and data transfer, ensuring seamless service continuation.
Do you offer payroll services?
We provide comprehensive payroll management with RTI compliance, auto-enrolment, and accurate wage processing for businesses of all sizes.
How do you ensure compliance with tax regulations?
We maintain MTD compliance for VAT, submit timely returns, and provide ongoing advisory to adapt to changing legislation across all our services.
