What's the damage?

Chartered Accountants Who Like to Smile

Accountancy can be dull – we know that. So we’ve created a service that’s a bit less stodgy and a bit more relaxed to deal with. So you get the support of a Chartered Accountant, without the pinstripes.

Our typical client will be turning over between £85K and £2M. They will be selling their expertise as a professional themselves, perhaps in finance, medical, recruitment, legal or creative & design industries. We tend not to get involved with construction or agricultural businesses. It’s not that we don’t love what they do: it’s just not our thing.

I like a close relationship with my clients, meeting at least once but usually twice a year, or more, to concentrate on your business. If you’re looking for the annual ‘letter in the post with your accounts for signing’ type service, you’re probably in the wrong place.

If you’re thinking: ‘I want such a close working relationship with my accountant that I’ll probably invite him to my summer BBQ’ then I think it’s safe to say you’re in the right place. Of course, we’ll invite you to the Blue Penguin party too!

It is unwise to pay too much, but it’s worse to pay too little.

When you pay too much, you lose a little money – that’s all. But when you pay too little, you lose everything, because the thing you bought was incapable of doing the thing it was bought to do.

The common law of business balance prevents paying a little and getting a lot – it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.

John Ruskin

£234pm +VAT

For a company turning over £1M, we’ll handle the annual accounts, the monthly payroll for 4 staff, and the directors’ personal taxes along with an annual meeting.

£156pm +VAT

For a company turning over £125K – £250K, we’ll prepare the year-end accounts and corporation tax returns, and deal with your personal tax affairs too.

£35pm +VAT

If you’re employed ‘9 to 5’ but have found yourself dragged in to self-assessment tax returns because you’ve got other taxable income, relax…we’ve got you covered.

how much does penguin cost?

Let’s not be coy about it – that’s probably the reason you clicked this page first. And that’s fine with us. 

Investing in the right accountant is important for your business. John Ruskin’s advice from 150 years ago is unwavering.

Blue Penguin costs more than your current accountant. 

But if you’re happy with the service you already pay for…what are you doing here?

We’re realists: If you’re quite happy with the service from your accountant, then you’re here because you’re looking for the same service for less money. Deep down, you know that’s not sustainable. Corners will be cut and you’ll be disappointed. We don’t ‘do’ disappointment.

If you’re here because your current accountant isn’t providing the service you expect, then we can help. Can you afford yet another year of your accountant not giving your business – and your livelihood – the support it deserves?

Once we’ve got a deep understanding of your business – and you – we’ll explain the services we know will benefit your business. Our proposal software will produce a quote for you there and then. It’s broken down service-by-service so you can make sure you get everything you need from us – and nothing you don’t. None of this “let’s see what you’re currently paying” or “we’ll send you a quote in the post next week” malarkey.

FOR  TRADING BUSINESSES: we ask for a minimum investment of £125pm plus VAT, which will tick all the boxes with HMRC, although most clients pay between 2% and 3% of their turnover for “the works”. This will include annual accounts and tax returns along with a tailored mix of regular meetings, management accounts and payroll support, plus taking care of the directors’ personal tax positions too.

FOR PERSONAL TAX CLIENTS: if you’re not running a business but still have to complete a tax return and deal with all the compliance that comes with it, we’ll take all that hassle away from you. Tax return compliance is between £35pm and £50pm, plus VAT. And, of course, we’ll confirm the cost BEFORE we get started, so there’s no surprises.

ALL CLIENTS get to take advantage of our free Turbo-Calls. If we can answer your query – whatever it may be – in a five or ten minute phone call, there’s no charge. If it’s going to be a bigger job, we’ll tell you the cost before work starts, so YOU are always in control.

All our fees are paid monthly across the year. That’s great for your cash flow (and, frankly, ours) and there’s no more surprise bills!

See above for some indicative pricing – book a test drive today to get a quote for your business.

work with blue penguin

We don’t take ourselves too seriously (you’ve probably got that message). But we do take your finances and business success very seriously – so much so that, if we don’t think we’re going to be a good fit for your business, we’ll be honest – and will try and connect you to someone who would be better for you.

The first step in finding out whether Blue Penguin is for you would be to book a Test Drive using the button below.

But if you need some social proof, to see who else we work with and what they have to say, here you go:

What We Do (Like You Didn’t Already Know)

Time for the usual list of things that accountants do. You probably already know what these are. Yawn.

But if we don’t write down all our services, Google’s robots might not understand that we’re Chartered Accountants based in Taunton, Somerset. And then you might not find Blue Penguin. Which would be a shame for us both.

It’s hard to turn our ethos of taking time to understand what drives you (more free time? Ferrari on the drive? Retire early?) and building a life long relationship around that, in to a few keywords for the nice people algorithms at Google.

So stop reading this blurb, and give us a call to see why people love working with Penguin.

Management accounts

Monthly, quarterly or half-yearly accounts highlight how your business is performing. 

Keep it simple, or drill right down to the detail – it’s up to you.

year-end accounts

A great opportunity to take stock and plan, even if you’re a sole trader and don’t legally have to.

This is the core service we provide to most clients.

Bookkeeping & VAT

No thanks. It’s really not our bag. BUT we have close relationships with many firms who offer 100% bookkeeping and are sh*t hot at it. We can deal directly with them when it comes to your year-end accounts, too.

Tax advisory and compliance

We’ll sort out your regular personal or company tax returns. You should also think about periodic tax planning for the whole family – we can help with this.


You can do a lot more about tax savings if you have more notice. We like to meet with clients about 3 months before each year-end to see what we can save you.

payroll and pensions

Calculation of payroll, submissions to HMRC and pension providers are part of the monthly reporting cycle. Let us take care of it all. From £25pm.

I’m sometimes asked “what’s your hourly rate?” It’s an odd question, and reminds me of the firms who charge you purely based on how long a job takes – with no link to the value generated for your business. 

When required, we work to a rate of £120ph, but wherever possible we’ll just agree the cost in advance, so you always know where you stand.

Come over:

16 Claremont Dr, Taunton, TA1 4JF

M-F 8.30am – 6.00pm

S-S By Appointment

Get talking:

Tel: 01823 297 000

Fax: Really??