Services We Offer

At Gross Klein Wood Accountants in Peterborough, we cater to provide our clients with the highest quality business management services and accountancy software solutions. From tax preparation, Xero accounting to VAT management and bookkeeping, our experts specialize in all practices. Whether you are a well-established firm, a small business or a startup, you can be sure of getting flawless business management solutions with us. Below are some of our services, which we offer at the fixed monthly prices.



We can provide all the services you need. This may include management accounts so that you can monitor the business as the year progresses, or the end of year accounts to be submitted to HM Revenue and Customs. Maybe the bank need a set of accounts to review your banking facilities or when you are applying for a loan or a mortgage. Whatever your needs we can give you the accounting solution.



Bookkeeping is the process of recording your company’s financial transactions into organized accounts on a daily basis. It can also refer to the different recording techniques businesses can use. Bookkeeping is an essential part of your accounting process for a few reasons. We at GKW can provide the entire bookkeeping service to your business or perhaps we can help you to choose the right software for example with QuickBooks or Xero and set you up and monitor through the year how you are keeping your records.



This is one of the leading software providers. We are partnered with the company with certified trainers. We can assist you in setting up and using this software. In addition we can do the same with other software including QuickBooks and Sage. Gradually the government are moving all individuals and businesses to using some form of digital software and we are there to help and to remove any anxiety about engaging with these applications

Tax planning


Imagine you are thinking of buying a business but do not know what it is worth; perhaps you are considering selling your business; maybe you need to value your estate. There are many reasons why a business valuation may be required. Look no further, Martin Wood has that expertise and he and his team can provide the valuation at a budget to suit your needs.



Are you searching for professional tax accountants in the UK? Do you need competent tax advice and support? Welcome to Gross Klein Wood Accountants in Peterborough! We are a team of top tax experts providing leading taxation services and helpful tax advice in the UK. Whatever tax service you need, we can be there for you. If you are self employed we can file your self-assessment return and advise on your personal tax liabilities; if you have a company then we can prepare the corporation tax return. Our accounting and tax services for small business and individual tax accounting services aim to help you navigate all possible complexities of personal and business taxation in the United Kingdom. We are trusted tax advisors who always go the extra mile to ensure you pay the minimum tax required by UK law. Contact us today, and we will help you put things in order and plan your taxation efficiently!

Tax planning


Our tax planning services include certain products, allowances and guidelines to ensure your money is working its hardest and to ensure the tax you pay is ultimately a fair, yet minimal, amount. We aim to build a tax efficient portfolio that is uniquely yours. By making the best use of your allowances, we ensure your money is working hard for you. Through careful and efficient tax planning, we can secure you a tax bill that is ultimately fair and minimal



We can help guide you through the complexity of VAT, for example:

Do I need to register for VAT? In most cases you will need to register for VAT if you make taxable supplies exceeding the VAT registration threshold. Do I need to charge VAT? If you are VAT registered, then you will need to charge and collect VAT if the type of supplies you make are taxable at the standard or reduced rate of VAT and your business is VAT registered. What is a VAT invoice? An invoice is required to contain specific information in order to valid for VAT purposes. What is Making Tax Digital for VAT? Making Tax Digital for VAT is a new requirement that impacts the preparation and submission of VAT returns.



Gross Klein Wood Accountants in Peterborough provide professional payroll services to small and medium-sized businesses in the UK. We are highly experienced payroll service providers and enable small businesses to efficiently manage their payroll. When you sign up with us for payroll services, you can rest assured that all your payroll requirements will be looked after. Using online, secure, and highly efficient software, information and reports are shared so you and your employees have everything easily to hand. If keeping track of your payroll is costing you and your staff time and causing you headaches, then why do it yourself? We offer electronic payroll processing software solutions, which are extremely simple to use. We will set everything up for you. You just need to let us have the payroll data and your work is done, we will take care of everything else. We will provide you with online secure payslips and reports, as well as managing Auto Enrolment matters. We are happy to advise you and even assist with calculations in relation to the payroll, assist with making payments to employees and HMRC.



Helping you through the process by partnering with you, we draw on our extensive incorporation and establishment experience to understand your needs and expedite the process. This means you can focus on your core business activities.

What we do: Your company or SPV (Special Purpose Vehicle) will need formation, incorporation and administration support. No matter the complexity of the entity, we provide administrative services throughout its lifecycle and are flexible enough to tailor support to meet bespoke needs. With extensive experience in incorporation, our company secretaries and network of strong relationships with lawyers and paralegals enables us to provide you with efficient incorporation and set up timelines.


Our services include:

Registered office
Directorships and officer services
Filing documents with Companies House
Common Reporting Standards (CRS)
Know your customer (KYC) services
Corporate governance services
Post incorporation support



You want to start a business because you are an entrepreneur with a great idea and the vision to realise it. And we’re here to help you do just that. We have acted for hundreds of start-ups over the years, growing them from humble beginnings to large multi-million pound turnover companies. We want you to focus on what you do best – building your business – while we provide all the necessary background support.

Here are just a few of the ways we can help you get started:

Preparing a comprehensive business plan
Determining the best structure of your business: sole trader, partnership, limited liability partnership, or limited company
Where appropriate, assisting with company formation and company secretarial duties
Establishing relationships with banks, insurers, etc
Preparing cashflow projections and assessing finance needs
Preparing and submitting finance applications
General bookkeeping, VAT, and payroll duties
Tax planning
Management accounts
Annual accounts and (where necessary) annual audit



Focused on the needs of small to mid-sized law firms, LEAP is dedicated to developing legal case management software that helps generate efficiencies, profit and improve service. Take advantage of integrated matter management, document automation and legal accounting from anywhere at any time. We have a team trained in this software and therefore can assist law firms, solicitors and similar organisations linking this software to accounting software so that the integration is seamless. We have a wide range of legal clients and can offer that specialised service to your legal firm


What is the role of an Expert Witness? Acting as an expert witness involves consideration of all the evidence within the remit and expertise of the specialist, to be presented at Court . A report is provided to the court, and where necessary, the expert is called to give evidence under oath. It is also frequently necessary for the expert to meet with other experts appointed by other parties and resolve where they agree and disagree on the merits of the case. Martin Wood is a chartered accountant and chartered certified accountant and is also an accredited expert witness and member of the Expert Witness Institute. As such Martin is often appointed by the courts to provide business valuations, forensic accounting evidence, loss of earnings reports and a range of areas wherein the court may need a report in a trial or civil dispute or divorce.



Why not get in touch on 01733 311 896 and arrange a free, no-obligation, meeting to discuss your needs or complete our contact form below and a member of the team will get back to you as soon as possible.