We are an imaginative, ambitious team of accountants continually striving for ways to improve service and streamline processes. Significant investment in technology allows us to use our time together more effectively.
Liberated from the traditional number crunching we are able to personally advise, guide, support and review. We present you with an ongoing picture of your financial position in real time meaning you can make plans and decisions with confidence. Specialising in businesses of a turnover between £30,000 and £5 million, we take our time to understand the inner workings of your business, scrutinise the detail for even the smallest client and work closely with you to help you achieve your ambitions.
Ahead in the Cloud
Traditionally you may deliver your books and records to your accountant three months after the year end and about a month later your tax position would be calculated. In reality, you would have been unaware of your tax liability during your accounting year and therefore your tax liability would have crystallised at the year-end date.
The evolution of cloud technology has enabled us to work closely with our clients and share access to the most up-to-date financial information. We have therefore heavily invested in our team to provide professional advice on the latest cloud technology to provide you with a relevant, timely financial position. Cloud technology enables us to work closely with you on a quarterly or six-monthly basis to review your tax position during the financial year, enabling us to manage your tax liability not simply reacting to it months after the accounting year has ended.
Cloud Accounting Login
Hunts are accredited partners to market leading cloud accounting platforms
Xero and Quickbooks. Access your account via the buttons below.
Our Services - We are here to help
Whether you are a start up business or an established small to medium sized company, we are here to provide the services you need to complete the full picture of your accounts. We'll help you maximize the potential of your business or new ideas.
At Hunts, we go beyond the standard financial reporting compliance. We use the latest accounting software and technologies to produce accurate up-to-date financial information to help our clients make informed timely decisions.
We understand that VAT often seems like a burden; the statement of being an "unpaid tax collector" is frequently heard. Although the government have tried to lessen the burden on small and medium sized business’s it still remains that calculating it correctly and delivering the VAT Returns on time takes you a considerable amount of time. We work with clients to help them prepare and submit their VAT Returns, and this can be in conjunction with the book-keeping service.
Hunts can also help you choose the right VAT scheme for your business - this decision alone could substantially improve your cash flow and potentially save hundreds of pounds in the amount actually paid to HMRC. In addition it can also significantly reduce the risk of genuine errors made and therefore time and money should you be the subject of HMRC visit.
We use a software based system for this which maintains the electronic file facility with Companies House. This means that maintaining and making amendments to your statutory records, filing confirmation statements can be made on a same day basis.
Getting the right advice about the structure of your business is crucual, as the business grows we ensure you maximise all available tax allowances and reliefs. We also provide proactive advice if you look to acquire or sell business to ease the pressure that come with this process.
Preparing payroll each month can be time consuming and complex, directing resources from core business activities. Its complexity is amplified by changing auto-enrolment, RTI, employment legislation processes and the accompanying regime of penalties for non-compliance. Whatever your business type or size (sole trader, small business or limited company), efficient payroll systems are crucial. We offer a full, flexible and tailored payroll bureau which not only relieves you of this pressure but also includes payroll advice to improve the performance of your business. Our service includes:
Advice on PAYE/CIS/National Insurance liabilities and due dates
Administration of statutory payments
Completion of statutory forms, including yearend returns to issue to your employees and submit to HMRC
Administration of starters and leavers
Advice on taxable employee benefits (eg. Company cars, employee loans)
With HMRC's new system of penalties or errors, having on of our accountants complete your annual self-assessment tax return on your behalf, can give you peace of mind. As well as preparing your returns Hunts are here to give advice on maximising your allowances and reliefs, mitigating inheritance tax liabilities and advise on capital gains issues.
Tax investigations are on the increase, with individuals and companies alike being targeted and under more scrutiny than ever.
Investigations are stressful, time-consuming and costly for the party involved. As your Accountant we want to protect you where possible which is why we offer a Fee Protection Insurance service which covers you against the cost of professional fees associated with a tax investigation. The cost for this protection varies according to whether you are a Limited Company, Partnership, Sole Trader or SelfAssessement client. Please contact us for more detail.
We have the facility within the office to take instruction from a client in the morning to form a new private limited company, and be able to provide them with the certificate of incorporation with full company registers, memorandum of articles of association by the close of play the same day.
The benefits of choosing the right accounting software are considerable: simplifying clients' administrative process and providing relevant, timely and accurate information to you and to us, ensuring we focus on real-time advice, support and planning in a cost efficient way.
Cloud accounting software has the benefit of enabling our clients and us to work on your accounts jigsaw puzzle in unison: you choose which pieces you do, while we work on the rest, and both parties have access to the full picture in real-time.
We work with Quickbooks, Xero and Sage software and are able to integrate these into your accounting services with the provision of practical advice and support.
If you would like more advice or just need to chat an issue through, please talk to Nick on 01935 815008 or email
Alternatively, simply provide your details here and we will call you back.
Download our App
Our free mobile tax and finance app brings our accounting tool kit to your fingertips, 24/7. Functions include our GPS mileage tracker, latest tax calculators, key tax dates, useful tax tips, and partner links to QuickBooks and Receipt Bank.
Available free from:
How to e-sign on Openspace
QuickBooks Online 2016 Tutorial
Nick Hunt FMAAT, Quickbooks Certified ProAdvisor
Nick began his accounting career with Yeovil based firm Hunt Wagstaff (no relation), at the tender age of 16. He qualified as a professional accountant within his first 3 years and went on to work with Marshall Beavan in Gillingham. Following a period of time travelling Europe, Nick set up Hunts Accountants in 1998 in Sherborne. Since then Nick has provided insight, strategy and accounting support to over 1100 clients, serving as accountant bedrock to businesses in Sherborne and throughout Dorset and Somerset.
Andrew Morgan AAT, Certified Quickbooks Online ProAdvisor
Andrews' industry experience gives him excellent insight into how accounts are managed from the client side. Andrew is involved in preparing VAT and Management Accounts across a variety of clients and is a Certified QuickBooks ProAdvisor.
Emma Robins AAT
Business Support Manager
Originally from Zimbabwe, Emma joined Hunts in 2011. After completing her AAT she was able to leverage her expertise as a Business Support Manager.
Amy Sellick BA Hons
Amy brings to Hunts an assortment of international marketing and project management experience. Having worked freelance whilst raising a family, she enjoys the opportunity to work with local clients, businesses and Sherborne Chamber of Trade. Amy supports across the business from marketing, HR to administration.
Jenny Lee FMAAT, FCCA
Jenny joined Hunts Accountants in April 2014 and brings with her a wealth of experience. She has worked with a wide range of clients from sole traders to limited companies covering all aspects of accounting from bookkeeping, VAT preparation, payroll, corporation tax and personal tax.
Maria Sobczyk QuickBooks Certified ProAdvisor
Maria completed her AAT qualification before starting a family and went on to practise accounting with her private clients from home. She brings to Hunts invaluable experience in partnerships and sole traders accounts.
Aaron is an apprentice accountant, working towards his AAT qualifications. When not in the office Aaron loves football and plays in the Dorset league for Gillingham ham Town FC.
Luke Vivash ACCA, MAAT, Quickbooks Certified ProAdvisor
Luke joined Hunts in 2012 and completed his AAT and ACCA qualifications whilst with Hunts. In addition to preparation of clients’ accounts Luke plays a key role in the implementation of Hunt’s new accounting software technologies. He is our in-house Xero and QuickBooks expert and a certified ProAdvisor.
Natasha Wiltshire MAAT
Natasha joined Hunts in 2007 and completed her AAT qualification whilst with us. In between time out to have children, Natasha has achieved her fellowship status, and is responsible for client’s accounts preparation, business and personal tax for sole traders, partnerships and limited companies.
Melanie Wareham Quickbooks Certified Proadvisor
With 31 years experience as a bookkeeper, Melanie is our resident expert. She has experience across many bookkeeping platforms and is Quickbooks and Xero Certified.
Tom Pike BA Hons, QuickBooks Certified Proadvisor
Tom joined Hunts in 2017 after completing his degree in Accounting and Business at Bournemouth University, and is currently working towards his Chartered Certified Accountant status. Tom assists in the preparation of year end and management accounts.
Luke Newell-Ashworth CIPP
Luke is responsible for managing the Hunts payroll bureau. Luke is a member of Chartered Institute of Payroll Professionals and has a wealth of experience across all aspects of payroll, auto-enrollment, NIL and CIS.
Helen ensures the smooth running of business administration across the firm, bringing a wealth of administration and client service experience from previous roles.
Hunts are fantastic accountants that have advised us thoroughly as we have grown from a small start up to a multi million pound turnover company. Always on hand to help and advise, I would thoroughly recommend them to businesses both big and small.
Ross Davies, Koin Ltd
We moved to Hunts accountants last year and it was the best move we have made! The advice we have received has been invaluable, the whole team have been helpful and welcoming with a wealth of knowledge. The software we now use has saved us lots of time and made our lives so much easier-thank you!
Sophie Smith, AJS Plumbing and Heating
After 18 years of using Hunts accountants we are as happy as we ever have been. The best thing about Nick and his team (apart from great advice over the years) is that Nick talks our language. It`s been a pleasure watching Hunts grow from strength to strength and I believe that hunts accountants is large enough to support any business large or small. Well done Nick and team and good luck for the future.
Martin Hann, Wentin Fastners Ltd
Our role and responsibility with intaconsult is to maintain a long term relationship whilst providing an excellent service and reliable long term support for our clients, and the same applies to intalet, with our clients and their homes, both in the UK and Ireland. We are busy being busy, and we depend on Hunts to keep us on the right path, and see this as a long term partnership, which started in 2006. Nick and his team rock!
John Griffin, Intaconsult Ltd
Having worked with Hunts for many years the personal business advice we get is always well considered, and very necessary for a small company, which goes far beyond accountancy.
Ken Peterkin, Arttus Ltd
We have been clients of Nick Hunt since 2006. Hunts Accountants are superb. During my time with him, I was a practising Doctor.
Professional, accurate, and a very personal service.
Always helpful and prompt in response.
David and Jackie Townsend
Some accountants speak solely in numbers. Nick's language is different; he absolutely knows his numbers of course but he also listens, he makes sensible workable suggestions and his guidance is invaluable. That's why I think of him as part of my team.
Joanne Myram, MD - Positive PR
From day one Nick and his team have made us feel important and not just another client. With Hunts in our corner we have seen huge growth within our company. Hunts have helped guide us throughout this period and become a crucial member of our team. Nick has not always told me what I wanted to hear and that degree of honesty has proved invaluable to me as we move forward.
Robert Rice, Director - Robert Rice Contractors Ltd
We have been associated with Hunts Accountants for many years. They go above and beyond what is required not only in service but quality of advice. Their expertise in looking after our accounts is second to none. Part of the service we receive is quarterly meetings with them, which has enabled us to grow our business in a very competitive market and move quickly when required. Nick has built up a great team who look after us - why would we go anywhere else?
Glenn Coombs, Director - Shelleys The Printers
Nick has been my accountant since the outset of my business in 1997, both of us as new companies. In this time Nick has always been open to ideas and professional with his advice, even if it wasn’t what I wanted to hear! His innovative approach is always up to date, with a flexible working relationship which has been of great benefit to the progress of our business. I would have no hesitation in recommending him and his team for all areas of accountancy.
Robbie Roskell, Director - Robbie Roskell Architectural & Building Consultants Ltd
We have not looked back since moving to Hunts. It has been so much easier to get answers to our questions and we value Nick's personal input when we invite him to contribute to our meetings. Nick's team has an excellent work ethic and it is a testament to him and his staff that they have recently had to expand into new offices.
David Stewart, Director - Sherborne Cottage Building Company Ltd
Hunts have been our accountants for the last three years and during this time we have found them to be very helpful, efficient and knowledgeable to our needs. Their business advice has been invaluable and has enabled our small business to continue to prosper through tough times. The service they provide is excellent, with friendly staff always ready to give that personal touch.
Kevin & Susan Pearson, Owners - The White Hart Inn, Corfe, Taunton
I have used Hunts for the last fifteen years. I consider that a large part of the success of my business has been as a direct result of Nick's sound but imaginative advice. Whenever I have a financial issue I never hesitate to ring Nick for a chat and I always look forward to our meetings, he might be an accountant but he is never dull.
Beverly Martin, Owner and Director - St Denis Lodge
17th July 2020
Temporary reduction in VAT and how to handle this in your accounting software
Further to the changes announced in last week’s Summer Statement, HMRC have released details in relation to the temporary reduction in VAT, which comes into force tomorrow. We are have summarised these changes for you below and included guidance on how to apply the new VAT rate in Xero, QuickBooks and Sage.
Temporary reduction in the rate of VAT for hospitality, attractions and holiday accommodation sectors:
These VAT Changes will be effective from 15th July 2020 to 12th January 2021.
The VAT Rate will be reduced from 20% to 5% during this period.
Flat Rate Scheme – certain percentages have been reduced in line with the introduction of the temporary reduced rate of VAT.
This will affect the following sectors:
Hot and cold food and non-alcoholic beverages sold for on-premises consumption i.e. in restaurants, cafes or pubs.
Hot takeaway food and non-alcoholic beverages taken off premises.
Sleeping Accommodation in hotels or similar establishments, holiday accommodation, pitch fees for caravans and tents and associated facilities.
Admissions to the following attractions which are not already eligible for the cultural VAT exemption: Theatres, Circuses, Fairs, Amusement Parks, Concerts, Museums, Zoos, Cinemas, Exhibitions, Similar cultural events or facilities. Where admission to these attractions is covered by the existing cultural exemption, the exemption will take precedence.
Cloud software provider, Xero, have issued guidance in relation to applying the new VAT rate within Xero:
For most Xero users the reduced 5% VAT Reduced Rate is already available in Xero. All you need to do is to select the appropriate VAT Rate for affected suppliers as instructed by HMRC from 15th July to 12th January 2021.
If you prefer to identify the new Tax Rate you can go to the Accounting Tab and then select Tax Rate at the bottom of the Tab.
Then select New Tax Rate Add your new description and the 5% VAT and Save.
Similarly QuickBooks have issued the following guidance:
If you are not already able to select the 5% VAT Rate when creating Sales or Purchase Invoices you need to do the following:-
Go to your Taxes Tab, then Select VAT
You will see a box that says EDIT VAT, please click on this
There will be a drop down box select EDIT RATES
You should then be able to see a 5% Reduced Rate Please switch this to the on position.
If you are not able to see the 5% Rate please click on ADD TAX RATE box
Then Add the 5% Tax Rate for Sales & Purchases and save at the bottom of the screen.
As always our team are on hand should you have any further queries
9th July 2020
Chancellor's Summer Statement
Yesterday saw the release of the eagerly awaited summer statement. As usual, we wait for the detail to be provided but have put together a summary of the key points in the meantime.
The main focus of the statement was on jobs, with the following announcements:
The chancellor confirmed the Coronavirus Job Retention Scheme will come to an end in October as previously announced.
He also announced incentives to bring furloughed employees back from furlough and for employers to create new job opportunities. Employers who bring back furloughed staff and continue to employ them from November to January will receive a £1,000 bonus per employee. The employment must be continuous and the employee must earn an average of £520 per month over this period to qualify.
Bonuses of between £1,500 and £2,000 will be paid to employers who take on trainees and apprentices .
A new scheme called the ‘Kick Start’ scheme will be launched. The scheme will encourage employers to create new jobs for 16-24 year olds and the government will pay their wages plus overheads for the first six months, estimated to be worth £6,500.
A temporary reduction in the VAT rate will apply to all businesses in the food, accommodation and attractions sectors. The VAT rate will fall from 20% to 5% from next Wednesday 15th July to January 2021.
The “eat out to help out” scheme will also be introduced for the month of August: every-one, including children, will receive a discount for participating businesses. Meals eaten Monday to Wednesday will be entitled to a 50% discount capped at £10 per head. Businesses will need to register for the scheme through a website opening Monday 13th July. Those businesses can then claim the money back weekly.
A reduction in stamp duty has been introduced with immediate effect, increasing the nil rate threshold from £125,000 to £500,000. The increase will be temporary and will cease in March 2021.
We will provide more detail, including dates and links, as soon as it is available to us.
We are always interested to hear from talented individuals looking to take the next step in their career.
Please address your CV to Nick Hunt at: Hunts Accountants, The Old Pump House, Oborne Road, Sheborne, Dorset DT9 3RX or email .
See below for details of our current vacancies.
We currently have no vacancies.
The Old Pump House, Oborne Road, Sherborne, Dorset DT9 3RX | Tel: 01935 815 008
Offering accounting services for businesses throughout Sherborne, Dorset and Somerset.