What we do

Freelance & Consultants


Manage your invoices and expenses on-line.
Our UK contractor package includes all year end compliance and FREE Xero software.
Start-up’s & Small Businesses


Year-end accounts and tax compliance.
Ideal for new start-up’s, owner-managed companies and small businesses.
Tech, Digital, FS, Creative & Media


Back office finance functions > Delivered.
From weekly bookkeeping and VAT, to monthly management reporting and R&D tax credits.

Our Services










Don't just take our word for it...

"Cornel were originally recommended to us by a very credible partner of ours. And, it's been the best recommendation we've ever received."

Chris Wilson – Managing Director

Earnest Agency
"Following years of fruitless searching for accountants who could deliver what we need in terms of a finance function, meeting Cornel was a revelation."

Mark Houlding – CEO

"Cornel are refreshing to work with and they always offer "best advise", providing really objective views and a wide spectrum of business strategies."

Jimmy MacDonald – Founder & MD

"From our early seed funding phase, Cornel have been instrumental in our success thus far. I can't recommend them highly enough to any UK start-up"

Mark O’Connell – Founder

"Cornel continue to deliver the right level of advisory and 'hands-on' accounting services that a new company like ours requires."

Gabriela Hersham – Founder & CEO

"I would highly recommend Cornel to any start up business trying to punch above its own weight."

Victoria Sheridan – Managing Director


Who we are

Removing the red tape – we’re on your side, we’re open and we’re relaxed.
team member

Mike SmithFFA, FFTA

team member

Denis Lonergan

team member

Richard JonesFCA

team member

Terry Harvey

team member

Geraldine Joyce


What makes us different?

We view ourselves as that little bit different – not in what we do – but the way we do it. We specialise in delivering simple and more transparent accounting services to business owners who demand a ‘real-time’ solution to the accounting, compliance and reporting needs of their business. Integrated across two independent firms with shorter decision making chains and supported by cutting-edge software, we’re set free to work remotely ‘in-the-cloud’ around the individual needs of our clients.

Our Firms & Accreditations

Cornel (London) Limited | Registered in England: 06907059 Regulated & monitored IFA Member firm: M240243 (FFA, FFTA) Regulated & licensed AAT Member in Practice: 240918 (MAAT) Cornel (Partners) Limited | Registered in England: 05855639 Regulated & monitored ICAEW Member firm: C001491234 Registered to carry out Audit work


Recent Thinking

Tax tips & news from our BLOG.

CORNEL client Earnest at the #B2BAwards!

A huge night lays ahead… Our client Earnest Agency are nominated for numerous awards at the #B2BAwards tonight, held at the HAC London. We’re keeping everything crossed and hope to see more awards on the trophy table from the...

Annual Investment Allowance – Reduction

The annual investment allowance (AIA) will be cut from £500,000 to £200,000 on January 1st 2016. How might this affect your business and should you consider bringing forward any major capital expenditure? RECAP – The annual investment allowance (AIA) was...

CORNEL client Code Kingdoms secure £875K

As we begin a new week, we’re once again delighted to announce another successful fund raising round for a CORNEL client. Code Kingdoms has closed its second round funding with £875K raised from lead investors such as Blenheim Chalcot and...

CORNEL client Huckletree raises £2.4m

We’re absolutley delighted to announce that our client Huckletree, a community of startups, entrepreneurs and tech investors has now closed a £2.4 million Series A round of funding to expand its offering of coworking spaces in London. Growth plans...

New CORNEL Client – Earnie Agency

We’re delighted to welcome another new client to CORNEL – www.earnie-agency.com Earnie is a sports and sponsorship marketing specialist agency, based in London. Helping rights holders and sponsors get closer to their audiences. In an increasingly competitive landscape Earnie will...

Director Loans – the tax trap

REPAYING YOUR INITIAL CASH INJECTION? THERE COULD BE A TAX CHARGE. Many small businesses are started with a great idea and an initial injection of cash into the company from the owner-manager. Business is now doing okay and you’d...

New CORNEL Client – Kaizen Search...

Some Friday news! We’re delighted to welcome a new client to CORNEL – www.kaizensearch.co.uk Kaizen are an award winning digital marketing agency that delivers innovative SEO and content marketing campaigns for brands. Delivering growth through continuous improvement, first-class technical...

New CORNEL Client – Call Squad.com

We’re delighted to welcome a recent new client to CORNEL – www.callsquad.com Call Squad makes it lightning-quick to launch a call campaign to connect with your contacts, helping improve productivity and have more conversations. Campaigns can be launched in...

Company Owners – More Tax…

MAJOR CHANGES TO HOW COMPANY OWNERS WILL BE TAXED ON DIVIDENDS In my last post I touched on the proposed new dividend tax and as expected this change in the Summer Budget is creating much noise. So just how...

Tax on Dividends. All change!

  ARE WE SOON TO SEE THE END OF TAX MOTIVATED INCORPORATION?   Dividends. For small business owners, perhaps the most controversial announcement from the Summer Budget 2015 was the overhaul of tax on dividends. From April 2016 the...

Profits… to retain or extract?

  Why retain profits within the company instead of extracting them? If you do not need to draw all profit straight away then a tax saving strategy could be to leave the profit in the company. Leaving profit in...

Employment Allowance – did you remember?

  The £2,000 employment allowance (EA) remains available for the 2015/16 tax year. If you manage your own company payroll and want to continue claiming it, there’s no need to re-insert the “Yes” marker on your employer payment summary...

Flexible Working: can you ask why?

As an employer you should by now know that any employee with at least 26 weeks’ continuous service now has the statutory right to request a flexible working arrangement. So, if they do, can you as the employer demand...


Starting in June 2015 auto-enrolment will start to apply to companies with fewer than 30 employees. It won’t affect all these companies at once, but will be phased in over the next two years. If you don’t know your...

Child Benefit if your income is...

Previously the government stated that anyone with children paying higher rate tax would lose any Child Benefit completely. However, with a slight change to this policy you currently have to pay a tax charge, known as the ‘High Income...

Letting a Second Property?

Income tax impacts on every UK resident’s life, no matter what form of income they have. For most people ownership of a family, or second, home will have no income tax consequences. However, there are situations where tax does...

Going it alone in 2015 ?

6 key points for those who are thinking of starting a new business in the new year. The new year is not too far away and with it comes an ideal opportunity for a fresh start. For the entrepreneurial...

Changing from self employed to a...

If you are working as a self-employed contractor you may wonder whether it is worth becoming a limited company. This blog post will help you to decide and also give more information about the implications of changing. When your...

Freelance Contractor Association calls for changes

The association for Independent Professionals and the Self-Employed (IPSE), formerly known as Professional Contractors Group (PCG) has published a policy document setting out action points that it believes will significantly improve the business environment for independent workers in the...

HMRC: Declare income from online trading.

The profits from selling online are subject to tax in the same way as any other income and earnings must be declared to the Revenue, as one trader found out to his cost recently. John Eric Woolfenden, 52, from...

RTI penalties delayed by HMRC (again!)

On 6 October 2014 HMRC were due to start issuing RTI (Real Time Information) in-year late filing penalties. But they have decided to delay these for smaller employers….what’s the full story? Delayed again. HMRC’s original plan was to bring...

DIVIDENDS. What are they and how...

For many small companies (freelancers, consultants and contractors etc), the main income withdrawn from the company will often be in the form of dividends. With many director shareholders often asking the same question, CORNEL’s Mike Smith explains in some...

October 31 self-assessment deadline fast approaching

Anyone submitting a paper based tax return has only until midnight of 31 October to do so. Meanwhile those who have not yet registered for self-assessment really have to act quickly as the registration deadline is this Sunday, 5...

HMRC: Declare income from online trading...

The profits from selling online are subject to tax in the same way as any other income and earnings must be declared to the Revenue, as one trader found out to his cost recently. John Eric Woolfenden, 52, from...

Clients choose us because we're on their side

Call Squad

Our Fees Explained

THEY SAY accountants will cost you the earth.    WE SAY it’s time you knew the truth.

Are we the cheapest?… No, nor are we the most expensive.

We’ll gladly give you an idea of our fees now, simply by phone or email if you prefer?
We don’t hide from the fact if you look hard enough you will always find a cheaper firm but we do like to think that our fees are transparent, fair and fully reflective of the level of service you can expect to receive.
Not local to our offices ?  Not an issue. We work ‘in-the-cloud’ and can manage all your requirements remotely.
For contractors and small businesses using Xero, we offer fixed price accounting packages with flexible monthly payment options. For further details please refer to our Xero Packages page.

Get in touch…

We’re ready when you are.

The Chilterns
  • Denmark House
  • 2nd Floor, 143 High St
  • Gerrards Cross SL9 9QL
North London
  • 115 Alexandra Park Road
  • Muswell Hill
  • London  N10 2DP
Latest tax tips & news from CORNEL

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