Tax
Day to day
Contractors and freelancers
Online and property
Professionals and start-ups
Popular areas
Free calculators
Fitness businesses grow from one trainer to a studio with a team. The accounting grows with it: VAT, payroll, equipment and recurring memberships.
Fitness accountants look after VAT on sessions and memberships, equipment, studio costs and the status of self-employed trainers. Many trainers start on Essential at £45.83 + VAT a month and move to Complete as they grow.
The parts of the rules that matter most for this kind of company.
Personal training and classes are generally standard-rated when supplied by a company, so the threshold is a key date.
Gym equipment and studio fit-out qualify for capital allowances, often in full in the first year.
Prepaid blocks and memberships create deferred income that must be recognised as sessions are delivered.
Hiring trainers on a self-employed basis needs the right contracts and evidence.
The parts of the job that matter most for this kind of company, and how we handle them.
Personal training and classes supplied by a company are generally standard-rated, so VAT starts at £90,000 of taxable turnover. Prepaid blocks and memberships create income that should be recognised as sessions are delivered, not when the money arrives.
We set up deferred income for blocks, track the rolling VAT figure and register you in time.
Weights, machines and studio fit-out qualify for allowances, often in full in the first year. A studio lease brings rent, rates and sometimes VAT on rent if the landlord has opted to tax.
We classify each purchase, claim the right allowance and keep the lease details in your records.
Hiring trainers as self-employed or employed has different tax, insurance and pension consequences. Control over hours, methods and clients decides which is right, and the paperwork must match.
We set up payroll for employed staff and clear terms for self-employed trainers.
Public liability, professional indemnity and registration fees are allowable and should be recorded.
What happens, and when.
It overstates profit before the sessions are delivered.
A growing studio can pass £90,000 quickly.
Control and hours can make them employees.
Prices exclude VAT. Final price depends on turnover and options.
Micro and new companies
£45.83a month + VAT
Trading and online businesses
£62.50a month + VAT
Growing, data-led teams
£75a month + VAT
Full expensing gives 100% first-year Corporation Tax relief on qualifying new plant and machinery, and the Annual Inv...
→GuideVAT is a tax on most goods and services, charged at 20% standard rate. Companies must register once taxable turnover ...
→ArticleHow capital allowances work for limited companies: the Annual Investment Allowance, full expensing, cars, vans and ho...
→ArticleStep-by-step guide to registering a limited company for VAT: the £90,000 threshold, the 30-day rule, voluntary regist...
→“He took the time to explain every step of the process and made a complex situation much easier to understand.”
“They take the time to understand how our business works and what our needs are.”
“Very prompt in responding to questions and patient with us even when we seem to be slow.”
“He took care of everything promptly and kept me informed throughout, which was greatly appreciated.”
“It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about.”
“The work was completed promptly, my tax return was successfully filed.”
Once your taxable turnover passes £90,000, yes, as sessions are normally standard-rated. You can also register earlier voluntarily.
Tell us about your company and we will confirm your fixed fee within one working day.