Ibissandco.com Review

Based on looking at the website Ibissandco.com, it appears to be a legitimate and professional accounting firm based in the UK.

The site provides a comprehensive overview of their services, team, and contact information, which are all strong indicators of a trustworthy business.

Overall Review Summary:

Service Offering: Comprehensive accounting and tax advisory services for businesses and individuals.
Transparency: Clear information on services, pricing structures though some are “from” prices, which is standard, and team expertise.
Contact Information: Multiple phone numbers, email addresses, and physical office locations provided.
Team Expertise: Highlights Ex-HMRC Inspectors, Tax Lawyers, and Chartered Tax Advisors.
Client Testimonials: Features reviews from Google, Facebook, Vouchedfor, and Trustpilot.
Awards & Accreditations: Mentions industry awards and recognitions, with a dedicated page linked.
Educational Content: Includes a blog with articles on tax and business advice.
Ethical Consideration Islamic Finance: The core services tax planning, accounting are permissible. However, the mention of “discounts on Mortgage services” could be a concern for Muslim clients if those services involve interest-based financing Riba. The website does not specify if the mortgage services are Shariah-compliant.

The website presents itself as a highly experienced and reputable firm.

The breadth of services, the detailed contact information, and the testimonials from multiple platforms build a strong case for its legitimacy.

The inclusion of a blog with relevant articles also demonstrates a commitment to providing value beyond just transactional services.

For Muslim clients, the main point of caution would be to inquire specifically about the nature of any financial products or referrals, particularly regarding mortgages, to ensure they align with Islamic financial principles, which strictly prohibit interest Riba.

Best Alternatives for Ethical Financial Services General, Non-Interest Based:

When seeking financial services, especially if you’re aiming for ethical and Shariah-compliant options, it’s crucial to look beyond conventional offerings.

Here are some alternatives that focus on ethical finance principles, emphasizing real asset-backed transactions and avoiding interest, excessive uncertainty, and prohibited industries.

Guidance Residential
- Key Features: Offers Shariah-compliant home financing Ijara, Murabaha, property acquisition, and refinance programs. Focuses on rent-to-own or cost-plus financing models.
- Average Price: Varies based on property value and financing structure.
- Pros: Explicitly Shariah-compliant, established in the US, transparent contracts, focuses on real asset ownership.
- Cons: Limited to real estate financing, may have stricter eligibility criteria compared to conventional lenders.
Amana Mutual Funds
- Key Features: Manages mutual funds that invest only in Shariah-compliant companies no alcohol, tobacco, gambling, conventional finance, etc.. Offers various fund types growth, income, international.
- Average Price: Expense ratios typically range from 0.80% to 1.50% annually.
- Pros: Easy way to invest ethically, professionally managed, diversified portfolios, regular screening for Shariah compliance.
- Cons: Investment performance can fluctuate, management fees apply.
Saturna Capital
- Key Features: Parent company of Amana Mutual Funds, provides broader asset management services with a focus on ethical and Islamic investing principles.
- Average Price: Fees vary based on services e.g., advisory fees for managed accounts.
- Pros: Expertise in socially responsible and Islamic investing, long track record, transparent investment policies.
- Cons: Primarily focused on investment management, not direct accounting services.
Wahed Invest
- Key Features: A robo-advisor platform offering Shariah-compliant investment portfolios. Diversifies investments across Sukuk Islamic bonds, equities, and gold.
- Average Price: Management fees around 0.99% for smaller accounts, decreasing for larger sums.
- Pros: Low minimum investment, automated diversification, easy-to-use app, globally accessible.
- Cons: Limited customization options, newer player compared to traditional firms.
Zoya App for stock screening
- Key Features: Mobile application that screens individual stocks for Shariah compliance, helping users build their own ethical investment portfolios.
- Average Price: Free basic version, premium subscription for advanced features e.g., $10-$15/month.
- Pros: Empowers individual investors, comprehensive compliance reports, user-friendly interface.
- Cons: Requires users to actively manage their own investments.
Islamic Finance Knowledge Portals e.g., AAOIFI
- Key Features: While not a product, resources like AAOIFI Accounting and Auditing Organization for Islamic Financial Institutions provide crucial standards and guidance for ethical financial practices.
- Average Price: Access to standards and publications may involve fees or membership.
- Pros: Authoritative source for Shariah compliance, essential for validating financial products and services, provides educational resources.
- Cons: Not a direct service provider, requires self-learning.
Halal Investing Books/Courses
- Key Features: Educational materials that teach the principles of Islamic finance and ethical investing, empowering individuals to make informed decisions.
- Average Price: Varies widely, from free online articles to courses costing hundreds of dollars.
- Pros: Self-empowerment, foundational knowledge, helps identify permissible opportunities.
- Cons: Requires dedication to study, not a direct financial service.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Ibissandco.com Review & First Look

When you land on Ibissandco.com, the immediate impression is one of professionalism and clarity.

The website, belonging to IBISS & CO Limited, a London-based chartered accountancy firm, focuses on delivering tax and accounting services to businesses and individuals across the UK.

It prominently displays contact information, service offerings, and trust signals right from the get-go.

Initial Impressions of the Website Structure

The site is well-organized, featuring a clean layout that guides visitors through various sections such as “Our Services,” “About Us,” “Resources,” and “Contact Us.” The navigation is intuitive, allowing users to quickly find information on specific tax advice or accounting needs.

This thoughtful structure indicates a client-centric approach, aiming to make complex financial information accessible. Triabeauty.com Review

Key Information Displayed

One of the strengths of Ibissandco.com is its transparency regarding crucial business information. The homepage immediately provides:

Contact Details: Email [email protected], phone numbers 0203 808 0999, 0208 626 7098, 0203 393 1654, 0113 247 0505, and physical addresses for multiple offices in London, Barking & Essex, and Mayfair with a Leeds address listed under Mayfair.
Business Hours: Clearly stated Monday to Friday, 9:00 AM – 6:00 PM, with weekends closed.
Team Expertise: Highlighting the presence of “Ex-HMRC Inspectors, Tax Lawyers, and Chartered Tax Advisors” within their team, lending credibility to their claims of specialized knowledge.

Professional Presentation and Design

The website’s design is modern and professional, utilizing a clean color palette and clear typography.

This aesthetic choice aligns with the seriousness and trustworthiness expected from a financial services firm.

The use of clear headings and concise paragraphs ensures readability, preventing information overload, which can be common in financial domains.

Overall, the first look suggests a firm that takes its digital presence seriously, reflecting a commitment to professionalism in its services. Designlayeragency.com Review

Ibissandco.com Pros & Cons

Alright, let’s break down the good and the not-so-good about Ibissandco.com, strictly from an observer’s standpoint based on their website.

Think of it like a quick audit of their online storefront.

Strengths and Advantages of Ibissandco.com

From a detailed look, Ibissandco.com has several compelling advantages that position it as a serious contender in the accounting and tax advisory space.

Clear Value Proposition: The website immediately articulates its core mission: “maximising your wealth and minimising your taxes across The UK.” This direct approach resonates with potential clients seeking tangible financial benefits.
Specialized Expertise: They heavily emphasize their team’s credentials, including “Ex-HMRC Inspectors, Tax Lawyers, and Chartered Tax Advisors.” This isn’t just about having accountants. it’s about having specialists who understand the intricacies of tax law and potential investigations, a huge plus for complex cases like COPE 8 and COPE 9 notices.
Comprehensive Service Range: The sheer breadth of services is impressive. From statutory accounts and VAT to niche areas like “High Networth Individual taxation,” “Inheritance Tax Planning,” and “Let Property Campaign,” they cover nearly every accounting and tax need for individuals and businesses of all sizes.
Multi-Location Presence: With offices in Tooting, Barking & Essex, and Mayfair with a Leeds address also listed, they demonstrate a physical footprint, which can be reassuring for clients who prefer in-person consultations or local access. This widespread presence suggests a well-established operation.
Strong Trust Signals: The website leverages several key trust indicators:
- Awards & Accreditations: A dedicated section highlights their “industry-leading awards and recognitions,” which can significantly boost confidence.
- Client Testimonials: They prominently feature reviews from well-known platforms like Google, Facebook, Vouchedfor, and Trustpilot. The quotes provided appear genuine and positive, reinforcing client satisfaction.
- Professional Blog: The “BLOG” section offers helpful tips on tax accounting and business advice, demonstrating thought leadership and a willingness to provide value beyond direct services.
Transparent Pricing Structure Initial: While not every service has an exact price, they provide “from” pricing for packages like Sole Trader £30 +VAT per month and Ltd Company £70 +VAT per month, and an hourly rate for Tax Advice £150 +VAT per hour. This offers a preliminary cost estimate, which is more transparent than many firms that offer no pricing upfront.
User-Friendly Interface: The website is clean, easy to navigate, and mobile-responsive, ensuring a smooth experience for visitors on any device.

Considerations and Potential Drawbacks

While the website shines in many areas, there are a few points where a discerning user might seek more clarity or where general ethical considerations come into play.

Limited Specificity on “Discounts on Mortgage Services”: The most notable area for a discerning ethical client is the mention of “Discounts on Mortgage services” and “Business Insurance” within their package details.
- Ethical Concern: For clients adhering to Islamic finance principles, conventional mortgages involve interest Riba, which is strictly prohibited. The website does not specify if these mortgage services are Shariah-compliant or if they refer clients to specific ethical lenders. Without this clarification, a Muslim client would need to independently verify the nature of these financial products, which could be a significant barrier.
- Recommendation: For a truly inclusive and ethical approach, it would be beneficial for Ibissandco.com to clarify if they partner with providers offering Islamic financing options or to advise clients on navigating ethical considerations for such products.
“From” Pricing Ambiguity: While offering “from” pricing is a good start, some users might prefer more detailed breakdowns or tiered pricing structures for packages, as the final cost could vary significantly depending on the client’s specific needs.
Lack of Detailed Case Studies: While the blog offers general advice, specific case studies detailing how IBISS & CO successfully handled unique or challenging client situations beyond generic testimonials could further enhance their credibility and showcase their problem-solving capabilities.
Accessibility of Full Accreditations: While they mention “Awards & accreditations” and link to a page, a direct list of specific accreditations e.g., ICAEW, ACCA registration numbers on a prominent page could add an extra layer of verifiable trust.

In essence, Ibissandco.com presents as a robust and professional accounting firm. F-m-p.uk Review

The primary point of caution for a specific demographic, particularly those adhering to Islamic finance, lies in the lack of explicit detail regarding the Shariah compliance of referred financial products like mortgages.

Ibissandco.com Services and Offerings

Ibissandco.com positions itself as a comprehensive financial partner, offering a broad spectrum of accounting and tax services designed to cater to diverse client needs, from sole traders to multi-national corporations.

They aim to simplify financial complexities and ensure compliance while optimizing financial outcomes.

Core Accountancy Services

The firm provides foundational accounting services crucial for the day-to-day operations and statutory compliance of businesses.

These services ensure that clients meet their legal obligations and maintain accurate financial records. Palvigo.com Review

Statutory Accounts: Preparation and filing of annual financial statements required by law for limited companies. This is a non-negotiable for compliance in the UK.
VAT Accountants: Assistance with VAT registration, preparation of VAT returns, and advising on VAT schemes. Given the complexities of VAT, expert guidance is invaluable for businesses.
Payroll Services: Handling all aspects of payroll, including salary calculations, PAYE deductions, national insurance, and pension contributions. This frees up businesses from administrative burdens.
Bookkeeping Services: Maintaining meticulous financial records, categorizing transactions, and preparing regular financial reports. Good bookkeeping is the backbone of sound financial management.
Company Secretarial: Ensuring compliance with company law regulations, such as filing annual confirmations, updating company records, and managing statutory registers. This is often overlooked but critical for legal standing.

Specialized Tax Planning & Advisory

Beyond standard accounting, Ibissandco.com offers a strong focus on strategic tax planning, aiming to minimize tax liabilities legally and effectively.

Their team’s background, including “Ex-HMRC Inspectors,” suggests a deep understanding of tax legislation and potential pitfalls.

Inheritance Tax Planning: Advising individuals on how to structure their assets to reduce potential inheritance tax liabilities, ensuring wealth transfer to future generations is optimized.
Landlord Tax Planning: Specialized advice for property landlords, covering areas like allowable expenses, capital allowances, and navigating the complexities of property income taxation.
Capital Gains Tax Planning: Strategies to minimize capital gains tax on the sale of assets like property, shares, or businesses. This requires careful foresight and structuring.
Tax Investigation Support: Crucially, they offer support for tax investigations, including handling “COPE 8 and COPE 9 notices.” This service is vital for clients facing scrutiny from HMRC, providing professional representation and guidance.
High Networth Individual Taxation: Tailored tax advice for affluent individuals with complex financial affairs, often involving international assets, multiple income streams, and intricate investment portfolios.
Overseas Workday Relief: Specific guidance for expatriates working in the UK but with duties performed overseas, helping them claim relevant tax reliefs.

Business Advisory & Formation

Ibissandco.com extends its offerings to support businesses from inception through growth, providing guidance on structure and financial forecasting.

Company Formation: Assisting entrepreneurs with the process of registering a new company, including choosing the right legal structure and completing necessary registrations.
Financial Forecasts: Developing projections for future financial performance, which is essential for business planning, securing funding, and strategic decision-making.
Management Accounts: Preparing regular internal financial reports that provide insights into business performance, helping management make informed operational decisions.
AML Services: Adhering to Anti-Money Laundering regulations, a crucial compliance service for financial firms.

Sector-Specific Expertise

The firm highlights its experience across various sectors, indicating a tailored approach to different industries’ unique financial challenges.

This demonstrates a deep understanding of industry-specific nuances and regulations. Patrickroofing.com Review

Ecommerce: Addressing the specific accounting and tax needs of online businesses, including VAT on digital services, international sales, and payment gateway reconciliation.
Property and Real Estate: Catering to developers, investors, and landlords, covering areas like Stamp Duty Land Tax, property incorporation, and capital allowances on property.
Healthcare and Medical Professionals: Specialized services for doctors, dentists, and other healthcare practitioners, dealing with unique tax situations and practice finances.
Construction Industry: Understanding the CIS Construction Industry Scheme and other sector-specific regulations that impact contractors and subcontractors.
Hospitality Leisure and Catering: Addressing accounting for food and beverage businesses, including VAT on hospitality, tips, and inventory management.

This comprehensive list of services reflects a robust and versatile accounting firm, capable of handling a wide array of financial requirements for a diverse client base.

Ibissandco.com Pricing

Let’s talk about the money side of things at Ibissandco.com.

They’ve opted for a mixed approach when it comes to pricing, providing some upfront figures for their core packages and an hourly rate for specific advisory services.

This offers a degree of transparency that not all accounting firms provide, which is a definite plus.

Pricing Structure Overview

Ibissandco.com presents its pricing in distinct packages tailored to different client types: Sole Traders, Limited Companies, and those seeking specific Tax Advice or services for Growing Businesses. Younggenerationshop.com Review

Sole Trader Package:
- Starting From: £30 +VAT Per Month
- Includes: HMRC Self-employed registration, Self Assessment submission, unlimited accountancy support, dedicated client management.
- Additional Costs Optional: VAT registration and filing, online accounting software, Free Open Banking links, Easy bank reconciliation, Receipt scanning app, Business Mileage app, Discounts on Mortgage services and Business Insurance.
- Analysis: This entry-level package is very competitively priced for basic sole trader needs. However, it’s critical to note that many of the features often bundled by other providers like online accounting software or even VAT filing come at “additional cost.” This means the “from £30” could quickly escalate depending on the tools and services a sole trader actually needs. The inclusion of “Discounts on Mortgage services” as an optional add-on here also raises the ethical flags discussed earlier.
Ltd Company Package:
- Starting From: £70 +VAT Per Month
- Includes: All accountancy questions answered, Statutory Year End accounts, Corporation Tax filing, Phone and email support, Company formation, registration for company taxes & Registered Office address, Timely Company Filings, Tax Planning.
- Additional Costs Optional/Implied: Simple online accounting software, Free Open Banking links, Easy bank reconciliation, Receipt scanning app, Business Mileage app, Discounts on Mortgage services and Business Insurance.
- Analysis: At £70 +VAT, this is also a reasonable starting point for a limited company. The core compliance statutory accounts, corporation tax is covered, which is essential. Similar to the Sole Trader package, the “optional” nature of integrated software might lead to higher actual costs.
Tax Advice Hourly Rate:
- Starting From: £150 +VAT Per Hour
- Includes: Analysing your tax problem, finding a solution, tailored advice, fixed fee quote for the specific problem.
- Analysis: This hourly rate is standard for professional tax advisory services in the UK. The “fixed fee quote” for the specific problem after initial analysis is a good practice, as it provides cost certainty to the client for complex issues rather than an open-ended hourly charge.
Growing Business Package:
- Starting From: £150 +VAT Per Month
- Includes: Self Assessment, MTD VAT Submissions, Annual Accountancy Health check, speediest support & service, unlimited phone and email support, all accountancy questions answered, Registration for company taxes & Registered Office address, Timely Company Filings, Detailed Tax Planning, Pro online accountancy software, Easy bank reconciliation, Receipt scanning app, Discounts on Mortgage services and Business Insurance.
- Analysis: This package targets more established businesses with more intensive needs. The inclusion of “Pro online accountancy software” and “unlimited support” suggests a higher level of service. The “from £150” indicates flexibility, likely depending on the size and complexity of the growing business.

Transparency and Potential Hidden Costs

While Ibissandco.com is commendable for providing indicative pricing, the use of “from” and the designation of certain software/features as “additional cost” means that the final monthly bill could be significantly higher than the advertised starting price. Tampabayinteractive.com Review

This isn’t necessarily a “hidden” cost if clearly communicated during the consultation, but it’s something clients should be aware of.

Key Takeaway on Pricing:

Ibissandco.com offers competitive starting prices for its packages, particularly for sole traders and limited companies.

For highly sensitive services like Tax Advice, the hourly rate is typical for the industry.

Potential clients should engage in a thorough consultation to get a definitive, all-inclusive quote based on their specific needs and clarify what exactly is covered within the base price versus what constitutes an “additional cost.” Furthermore, as highlighted, the ethical implications of “Discounts on Mortgage services” need to be thoroughly investigated by clients seeking Shariah-compliant financial solutions. Tanzaniatrail.com Review

Ibissandco.com vs. Competitors

To understand its market positioning, it’s helpful to compare its offerings and approach against typical competitors.

Traditional High Street Accountants

Ibissandco.com vs. Traditional: Ibissandco.com shares the core services statutory accounts, tax returns, payroll with traditional local accountants. However, Ibissandco.com’s online presence, detailed service pages, and explicit mention of “Ex-HMRC Inspectors” and “Tax Lawyers” give it a more modern, specialist edge compared to smaller, often less digitally forward, local firms. Traditional firms might rely more on word-of-mouth and localized marketing, potentially offering a very personalized, one-on-one service but possibly lacking the specialized expertise for complex tax investigations or international tax matters.
Pricing: Traditional high street accountants might have similar “from” pricing, but can sometimes be less transparent online, requiring direct inquiries for quotes.

Large Accounting Firms e.g., Big Four, Mid-Tier

Ibissandco.com vs. Large Firms: Against giants like Deloitte, PwC, or even mid-tier firms like RSM or BDO, Ibissandco.com positions itself as a specialized and agile alternative. Large firms offer global reach, vast resources, and extensive advisory beyond just tax and accounting e.g., M&A, consulting.
Key Differentiators: Ibissandco.com highlights a “tailored approach” and “great value for money,” suggesting they offer a more personalized service at potentially more accessible price points than the often-premium rates of larger firms. While large firms have extensive sector expertise, Ibissandco.com’s dedicated sector pages show a focused capability for specific industries, without the bureaucracy that might come with a massive organization.
Pricing: Large firms rarely publish pricing online and typically work on bespoke, high-value contracts.

Online-Only Accountants / Cloud Accounting Firms

Ibissandco.com vs. Online-Only: Firms like Crunch, Mazuma, or other fully online accounting services often focus heavily on automation, subscription-based models, and integration with cloud software Xero, QuickBooks. They appeal to tech-savvy small businesses and freelancers.
Approach: Ibissandco.com integrates online accounting software and offers remote support, but it also maintains physical offices and emphasizes “frank, friendly discussion,” suggesting a blend of digital convenience and traditional client relationship building. Fully online firms might offer lower entry prices due to scale but could lack the depth of personal advisory, especially for complex tax issues or bespoke tax planning.
Specialization: Ibissandco.com’s focus on “Ex-HMRC Inspectors” and handling “tax investigations” sets it apart from many online-only firms, which might primarily handle routine compliance.

Specialist Tax Consultancies

Ibissandco.com vs. Specialist Consultancies: Firms solely focused on tax planning e.g., inheritance tax specialists, R&D tax credit consultants offer deep expertise in a narrow field.
Scope: Ibissandco.com incorporates this high-level tax advisory within a broader accounting service offering. This means clients can get both day-to-day compliance and strategic tax planning under one roof, rather than needing separate providers. The “Ex-HMRC” expertise gives them a competitive edge in tax investigation defense, which is a highly specialized area.

Competitive Edge of Ibissandco.com:

Ibissandco.com appears to carve out a niche by combining the accessibility and structured pricing of modern firms with the deep, specialized tax expertise often found in larger or niche consultancies.

Their emphasis on a tailored approach, direct contact, and the significant experience of their team members particularly in dealing with HMRC positions them strongly for businesses and individuals seeking not just compliance, but proactive wealth management and robust defense against tax challenges.

The blend of online accessibility and physical presence offers a balance that can appeal to a wide range of clients. Soundcloudhelper.com Review

How to Engage with Ibissandco.com

Engaging with Ibissandco.com seems straightforward, with multiple clear pathways for potential and existing clients to connect.

Their website is designed to facilitate initial inquiries and service requests, reflecting a client-first approach.

Initial Contact Points

The website prominently features several methods to initiate contact, ensuring accessibility for diverse preferences.

Online Contact Form: The “Get Free Quote” and “Request a call back” buttons lead to inquiry forms where users can provide their details and describe their needs. This is standard practice for professional service firms.
Direct Email: [email protected] is listed, allowing for direct email communication. This is often preferred for sending detailed inquiries or documents.
Phone Numbers: Multiple phone numbers for their various offices are clearly displayed:
- General: 0203 808 0999
- Tooting: 0208 626 7098 also listed under Head Office
- Barking & Essex: 0203 393 1654
- Mayfair/Leeds: 0113 247 0505
- This provides geographic flexibility and direct lines to specific branches.
Schedule a Meeting: Throughout the site, “Schedule A Meeting” links are present, directing users to a booking system presumably online to set up consultations. This streamlines the appointment process.

Booking a Consultation

For those ready to discuss their specific needs, Ibissandco.com encourages booking a consultation, which they even offer as a “free consultation.” This is a crucial step for potential clients to understand how the firm can address their unique situation.

Free Consultation Offer: They explicitly state “Our free consultation offer: Understanding your business, Tailored Advice, An accurate financial service, Great value for money, Free /One hour.” This lowers the barrier to entry and allows for a risk-free assessment of their services.
What to Expect: During this consultation, clients can expect a discussion about their business, financial situation, and tax needs. This allows the firm to understand the scope of work and propose a tailored solution. This is where a definitive quote, moving beyond the “from” pricing, would likely be provided.

Onboarding Process

While the website doesn’t explicitly detail the “onboarding process” step-by-step, the emphasis on “tailored advice” and “dedicated client management” suggests a structured approach once a client decides to proceed. Easytours.travel Review

Needs Assessment: Following the consultation, the firm would conduct a more in-depth assessment of the client’s financial records and specific requirements.
Agreement & Engagement Letter: A formal engagement letter would be provided, outlining the scope of services, fees, terms, and responsibilities of both parties.
Information Exchange: This would involve secure methods for clients to share financial documents, previous tax returns, and other relevant data.
Software Integration: If applicable e.g., for bookkeeping or payroll services, the firm would assist in setting up and integrating online accounting software, as mentioned in their packages.

Client Support and Communication

The website’s promise of “unlimited accountancy support” and “unlimited phone and email support” within their packages indicates a strong commitment to ongoing client communication and assistance.

“Dedicated client management” suggests a single point of contact for each client, fostering a more personalized relationship.

Overall, Ibissandco.com has established robust and accessible engagement channels, making it easy for prospective clients to reach out, get initial advice, and formally engage their services.

The emphasis on tailored solutions and ongoing support aims to build long-term client relationships.

Considerations for Ethical Clients Islamic Finance

For clients who adhere to Islamic finance principles, the review of any financial service provider, including Ibissandco.com, must go beyond mere legitimacy and efficiency. Qrsdesignflex.com Review

It must critically assess alignment with Shariah Islamic law principles, particularly the prohibition of Riba interest, Gharar excessive uncertainty, and Maysir gambling, and the requirement for transactions to be asset-backed and ethical.

The Core Principle: Avoiding Riba Interest

The most significant consideration for Muslim clients is the absolute prohibition of Riba, or interest, in all its forms.

This extends to both receiving and paying interest.

Impact on Services: While core accounting services like statutory accounts, payroll, and general tax compliance are inherently permissible, the nature of financial products and advisory referrals becomes crucial.
Ibissandco.com’s Mention of “Mortgage Services”: As highlighted previously, Ibissandco.com explicitly mentions “Discounts on Mortgage services” as part of their packages.
- The Problem: Conventional mortgages are structured around interest payments. Unless these “mortgage services” specifically refer to Shariah-compliant alternatives like Ijara or Murabaha contracts offered by Islamic banks, they would be impermissible from an Islamic perspective.
- Lack of Clarity: The website provides no clarification on whether these are conventional or Islamic mortgages. This ambiguity necessitates direct inquiry from any Muslim client considering their services.
- Why it Matters: Engaging in interest-based transactions, even indirectly through a referral, is a grave concern in Islamic finance. A firm that genuinely caters to ethically conscious clients would explicitly state their stance or offer compliant alternatives.

Avoiding Gharar Excessive Uncertainty and Maysir Gambling

These principles primarily apply to investment products and insurance.

Insurance: While the website also mentions “Business Insurance” discounts, general insurance can have elements of Gharar. However, Takaful Islamic insurance operates on principles of mutual cooperation and shared risk, often considered permissible. Again, the website doesn’t specify if the referred insurance is Takaful.
Investments: For any investment advice or forecasting services, Muslim clients would need assurance that the underlying investments are Shariah-compliant, meaning they avoid industries like alcohol, gambling, pork, conventional finance, and entertainment promoting immoral behavior. Ibissandco.com’s services don’t explicitly include investment management, but any financial forecasting would lead to investment discussions.

Transparency and Ethical Screening

An ethical accounting firm, especially one serving a diverse clientele, would benefit from explicit transparency regarding its stance on Shariah-compliant finance or its ability to refer clients to appropriate ethical financial institutions. Store.gentleprince.com Review

What to Look For: Ideally, an ethical service provider would have:
- A clear statement on Shariah compliance or a dedicated section for Islamic finance.
- Partnerships with established Islamic banks or financial institutions for mortgages, investments, and Takaful.
- Advisors who understand the nuances of Islamic finance to guide clients appropriately.
Ibissandco.com’s Position: Currently, Ibissandco.com, while appearing highly professional and competent in conventional accounting, does not overtly address these specific ethical financial considerations on its public-facing website. This means the onus is on the individual client to perform due diligence.

Due Diligence for Muslim Clients

Before engaging Ibissandco.com, Muslim clients should:

Directly Inquire: Specifically ask about the nature of “Discounts on Mortgage services” and “Business Insurance.” Inquire if they partner with Shariah-compliant providers for these.
Verify Referrals: If referrals are made, independently verify the Shariah compliance of the recommended financial institution or product.
Clarify Investment Advice: If seeking advice on financial forecasting or business growth that involves investment, ensure the underlying investment principles align with Islamic law.

In conclusion, while Ibissandco.com presents as a highly capable and legitimate accounting firm, Muslim clients must exercise caution and conduct thorough inquiries regarding any services that might involve interest-based transactions or non-Shariah-compliant financial products.

The general accounting and tax compliance services offered appear permissible, but the ancillary financial product referrals warrant careful scrutiny.

FAQ

What is Ibissandco.com?

Ibissandco.com is the official website for IBISS & CO Limited, a professional chartered accountancy firm based in London, UK, offering a wide range of accounting, tax advisory, and business support services to individuals and businesses across various sectors.

Is Ibissandco.com a legitimate company?

Yes, based on the comprehensive information available on its website, including multiple physical office addresses, phone numbers, detailed service descriptions, team expertise Ex-HMRC Inspectors, Chartered Tax Advisors, and testimonials from reputable platforms, Ibissandco.com appears to be a legitimate and established accounting firm. Childartprint.com Review

What services does Ibissandco.com offer?

Ibissandco.com offers extensive services including statutory accounts, VAT accounting, payroll, bookkeeping, corporation tax, inheritance tax planning, capital gains tax planning, tax investigation support, company formation, financial forecasts, management accounts, and specialized advice for various sectors like e-commerce, property, and healthcare.

Where are Ibissandco.com’s offices located?

Ibissandco.com has physical offices in Tooting London, Barking & Essex, and Mayfair with a Leeds address also listed for one of their offices.

Does Ibissandco.com offer free consultations?

Yes, Ibissandco.com explicitly states they offer a free one-hour consultation to understand your business, provide tailored advice, and offer value-for-money solutions.

What are the starting prices for Ibissandco.com’s services?

Ibissandco.com’s packages start from £30 +VAT per month for Sole Traders, £70 +VAT per month for Ltd Companies, and Tax Advice is priced from £150 +VAT per hour.

Their Growing Business package starts from £150 +VAT per month. Prima-abnehmen.com Review

Does Ibissandco.com handle tax investigations?

Yes, Ibissandco.com highlights its expertise in handling tax investigations, specifically mentioning support for complex cases like COPE 8 and COPE 9 notices, leveraging their team’s experience, which includes Ex-HMRC Inspectors.

Does Ibissandco.com provide online accounting software?

Yes, Ibissandco.com mentions offering online accounting software either “Simple” or “Pro” versions depending on the package as part of their services, though it may be an additional cost depending on the specific package chosen.

Are there testimonials or reviews for Ibissandco.com?

Yes, the Ibissandco.com website features testimonials from various platforms including Google, Facebook, Vouchedfor, and Trustpilot, showcasing positive feedback from their clients.

Does Ibissandco.com cater to specific industries?

Yes, Ibissandco.com emphasizes its sector-specific expertise, serving clients in industries such as Ecommerce, Property and Real Estate, Healthcare and Medical Professionals, Construction, Hospitality, and IT Professionals, among others.

How can I get a quote from Ibissandco.com?

You can get a quote by using the “Get Free Quote” forms on their website, requesting a call back, emailing them directly at [email protected], or calling one of their listed office phone numbers. Tempest-security.com Review

What are the business hours for Ibissandco.com?

Ibissandco.com’s business hours are Monday to Friday, 9:00 AM to 6:00 PM. They are closed on Saturdays and Sundays.

Do they offer company formation services?

Yes, Ibissandco.com provides company formation services, assisting businesses with registration and ensuring compliance with initial legal requirements.

Does Ibissandco.com offer services for individuals?

Yes, while they cater to businesses, they also offer tax planning services for individuals, including inheritance tax planning, capital gains tax planning, and high net worth individual taxation.

Is the website mobile-friendly?

Yes, the Ibissandco.com website appears to be designed with a responsive layout, ensuring a smooth and user-friendly experience across various devices, including mobile phones and tablets.

How does Ibissandco.com communicate with clients?

Ibissandco.com emphasizes “unlimited phone and email support” and “dedicated client management” within their packages, suggesting regular and personalized communication channels with clients.

Does Ibissandco.com provide financial forecasting?

Yes, Ibissandco.com includes financial forecasting services, which are crucial for business planning, strategizing, and securing funding.

What is the “Let Property Campaign” service offered by Ibissandco.com?

The “Let Property Campaign” service involves assisting landlords with disclosing undeclared rental income to HMRC, ensuring compliance and minimizing penalties.

Does Ibissandco.com have a blog or resources section?

Yes, Ibissandco.com has a “BLOG” section that provides helpful tips on tax accounting and business advice, demonstrating their expertise and commitment to sharing valuable information.

What accreditations does Ibissandco.com mention?

Ibissandco.com states it is a firm of “Chartered Accountants” and refers to “industry-leading awards and recognitions” on its website, with a linked page for “Awards & accreditations.”

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