Accounting and compliance services for SMEs

accounting compliance for smes

Are you in control of your SME’s finances? Are you able to stay on top of complex regulations and increasing transparency requirements while being able to prove you’re compliant?

Your challenges

Your business needs the right combination of resources and technology to optimise your VAT management, accounting, income tax, payroll, reporting, and more. But determining which tools are best for your organisation, as well as where to source and how to implement them, isn’t straightforward.

The situation is complicated further by the legal requirement to file your statutory accounts six months after year-end. This long wait for your performance results can make it too late for you to identify and address issues. Even receiving regular financial updates isn’t enough when they’re delivered in a static format (i.e. on paper or in pdf format) as this makes it challenging to manipulate the data to interpret the story behind the numbers. 

How PwC can help

PwC’s MyFinancePartner service is our one-stop-shop for all the financial needs of small and medium-sized enterprises (SMEs). Your dedicated PwC advisor will guide you through your journey—in addition to basic compliance, our multidisciplinary network can assist you with a broad range of financial matters including automation, processes, and sourcing and implementing the tools that are right for you. We can also help you harness the latest technology to provide regular financial updates digitally, so you can pinpoint and react swiftly to any issue that might arise.

We offer a complete, end-to-end solution for every aspect of your unique financial needs. We continuously re-evaluate and adapt your tools and processes as your business grows and evolves. By operating efficiently and effectively, you’ll reduce costs and free-up capital. We view your finance function as it relates to the rest of your company—as finance is closely tied to every aspect of your business.  


What we can offer

Accounting services

Many organisations struggle to keep their accounting records accurate, complete, and up to date while managing daily business priorities. Common challenges include limited internal finance capacity, manual processes, delayed reconciliations, inconsistent bookkeeping, and difficulty maintaining reliable financial data for decision-making. Our expert team provides day-to-day accounting support tailored to the organisation’s needs to ensure clean, reliable, and timely financial records. By outsourcing or supplementing finance operations with our support, companies can improve accuracy, reduce administrative burden, strengthen internal controls, and gain better visibility over their financial position. This allows management teams to focus more on strategic priorities while knowing that core accounting activities are handled efficiently and professionally.

Digital accounting solutions

Organisations often rely on outdated systems, spreadsheets, and manual workflows that increase the risk of errors and reduce visibility over financial performance. Lack of automation can slow down reporting, create duplication of work and make it difficult for management to access real-time financial insights. We support organisations to implement and optimise digital accounting solutions, including cloud-based accounting platforms, automated workflows, reporting dashboards, and integrated finance processes. This improves efficiency, transparency, and data quality, enabling better business decisions and creating a more scalable finance operating model.

Year-end closing and statutory financial statements

Year-end closing can be complex, time-consuming and resource intensive. Organisations may face tight deadlines, incomplete reconciliations, audit requirements, changing accounting standards, and pressure to prepare accurate statutory financial statements on time. We provide end-to-end support for year-end closing activities and the preparation of statutory financial statements−including reviewing accounting records, supporting closing entries, preparing required schedules, assisting with disclosures, and helping ensure compliance with applicable accounting and reporting requirements. This helps to reduce the risk of errors, improve audit readiness, meet statutory deadlines, and produce high-quality financial statements.

Corporate tax compliance

Corporate tax compliance can be challenging due to changing tax legislation, complex filing requirements, and increasing scrutiny from tax authorities. Organisations may struggle to identify tax risks, calculate tax positions accurately, meet deadlines, and maintain appropriate documentation. Our corporate tax compliance services include preparation and review of corporate tax returns, tax calculations, compliance calendars, tax reporting support, and assistance with documentation requirements. Our expert team also helps organisations understand their obligations, reduce compliance risks, avoid penalties, and improve confidence in their tax filings, allowing internal teams to focus on running the business.

Personal tax compliance

Business owners, directors, executives, and internationally mobile individuals often face complex personal tax obligations. These may include multiple income sources, cross-border tax considerations, benefits-in-kind, investment income, or changing residency situations. Managing these requirements can be time-consuming and create risk if filings are inaccurate or late. Our expert team provides practical personal tax compliance support, including preparation and review of personal income tax returns, guidance on filing obligations, support with tax calculations, and assistance with communication with tax authorities where needed. This reduces the administrative burden, improves compliance, and helps avoid unexpected tax exposure for a better employee or stakeholder experience.

VAT compliance

VAT compliance can be complex, especially for organisations with frequent transactions, cross-border activities, multiple VAT rates, or evolving business models. Errors in VAT treatment, late filings, or incomplete documentation can lead to penalties, cash flow issues, and increased attention from tax authorities. Our VAT compliance services include preparation and review of VAT returns, support with VAT reporting, transaction reviews, VAT recovery checks, and ongoing indirect tax guidance. With our support, companies can reduce the risk of errors, improve VAT reporting processes, strengthen documentation, and identify opportunities for improved cash flow management.


The team that will support you

Julie Roovers

Senior Manager, PwC Belgium

+32 485 37 81 83

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Contact us

Geert Schellekens

Geert Schellekens

Partner Tax & Legal Services, Managed Services Co-Lead, PwC Belgium

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