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Manage Your Accounting with Expert Bookkeeping Services

We offer professional bookkeeping service in the UK designed to ease your financial management. Our dedicated team ensures accurate record-keeping and delivers timely financial reports, allowing you to focus on growing your business. With PHS, you can expect correct tracking of all financial transactions to minimise errors, regular updates on your financial health for informed decision-making, and assurance of compliance with the latest regulations to reduce the risk of penalties.

Additionally, our VAT services help you navigate the complexities of value-added tax, ensuring that your business remains compliant and efficient. You can also reach out to our VAT customer service number for any inquiries or assistance regarding your VAT responsibilities. By choosing our bookkeeping service online, you can enjoy the convenience of managing your finances.

Bookkeeping and VAT Services in the UK

Bookkeeping Services in  UK
Bookkeeping Services in  UK Bookkeeping Services in  UK
Bookkeeping Services in  UK

Bookkeeping Services for UK Business

We provide accurate record-keeping and timely reporting, important for small business owners and freelancers. With our expertise, you can expect fewer errors and compliance with regulations, giving you peace of mind. Trust PHS to handle your finances so you can concentrate on what truly matters, your business success.

Accurate Documentation

We record all financial transactions accurately, simplifying the VAT return process.

Compliance Assurance

Our team stays updated on the latest VAT regulations, ensuring your business remains compliant and avoids penalties.

Timely Filing

We handle the timely preparation and submission of VAT returns, allowing you to focus on your core business activities.

Expert Analysis

Our experts analyse your financial data to provide insights, helping you identify growth opportunities and optimise your VAT position.

Bookkeeping Services in  UK

Why Choose Professional Bookkeeping Services?

Managing finances can be huge, especially for small and medium-sized businesses. Here are the key benefits
of outsourcing bookkeeping services in the UK:

Bookkeeping Services in  UK

Accuracy and Compliance

Professional bookkeepers ensure all financial records meet UK regulatory standards.

Bookkeeping Services in  UK

Time-Saving

Free up valuable time to focus on growing your business.

Bookkeeping Services in  UK

Cost-Effective

Avoid costly mistakes and reduce overhead costs by outsourcing.

Bookkeeping Services in  UK

Expertise

Access knowledgeable professionals who stay updated on financial regulations and best practices.

Bookkeeping Services in  UK

Our Bookkeeping features

Bookkeeping Services in  UK

Accurate Record-Keeping:

We track all financial transactions to record every detail correctly.

Bookkeeping Services in  UK

Timely Reporting:

Our team generates complete financial reports on time, enabling informed decision-making.

Bookkeeping Services in  UK

Regulatory Compliance:

We stay updated with the latest VAT and bookkeeping regulations to keep your business compliant and avoid penalties.

Bookkeeping Services in  UK

Regular Account Reconciliation:

Our experts regularly reconcile accounts to identify and resolve discrepancies early.

Bookkeeping Services in  UK

Personalised Support:

We offer customised bookkeeping services to meet the unique needs of small business owners.

Bookkeeping Services in  UK

Expertise

Access knowledgeable professionals who stay updated on financial regulations and best practices.

Bookkeeping Services in  UK

VAT return services

At PHS, we understand that managing VAT services can be a complex and heavy task for businesses of all sizes. Our expert VAT services are designed to ensure accurate documentation and compliance with all relevant regulations, allowing your business to avoid penalties and make informed financial decisions.

From preparing your VAT returns to handling any inquiries from HMRC, our team provides support throughout the entire process. We can also assist with attending VAT inspections on your behalf, ensuring that you have expert representation. We correctly prepare and review your VAT returns to ensure accuracy. This reduces the risk of errors that could lead to penalties or additional analysis from HMRC.

Bookkeeping Services in  UK Bookkeeping Services in  UK
Bookkeeping Services in  UK
Bookkeeping Services in  UK Bookkeeping Services in  UK

Optimise Your Business with Expert VAT Return Services

VAT return services assist businesses in calculating, preparing, and submitting VAT returns to HMRC, ensuring compliance, avoiding penalties, and simplifying the VAT process.

  • Main Rate: 25% for profits over £250,000 starting from April 1, 2024.
  • Small Profits Rate: 19% for companies with profits of £50,000 or less.
  • Marginal Relief: Applies to profits between £50,000 and £250,000, offering a gradual increase in tax rate.
  • Patent Profits: A lower effective rate of 10% for profits attributed to patent exploitation.
Bookkeeping Services in  UK

Personal bookkeeping services

We provide personal bookkeeping services designed to simplify your financial management. Our expert team takes the stress out of tracking your income and expenses, making it easy for you to stay organised. Whether you're a self-employed individual, a freelancer, or someone with multiple income sources, we tailor our services to meet your unique needs.

If you have income from abroad or have lived outside the UK while earning money here, we ensure you remain compliant with tax regulations. Let us handle your personal bookkeeping tasks so you can focus on what matters most—your life and business success!

Bookkeeping Services in  UK Bookkeeping Services in  UK
Bookkeeping Services in  UK
Bookkeeping Services in  UK Bookkeeping Services in  UK

Accurate bookkeeping tasks

Accurate bookkeeping is essential for the success of any business and at PHS, we prioritise precision in every task we handle. Our dedicated team meticulously tracks all financial transactions, ensuring that every detail is recorded correctly. We categorise expenses and income clearly, providing you with a comprehensive view of your financial health.

We also reconcile accounts regularly to catch any discrepancies early, preventing potential issues down the line. With our accurate bookkeeping services, you can trust that your financial records are up-to-date and compliant with regulations. This accuracy not only helps in making informed business decisions but also simplifies tax preparation. Let us take care of your bookkeeping tasks, so you can focus on growing your business with confidence!

Reach us today.

If you want to take your accounting work to the next level, then reach us today without wasting time.

Gives us a Call

0208 8611685

Send me Mail

info@phs-uk.co.uk
Bookkeeping Services in  UK

Frequently asked questions

Bookkeeping is the process of recording and managing a business's financial transactions. It involves keeping track of all money that comes in (income) and goes out (expenses).

In the UK, bookkeepers provide services such as transaction recording, bank reconciliation, invoicing, expense management, VAT returns, payroll processing, financial reporting, compliance support, and training on accounting software.

Bookkeeping involves the routine recording of financial transactions, while accounting focuses on analysing and interpreting that data to provide insights and strategic advice for a business.

You need bookkeeping to maintain accurate financial records, make informed business decisions, ensure tax compliance, and track your financial performance effectively. .

Regular bookkeeping helps you track income and expenses, ensuring you can manage finances effectively and meet tax responsibilities. .

While some self-employed individuals manage their bookkeeping, it can be challenging as the business grows. .

We offer support through client managers who can assist you with bookkeeping tasks and provide advice on best practices. .

Bookkeeping Services in  UK
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PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.

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Company number - 08670151