Bookkeeping Services
It is imperative that every business maintains accurate up-to-date financial records and retain them for six years as this can play a crucial role in running a successful business. Failing to comply to the tax legislation could result in hefty HM Revenue & Customs (HMRC) fines and penalties.
HMRC penalties are as follows:
Here at MZA Accountants, we can take over all the bookkeeping functions for your business to give you that peace of mind so you never have to worry about any financial penalties whilst allowing you to concentrate on other aspects of your business.
HMRC penalties are as follows:
- For a careless mistake you could be charged up to 30% of the amount you owe.
- For a deliberate mistake you could be charged up to 70% of the amount you owe.
- For a deliberate mistake you try to conceal, you could be charged up to 100% of what you owe.
Here at MZA Accountants, we can take over all the bookkeeping functions for your business to give you that peace of mind so you never have to worry about any financial penalties whilst allowing you to concentrate on other aspects of your business.
Do-it-yourself Bookkeeping
IF you prefer to go the DIY route, that's okay with us; provided the books are in good shape, preparing your accounts from your bookkeeping records will be less time consuming and cheaper with our support. Bookkeeping packages such as Excel spreadsheet, Quickbooks, Sage, Xero, FreeAgent, Clear books etc can be integrated into our own accounting system.
We will turn information from these records into a final set of annual accounts to prepare your VAT Returns (if applicable) and Tax Returns for submission at HMRC / Companies House in good time to ensure you avoid penalties and hefty fines.
We can provide VT Cashbook Book software / Manager Bookkeeping software free of charge for our clients, who do not require a full accounting system; as they are easy to use, data entry is very fast and they also enable us to correct errors and mistakes quicker. However, additional charges will be incurred if the records are not as stated and we have to amend them!
We will turn information from these records into a final set of annual accounts to prepare your VAT Returns (if applicable) and Tax Returns for submission at HMRC / Companies House in good time to ensure you avoid penalties and hefty fines.
We can provide VT Cashbook Book software / Manager Bookkeeping software free of charge for our clients, who do not require a full accounting system; as they are easy to use, data entry is very fast and they also enable us to correct errors and mistakes quicker. However, additional charges will be incurred if the records are not as stated and we have to amend them!
Bookkeeping Only Services
Need a simple solution for your business bookkeeping needs? We also offer Bookkeeping Only Services if you already have an accountant and just need assistance with your general bookkeeping. We can work with your accountant, providing them with the information they require to prepare your annual accounts and tax returns.
Our Fixed Monthly Bookkeeping Only Services fees start from just 0.50p per business transactions processed and / or the annual turnover.
(For example, 100 business transactions will cost £50 per month).
Our Fixed Monthly Bookkeeping Only Services fees start from just 0.50p per business transactions processed and / or the annual turnover.
(For example, 100 business transactions will cost £50 per month).
Available Add ons: (Fixed fees per month, quarterly)
- Tailored Management accounts prepared to meet your business requirements
- Fixed asset register maintenance (including auto depreciation of assets)
How it works:
You only need to email us a scanned copy of your original certificates and relevant paperwork including invoices, bank statements, mileage logs, petty cash, loan statements, business credit card statements including all payments and receipts details and we will handle everything on either a monthly, quarterly or annually basis as and when required.
We will send you a reminder via email every month, quarter or year about the bookkeeping and accounting documents you need to send to us.
We Use VT Software for our bookkeeping but can use your preferred software.
We will send you a reminder via email every month, quarter or year about the bookkeeping and accounting documents you need to send to us.
We Use VT Software for our bookkeeping but can use your preferred software.
We are members of the VT Software, and we can use VT Transaction+ for your bookkeeping with no cost to you.