Accounting in London
Recording and summarizing business transactions in a chronological order is called Accounting and bookkeeping. It looks quite simple, however a qualified and skilled professional is required to perform this function. A complete, accurate and compliant accounting provides a solid base to business for timely decision making.
The accounting function on site by in-house accountants is an old day’s story now. In today’s time, an outsourced accounting partner is the right choice, it can be in the form of a remote or virtual professional accountant especially in post Covid scenario and advancement in Cloud Accounting.
How does it work
Accounting and Bookkeeping in UK will be carried out remotely using cloud technology unless otherwise onsite working is a business requirement due to its very nature.
Business documents are saved on cloud by the client or client send in well organized batch, team at Bens uploads the shared documents on cloud, process the transactions in system. The accounting system is your choice, our recommendation is to keep it simple and use any of QuickBooks, Xero or Zoho Books. These systems have build in regulatory functionalities, easy to use and accessible from anywhere on any device.
Catch up sessions are critical part of cloud accounting and bookkeeping in London, both teams will engage on agreed intervals and timeframe. In these sessions, Bens team will provide brief on the books of accounts whereas client team provide clarifications to Bens team where required.
Join us, it's 4 simple Steps
Get in Touch
Engage one of our professional consultant, book an appointment.
Formalities
Engagement agreement understanding and signing.
Orientation
Business project brief, understanding and Orientation Session.
Partnering
Establish a mutual partnering and provide business advisory.
Accounting & Bookkeeping service includes
Annual Accounts and Filing
Final accounts are the key reporting and filing requirement of a business to HMRC and Companies House. We do not need to ask; we know you require assistance with year-end accounts? It is a compulsory requirement to file the annual accounts within the prescribed time, failing which can lead to penalties.
With the introduction of Making Tax Digital (MTD) regulations in 2023, businesses are highly recommended to maintain proper accounting and digital records of business transactions.
Bens Advisory, one of the leading Accounting firms in London, proudly established partnering with businesses including SMEs and Start-up advising on key compliance areas like HMRC Compliance, Companies House Compliance and PAYE and Pension Compliance.
Bookkeeping Services
Bens professional team of accountants are equipped with up-to-date knowledge and technology to process bookkeeping of business transaction. Knowing bookkeeping is a time-consuming task, however, by establishing a partnering with Bens, you will free up your valuable time which otherwise can be invested in business strategical aspects and other important business affairs.
Whom can we help with accountancy services?
Our professionals are helping businesses and individuals enlisted below with accounting and bookkeeping, company accounts, tax returns, VAT advisory, payroll & PAYE services, and self-assessments.
• Limited companies.
• Contractors and Sub-Contractors.
• Sole Traders and Self-Employed.
• Individuals including high worth individuals.
We also present in Dubai and Islamabad, our professionals share the best practices cross board to enhance productivity, profitability, and compliance.
Whom can we help with accountancy services?
Our professionals are helping businesses and individuals enlisted below with accounting and bookkeeping, company accounts, tax returns, VAT advisory, payroll & PAYE services, and self-assessments.
• Limited companies.
• Contractors and Sub-Contractors.
• Sole Traders and Self-Employed.
• Individuals including high worth individuals.
We also present in Dubai and Islamabad, our professionals share the best practices cross board to enhance productivity, profitability, and compliance.
We are here to help you grow your business and optimize your taxes
Want To Join Us? We take care of everything!
Onboarding is very easy with you. Simply connect with us, we will take over your accounting needs. We may approach your outgoing accountant, if required after your permission. The objective is to archive historical data in our records and system. All necessary planning will be completed including contacting HMRC to get approval as agent to your business.