Bookkeeping Services in the United Kingdom

Our bookkeeping services in the UK are perfect for startups, small businesses, e-commerce brands, and consulting firms that need reliable and accurate financial records but lack the time or expertise to manage them in-house. This service is designed for founders who want to focus on growing their business, secure in the knowledge that their financial data is being handled professionally and is compliant with HMRC's Making Tax Digital (MTD) requirements.

Under UK law, every limited company is required to keep accurate accounting records from the day it is incorporated. Bookkeeping is the fundamental process that enables all other financial compliance. It is required for filing your quarterly VAT returns, preparing your annual statutory accounts for Companies House, and calculating your profit for your annual Corporation Tax return to HMRC. Without it, you cannot meet your legal obligations.

Professional bookkeeping is a highly cost-effective solution for businesses in the UK. Our monthly packages are designed to scale with your transaction volume:

• **Startups / Low Volume:** £150 – £300 per month.
• **Growing Businesses / E-commerce:** £300 – £600 per month.

This investment saves valuable founder time and prevents costly errors, providing a clear return by ensuring tax efficiency and smooth year-end filings.

Poor bookkeeping is a common source of business stress and compliance issues. The risks include:

• **Incorrect VAT Returns:** Leading to penalties from HMRC for underpayment of VAT and complications with Making Tax Digital.
• **Tax Audit Triggers:** Messy and unreconciled books are a major red flag for HMRC.
• **Missed Tax Deductions:** Failure to correctly categorise all legitimate business expenses results in a higher Corporation Tax bill.
• **Increased Year-End Accounting Fees:** If your books are disorganized, your accountant will have to charge a significantly higher fee to clean them up before they can prepare your annual accounts.

Outsourcing your bookkeeping to YourLegal ensures your financials are managed by professionals who understand UK tax law. We use modern, MTD-compliant cloud software (like Xero or QuickBooks) to automate data entry and provide you with real-time insights into your business performance. Our process guarantees that your books are always reconciled, compliant, and ready for your accountant at year-end. This not only saves you countless hours of administrative work but also provides the financial clarity needed to make smart, data-driven decisions. It is the essential first step towards a robust accounting service.