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Accounting and tax for professional services providers

Are you a sole consultant in IT, marketing, HR, cybersecurity, or any other sector? Do you typically issue one or two monthly invoices and have minimal expenses? Do you freelance or manage your business through your own limited company?

Keep your books up to date, submit tax returns on time, and ensure compliance with HMRC regulations

Running a freelance, consultancy, or small business in any industry comes with challenges. For starters, tracking cash flow and outstanding payments can be tricky when you are also trying to grow your business. Without a steady stream of data, it’s easy to lose sight of who owes you what and by when.

It can be a hassle to keep business expenses in check without spending too much time sorting them out or trying to find them down the side of the car seat. Properly categorising and tracking these expenses ensures you claim all possible deductions and keep your finances healthy.

Moreover, navigating HMRC regulations and deadlines for tax returns and VAT submissions can feel overwhelming. Missing a deadline or misunderstanding a regulation can lead to fines and added stress! Without proper guidance, ensuring you’re meeting all obligations can be daunting. That’s where BBK Accounts comes in.

We know the difficulties you are going to face. Using the expertise acquired from advising clients across numerous sectors, we offer a profound understanding of your challenges and the practical skills necessary to support you at every step.

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Specialist accounting advice for professional services providers

At BBK Accounts, we aim to give you clarity and control over your financial health. Here’s what our services include:

How BBK Accounts helps professional services providers

Step into the world of hassle-free accounting—where we make taxes and spreadsheets as easy as a walk in the park

What makes us the go-to choice for professional service providers?

With BBK Accounts, you’re always in control. You’ll be able to:

Keep your books up-to-date

We understand that no two businesses are alike. Our team will work with you to ensure your financial records are always accurate and up-to-date. This means you can spend less time worrying about your books and focusing more on your clients.

Set up your own limited company

Are you thinking of setting up your own limited company? From initial registration to ongoing management, we ensure every step is handled correctly. We take care of the compliance and administrative tasks so you can start your business on the right foot.

Improve your bottom line

Effective expense management is crucial for maximising your deductions. We help you implement strategies to track and manage your business expenses proactively. This keeps your finances organised and ensures you’re taking full advantage of tax-saving opportunities.

Get real, timely customer support

With us, you’ll get personalised service and a touch of humour to brighten your day. No call centres or faceless customer service - just our friendly and expert team who you can talk to when you need help. We’re with you at every step of your business journey.

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Frequently Asked Questions (FAQs)

How can you help me manage my invoicing?

We provide customised bookkeeping services that adapt to your invoicing schedule. This means we keep track of all income, ensuring your cash flow is managed effectively and you always know where you stand financially.

What if I miss a tax deadline?

Missed deadlines equal fines. However, with our timely and accurate tax preparation services, you’ll never have to worry about missing a deadline. We keep track of all due dates and ensure your tax returns are submitted on time, minimising the risk of penalties and fines.

Can you manage my VAT and payroll needs?

Absolutely. Our team provides comprehensive VAT registration, returns, and payroll management support. We ensure your VAT returns are accurate and submitted on time, and we handle all aspects of payroll, ensuring your employees are paid correctly and on schedule.

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