Streamlined Bookkeeping Services
Seamlessly fitting in with the way you want to work
Help to Understand Your Numbers
As a busy business owner, you can’t be expected to be an expert in everything. For most people bookkeeping is way down on the list of priorities. Although an essential part of any business, it is quite often seen as mystifying, time-consuming and even scary to some.
Here at TPT, our aim is to make it less of a chore, streamline the processes and help you understand what your numbers mean to you. We take time to get to know the way you like to work and can tailor our services to suit your business and budget.
Let us find a unique, flexible option that will work for you.
Making tax digital
Making Tax Digital (MTD) is not just about VAT but also Income and Corporation Tax and will be introduced in stages, as law by HMRC over the next few years.
If you are a VAT registered business with a turnover above the threshold of (£85,000) you are already required to be MTD compliant by keeping digital records and using software to submit your returns to HMRC.
From 1st April 2022, these rules will apply to all VAT-registered businesses.Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax from their next accounting period starting on or after 6 April 2023.
Simplifying the process
Although the thought of making a change can sometimes be daunting, we strive to make this process as easy as possible and can guide you through the steps. By working closely with us, we can help you to operate more efficiently and get the tools you need to understand the numbers.
These were just some of the frustrations our clients were struggling with before they came to us:
- Insufficient information to make good business decisions.
- Managing finances taking up too much time.
- High cost of existing software.
- Unable to share or access information easily.
- Losing important documents
- Lacking visibility of cash flow
- Unsure of which software (if any) to use.
You will have at your disposal, our valuable knowledge gained from the many types of businesses we work alongside and together with the many options available to you, we will take the time to understand what your business does and the best way we can support you to achieve your business goals.
You can see more great examples of the work we do on our Success Stories page.
No time for research?
We also understand that researching bookkeeping services and working through endless training programmes and training videos is probably not the best use of your time. As well as being frustrating it takes you away from your day-to-day business responsibilities.
We can do this legwork for you, get you up and running and guide you through the information and steps that you need to take, based on what is most useful to you.
Your choice of bookkeeping software is also important and although we work with many different packages and even spreadsheets, if that is what our client prefers, our software of choice is Xero. It is easy to use and understand, cost-effective and flexible enough to work with both smaller and larger companies. It has many time-saving clever features and add-ons that can be setup to compliment the way you run your business.
Some of the more innovative software providers are also choosing to connect to Xero as a priority, which has many benefits for clients who want to use the latest technology to reduce errors when transferring data between programs.
The benefits of using software
Training, Cash Flow Forecasting, CIS, MTD Compliance, Credit Control, Payroll,
Apps, add-ons and integration, Expenses and Invoice templates –
Just some of the things we help our clients with.