Bookkeeping · Wales
Bookkeeping services in Pen-y-banc, Carmarthenshire
Monthly bookkeeping for businesses in Pen-y-banc, Carmarthenshire, done in cloud software with live bank feeds and priced by how many transactions you actually have. From £49 a month for up to 50 transactions, fixed and published, the same in Pen-y-banc as anywhere else in Wales. No hourly rates and no office to visit.
from £49/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- MTD quarterly update deadline (7 August, 7 November, 7 February, 7 May)
- VAT return and payment for the quarter that ended last month
- VAT return and payment for the quarter that ended last month
Who this is for
Bookkeeping for Pen-y-banc
Sole traders, partnerships and limited companies in Pen-y-banc, Carmarthenshire with anything from a dozen to a few hundred bank transactions a month: trades, consultants, online sellers, cafes and shops, landlords with several properties, and anyone approaching the VAT threshold or Making Tax Digital for Income Tax who needs digital records kept properly.
What is included
Everything inside the fixed fee
- Cloud accounting software set up with bank feeds for every business account and card
- Every transaction categorised and reconciled each month, with queries sent to you in one batch
- Receipt and invoice capture by photo or email forwarding, matched to the bank
- Sales invoices, supplier bills and VAT coding kept current and Making Tax Digital-ready
- A monthly position summary: income, costs, cash, what you owe HMRC so far
- Year-end handover to our accounts team or your own accountant with no re-work
How it works
Bookkeeping from Pen-y-banc, Carmarthenshire, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
What you get in Pen-y-banc
The price for bookkeeping is published on this page and is what a client in Pen-y-banc pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for bookkeeping are shown at the top of this page, diarised for every Pen-y-banc client and chased before they arrive.
No appointments, no travel across Wales, no parking. Everything for bookkeeping in Pen-y-banc happens online, with a real person on the other end during UK working hours.
You get one contact for bookkeeping, not a queue. Pen-y-banc, Carmarthenshire clients message the same person throughout and get an answer in working hours, usually within a few hours.
The output for Pen-y-banc clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for bookkeeping.
Approval before filing is a rule, not a courtesy. For bookkeeping in Pen-y-banc, Carmarthenshire, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Pen-y-banc, Carmarthenshire
Pen-y-banc, Carmarthenshire is in Wales, Wales. Welsh taxpayers pay Welsh rates of income tax, set by the Senedd and currently matching the English bands, collected under a C-prefixed tax code. National Insurance, VAT and Corporation Tax are UK-wide. Property purchases in Wales pay Land Transaction Tax to the Welsh Revenue Authority rather than Stamp Duty, with its own bands and rates.
| Place | Distance | Direction |
|---|---|---|
| Nant-y-rhibo | 0.8 mi | SE |
| Pentre-felin, Carmarthenshire | 1 mi | W |
| Dinefwr Park | 1 mi | S |
| Rhosmaen | 1 mi | E |
| Llandeilo | 1 mi | SE |
| Rhiw-yr-adar | 1 mi | SW |
| Heol-galed | 2 mi | N |
| Pant-gwyn, Wales | 2 mi | NW |
Worth knowing
Rules that come up in this work
Confirmation statements and identity verification
Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.
CIS deductions
CIS turns construction subcontractors into advance taxpayers: a fifth of every labour payment goes to HMRC before they see it. Registering keeps the rate at 20% rather than 30%; gross payment status, for established businesses with a clean record, removes deductions altogether. The annual return is where the overpayment comes back, and filing it early brings the refund sooner.
The VAT registration threshold
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
Corporation Tax rates and marginal relief
Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.
Salary versus dividends
The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.
Director's loan accounts
A director's loan account records money moving between a director and the company that is not salary or dividend. If the director owes the company money nine months and one day after the year end, the company pays section 455 tax at 35.75% of the balance, refundable only when the loan is repaid. Loans over £10,000 are also a benefit in kind unless interest is charged at HMRC's official rate.
The Self Assessment calendar
Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.
Questions
Bookkeeping questions from Pen-y-banc
Can my existing accountant still do the year end?
Yes. Many clients use us for bookkeeping and another firm for accounts. At year end we hand over a reconciled file with the trial balance, bank reconciliations and supporting documents, in whatever format your accountant prefers.
How quickly are the books up to date?
Bank feeds update daily. We reconcile within five working days of the month end once your receipts are in, so the monthly summary arrives in the first week of the following month. Queries are sent in one message rather than piecemeal.
Can you catch up a backlog?
Yes. Backlogs are quoted as a fixed fee based on the number of months and transactions, agreed before we start. Once caught up, the normal monthly band applies. We tell you honestly if the backlog is small enough to do yourself.
What is the VAT bundle?
Bookkeeping plus quarterly VAT returns for £119 a month, covering up to 150 transactions. Because we already have the coded transactions, the return is prepared and submitted through MTD-compatible software without extra data entry, and you approve it before anything goes to HMRC.
Will I need this for Making Tax Digital for Income Tax?
If you are a sole trader or landlord with qualifying income over £50,000 you joined MTD for Income Tax in April 2026, and the £30,000 threshold follows in April 2027. It requires digital records and quarterly updates to HMRC. Our bookkeeping service keeps the records in the required form and submits the updates.
How do you handle cash sales and personal spending from the business account?
Cash takings are recorded from your till or daily summary, and personal spending is coded to drawings or the director's loan account so it does not end up as a business expense. We flag patterns that could cause problems, such as a growing director's loan balance.
Which deadlines matter most for bookkeeping?
The next four dates that apply to bookkeeping are shown at the top of this page, calculated from today. For Pen-y-banc clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Pen-y-banc, Carmarthenshire?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for bookkeeping. Once you confirm, we tell you exactly which records to send and the work begins. Most Pen-y-banc clients are set up within a day.
Let us take the deadlines off your plate in Pen-y-banc
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.