Accounting

Bookkeeping · Wales

Bookkeeping services in Pentre Meyrick

Monthly bookkeeping for businesses in Pentre Meyrick, 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 Pentre Meyrick 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 Pentre Meyrick

Sole traders, partnerships and limited companies in Pentre Meyrick 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 Pentre Meyrick, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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 Pentre Meyrick

The price for bookkeeping is published on this page and is what a client in Pentre Meyrick 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 Pentre Meyrick client and chased before they arrive.

No appointments, no travel across Wales, no parking. Everything for bookkeeping in Pentre Meyrick happens online, with a real person on the other end during UK working hours.

You get one contact for bookkeeping, not a queue. Pentre Meyrick clients message the same person throughout and get an answer in working hours, usually within a few hours.

Plain English, with the numbers. Every draft for Pentre Meyrick comes with a short explanation of what the figures mean and what, if anything, you should do about them.

You stay in control of bookkeeping: drafts go to Pentre Meyrick clients first, with the figures explained, and nothing leaves us until you say so.

Local facts

About Pentre Meyrick

Pentre Meyrick 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.

Nearby places we also serve for bookkeeping
PlaceDistanceDirection
Meyrick, Pentre0.0 miN
Penllyn0.7 miNE
Llysworney1 miS
Llyswyrny1 miS
Crossways, Vale of Glamorgan1 miSE
Llangan, Vale of Glamorgan1 miN
Craig Penllyne1 miNE
Penllyne, Craig1 miNE

Worth knowing

Rules that come up in this work

Switching accountants

You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

Record keeping

Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Crypto records and reporting

Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.

The 60-day property CGT return

Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.

Dormant companies

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

Questions

Bookkeeping questions from Pentre Meyrick

Do you do bookkeeping for landlords?

Yes. Rental income, agent statements, mortgage interest, repairs and the split between revenue and capital costs are all coded correctly for the property pages of your return. Portfolio landlords usually sit in the £49 or £89 band, and MTD for Income Tax applies to rental income as it does to trading income.

What if my volume changes?

We review the transaction count each quarter. If you move into a higher or lower band we tell you before the next invoice and adjust from the following month. There is no penalty for moving down and no back-charging for a busy month.

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.

How do you count transactions for the fee?

Every line on your business bank and card statements for the month, including payments in and out. Transfers between your own accounts are excluded. Up to 50 lines is £49 a month, up to 150 is £89, up to 300 is £149. We check the count from your statements before quoting so the band is right from the start.

Which software do you use and who pays for it?

We work in the main cloud platforms that are compatible with Making Tax Digital and set up the one that suits your business. The subscription is in your name and billed to you by the software company, typically £15 to £35 a month, so you own the data and can leave at any time with your records intact.

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 Pentre Meyrick 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 Pentre Meyrick?

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 Pentre Meyrick clients are set up within a day.

Ready to fix your fee in Pentre Meyrick?

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote