
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More
Frequently asked questions
What qualifications should a bookkeeper in Pembrokeshire hold?
A professional bookkeeper should ideally hold a recognised qualification from ACCA, ICAEW, or AAT. These certifications ensure the individual has undergone rigorous training and adheres to ethical standards. Many firms also offer staff with practical experience in local industries, which can be beneficial for understanding specific business needs in Pembrokeshire.
How can a bookkeeper help with my HMRC tax return?
A bookkeeper organises your financial transactions throughout the year, ensuring all income and expenses are correctly recorded. This makes preparing your Self Assessment or Corporation Tax return much simpler and reduces the risk of errors. They can also liaise directly with your accountant to provide accurate figures, saving you time and stress.
Do I need a bookkeeper if I already have an accountant?
Yes, many businesses benefit from having both a bookkeeper and an accountant. The bookkeeper handles day-to-day financial recording, payroll, and VAT returns, while the accountant focuses on tax planning, year-end accounts, and strategic advice. This division of labour often proves more cost-effective and ensures greater accuracy.
What is the difference between a bookkeeper and an accountant?
A bookkeeper is responsible for recording daily financial transactions, reconciling bank statements, and preparing management reports. An accountant analyses this data to provide tax advice, prepare statutory accounts, and offer strategic financial guidance. Both roles are complementary, and many firms in Pembrokeshire offer combined services.
How much does a bookkeeper in Pembrokeshire typically charge?
Charges vary depending on the volume of transactions and the complexity of your business. Many bookkeepers offer monthly packages starting from around £100 to £300 per month for a small business. Some charge an hourly rate, typically between £20 and £40. It is advisable to request quotes from several local firms to compare pricing.
Can a bookkeeper help with VAT registration and returns?
Yes, most professional bookkeepers are experienced in VAT matters. They can assist with registering your business for VAT, preparing quarterly returns, and ensuring you comply with HMRC deadlines. A qualified bookkeeper will also advise on schemes such as the Flat Rate Scheme or Annual Accounting Scheme if appropriate for your business.
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