FAQs | Answers for UK SMEs Needing Accounting Help

We Get These Questions A Lot

So let's clear things up. If you still need help, we're just a message away.

Got Questions? Let's Clear Things Up

Top 10 Questions Business Owners Ask Us

We offer bookkeeping, tax returns, payroll, advisory, VAT support, and more. See our full services here.
We work with small and medium-sized business owners in the food & beverage, retail, media, construction, sole traders and startup sectors.
Nope! We're a remote-first firm and serve clients across the UK.
We work with Xero, QuickBooks, and cloud-based platforms. We can advise what suits you best. Learn more here.
Absolutely. We specialise in sorting things out-no judgment, just solutions. Explore our Bookkeeping Plans.
We offer fixed monthly plans and custom packages. Let's talk here.
It starts with a free 15-minute call. Book your call here.
Yes. We handle HMRC correspondence and resolve queries for you. Learn about our Tax Services.
No long tie-ins. We work month-to-month and earn your trust with results.
We're human, helpful, and hands-on. You'll always feel supported, not confused.

Top 11 Bookkeeping Questions

From bank reconciliation to VAT filings and payroll-our plans are tiered for every stage. See all plans.
Yes! We onboard anytime-even if it's mid-year or mid-crisis.
Definitely. Our Economy Plan was made for you. View the Economy Plan.
It depends on your plan-monthly, quarterly, or end-of-year. Choose what suits your pace.
Yes, we ensure full MTD compliance. See our VAT Support.
Yes. We help digitise, track, and organise receipts. You'll feel clear and in control again.
Payroll is included in Premium, Business, and First Class plans. See Payroll Options.
We'll guide the full transition, including chasing records and data securely.
Mostly Xero and QuickBooks. But we adapt to your needs. Learn more.
Yes, it's month-to-month. No hassle, no hidden terms.
Yes. We offer transparent, fixed monthly pricing for bookkeeping and payroll across London. Pricing scales with your business size, and payroll includes RTI submissions and pensions.

Top 10 Accounting Questions

Yes, including guidance, filing, and reminders. Explore Tax Support.
Absolutely. We handle year-end accounts, CT600, and Companies House filing.
Budgeting, forecasting, strategic advice, and more. See Consulting Details.
Yes. We represent you, prepare the documentation, and reduce stress.
Yes. That's part of our advisory and compliance support. See Tax Planning.
Bookkeeping tracks what happened. Accounting helps you make decisions based on it.
If your turnover exceeds £90,000 (2024-25 threshold), yes. We can assess this for you. VAT Guidance Here.
Yes. Monthly reporting is available in our Business and First Class plans. View Plans.
We help design financial systems that reduce fraud and improve accuracy. See Internal Controls.
Yes. We collaborate with in-house bookkeepers, staff, or directors.

Top VAT Questions

If your business turnover exceeds £90,000 in a 12-month period, registration is mandatory. More VAT Guidance.
Yes, as long as those expenses are for business purposes and properly documented.
Usually quarterly, but some businesses file annually or monthly.
It's a HMRC initiative requiring digital VAT records and filing through approved software. See how we help.
HMRC may issue penalties and interest. We help you avoid that by staying ahead of deadlines.
Absolutely. We take care of everything from calculations to submissions. Learn more.
That depends on where they're based and what you're selling. We'll advise you correctly.
You must keep invoices, receipts, and digital copies for at least 6 years.

Top Payroll Questions

Yes. From 1 to 100+ employees-we process it all. Explore Payroll Services.
We manage NEST and other schemes to ensure compliance.
We handle CIS deductions, reporting, and submissions to HMRC. View CIS Support.
Yes, we submit every payslip in real time to HMRC to avoid fines.
In our Premium and higher plans-yes. See What's Included.
We offer next-day payroll processing for emergencies.
Yes. We set up online portals for your team to view payslips securely.

Top Industry-Specific Questions

Yes. We help manage margins, VAT on food, and tip allocations. See F&B Support.
Absolutely. We help with stock control, POS integration, and seasonal planning. Retail Help Here.
From freelance invoices to royalty tracking-we get the creative world. Explore Media & Entertainment.
Yes. We manage CIS, project-based accounting, and cash flow forecasting. See Construction Services.
Of course. We guide setup, grant applications, and ongoing growth. Support for Startups.

Didn’t find what you were looking for?

Ask BondEsq – View Our Full Q&A Hub