Do I need to register for Self Assessment?
Yes, if you earn more than £1,000 from self-employment during a tax year, you must register with HMRC for Self Assessment.
When is the deadline to file?
The deadline for submitting your online Self Assessment tax return is 31 January following the end of the tax year (which runs from 6 April to 5 April).
What if I miss the deadline?
If you miss the deadline, HMRC will charge a £100 late filing penalty, even if you have no tax to pay. Additional penalties and interest may apply for continued delays or unpaid tax.
Schedule your free consultation:
+44 121 269 7845
✉️ info@adminbooks.co.uk
40 Easmore Cl, Birmingham B14 5UW, United Kingdom
Let AdminBooks deliver precise, compliant and insightful bookkeeping so you can drive your business forward with confidence.
A bookkeeper records, organizes and reconciles your daily financial transactions, sales, purchases, expenses and bank movements.
Benefits to you: saves hours on administrative tasks, minimizes errors and ensures your records are audit-ready.
Partner with us when you:
- Spend excessive time on data entry instead of growing your business.
- Manage complex operations (e.g. multiple sales channels, payroll, VAT).
- Require reliable, up-to-date reports to guide decisions.
- Need support with HMRC compliance, Auto Enrolment or year-end filings.
Read our blog on the Chamber of Commerce website: Why good bookkeeping is the secret to small business success
-
Our transparent tiers are based on service scope and transaction volume:
- Entry-level (Software-only): £65–£120 per user/month. Includes setup, basic training, support with Pleo integration and connecting to your bookkeeping software (Xero or QuickBooks).
- Standard (Core Bookkeeping): £200–£400 per month. Covers recording transactions, monthly reconciliation and quarterly VAT returns.
- Premium (Comprehensive Support): Custom quote. Adds payroll processing, on-site visits, bespoke management reporting and interim finance management.
Contact us for a no-obligation review and tailored proposal.
We integrate and configure leading UK-compliant tools:
- Xero: Bank-feed automation, multi-currency.
- QuickBooks Online: Intuitive VAT modules.
- Sage Business Cloud: Scalable for growing enterprises.
End-to-end support: data migration, user training and ongoing technical assistance are included.
- Omitted or lost receipts
- Personal/business account mixing
- Irregular or skipped bank reconciliations
- Misclassified or untagged transactions
- Late data entry leading to reporting backlogs
Outsourcing to AdminBooks minimizes these risks and keeps your books continuously accurate.
Read our blog on the Chamber of Commerce website: Five bookkeeping mistakes small businesses make and how to avoid them
- VAT & MTD submissions: Accurate data ensures timely, correct filings and avoids HMRC penalties.
- Corporation Tax: Precise profit figures streamline tax returns and reduce audit risk.
- Certified to Cyber Essentials, demonstrating robust protection against common cyber threats.
- Fully GDPR compliant, ensuring client data is handled securely in accordance with UK data protection laws.
- AML compliant, adhering to Anti-Money Laundering regulations and best practices.
- Encrypted data transmission and secure cloud storage with leading providers.
- Role-based access controls, multi-factor authentication and regular vulnerability assessments.
- Automated backups, disaster-recovery testing and business continuity planning.
- Audit-ready records maintained per HMRC, Companies House and Making Tax Digital standards.
We tailor frequency to your business:
- Micro-businesses: Weekly or monthly updates.
- Growing SMEs: Weekly to real-time bookkeeping.
- High-volume enterprises: Daily reconciliations for continuous visibility.
Example workflow for a growing SME:
- Monday: Import and categorize weekend transactions.
- Wednesday: Reconcile bank accounts and review cash flow.
- Friday: Generate weekly P&L snapshot and highlight anomalies.
Yes, but common pitfalls include:
- Falling behind on entries during busy periods.
- Misinterpreting complex VAT rules.
- Inconsistent reconciliation leading to hidden errors.
AdminBooks removes this burden, ensuring compliance, reliable records and more time for you to focus on growth.
- Monthly Management Accounts: P&L and balance sheet.
- Cash-flow Forecasts: Short- and medium-term projections.
- Aged Receivables/Payables Analysis: Identify slow-paying customers or overdue supplier bills.
- KPI Dashboards: Tailored metrics on request.
- Free initial consultation to understand your needs.
- Documentation review: Provide past records, software access and authorisations.
- Custom proposal and agreement.
- Data migration & setup: Transfer existing ledgers and configure software.
- Training & go-live: Staff training and transition within 4–6 weeks.
Prepare to provide: recent bank statements, purchase/sales records and login details for current software.
