When time-sensitive bookkeeping demands threaten your business operations, Pearl Lemon Accountants steps in with precision and reliability. Our services are designed to address urgent financial crises, ensuring your records are accurate and compliant without missing a beat.
Our Services
We offer a wide range of accounting services, each customised to meet the specific needs of businesses across various industries in the UK. Whether you’re a writer, Amazon seller, sole trader, or small business owner, we have the expertise to help you manage your finances and ensure long-term success. Here’s how we help businesses like yours:
Writers Accounting Services
As a writer, managing your income, expenses, and taxes in the UK can be tricky. To help you stay organised and compliant, we offer professional writers accounting services, whether you’re a freelance writer, an author, or someone receiving royalties.
- Income Tracking: We help writers track income from freelance projects, book sales, and royalties.
- Tax Compliance: We ensure accurate tax filings and help you maximise allowable deductions under UK tax law.
- Expense Management: We track your business-related expenses such as research costs, marketing, and equipment.
- Royalty Accounting: We manage your royalties, ensuring that income is correctly reported for tax purposes.
- Pension Planning: We offer pension planning services, ensuring you secure your future beyond writing.
Amazon Sellers Accounting Services
Selling on Amazon in the UK comes with its own financial challenges. Our services help Amazon sellers find VAT, fees, and taxes to ensure compliance and simplify business operations.
- VAT Registration and Filing: We ensure that your business is VAT-compliant under UK law and help with VAT registration and returns.
- Profit and Loss Tracking: We provide a clear view of your profitability by tracking sales, fees, and expenses.
- Inventory Management: We help you account for inventory accurately, ensuring that your business is VAT-compliant.
- Amazon Fees Accounting: We ensure that Amazon’s fees are correctly accounted for in your financial records.
- Tax Filing Support: We prepare your tax returns, ensuring compliance with HMRC and minimising tax liabilities.
Self-Employed Accounting Services
As an individual in the UK, managing your taxes, expenses, and income is vital. We offer detailed accounting services to help you navigate the complexities of self-employment.
- Self-Assessment Tax Returns: We handle your self-assessment filings, ensuring you meet HMRC deadlines and avoid penalties.
- Expense Tracking: We help track and categorise your business-related expenses, ensuring all allowable deductions are claimed.
- National Insurance Contributions: We help you manage your National Insurance contributions to stay compliant with UK regulations.
- Tax Saving Strategies: We offer strategies that reduce your tax liability while ensuring you’re compliant with UK tax law.
- Cash Flow Management: We assist in managing your income, expenses, and cash flow, ensuring your business runs smoothly.
Artists Accounting Services
Managing your finances as an artist in the UK can be a challenge, especially with varied income streams such as commissions, exhibitions, and performances. Our Artists Accounting Services are designed to help you stay on top of your finances, ensuring full compliance with UK tax laws.
- Income Management: We assist in tracking income from art sales, commissions, exhibitions, and performances.
- Tax Planning: We offer advice on how to minimise your tax liability, considering your fluctuating income.
- Expense Tracking: We keep track of expenses related to your creative work, such as materials, travel, and marketing.
- Grant Management: We help manage grants and subsidies, ensuring compliance with the conditions set by funding bodies.
- Royalties Accounting: We manage royalties from art sales and performances, ensuring everything is properly reported for tax purposes.
Sole Traders Accounting Services
As a sole trader in the UK, it’s important to have your finances in order. Our Sole Traders Accounting Services ensure that your taxes, expenses, and records are properly handled, helping you avoid any potential issues with HMRC.
- Tax Filing: We prepare your tax returns and ensure all income is correctly reported under UK law.
- Expenses Management: We help track and categorise your expenses, ensuring you claim all eligible deductions.
- Income Tracking: We manage and track your client payments and ensure accurate financial records.
- National Insurance Contributions: We ensure your National Insurance contributions are correctly calculated and reported.
- Pension Contributions: We help set up pension schemes and manage your contributions for long-term financial security.
Architects Accounting Services
Managing finances as an architect in the UK requires special attention due to project-based income and large, variable expenses. We provide top-notch architectural accounting services that help you manage projects, expenses, and taxes.
- Project Cost Tracking: We help you track project costs, ensuring that each job is profitable and financial records are accurate.
- VAT Compliance: We handle VAT registration and filing to ensure you comply with UK VAT regulations.
- Expense Management: We manage your business expenses, including materials, office rent, and travel, ensuring accurate deductions.
- Financial Reporting: We generate detailed financial reports to help you track your income, expenses, and profits.
- Retirement Planning: We provide pension planning advice to help you prepare for your future after your architectural career.
Small Business Accounting Services
Small businesses in the UK face unique challenges when it comes to managing finances. We offer small business accounting services that help business owners stay on top of cash flow, taxes, and financial reporting.
- Bookkeeping: We handle your day-to-day transactions and ensure your books are up to date.
- Cash Flow Management: We help you track cash flow to ensure your business has enough liquidity to meet its obligations.
- Tax Filings: We prepare your tax returns and ensure your business is compliant with UK tax laws.
- Expense Tracking: We track your business expenses, helping you claim all eligible deductions.
- Financial Reports: We prepare monthly and annual financial reports to give you a clear picture of your business’s financial health.
Psychologists Accounting Services
Psychologists in the UK face specific accounting challenges, such as patient billing, insurance claims, and complex tax obligations. We offer Psychologists Accounting Services that help you stay compliant while managing the financial side of your practice.
- Private Practice Management: We assist with managing income from patients, insurance claims, and billing.
- Tax Planning: We help you optimise your tax position by providing strategies specific to the healthcare industry.
- Expense Management: We track office rent, equipment, and professional development costs, ensuring everything is correctly deducted.
- Pension Planning: We help set up pension schemes, ensuring that you plan for your future.
- Financial Reporting: We provide monthly financial reports that help you monitor the financial health of your practice.
Why Choose Us?
We do more than just balance the books. We help you find the complexities of accounting and tax laws in the UK, providing you with peace of mind and helping you focus on what matters most: growing your business.
Here’s why businesses in the UK trust us:
- Industry-Specific Expertise: We have a thorough understanding of the unique financial needs of various industries, from writers to healthcare professionals and small businesses.
- Detailed Services: From tax planning to bookkeeping, we provide a full suite of services to support your business at every stage.
- Accuracy and Timeliness: We ensure your financial records are accurate and filed on time, helping you avoid costly mistakes and penalties.
- Proactive Support: We identify potential financial challenges before they become problems, offering advice and solutions to keep your business on track.
- Personalised Service: We take the time to understand your business and provide customised accounting solutions to meet your needs.
Frequently Asked Questions.
Our accounting services help identify tax-saving opportunities specific to your industry, ensuring that you’re not overpaying. We assist with tax planning, expense tracking, and maximising allowable deductions to reduce your tax liability.
Yes, we help businesses in the UK with VAT registration, filing VAT returns, and ensuring that all VAT-related matters are handled correctly. We ensure compliance with HMRC to avoid penalties and fines.
We maintain accurate and up-to-date financial records, provide regular reporting, and ensure that all reports are in line with UK accounting standards. Our team also reviews your financial data periodically to ensure accuracy and compliance.
We stay up to date with the latest tax regulations in the UK and ensure that your business is compliant with HMRC requirements. We handle all aspects of tax filings, from VAT returns to self-assessment, and provide guidance to minimise tax risks.
We recommend quarterly meetings to review your financial performance, discuss tax planning, and address any issues. However, we’re available whenever you need assistance, whether for ad hoc advice or regular check-ins.
Ready to Take Control of Your Business’s Financial Future?
Don’t let accounting and tax worries retain you back. Whether you’re a writer, small business owner, or healthcare professional, we are here to simplify your finances and help your business thrive.
Schedule a consultation today to get started with one of our experienced accountants.
Book a call now and let’s discuss how we can help you manage your finances and take your business to the next level.
