FAQs

Questions we get asked first.

Can't find what you're after? Get in touch and we'll answer it directly.

Clients typically ask who needs to file a self assessment, how much accounting costs, whether PnL works outside London, and how switching from another accountant works.

Bookkeeping & VAT

Ongoing business finances

Bookkeeping is the ongoing record of what's coming in and going out. Year-end accounts are the formal summary built from those records once the financial year closes — the two work best together, which is why most clients bundle them.

It's compulsory once your taxable turnover passes the current HMRC threshold, but some businesses register earlier by choice. We can talk through whether early registration makes sense for you.

Yes, this is common. We'll review your existing records, reconcile anything that's fallen behind, and pick up the ongoing bookkeeping from wherever it left off.

General

Getting started

Sole traders, company directors, landlords, and anyone with untaxed income above HMRC's thresholds. If you're not sure whether that includes you, that's exactly what the free consultation is for.

Yes. Most client work happens by call and email, so location isn't a barrier — we work with individuals and businesses across the UK.

It depends on what you need — a single return costs less than ongoing monthly bookkeeping and payroll. Our packages page is a starting point; the consultation confirms an exact quote before anything is agreed.

Software totals numbers you give it. We review those numbers, flag what's missing or questionable, and give you a named accountant to call — not a support queue.

Yes — we're Xero specialists and work with it as our primary platform for bookkeeping, invoicing and reporting. If you're not on Xero yet, we can help you get set up.

Yes, this is a routine process. We handle the professional clearance and records request with your current accountant directly, so the switch requires minimal effort from you.

Yes. If HMRC opens an enquiry into your business or personal tax affairs, we'll manage the correspondence and represent your position throughout.

Most clients are onboarded within a week of the free consultation, once we've received your records and any handover details from a previous accountant.

Payroll

Paying your team

Even with a single employee, payroll involves PAYE, National Insurance and pension submissions that are easy to get wrong. Most clients find it worth outsourcing from employee one.

Yes, auto-enrolment assessment and pension submissions are included as part of our payroll service.

Self Assessment & Tax

Filing your return

Get in touch straight away. Penalties grow the longer a return stays outstanding, but we can usually get you filed and advise on any penalty correspondence with HMRC.

Typically your P60 or P45, records of any self-employed or rental income, bank interest statements, and receipts for allowable expenses. We'll send a simple checklist tailored to your situation after the first call.

Yes — get in touch as soon as you receive the letter. We'll review what's being questioned and handle correspondence with HMRC on your behalf.

Still Have Questions?

Ask us directly — the first call is free.

Get Your Accounting Review
Get Started

Get Your Accounting Review

We'll review your current accounting setup and show you where you could save time, money and tax.

Get Your Accounting Review
info@pnlaccountants.co.uk