Accurate, efficient bookkeeping services, simplified

Let JGTAX, your trusted chartered certified accountants, handle your bookkeeping needs.

Get a free consultation today and see how we can help your business thrive.

Professional bookkeeping services

Bookkeeping serves as the essential cornerstone of a business’s financial well-being. It encompasses the systematic recording, classification, and summarisation of financial transactions to provide a clear and accurate picture of your financial performance. At JGTAX, we understand the importance of meticulous bookkeeping and have the expertise to handle it efficiently.

As a team of experienced chartered certified accountants, we bring a wealth of expertise to the table. Our deep understanding of accounting principles, coupled with our proficiency in the Chinese language and familiarity with its culture, positions us uniquely to address the distinct requirements of Chinese enterprises functioning in the UK.

Scope of our bookkeeping services

Accurate transaction recording

Our experienced bookkeepers accurately record all your financial transactions, ensuring that debits and credits are posted in the correct ledgers for a clear and organised financial overview.

Process optimisation

We regularly assess your internal bookkeeping processes and systems to identify areas for improvement. By optimising your systems, we can help you streamline your operations and enhance efficiency.

Invoice verification

Our team carefully reviews and verifies all your invoices to ensure they are issued correctly and accurately reflect the goods or services provided. This helps prevent errors and maintain accurate financial records.

Cash flow management

We closely monitor your cash flow to identify potential issues and opportunities. By analysing your cash inflows and outflows, we can help you optimise your financial management and improve your business's liquidity.

Financial transaction processing

Our bookkeepers handle all aspects of your financial transactions, including bank reconciliations, cheque processing, sales recording, and expense management. This ensures that your financial records are up-to-date and accurate.

Talk to one of our expert bookkeepers today!

Call us! 020 3289 1688. We’re available from 10 am to 6 pm, Monday to Friday.

Or reach us by email: info@jgtax.co.uk

Who we work with

Sole traders

We provide comprehensive bookkeeping services, including tracking income and expenses, managing VAT returns, and preparing end-of-year accounts.

Limited companies

We offer tailored bookkeeping solutions for limited companies, from setting up the company to maintaining accurate financial records, preparing accounts, and handling corporation tax returns.

Partnership businesses

Our services for partnerships include managing complex partnership accounts, preparing partnership tax returns, and ensuring compliance with relevant regulations.

International business with UK branches

We provide bookkeeping services that streamline your UK operations, ensure compliance with complex UK tax regulations, and provide clear financial insights.

Why choose us?

Experience and expertise

Our chartered certified bookkeepers are experts in the field, equipped to handle all your bookkeeping needs, no matter how complex, while ensuring compliance with the latest regulations.

Tailored solutions

Our tailored approach ensures your bookkeeping aligns perfectly with your business’s unique needs and goals.

Efficiency and accuracy

Our experienced team delivers efficient and accurate bookkeeping, saving you time and effort while maintaining financial integrity.

Confidentiality and trust

We prioritise the confidentiality of your financial information and maintain the highest standards of trust.

Compliance and security

We ensure your business remains compliant and your data is protected by staying informed about current regulations and implementing strong security measures.

Dedicated bookkeeper

Your dedicated bookkeeper will streamline your financial processes and help you avoid tax penalties by ensuring accurate and timely tax payments.

I have been using JGTAX’s services for five years now, and I am incredibly grateful for their support in the growth of my company. They have a professional and efficient team, and most importantly, they offer meticulous and comprehensive services. Whenever I have questions, they always provide prompt and effective assistance.

Frequently Asked Questions

How do I manage bookkeeping if my business operates seasonally?

Running a seasonal business in the UK requires a bookkeeping approach that adapts to your fluctuating income and expenses. Here are some key strategies:

Maintaining consistent transactions: Regardless of the season, record all your income and expenses and ensure accurate data entry, even during off-peak times.
Categorise transactions accurately: Separate expenses based on category (e.g., rent, marketing, inventory) for easy analysis and tax preparation.
Cash flow forecasting: Plan for fluctuations in cash flow. JGTAX can help create a detailed cash flow forecast that accounts for your peak and off-seasons.
Separate business and personal finances: Always keep your business and personal finances separate. Open a dedicated business bank account and use it exclusively for business transactions.
Reconcile accounts regularly: Reconcile your bank statements more frequently during peak seasons with higher transaction volume.
Prepare for future seasons: During slow periods, analyse past financial data to forecast future expenses and plan for upcoming busy seasons.

Can you integrate my e-commerce platform with cloud bookkeeping software?

We are committed to making your bookkeeping tasks incredibly easy. Here’s how we plan to do it:

Seamless data sync: We will connect your e-commerce platform with suitable cloud bookkeeping software, allowing your sales data to be automatically updated without any manual effort on your part.

Time-saving: Say goodbye to time-consuming manual data entry. Our integration will save you valuable time and minimise the risk of errors.

Real-time insights: Gain immediate access to real-time insights into your sales performance, empowering you to make well-informed business decisions as soon as the data is available.

Simplified reconciliation: Reconciling your bank accounts and sales data will be smooth and effortless, ensuring precision and efficiency.

Let us transform your bookkeeping from a tedious chore into a seamless and stress-free experience.

What bookkeeping records do I need to retain for HMRC compliance?

It’s essential to maintain accurate records to comply with HMRC regulations. Here are the key points to remember:

Financial records: Keep records of expenses and income, such as invoices, receipts, and bank statements, for at least 6 years.

Tax returns: Save copies of all tax returns and supporting documents.

Payroll records: If you have employees, maintain records of their earnings, deductions, and pension contributions.

Sales and purchase records: Keep records of all sales, purchases, and expenses.

Following these guidelines will help ensure compliance and prevent any unexpected issues with HMRC.

How can I avoid common bookkeeping mistakes as a small business owner?

Even the most seasoned business owners are susceptible to making bookkeeping errors. To avoid these common pitfalls, consider the following tips:

Accurate record-keeping: Maintaining precise and current records of all your financial transactions is essential.

Regular reviews: Reviewing your financial records can help identify errors or inconsistencies.

Stay updated on tax regulations: It is crucial to stay updated on any changes in tax laws and regulations that could impact your business.

Seek professional help: If you are still unsure about any aspect of your bookkeeping, consider seeking professional assistance from an accountant.

By following these guidelines, you can avoid common bookkeeping mistakes and ensure that your financial records are in excellent condition.

Accreditation

We are members of ACCA. This certification guarantees that we maintain the utmost ethical and professional standards.

Have questions about our bookkeeping services? Get in touch with us today

Contact JGTAX today for a personalised quote.