Most business owners hate doing bookkeeping — but it’s absolutely essential to make sure your books and year-end accounts are not only accurate, but also done in the way specified by HMRC. Keeping financial records in the prescribed format is a legal requirement, and you risk a fine otherwise.

But that’s not the only reason to have accurate, up-to-date accounts. They can also be a powerful tool to help your business grow. They’ll give you access to critical financial information and key performance indicators, helping you make the best decisions for your business.

Grace Certified Accountants keep your accounts up to date on QuickBooks, reconciling both sales invoices and supplier invoices, and giving you access to the information you need whenever you need it. It’s not so much bookkeeping — more like a Virtual Financial Management System.

Preparing your self-assessment tax return can be challenging and time consuming — but HMRC aren’t usually tolerant of mistakes. If you choose an accountant you can absolutely trust to get it spot on, that’s one more weight off your mind.

Because Grace Certified Accountants keep your books completely up to date online, using QuickBooks, the process for preparing your self-assessment tax return is quick and simple. We offer:

• Preparation and filing of self-assessment tax returns for individuals (including self-employed business owners)

• Preparation and filing of Corporation Tax returns for businesses

• Partnership tax returns

A VAT bill can come as a nasty surprise if you’re not expecting it — and HMRC aren’t going to give you much leeway for either mistakes or delays in paying.

Your VAT return has to be accurate and conform to HMRC’s requirements, but it’s also vital to know what you owe while you still have time to put the funds aside. That means keeping track of all VAT due in real time, so you’re able to ring-fence the money as soon as you receive it.

Grace Certified Accountants offer quarterly VAT Returns services and carry out ongoing VAT accounting. That means not only that the VAT return will be straightforward, when we come to do it — it also means that you’ll know what to expect before the payment is due to be paid to HMRC.

Whether you have one, two or twenty properties portfolio, rental income received from the property must be reported to HMRC. We will do the property accounts for you, including all allowable expenses, so that you pay only the right amount of tax.

If you receive £50,000 or more in rent for properties, your tax requirements are going to change from April 2026.

You’ll be required to register for MTD for ITSA (Making Tax Digital Income Tax for Self-Assessment), maintain digital records, and file quarterly returns to HMRC using MTD compatible software.

This could be a considerable task, but don’t worry — Grace Certified Accountants will handle it for you.

You can read more about MTD for ITSA here

We’ll also help if you want to put a property into a Trust, to protect it as part of planning for the future. Once the Trust is set up, we’ll complete all the registration requirements with HMRC for you, making sure everything’s the way you want it.