Your Questions, Answered
Find answers to common questions about our bookkeeping services.
What services do you offer?
We offer: set up and use accounting software, transfer paper invoices to software, self assessment for sole traders, confirmation statements and annual accounts submissions for Ltd companies, categorising receipts according to relevant sections of HMRC self assessment form, and totalling all sales from POS or sales platforms and till data for card sales.
How do I get started?
Visit HMRC and create a tax account for your business. This will have a UTR (Unique Taxpayer Reference). You can download the HMRC app. Then get in touch with us and we’ll take it from there.
How can I contact you?
We are based in Crumpsall, North Manchester and can serve businesses in Salford, Cheetham Hill, Middleton, Blackley, Harpurhey, and Openshaw. You can reach us via email at chinte@accounts.consulting or WhatsApp on 07538 592 335.
How much is charged for self assessment?
Self assessment starts from £60. The charge varies based on your turnover. Turnovers start at £1,000 annually and the charge starts at £60.
Is it worth getting an accountant for self-assessment?
We try to claim as many expenses as possible for tax reliefs on fuel, equipment, office bills etc. Having a professional handle your self assessment ensures you don’t miss any allowable deductions.
What is Making Tax Digital?
Personal taxes will need to be on software from April 2026, for businesses with turnover over £50,000. They will need to be in real time with submissions quarterly (7 August, November, February, and May 2027). The final annual return can be made any time after this with a deadline of 31 January 2028.
What accounting method do you use?
The SA100 form uses cash accounting based on moneys already exchanged. Accruals differs where accounts are based on ordered amounts. We’ll advise which method is best for your business.
Do you handle cryptocurrency income?
Yes. There is a new section on income from sale of cryptocurrency on the self assessment form, and we can help you report this correctly.
How do partnerships work?
Each member fills in an SA100 for their share of the partnership. One partner fills in the SA800 return on software. We can handle all of this for you.
What is Basis Period Reform (Apportionment)?
Basis period reform (BPR) means you will have to be taxed for the whole tax year. If your previous return ended in a period before April, you may have more than 12 months of tax to pay. You would need to estimate any profit beyond the end of your accounting period if it was before April and you haven’t calculated it yet.
Still have questions?
We’re here to help. Get in touch and we’ll respond within 24 hours.