TaxPound

Professional Bookkeeping Services in the UK

Professional Bookkeeping Services
Built for UK Businesses

TaxPound provides HMRC-compliant bookkeeping for SMEs, startups, landlords, freelancers, and eCommerce businesses across the UK — giving you real-time financial clarity and total peace of mind.

✓ HMRC Compliant ✓ MTD Ready ✓ Cloud-Based ✓ UK-Based Team ✓ Trusted by 500+ Businesses

What Are Professional Bookkeeping Services?

Bookkeeping is the systematic recording, organising, and managing of your business’s financial transactions. At TaxPound, we ensure every pound in and out is accurately tracked — forming the solid foundation your financial health depends on.

While bookkeeping focuses on day-to-day transaction recording, accounting involves interpreting, analysing, and reporting on that financial data. Both are essential for UK businesses to maintain HMRC compliance and make informed decisions. With Making Tax Digital (MTD) now mandatory for VAT-registered businesses, TaxPound’s digital-first approach keeps you fully compliant.

VAT Compliance

Accurate VAT recording and quarterly returns under Making Tax Digital requirements, managed entirely by TaxPound.

Self Assessment

Organised records for accurate tax return preparation and timely HMRC submissions, handled on your behalf.

Corporation Tax

Proper financial records for limited companies to meet all statutory obligations without the stress.

Payroll Obligations

PAYE processing, RTI submissions, and pension auto-enrolment compliance — all taken care of by TaxPound.

TaxPound’s Bookkeeping Services in the UK

From daily transaction recording to comprehensive financial reporting, TaxPound handles all aspects of your bookkeeping so you can focus on growing your business.

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Daily & Monthly Bookkeeping

TaxPound manages your day-to-day finances with accuracy and consistency.

  • Transaction recording and categorisation
  • Bank reconciliation (daily/weekly/monthly)
  • Expense categorisation for tax efficiency
  • Income tracking and verification
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VAT Returns & MTD Compliance

TaxPound ensures seamless VAT management and digital HMRC submissions.

  • Making Tax Digital (MTD) setup and compliance
  • Quarterly VAT return preparation and filing
  • VAT registration support and guidance
  • VAT scheme optimisation (Flat Rate, Cash Accounting)
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Payroll & CIS Support

Complete payroll processing for your team, handled by TaxPound’s specialists.

  • PAYE processing and RTI submissions
  • Auto-enrolment pension administration
  • CIS returns for contractors and subcontractors
  • Payslip generation and P60/P45 production
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Accounts Payable & Receivable

TaxPound keeps your cash flow healthy with efficient invoice management.

  • Sales and purchase invoice processing
  • Credit control and debt chasing
  • Supplier payment scheduling
  • Aged debtor and creditor reports
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Management Reporting

Real-time financial insights delivered by TaxPound every month.

  • Monthly Profit & Loss statements
  • Balance sheets and financial position
  • Cash flow forecasting and reports
  • Custom financial dashboards

Who TaxPound Works With

TaxPound specialises in providing tailored bookkeeping solutions for diverse businesses and industries across the UK.

Small Businesses

Scalable TaxPound bookkeeping that grows with your business, from startup to established SME.

Limited Companies

Full compliance with Companies House and HMRC requirements, including statutory accounts.

Sole Traders

Simple, affordable bookkeeping for self-employed professionals and freelancers across the UK.

Contractors & CIS

Specialist TaxPound support for construction contractors with CIS deductions and compliance.

Landlords & Property

Property-specific bookkeeping for rental income, expenses, and capital allowances.

eCommerce Businesses

TaxPound integrates with Amazon, Shopify, and Etsy for accurate multi-channel bookkeeping.

Why Choose TaxPound for Bookkeeping?

TaxPound combines certified expertise, cloud technology, and a genuinely personal service to deliver bookkeeping that works for your business.

HMRC Compliant

All TaxPound processes are aligned with current UK regulations and MTD standards.

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Cloud-Based Systems

Real-time access to your finances via Xero, QuickBooks, or Sage — from anywhere.

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Transparent Pricing

TaxPound charges fixed monthly fees with no hidden costs or nasty surprises.

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GDPR Compliant

Bank-level security and full compliance with UK data protection laws.

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Dedicated Support

Your personal TaxPound bookkeeper available by phone, email, and video call.

Quick Response

Same-day responses to urgent queries — guaranteed TaxPound support SLA.

Cloud Accounting Software TaxPound Uses

TaxPound works with the UK’s leading cloud accounting platforms, giving you real-time access to your financial data from anywhere, any time.

Xero

TaxPound’s preferred platform for most UK businesses. Powerful, intuitive, and MTD-ready.

QuickBooks

Ideal for small businesses and sole traders. Excellent mobile app and ease of use.

Sage

A traditional favourite for UK businesses. Perfect for payroll and larger operations.

FreeAgent

Designed specifically for freelancers, contractors, and micro-businesses — supported by TaxPound.

Benefits of Cloud Accounting with TaxPound:

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Real-Time Access

View your finances 24/7 from any device, anywhere in the world.

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Digital Records

All documents stored securely in the cloud — no paper filing needed.

MTD Compatible

Fully compliant with Making Tax Digital requirements from HMRC.

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Bank Feeds

Automatic transaction imports from your bank, saving time and reducing errors.

How TaxPound’s Bookkeeping Process Works

Getting started with TaxPound is simple. We’ve refined our onboarding to get you up and running quickly and smoothly.

1

Free Consultation with TaxPound

We discuss your business needs, current setup, and bookkeeping challenges. TaxPound will recommend the best package and software for your specific situation — at no cost.

2

Onboarding & System Setup

TaxPound sets up your cloud accounting software, configures your chart of accounts, and establishes your preferred reporting structure.

3

Data Migration

TaxPound securely transfers your existing financial data, ensuring accuracy and completeness. Historical data is imported for comparison and compliance purposes.

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Ongoing Monthly Bookkeeping

TaxPound processes transactions, reconciles accounts, and maintains your books on an ongoing basis. You receive clear monthly financial reports every single month.

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Reporting & Compliance Support

Regular management reports, VAT returns, and year-end support. TaxPound is always available for queries and strategic advice whenever you need us.

Benefits of Outsourcing Bookkeeping to TaxPound

Let TaxPound handle the numbers while you focus on what matters most — running and growing your business.

Save Time

Reclaim 10–20 hours per month by letting TaxPound handle the numbers.

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Reduce HMRC Penalties

Avoid costly fines for late or inaccurate submissions with TaxPound’s expert compliance.

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Improve Cash Flow

Real-time visibility from TaxPound helps you spot issues early and make informed decisions.

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Lower Costs

More affordable than hiring in-house. No recruitment, training, or employee overhead costs.

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Scalable Services

TaxPound’s packages grow with your business and adjust seasonally with ease.

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Expert Guidance

Access to TaxPound’s professional advice without the cost of a full-time finance team.

TaxPound Bookkeeping Pricing by Transaction Volume

TaxPound believes in honest, volume-based pricing — so you only pay for what you actually need. No flat-fee tiers, no bloated bundles. Your price is based on your monthly transaction volume.

Monthly Transactions Monthly Price Ideal For Includes
1 – 50 transactions From £75/mo Sole traders, freelancers & brand new startups Bank reconciliation, expense categorisation, monthly P&L
51 – 100 transactions From £150/mo Early-stage small businesses & landlords All above + VAT returns (if applicable), quarterly review
251 – 500 transactions From £450/mo Established SMEs with higher activity & multiple income streams All above + payroll (up to 5 employees), cash flow forecasting
501 – 1,000 transactions From £699/mo Multi-channel businesses, contractors & property portfolios All above + dedicated bookkeeper, CIS returns, priority support
1,000+ transactions Custom Quote High-volume businesses, multi-entity & complex operations Fully tailored TaxPound package — contact us to discuss your needs
💡 What counts as a transaction? Each bank entry counts as one transaction — this includes sales invoices, purchase invoices, expenses, and bank transfers. TaxPound will confirm your approximate volume during your free consultation before any commitment.

Additional Pricing Factors

TaxPound may adjust your quote based on the following — all discussed transparently upfront:

VAT Registration

VAT returns add complexity. TaxPound includes quarterly VAT filing from the 101+ tier, or as an add-on below.

Payroll Employees

Each employee adds PAYE and RTI processing. TaxPound charges a small per-employee fee above the included allowance.

Industry Type

Construction (CIS), property, and eCommerce may require specialist handling — factored into TaxPound’s quote.

Catch-Up Bookkeeping

Have unreconciled records? TaxPound offers catch-up bookkeeping at a fixed one-off fee — no hidden surprises.

Not sure which tier fits? Book a free 15-minute call and TaxPound will confirm your volume and provide an exact quote — no obligation.

Get Your Free Quote from TaxPound

Frequently Asked Questions – TaxPound Bookkeeping UK

Got questions? TaxPound has answers. If you can’t find what you’re looking for, just give us a call.

How much does bookkeeping cost with TaxPound?
TaxPound’s bookkeeping starts from £75/month for sole traders with up to 50 transactions. Pricing is based on your monthly transaction volume, ensuring you only pay for what you use. Book a free consultation and TaxPound will give you an exact, no-obligation quote within one working day.
Is bookkeeping required by law in the UK?
Yes. All UK businesses must keep accurate financial records for at least 6 years (5 years for sole traders). HMRC requires records of all income and expenses. VAT-registered businesses have additional requirements under Making Tax Digital, and limited companies must file statutory accounts with Companies House. TaxPound ensures full compliance on all fronts.
What is the difference between a bookkeeper and an accountant?
Bookkeepers handle day-to-day financial recording: transactions, invoicing, bank reconciliation, and basic reporting. Accountants analyse financial data, prepare statutory accounts, file tax returns, and provide strategic tax planning. TaxPound’s bookkeeping service covers the ongoing maintenance your business needs, working seamlessly alongside your accountant at year-end.
Can TaxPound help with HMRC audits or investigations?
Yes. TaxPound’s accurate, well-maintained records make HMRC audits significantly simpler. We can provide all necessary documentation and explain our processes to HMRC throughout an investigation. We work closely with accountants and tax specialists to ensure complete compliance and can recommend the right professionals if needed.
Is TaxPound Making Tax Digital (MTD) compliant?
Absolutely. All TaxPound bookkeeping services are MTD-compliant. We use HMRC-approved software (Xero, QuickBooks, Sage) that integrates directly with HMRC’s systems. TaxPound handles MTD setup, quarterly VAT submissions, and digital record-keeping as standard. MTD for Income Tax Self Assessment is also fully supported for sole traders and landlords.
How quickly can TaxPound get started with my books?
Most clients are fully onboarded by TaxPound within 5–7 business days. After your free consultation, we set up your cloud software, migrate historical data, and begin processing transactions immediately. For urgent situations, TaxPound can offer expedited onboarding within 2–3 business days.
What if I have years of unreconciled or messy records?
TaxPound specialises in catch-up bookkeeping. We can go back months or even years to clean up records, reconcile accounts, and get you fully compliant. Catch-up work is quoted separately at a fixed fee — so there are no surprises. Contact TaxPound and we’ll assess the scope and give you a clear upfront cost.
What software does TaxPound use?
TaxPound primarily works with Xero, QuickBooks, Sage, and FreeAgent — all HMRC-approved and MTD-compatible platforms. If you already use a preferred platform, we’ll work with it. If you’re starting fresh, TaxPound will recommend the best fit for your business size and industry during your free consultation.

Ready to Hand Over Your Bookkeeping to TaxPound?

Join over 500 UK businesses that trust TaxPound to keep their books accurate, compliant, and stress-free. Get started with a free, no-obligation consultation today.

📞 020 3837 6611 — Monday to Sunday, 9am–6pm