Professional bookkeeping is the systematic recording, organising, and tracking of a business’s financial transactions. It ensures accurate financial reporting, simplifies tax compliance, and provides business owners with real-time cash flow visibility.
Bookkeeping Services
Professional Bookkeeping Services for Growing London Businesses
Turn your financial chaos into clarity. We handle the books; you build the business.
Running a business in London is demanding enough without the late-night spreadsheet struggles. At Protax Consultants, we provide fully managed, accurate, and compliant bookkeeping services designed to save you time and safeguard your profits. Whether you are a startup in Wimbledon or an established SME in Central London, our certified team ensures your financial data is always inspection-ready.
Precision Bookkeeping Services for Growing London Businesses
Why Outsourcing Your Bookkeeping Makes Sense
- Cost Efficiency: Avoid the overhead of a full-time in-house hire.
- Compliance: Never miss a VAT deadline or HMRC submission.
- Accuracy: Eliminate human error in your financial records.
- Software Expertise: We are certified pros in Xero, QuickBooks, and Sage.
Comprehensive Bookkeeping Solutions
Daily Transaction Management
We meticulously record every invoice, receipt, and expense. By keeping your ledgers up to date daily or weekly, we ensure you always have a real-time view of your financial health.
VAT Returns & Compliance
Navigating HMRC regulations can be complex. We ensure your VAT returns are calculated correctly and filed on time, every time, preventing costly penalties.
Payroll & CIS Services
Your team is your biggest asset. We manage your payroll processing, payslips, and Construction Industry Scheme (CIS) returns with absolute precision.
Management Accounts & Reporting
Don’t wait until year-end to know how you’re performing. We provide monthly or quarterly management accounts that highlight profitability, cash flow trends, and growth opportunities.
DIY vs. Protax Consultants: The Difference
| Feature | DIY Bookkeeping | Protax Consultants |
| Accuracy | Prone to manual errors | 99.9% Accuracy Assured |
| Software Cost | You pay full price | Included/Discounted Access |
| HMRC Compliance | Risk of missed deadlines | Guaranteed Timeliness |
| Time Investment | 5-10 hours per week | Zero hours required from you |
| Expert Support | None | Dedicated Account Manager |
Comprehensive Bookkeeping Solutions
- Cost Efficiency: Avoid the overhead of a full-time in-house hire.
- Compliance: Never miss a VAT deadline or HMRC submission.
- Accuracy: Eliminate human error in your financial records.
- Software Expertise: We are certified pros in Xero, QuickBooks, and Sage.
Why Choose Protax Consultants?
We are more than just number crunchers; we are your strategic partners.
Local London Expertise
Based in Wimbledon, we understand the specific economic landscape of London businesses.
Certified Professionals
Our team holds accreditations from major UK accounting bodies.
Technology First
We utilise cloud-based solutions like Xero and QuickBooks Online to give you 24/7 access to your data from anywhere.
Transparent Pricing
No hidden fees. Just clear, fixed monthly packages tailored to your transaction volume.
Frequently Asked Questions About Bookkeeping
How much do bookkeeping services cost in London?
Bookkeeping costs vary by transaction volume and complexity. However, outsourcing to a firm like Protax Consultants is typically 40-60% cheaper than hiring an in-house bookkeeper. Contact us for a bespoke quote based on your specific needs.
What is the difference between a bookkeeper and an accountant?
A bookkeeper records day-to-day transactions (receipts, invoices, payroll), ensuring data accuracy. An accountant analyses that data to provide strategic tax planning, year-end reporting, and business advice. At Protax Consultants, we handle both to provide a seamless financial ecosystem.
Do I need a bookkeeper if I use Xero or QuickBooks?
Yes. While software automates some tasks, it cannot categorize complex expenses, reconcile distinct bank discrepancies, or interpret tax laws. A certified bookkeeper ensures your software is used correctly, preventing “garbage in, garbage out” scenarios.
Ready to Streamline Your Finances?
Stop drowning in paperwork and start focusing on growth. Let Protax Consultants handle the books.