BOOKKEEPING & ACCOUNTING SERVICES
Blog
The importance of financial planning in your business
Running a business is exciting — but let’s be honest, it’s not always easy. It’s not just about selling great products or delivering amazing services; it’s also about making sure the numbers add up. That’s where financial planning comes in. Think of it as the backbone...
Construction Industry Scheme: What is it and how does it work
The Construction Industry Scheme (CIS) applies to contractors and subcontractors in the construction industry. It was introduced by HMRC to tackle tax evasion in the construction industry. Its purpose is simple: it ensures that contractors deduct tax from payments to...
Perfect Balance joins CMP’s beach clean at Hayling Island
At Perfect Balance, community and sustainability are values we hold close to our hearts and this July, we were proud to roll up our sleeves and take part in the annual Beach Clean at Hayling Island, organised by the fantastic team at CMP (Community Matters...
Say hello to JAX: Your Xero virtual assistant
At Perfect Balance, we are always looking for tools that help our clients run smoother, smarter businesses and this one is a game changer. Say hello to JAX, the new virtual assistant now available in Xero. Whether you are a sole trader, growing your business, or busy...
Is it better to work with a bookkeeper or do it yourself?
Should you be doing your own bookkeeping? Let’s be honest… There are pros and cons to handling your own books. Sure, doing it yourself might save you some money, but here’s the truth: Is it really worth it? If bookkeeping starts eating into the time you should...
Companies House Identity Verification: Are you ready?
From 8 April 2025, identity verification is a legal requirement for directors and those involved with companies in the UK. The goal? To deter fraudulent activity and ensure transparency. At Perfect Balance, we’re here to guide you through this change quickly, securely...
Payment Services
How do you accept payment from your customers? Being able to accept a variety of methods of payments can be the difference of a sale or a walk-out for your business. In today’s fast-paced retail environment, it is essential to meet and exceed your customers'...
MTD for ITSA: What is it and what do you need to know
The government has confirmed in the Spring Budget 2025 that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is going ahead. No more speculation, it’s happening! Here’s the big news: From July 2029 at the latest, sole traders and landlords earning over...
When should I do my Tax Return?
When should I do my Tax Return? Firstly let’s see if you need to submit a Tax Return. If you are self employed as a sole trader or if you are a partner in a business partnership and have earned more than £1000 before any expenses have been taken into consideration,...
Please feel free to contact us to discuss how we can help you.
We are based in Fleet, Hampshire and cover approximately a 5 mile radius in which are able to visit your premises. We also work remotely and help the majority of our clients via this method. Call us on 01252 594141 or use the contact form below.