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Godalming, Surrey — working with clients UK-wide

Accounting that keeps pace with your business, not the other way round.

SB Accounting supports sole traders, limited companies and individuals with an end-to-end service — from ongoing management accounting and bookkeeping through to VAT, corporation tax, personal tax and year-end accounts. Scott specialises in finance transformation and Making Tax Digital, and can support your entire finance function — whether that means running it for you or upgrading the one you've already got.

Services

Everything under one ledger

One point of contact for the full range of compliance and advisory work. Click on any service for what it actually involves — and what the law says you have to do about it.

01Bookkeeping+

Day-to-day recording of sales, purchases, bank transactions and expenses, reconciled regularly so your numbers are accurate all year round — not scrambled together in a panic every January.

  • Typically covers bank feeds, invoice matching, supplier and customer ledgers, and expense categorisation.
  • Gives you real-time visibility of who owes you money — and who you owe — instead of finding out three months late.
  • Clean, up-to-date books mean a faster, cheaper year-end and far fewer questions from HMRC.
  • Companies Act 2006: private limited companies must keep accounting records for at least 3 years from the date they were made.
  • Sole traders and partnerships must keep records for at least 5 years after the 31 January submission deadline for the relevant tax year.
  • VAT-registered businesses must retain records for at least 6 years.

Bookkeeping is basically adult colouring-in — except every line has to add up, and HMRC checks your work.

02Management Accounting+

Monthly or quarterly management packs — profit and loss, cash flow, KPIs and budget-vs-actual — so you know how the business is doing before your accountant tells you nine months later.

  • Includes P&L, balance sheet snapshots, cash flow forecasts and simple KPI dashboards built around your business, not a generic template.
  • Flags problems — a cash squeeze, slipping margins — months before your year-end accounts would ever reveal them.
  • Gives you real numbers to back decisions on hiring, pricing or investment, instead of gut feel.
  • No statutory filing requirement — but directors have a duty under s172 Companies Act 2006 to promote the success of the company, which is difficult without knowing the numbers.
  • Often required by lenders, investors or landlords as a condition of finance or a lease.

There's no law against running a business on vibes alone. There is, however, a very predictable ending — and it's not a happy one.

03Making Tax Digital (MTD)+

MTD is HMRC's move to digital record-keeping and quarterly reporting. It's already mandatory for VAT, and is rolling out for Income Tax Self Assessment from April 2026 for sole traders and landlords earning over £50,000, with lower thresholds following in later years.

  • Requires MTD-compatible software (like Xero) with digital records kept from day one, not just retrofitted at return time.
  • Quarterly updates are running totals rather than full tax calculations — the real challenge is the discipline of doing it four times a year instead of once.
  • Getting set up early means no scramble when your threshold year actually arrives.
  • MTD for VAT is mandatory for all VAT-registered businesses — digital records and MTD-compatible software are required.
  • MTD for Income Tax becomes mandatory from April 2026 for qualifying sole traders and landlords, requiring quarterly updates, an End of Period Statement and a Final Declaration.
  • Penalties now run on a points-based system — miss enough deadlines and the fines start stacking up.

HMRC has traded the shoebox of receipts for an app that wants an update every quarter, whether your business had anything exciting to report or not.

04Transformation+

Moving your finance function off spreadsheets, paper files and memory, and onto proper cloud accounting software — with automated bank feeds, digital workflows and real-time reporting. This isn't just tidying up: it's the groundwork MTD actually requires, since HMRC expects digital links between your records and your submissions, not manual re-typing between spreadsheets.

  • Covers migrating historic records, connecting bank feeds, automating recurring invoices, and training you (or your team) on the new system.
  • Cuts down on data entry errors and the classic "which version of the spreadsheet is the real one" problem.
  • Sets you up to add payroll, expenses or stock tools later without starting from scratch.
  • MTD rules require digital records to flow through to HMRC without manual re-entry — retyping numbers from one spreadsheet into another doesn't count as a digital link.
  • Getting this right now avoids a rushed, stressful switch later under a filing deadline.

If your finance system is one spreadsheet, a backup spreadsheet and a prayer, we can help — ideally before HMRC helps you, less gently.

05VAT+

Registration once you're required to, scheme selection (standard, flat rate or cash accounting), quarterly MTD-compliant returns, and invoicing set up correctly so your VAT is actually reclaimable.

  • Covers choosing the right scheme for your margins and cash flow — flat rate isn't always the cheaper option it sounds like.
  • Handles trickier areas like overseas sales, partial exemption, or the reverse charge for construction correctly, first time.
  • Avoids the classic mistake of paying VAT out of your own pocket before a customer has actually paid you.
  • Registration is mandatory once taxable turnover passes £90,000 — late registration brings penalties, backdated to when you should have registered.
  • Returns and payment are due one month and seven days after the end of each VAT quarter.
  • Records must be MTD-compliant and kept digitally.

VAT follows every transaction home like a stray cat. Feed it correctly and on time, and it stays out of your furniture.

06Corporation Tax+

Calculating what your limited company owes, preparing and filing the CT600, and making sure reliefs — such as R&D where it applies — and associated company rules are properly accounted for.

  • Covers capital allowances, loss relief, and salary/dividend planning to legally reduce what's owed.
  • Reviews directors' loan accounts to avoid the s455 tax charge that catches out a lot of small company directors.
  • Flags Quarterly Instalment Payment (QIP) obligations before they become a cash flow surprise.
  • The CT600 must be filed within 12 months of the end of your accounting period.
  • Tax is due 9 months and 1 day after the period ends — earlier than the filing deadline, which catches a lot of people out.
  • Associated companies can lower the profit thresholds before higher rates or quarterly instalment payments kick in.

Corporation tax is HMRC's way of asking for a slice of the pie your company baked. We make sure you only hand over the crumbs you actually owe.

07Personal Tax+

Preparing and filing your Self Assessment return — covering self-employment income, dividends, rental income, savings interest, and anything else HMRC wants a look at.

  • Covers employment income, self-employment, dividends, rental property, capital gains and pension contributions in one return.
  • Reviews for tax-efficient use of allowances — Personal Allowance, Dividend Allowance and Capital Gains Allowance — before they're lost for the year.
  • Handles voluntary disclosures if past income was missed, ideally before HMRC comes asking first.
  • Register for Self Assessment by 5 October following the tax year you need to report.
  • File online by 31 January, with tax due — often alongside a payment on account — the same date.
  • Records must be kept for at least 5 years after the filing deadline.

Self Assessment: the one exam each year where you set the questions, mark your own paper, and HMRC still checks it over your shoulder.

08Year-end Accounts+

Statutory or micro-entity accounts prepared and filed with Companies House, alongside your corporation tax return — now submitted through commercial iXBRL software following the closure of Companies House WebFiling for accounts.

  • Includes preparing the balance sheet, profit and loss account, and notes required for statutory or micro-entity accounts.
  • Confirms your confirmation statement (CS01) is filed alongside, keeping your Companies House record current.
  • Gives you a clean, accurate baseline for tax planning, funding applications, or a future sale.
  • Accounts must be filed with Companies House within 9 months of your company's year end.
  • Directors must now also complete identity verification under the Economic Crime and Corporate Transparency Act (ECCTA).
  • Filings must be made in iXBRL format via approved software, as the old joint HMRC/Companies House filing routes are being phased out.

Think of year-end accounts as your company's annual health check — except instead of a stethoscope, Companies House uses a strict deadline and a filing fee.

How it works

Four steps to get set up

No lengthy onboarding, no jargon — just a clear path from first call to filed accounts.

01

Free video consultation

Based on what you tell us in your enquiry, so we already understand your business before we get on the call.

02

Proposal

A clear, fixed-fee proposal built directly from what we cover in the consultation — no surprises.

03

Onboarding

Whether that's adding you onto software from scratch, or supporting the finance function you already have.

04

Ongoing support

Regular check-ins, deadline reminders, and a direct line when questions come up.

Straight answers from someone who actually does the work.

SB Accounting is run directly by Scott — so when you call, you're speaking to the person who prepares your accounts, not a call centre. That means fewer handoffs and advice that's grounded in your actual numbers.

The practice works fully remotely, using cloud accounting software to keep records current and Making Tax Digital-compliant, while staying reachable by phone, email or video call whenever you need a straight answer.

Get in touch

Book your free consultation

Tell us a bit about your business and what you need. We'll come back with times for a free video consultation.

Submitting sends your details straight to scott@sb-accounting.co.uk.