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BOOK-KEEPING

Keeping your books in order isn’t just about staying organized — it’s about setting your business up for success. At Business Inward, we’ve helped businesses across industries keep track of their finances, understand their numbers, and make smarter decisions.

What We’ve Done

From small shops to growing startups, our team has provided bookkeeping support that takes the stress out of managing finances. Some of our past work includes:

  • Helping a retail business clean up two years’ worth of backlogged records

  • Setting up a simple monthly reporting system for a food delivery service

  • Providing ongoing bookkeeping for a construction firm, tracking expenses, invoices, and payroll

Our clients trust us to keep their books accurate, up-to-date, and always ready for audits or big financial decisions.

Exhibit 1 represents a spreadsheet of invoices logged for payment, as part of payment processing of invoices received from suppliers.
Exhibit 2 is a sample of journal preparation before the entries are posted into accounting software.
Exhibit 3 shows a record of monthly expensing of payments made in advance for goods and services.

TAX COMPUTATION

In the UK, personal allowance on income in 2024/2025 is £12,570, with an income limit for personal allowance of £100,000 and any excess of that goes down by £1 for every £2.

Married couple’s allowance in 2024/2025 was £11,080 and 2025/2026 is £11,270, respectively.

In 2025, the dividend allowance is £500.

If John earns £4,000 in dividends and earns £27,860 in wages in 2024/2025 tax year. This gives a total income of £31,860. John is entitled to personal allowance of £12,570, which is taken off his total income to result in a taxable income of £19,290.

  • Thus, 20% tax on £15,290 wages gives £3,058 tax payable.  
  • No tax on £500 dividends, because of dividend allowance.
  • 75% tax on £3,500 results in £308 tax payable.

VAT RETURN

VAT Return is a form that businesses registered for Value Added Tax (VAT) in many countries, which must be completed and submitted to the tax authority at regular intervals, usually every quarter. The VAT-return form entails details of the business’ sales and purchases during a specific period and indicates the amount of VAT charged and paid.

VAT INPUT and VAT OUTPUT

Input VAT is the VAT paid by a business on its purchases of goods and services, while Output VAT is the VAT charged by a business on the sales of goods and services.

At Business Inward, we render services of VAT-return preparation and filing to our customers.

How We Can Help You

Whether you need help catching up, cleaning up, or keeping up, we’re here for you. Our bookkeeping services include:

  • Day-to-day transaction recording

  • Bank and account reconciliation

  • Monthly financial reports

  • Payroll tracking

  • Tax-ready records

We work with you to build a system that fits your business and frees up your time.

Let’s Talk Numbers That Work for You

Book a one-on-one session with our financial experts and take the next confident step in your business or personal financial journey. No jargon. No confusion. Just clear, reliable bookkeeping that helps your business grow.

📞 Ready to get your books in order? Contact us today — we’ll handle the numbers so you can focus on what you do best.

Book Your Free Consultation Now 

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We understand that every financial situation is unique. Please fill in your details below and choose a time that works best for you. Our advisors will reach out promptly to confirm your session













Why Choose Businessinword?

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✅ Personalized Expertise: From tax planning to investment strategies, our advisors tailor solutions to your goals.

✅ Trusted By Professionals: Entrepreneurs, freelancers, and CEOs rely on us to drive their financial success.

✅ Flexible Scheduling: Choose a time that fits your busy life—we’re here when you need us.

✅ Transparent Advice: No jargon, no hidden agendas—just clear financial guidance.