Single Directors

Single Director working from a Limited Company set up. Calling all professional contractors and freelancers.

What services are included?

  • Xero accounting software
    Yes
  • Dext software
    Yes
  • Bookkeeping in Xero
    Quarterly
  • Payroll
    Monthly
  • VAT
    Quarterly*
  • Annual financial statements
    Yes
  • Annual corporation tax
    Yes
  • Dividend administration
    Yes
  • Annual Confirmation statements
    Yes
  • Tax optimisation review
    Yes
  • Business plan/forecast
    Add on
£110 +VAT per month
Get Started
*if registered

FAQs

Find answers to our most frequently asked questions below.

Do the monthly fees cover everything?
We charge additional fees to register a Company (£90+VAT) and to use our Registered Office address (£160+VAT/year)
What if I’m looking for services which are not mentioned here?
Best to get in touch with the PennyBooks team and we will let you know whether we can help you
How will I pay PennyBooks?
We set up monthly Direct Debits with our clients using GoCardless
Is there a notice period with PennyBooks?
No, you can leave us whenever you want to – we hope you won’t though
What if I need catch up Accounts done?
Single Directors - If you need us to pick up additional sets of year end accounts then we can do this for £700+vat per set
Small Business - If you need us to pick up additional sets of year end accounts then we can do this for £1,200+vat per set (Starter and Standard, for Premium please contact PennyBooks)
What if I need catch up Bookkeeping done?
Single Director - If you need us to catch up we can do this: 6-12 months one off fee of £300+vat, 3-6 months one off fee of £175+vat
Small Business - If you need us to pick up additional sets of year end accounts then we can do this for £1,200+vat per set (Starter and Standard, for Premium please contact PennyBooks)
What if I want to wind up my company?
We can help you do this, if you need to do a final set of accounts we would stop your monthly fee and charge you £900+vat to manage the whole process
What if I have foreign currency transactions?
We can handle this but we’ll need to upgrade you to Xero premium which is an extra £10+vat per month