About Gazelle Bookkeeping
Our founder, Adetutu (Tutu) Emmanuel, is an experienced and qualified bookkeeper who is dedicated to providing practical support for her small business clients. Combining the latest accounting software with her years of industry experience, Tutu can remove the stress from accurate record keeping and VAT compliance.
As the local bookkeeper you can trust, Tutu will ensure your figures are accurate, up to date, and HMRC compliant. With our day-to-day bookkeeping support, you can concentrate on taking your business to the next level.
Based in Welwyn Garden City, Hertfordshire, we are your local bookkeeper and can take care of everything – from monthly accounts to VAT returns and self-assessments. Talk to us today!
Professional and reliable bookkeeping services
How We Can Help
How We Can Help
The majority of our clients are classed as individuals, self-employed, or partnerships. We arrange the right mix of services to suit their needs. We can review your situation quarterly to make sure your requirements align with our duties.
What is the Difference Between an Accountant and Bookkeeper?
Put simply, a local bookkeeper keeps your financial affairs tidy every day, while an accountant helps you understand the bigger picture and meet your legal obligations.
The main role of a bookkeeper is to handle everyday financial records such as sales and expenses, invoices and receipts, reconciling bank statements and ensuring your financial software (e.g. Xero or QuickBooks) is up to date. With everything being recorded correctly and on time, you know the health of your business.
An accountant uses the information prepared by your bookkeeper to file your year-end accounts to HMRC, including your tax returns (i.e. corporation tax, self-assessment and VAT). Accountants can also offer professional advice on tax, financial planning and business strategy. They can also deal directly with HMRC and Companies House.
To put it another way, see your local bookkeeper as the mechanic who keeps the engine running smoothly. Your accountant acts like the MOT tester to check everything’s in order legally, while advising on work that will improve performance.
Worried About VAT Inspections?
VAT-registered businesses can be chosen for a VAT inspection based on factors including turnover, trade category and compliance history. Most SMEs only get a visit once every 10 years, while others might never receive a visit.
Businesses can reduce the risk of a VAT inspection by ensuring their VAT returns and payments are submitted on time. We also recommend informing HMRC of any unusual or large repayments (e.g. investing in new equipment or bad debt relief).
Inspectors will arrive and confirm your personal and company details before asking about your business. Some activities are deemed higher risk than others, so the inspector may look more closely at certain areas.
Inspectors will also want to see your last annual accounts, so you need to ensure your sales match the VAT returns. By using the services of a trusted local bookkeeper, you will have peace of mind that a professional has managed your finances.