KeyPoint Financial Solutions

Now that the first week of January is complete we thought it would be the perfect time to post.

We left the first week to allow you, our potential clients, to see what the first week of the new year feels like. Getting back to the grind, shaking off the fun of the festive period and ready to meet new challenges. Not the easiest task to say the least!

The picture posted is what “financial freedom” feels like. There will be difficulties, that’s what life is, BUT every difficulty can become just a small task with a background of peace behind it. This is why it is a feeling and not necessarily a conclusion. This is where KeyPoint comes in.

KeyPoint Financial Solutions is a team of accountants, business and tax advisers based in the UK specialising in helping individuals and businesses navigate their industry’s environment. Whether it be monthly accounts, payroll, quarterly VAT or annual accounts, KeyPoint is here to help.

We offer services such as:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

Financial freedom is a feeling and for you to embrace that, you shouldn’t miss the KeyPoint.

We would like to wish everyone a very Merry Christmas! Though accounts, tax and managing your business is always a priority use this time to spend quality moments with that which is most important: you and your family.

From our home to your, we hope you Christmas is a blessed one.

Eeeek!!! It’s the Ghost of Christmas Yet to….

…hold on, that’s Ian! Ian chose KeyPoint to handle is accounting affairs many moons ago with respect to being a self-employed electrician.

Since then, Ian was able to grow from being self-employed to being a director of his own limited company where he employs four other people to work alongside him. KeyPoint helped to navigate him through his transition, focussing on the key points important to his growth and establishing a trusted, local presence for his company.

On a trip to Florida, Ian met up with some realtors who liked his portfolio and wanted to do business. Sitting down with KeyPoint to discuss how this could work, he learned about VAT on Services both provided to and provided from the UK. KeyPoint was able to create the perfect group structure to allow Ian to establish a profitable international business. Not bad for a local lad from Lancaster!

At KeyPoint, we specialise in accounting services catered to your business to add value. We offer services such as:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

So give KeyPoint a call for your business needs. Christmas Ghost certified and Santa approved!

Hey! Is that the Ghost of Christmas Present?

….I think it might be Neville who engaged with KeyPoint to manage the accounting of his cafe in Bow but also his personal tax due to a property he rented out in Milton Keynes.

KeyPoint within the first quarter of the year was able to identify efficiencies in the accounting of the cafe that saved time and money. All the staff had secured access to a protected server where they could access their payslips at any point, all the while Neville getting live access to the monthly payroll reports.

By the second quarter KeyPoint was able to advise on the VAT and what can be done to manage the liability efficiently, planning with Neville what was needed and to consider any VAT Schemes which may be beneficial. This meant that the third quarter entered smoothly especially as KeyPoint was able to consider Neville’s personal tax position and advise him on how to make tax more manageable while ensuring the SA100 Tax Return was submitted in advance.

This is why by the time the fourth quarter made its festive entrance Neville had more than enough kept aside for an extra special Christmas lunch….before going to eat at the family’s!

At KeyPoint we offer services such as:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

Let us work together to make your next year a cracker!

Ahh! The Ghost of Christmas Past…

…or Claire, Susan’s daughter, as she is known for the rest of the year round, is counting her Mummy’s shillings to make sure she has enough money to get all the lovely toys for Christmas. Susan was amused by the whole set up especially as she is with KeyPoint and one of our key points is that manually calculating data is something for history.

We use various technologies to give all our clients a personalised service, cater to their needs especially to keep costs down and profitable advice up. Our systems automate many of the assignments regular accountants use in order for us to save time in preparation but allow us more time to go over your figures so you can make any educated decision on what the next steps of your business should be.

We offer services such as:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

So give KeyPoint a shout to put your abacus into retirement!

T’was the weeks before Christmas,
And all were relaxed.
Except poor old Santa
Thinking about tax.
The Self Assessment deadline was coming too soon.
31st January shouldn’t be gloom.
His accountant, which he had been with for years,
Seemed more interested in fees so he feared.
While surfing the net, an ad caught his eye.
“Accountants called KeyPoint? I’ll give them a try!”
He looked through their services and could not believe.
Bookkeeping, accounts and VAT!?
Business advice and payroll as well!?
At least now he can give payslips to all of the elves.
He called up KeyPoint and within a flash.
All of his worries were a thing of the past.
Now his business is booming and Mrs. Clause glad.
KeyPoint seems to be the talk of the land.
So if your business needs services, get in the know.
Call KeyPoint like Santa, then ho, ho, ho, ho!

Historically, businesses have been used to paying salaries to ad hoc individuals who may come in now and then to do some work for the business owner. The term “Saturday Girl/Boy” derives from this where a person would only work for a few hours on a weekend (or any other day) for a few hours. Did you know though that these individuals may need to be added to your payroll?

If a person is considered an employee, they must be put on the payroll. This includes:

- Full Time Workers
- Part Time Workers
- Temporary Workers
- Apprentices and Interns
- Company Directors
- Casual Workers

However, those that do not need to go on the payroll are:

- Self-Employed Contractors
- Agency Workers
- Volunteers

Payroll isn’t just about running numbers or issuing payslips. It ensures there is a clear definition of those who work as part of your business and those where the business is just one of their customers. Employees’ rights are maintained by having an active payroll while adhering to the legal compliance and laying down financial transparency. When it’s handled correctly, everything feels effortless.

But when it’s not?
Miscommunication, errors, and delays can quickly snowball into financial, reputational, and cultural challenges 🫨

At KeyPoint, we understand how critical this is and we’re here to help you get payroll right and avoid headaches.

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

One of the simplest shifts you can make today that could dramatically reduce your tax bills tomorrow.

We often meet brilliant business owners who use one bank account for both personal and business expenses. Or mixed the two! It feels convenient but it’s quietly costing more than you think.

When you mix funds, you risk:
🚫 Missing out on valuable tax deductions
🚫 Paying higher accounting fees
🚫 Facing HMRC penalties
🚫 Overpaying personal tax on business income

🔍 You can’t manage what you don’t separate.

No matter your structure: sole trader, limited company, partnership - here’s why separating your finances is a game-changer:
✅ Streamlines your accounting and tax filing
✅ Gives you a clear view of profits and losses
✅ Builds trust with banks, customers, and investors
✅ Helps you avoid paying tax you don’t owe

Ready to take control? Start with these four steps:
1️⃣ Open a dedicated business account
2️⃣ Keep clean records. Receipts, invoices, and transfers
3️⃣ Review your numbers monthly with your accountant
4️⃣ Pay yourself a salary / dividends / drawings from that account once set up correctly

📈 A little structure goes a long way. Your future self (and your accountant) will thank you!

At KeyPoint we can help! Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

At 11am today, those across the United Kingdom paused to remember all those who have sacrificed in order for us to enjoy the freedoms we have today.

May we always remember, lest we forget.

Half the time, it’s not your business that’s the problem, it’s the bookkeeping behind it.

Misclassified expenses, missing income, or unreconciled accounts can quietly distort your numbers and your decisions.

After cleaning up a client’s books, the truth became clear: what was really earned, spent, and saved.

Accurate bookkeeping isn’t just about tidy records, it’s about clarity, confidence, and control over your business.

💡 Lesson: You can’t manage what you don’t measure. Know your numbers before they cost you more than they should.

At KeyPoint we can help!

Our team of expert accountants and tax advisors can review and recommend the best course of action.

We specialise in:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

KeyPoint Accountants helping companies and individuals navigate through the responsibilities of tax, accounts, payroll and business solutions through expertly catered accounting and tax services.

Rumour has it that Guy Fawkes was actually caught by HMRC for not declaring VAT on his gunpowder sales.

VAT can be a totally new terrain to traverse through. For some, the VAT liability at the end of the quarter can be quite…..explosive!

KeyPoint can help you and your business understand VAT better, planning your day-to-day properly and looking into potential government schemes so you can manage each quarter without the worry of a bombshell bill.

We offer services such as:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
🖥️ www.wearekeypoint.com
📧 [email protected]

Do you want to know what is more scary than a Ghost, Ghoul or Goblin? An unwanted Tax Liability!

At KeyPoint we can help!

Our team of expert accountants and tax advisors can review and recommend the best course of action in order to ensure you and your business do not have to deal with any spooky circumstances.

We specialise in:

📓 Bookkeeping
📒 Accounting
📆 VAT
👨‍💼 Payroll
✂️ Personal & Corporation Tax
🏢 Statutory & Company Secretarial

Feel free to contact us on any of the below methods to discover all of our services:

☎️ 02034886716
📧 [email protected]

Don’t wait until your business has a monster liability to handle. Contact KeyPoint today to see how we can help you!