Financial Compliance Health Check

What the health check covers

The review focuses on the areas most likely to create penalties, delays, or stressful last minute corrections. Depending on how you operate, it can include:

• Bookkeeping quality checks (coding, completeness, consistency)
• Evidence and record keeping (invoices, receipts, audit trail)
• VAT set-up and return readiness (where applicable)
• Payroll and RTI basics (where applicable)
• CIS considerations for trades and contractors (where applicable)
• Companies House and year end readiness for limited companies
• Personal tax and dividend basics for owner managers
• Process improvements to reduce errors and admin time

Who this is for

This service suits sole traders and limited company directors who want reassurance that everything is in order, without committing to a full change of accountant or ongoing support straight away. It is also useful if you use cloud software but are not fully sure your day to day processes are producing reliable figures.

When a compliance health check is most useful

• You are behind on bookkeeping and want to catch up safely.
• You have had a warning, query, or penalty and want to prevent a repeat.
• You have grown, registered for VAT, started payroll, or taken on subcontractors.
• You are switching software or changing how you handle expenses and invoicing.
• You want confidence before year end accounts or a tax return is prepared.

How the service is delivered

You share access to your accounting records and the key documents you currently keep. The review checks for gaps, errors, and risk points, then prioritises fixes by urgency and impact. You will be talked through the findings in plain English so you know exactly what to do next and why.

What happens after the review

You receive a clear summary of findings and a practical action plan, prioritised into quick wins and higher risk items. If you want support implementing changes, you can choose follow on help, or keep the plan and complete the updates internally. The aim is fewer surprises, cleaner numbers, and smoother submissions going forward.