Accounting & tax
Bookkeeping, invoicing, bank feeds, MTD VAT, annual accounts under FRS 102 / 105 and Corporation Tax. Self-managed or with expert support.
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Alchemy Tax LLPACCOUNTING · TAX · COMPANIES · COMPLIANCE
Accounting, tax returns, company formation and digital business tools, provided by Alchemy Tax LLP. Manage your business online with professional support when you need it.
HMRC MTD · FRS 102 / 105 · AIA 422359 · SO308315
One practice for your company, finances, people and compliance.
Bookkeeping, invoicing, bank feeds, MTD VAT, annual accounts under FRS 102 / 105 and Corporation Tax. Self-managed or with expert support.
› Discuss this serviceEstablish your UK company with registration support, registered office services and identity verification.
› Discuss this serviceUK payroll, PAYE and RTI, employee attendance, leave, expenses and a mobile employee portal.
› Discuss this serviceUK VAT for domestic and international businesses, cross-border transactions and Making Tax Digital submissions.
› Discuss this serviceSanctions and PEP screening, identity verification, client due diligence and compliance records.
› Discuss this serviceDocument capture, FreeAgent receipt tools, QuickFile migration and accounting integrations.
› Discuss this serviceWorkplace training, employee records, compliance evidence and company administration tools.
› Discuss this serviceWebsite hosting and transfer, domains, email and bespoke software development for your business.
› Discuss this serviceDigital employee and company cards with verified information and a public profile.
› Discuss this serviceHow our automation works — transparently
Rules written by accountants
Every automated step follows accounting rules defined by qualified professionals — not learned from random internet data. The software executes your rules, consistently.
Your data stays yours
Documents you upload are processed and stored only on our servers. They are never shared with AI providers for training. Your financial data is never used to improve any external model.
We suggest — you confirm
Alchemy Tax LLP pre-fills categorisations, account codes and journal entries. You review and approve before anything is posted. No silent automation — every action is visible and reversible.
A complete accounting platform built around UK rules, HMRC requirements and real business needs.
Professional invoices, estimates, recurring billing. Auto-posting to your double-entry ledger.
Connect directly to HMRC. Submit VAT returns digitally, view obligations, liabilities and payment history.
Bank account tracking, transaction categorisation, and cross-currency matching using official central bank rates — including historical rates. The feature every other UK accounting platform is missing.
Guided by UK accounting rules — not generic guesses. Invoices are read, transactions categorised and draft accounts prepared following rules set by qualified accountants. Your data never trains any model.
Profit & Loss, Balance Sheet, Trial Balance. Statutory accounts in correct UK GAAP format.
EU→UK imports, reverse charge, place of supply rules, Guernsey VAT, post-Brexit cross-border services.
Full PAYE, NI, auto-enrolment, student loans. Direct RTI submissions to HMRC. Payslips generated automatically.
Clock in/out from any phone, or the Alchemy Tax LLP Portal app on the App Store. Live dashboard, break tracking, leave requests with one-click approval.
Business expenses and HMRC-approved mileage claims in one place. Attach receipts, get manager approval, post directly to the ledger.
Upload any investment or brokerage statement. Alchemy Tax LLP reads it and tells you exactly which journal entries to make under FRS 105 or FRS 102 — based on accounting rules, not AI guesswork.
File FRS 102 Section 1A abridged accounts directly with Companies House — iXBRL generated and submitted automatically. Included in every plan. No accountant required for the filing itself.
Do you invest company funds? Upload your annual statement and Alchemy Tax LLP tells you exactly what to record and how — under FRS 105 or FRS 102.
Upload your investment statement
Works with any platform: Portu, Trading 212, Revolut, Hargreaves Lansdown, AJ Bell, interactive investor, WOOD & Company, and more. PDF or image — any language.
Alchemy Tax LLP reads out everything that matters
Management fees, total portfolio value, net return for the period, cost basis (what you actually deposited), and the exact date range — all without you typing a single number.
Get a precise accounting action plan
Alchemy Tax LLP knows your FRS standard and investment policy. It tells you which accounts to use, the exact amounts, and whether you need a revaluation journal — nothing more, nothing less.
Foreign currency? Handled automatically
CZK, EUR, USD, or any other currency — exchange rates are pulled from the official central bank source for the correct date. No manual lookup, no guessing.
Rocni_Vypis_2024.pdf
WOOD Retail Investments · 2.1 MB
Read from the statement
Platform
Portu / WOOD
Period
2024-01-01 – 2024-12-31
Management fees
CZK 1,476.59
Portfolio value
CZK 2,461,829.33
Net return
CZK 76,806.33
Cost basis (net deposited)
CZK 2,386,800.00
Accounting action plan · FRS 105
Record fees as expense — Dr 7930 Investment Mgmt Fees · Cr Bank · CZK 1,476.59
Record investment at cost — Dr 1400 Current Asset Investments · Cr Bank Account · CZK 2,386,800.00
No revaluation needed — FRS 105 requires cost model only
Already using QuickFile? Alchemy Tax LLP imports your entire history automatically — contacts, invoices, bank accounts, transactions and account balances. No manual data entry, no spreadsheets.
Get your QuickFile API credentials
In QuickFile: Account Settings → API Access. Copy your Account Number, create an API Key, and register a new app to get an Application ID. Takes about 2 minutes.
Export your Trial Balance CSV
In QuickFile: Reports → Trial Balance Report → Export CSV. This file gives Alchemy Tax LLP your account balances so that your Balance Sheet and P&L are correct from day one.
Paste credentials, upload CSV, click Import
Alchemy Tax LLP fetches everything via the QuickFile API — typically under a minute. Your Balance Sheet will match QuickFile on day one.
Alchemy Tax LLP generates iXBRL accounts for Companies House and prepares your CT600 Corporation Tax return for HMRC — both directly from your ledger, no re-keying, no third-party service.
Balance sheet and notes are pre-filled from your ledger. Alchemy Tax LLP generates a valid iXBRL document to the FRC 2024 taxonomy and submits it directly — no PDF export, no manual upload.
Alchemy Tax LLP calculates your Corporation Tax liability from your P&L, generates the CT600 return, and submits it to HMRC together with the iXBRL accounts — all in one step, from one place.
Annual Accounts
HARTWELL SUPPLIES LIMITED
Filed & Accepted
Submission A06A7A · Companies House
Corporation Tax Return
HARTWELL SUPPLIES LIMITED
Accepted by HMRC
Correlation ID 4F8B2C · HMRC Gateway
Whether you're an EU company selling into the UK, a UK exporter, or a Guernsey-based business — UK VAT rules are complex. Alchemy Tax LLP handles it all automatically.
Since Brexit, EU goods entering the UK are subject to UK import VAT at the point of entry. Alchemy Tax LLP tracks import VAT, applies postponed VAT accounting (PVA) rules, and reconciles against your C79 certificate so you never miss an input tax claim.
EU suppliers providing B2B services to UK VAT-registered businesses trigger the domestic reverse charge. Alchemy Tax LLP automatically applies the correct treatment — the UK business self-accounts for VAT and reclaims it in the same return.
Goods imported from any country are subject to UK import VAT at 20%. Alchemy Tax LLP supports postponed VAT accounting, duty deferment and standard import VAT flows. HMRC place of supply rules for goods are applied automatically.
UK businesses supplying B2B services to EU VAT-registered customers: under the general place of supply rule the service is where the customer belongs. UK VAT is not charged — the EU customer self-accounts via reverse charge. Alchemy Tax LLP flags and codes these correctly.
Post-Brexit, UK suppliers are treated as third-country suppliers by EU member states. B2C digital services to EU consumers may require EU VAT registration or use of the EU OSS scheme. Alchemy Tax LLP tracks your EU sales thresholds and alerts you when registration may be needed.
Guernsey is outside the UK VAT territory and has no VAT system of its own. UK businesses supplying goods to Guernsey may zero-rate as an export. Services follow specific place of supply rules. Alchemy Tax LLP handles both directions correctly.
Alchemy Tax LLP applies HMRC's place of supply rules for both goods and services automatically. Land-related services, transport, events, digital services, professional services — each category has different rules, and Alchemy Tax LLP knows them all. Your VAT return is always calculated correctly.
Send an invoice, your client gets a link. They click, they pay — in seconds. No bank details to copy, no IBAN to mistype. The money arrives and Alchemy Tax LLP marks the invoice as paid automatically.
Known and trusted in 200+ countries
PayPal has 430 million active accounts worldwide. Your clients in the UK, Europe, the US — they already have it, already trust it, and know exactly what to do. No explaining needed.
PayPal automatically speaks your client's language
The payment page adapts to the client's browser language — Czech, German, French, Spanish, Japanese. No extra configuration. They never have to think about currency conversion or confusing English forms.
Buyer Protection = clients pay without hesitation
PayPal's buyer protection is one of the main reasons clients prefer it over bank transfer. They feel safe — which means they pay faster, and you chase less.
Zero manual reconciliation
With the full API integration, Alchemy Tax LLP captures the payment and marks the invoice as paid automatically. No logging in to PayPal to check. No manual "Record Payment" click.
Invoice sent to John Smith
INV-0042 · £2,400.00 · payment link included
Invoice from
Invoice INV-0042
Amount due
£2,400.00
Due 30 Apr 2026
Pay securely
Secured by PayPal · Your card details stay private
Payment received
INV-0042 marked as paid
430M+
Active PayPal accounts worldwide
200+
Countries and regions supported
25+
Languages — PayPal auto-translates
£0
Extra cost from Alchemy Tax LLP — only PayPal's standard fee
With GoCardless Instant Bank Pay, your clients authorise a payment straight from their online banking. No card details, no PayPal account needed. Funds arrive fast and Alchemy Tax LLP marks the invoice as paid automatically.
No card fees — lower cost than PayPal or card
Bank-to-bank payments via UK Faster Payments cost significantly less than card processing fees. Better for you, and your clients don't need to share card details with anyone.
UK Faster Payments — typically same day
Payments move via the UK Faster Payments network. Most arrive within minutes. No waiting 3–5 days for international card settlements.
Everything ready in Alchemy Tax LLP — just add your account
Alchemy Tax LLP is fully integrated with GoCardless. Register a free GoCardless account, paste your access token into Settings — and Pay by Bank is live on all your invoices. Takes under 5 minutes.
Register GoCardless via our referral link
Use our partner link to sign up — you may qualify for preferential rates and our integration is pre-configured so there is nothing to build. Just register, copy your access token into Alchemy Tax LLP Settings, and you're done.
Create free GoCardless accountPay by Bank
Invoice INV-0087 · £3,600.00
Amount due
£3,600.00
Pay via your bank
Barclays · HSBC · Lloyds · NatWest + more
Powered by GoCardless Open Banking · UK Faster Payments
Invoice marked as paid
INV-0087 · £3,600.00 · automatic
Most accounting software charges you separately for payroll, and attendance tracking costs extra on top of that. With Alchemy Tax LLP, both are included — even in our lowest plan.
Not a stripped-down payroll bolt-on. A complete UK payroll engine covering every jurisdiction, every edge case — exactly as HMRC requires.
England, Scotland (S-prefix) & Wales (C-prefix) tax bands
All UK tax jurisdictions, auto-detected from tax code
PAYE: cumulative & Week1/Month1 basis
Handles tax code changes mid-year automatically
NI categories A, B, C, H, J, M, Z
2025/26 rates: 15% employer · 8% employee
Auto-enrolment pension (qualifying earnings)
Calculates employer & employee contributions
Student loans Plan 1, 2, 4 & Postgraduate
Deducted automatically once threshold crossed
Director NI — annual or period method
Correct calculation for director payroll
RTI Full Payment Submission to HMRC
Submits directly via HMRC Transaction Engine
Payslips generated & emailed automatically
PDF-ready, branded with your company details
Mid-year migration wizard
Import opening YTD balances from BrightPay, Sage or Xero
Auto journal posted to ledger
DR Wages · CR PAYE Liability · CR NI · CR Pension
Annual cost for a small business with 10 employees
| Software | Payroll cost / yr | Per employee fee |
|---|---|---|
| Alchemy Tax LLP | Included | £0 |
| Xero + Xero Payroll | ~£588 | £1.00 |
| QuickBooks + Payroll | ~£780 | £1.50 |
| Sage Business Cloud | ~£480 | £2.00 |
| BrightPay (standalone) | ~£169 | +£1.50/emp |
| Moneysoft Payroll Mgr | ~£89 | extra for software |
✦ With Alchemy Tax LLP you save £89–£780/yr on payroll software alone — before any per-employee fees.
Annual cost, 10 employees, basic clock in/out + leave management
| System | Cost / year | Notes |
|---|---|---|
| Alchemy Tax LLP | Included | Up to 20 employees |
| Planday | ~£480 | £4/emp/mo |
| Deputy | ~£480 | £4/emp/mo |
| Rotaready | ~£600 | from £50/mo |
| Breathe HR | ~£396 | from £33/mo |
| Timetastic | ~£120 | per user/yr |
| ClockOn | ~£360 | £3/emp/mo |
| TimeDock + hardware | £300–600 | +hardware cost |
✦ Save £120–£600/yr on attendance software. No hardware needed — works in any browser, or as the free Alchemy Tax LLP Portal app.
Your employees get their own secure login, mobile-optimised at countee.ai/ep —
or the real Alchemy Tax LLP Portal app, free on the App Store. They never see your accounting.
Live clock-in / clock-out
Big timer on the main screen — one tap to start, one to stop
Break tracking (paid & unpaid)
Lunch or other breaks tracked separately; employer sets paid lunch policy
Annual leave requests
Employee picks dates → you approve/decline with one click
Sick leave reporting
Photo upload of fit note, automatic SSP eligibility indicator
Monthly timesheet
Calendar view of all sessions with hours and earnings per day
Live attendance dashboard (for you)
See who is in right now, who is on break, today's hours and earnings
Leave approval panel
All pending requests in one place — approve or decline with comment
Invitation by email
Send portal access from the employee record in 1 click
Fully separate from accounting
Employees see only their own data — never your books
Total annual saving vs. separate software
£209–£1,380
Payroll + Attendance combined
Zero hardware costs
No time clocks, no terminals, no NFC badges
Everything connected
Attendance → payroll → ledger. One system.
Annual prices exclude VAT. Final scope and fees are confirmed by Alchemy.
Accounting & tax
GBP 179.00 / Year
› Discuss this serviceAccounting & tax
GBP 1490.00 / Year
› Discuss this serviceAccounting & tax
GBP 499.00 / Year
› Discuss this serviceAML & identity verification
GBP 10.00 / Month
› Discuss this serviceVerified employee cards
Price on request
› Discuss this serviceCompany formation
GBP 49.00 / One off
› Discuss this serviceCompany formation
GBP 199.00 / One off
› Discuss this serviceCompany formation
GBP 99.00 / One off
› Discuss this serviceCompany formation
GBP 149.00 / One off
› Discuss this serviceWebsites, hosting & domains
Price on request
› Discuss this servicePayroll & attendance
Price on request
› Discuss this serviceSoftware & receipt processing
Price on request
› Discuss this serviceTraining & company compliance
Price on request
› Discuss this serviceInternational VAT
GBP 1200.00 / Year
› Discuss this serviceAlchemy Tax LLP is built by a team with deep roots in UK accounting practice. Every rule, every edge case — from the Guernsey VAT treatment of digital services to the correct handling of postponed import VAT on C79 certificates — is baked into the platform.
Our automation doesn't guess. It works from UK GAAP, HMRC guidance and real accounting workflows, written down as rules by people who prepare accounts for a living. When it categorises a transaction, it knows whether that's a capital expense or revenue, whether the VAT is reclaimable, and which box it goes in on your VAT return.
Join UK businesses and international companies already using Alchemy Tax LLP. Try the interactive demo — no sign-up needed.