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FREQUENTLY ASKED QUESTIONS

ARE YOU ABLE TO PROVIDE ALL ACCOUNTANCY SERVICES FOR MY BUSINESS? 

Yes we are, for more information on the services are are able to provide, please see our services page.

DO YOU OFFER PAYMENT PLANS? 

We do not offer formal payment plans, however, we do recommend setting up a  monthly standing order based on your fixed fee quote.

This method is used to spread your costs over 12 months and with the standing order set up in advance of the work being undertaken. 

HOW EASY IS IT TO CHANGE ACCOUNTANTS?

In theory the process should be very simple, however we work with your existing accountant to make the process as seamless as possible. 

Should you decide to switch to use us as your accountant, we would contact your current accountant as a professional courtesy and request any information that is required in order for us to take over dealing with your affairs. 

All you would generally be required to do , is to contact the outgoing accountant to confirm your intention to move and authorise them to provide us with your information, along with making sure that you have settled any outstanding fees. 

We can then deal with the rest for you. 

HOW LONG SHOULD I KEEP MY TAX RECORDS FOR?

There is a legal requirement to retain your records for at least six years following the end of each tax year. 

ARE YOU UP TO DATE WITH THE LATEST REGULATIONS?

As a member of the Association of Chartered Certified Accountants, we are required to undertake continuing professional development (CPD) on an ongoing basis, which ensures that our knowledge is kept current and up to date.

HOW LIKELY AM I TO BE INVESTIGATED BY HMRC? 

Unfortunately no one knows how likely anyone is to be investigated. 

However should you be on the receiving end of an investigation, you can make sure this goes as smoothly and quickly as possible by keeping complete and well organised records for at least six years following the end of each tax year. 

We also offer tax investigation insurance, which covers our fees for dealing with HMRC on your behalf should you be investigated. 

Contact us to find out more about this insurance. 

DO YOU CHARGE BY THE HOUR?

For majority of our work the answer to this is no.

You will be provided with a fixed fee quote for approval before any work is commenced. 

However, where we are undertaking work relating to an HMRC investigation then this is charged based on the time spent.

I AM CONSIDERING APPOINTING YOU AS MY ACCOUNTANT BUT I HAVE SOME QUESTIONS BEFORE DECIDING

We offer a free  initial consultation, where we can discuss your requirements and answer any additional questions that you may have.

 

Please  contact us to book your free consultation. 

Speak to us today about our free initial consultations

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