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How frequently you need to deal with your accountant depends on your business, and what services it needs.

What services do I need from an accountant?

Your accountant might look after your accounts and annual tax return. Or, they might manage your quarterly VAT returns, or even run your monthly payroll.

The services that you need from an accountant largely depend on:

 
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How much help can I expect from an accountant?

The level of support you can expect from your accountant can depend on whose services you decide to use. Some accountants offer unlimited business support, and you can contact them as often as you need. Others charge additional fees for queries, either as a flat fee per query or on the basis of an hourly rate – which can put some people off!

How much help do you need?

It’s worth considering how much support you think you might need from your accountant. It can be useful to have more input from someone who has experience of helping businesses running efficiently, but this might not always be appropriate for everyone.

You should also consider the services an accountant can offer beyond accounts, tax returns, payroll, and so on. For example, your accountant can also:

Can I change my accountant?

Absolutely! You can switch to a new accountant whenever you need to, even in the middle of a financial or tax year. Your new accountant will normally manage the move on your behalf. You will need to confirm they have authority to do so. Just be aware that you may still have to pay your previous accountant if you leave early.

We charge low fees which are spread out across the year on a fixed monthly basis, making it easier to manage your cashflow. Our fees include unlimited on-going support, as well as proactive reviews to keep you in tip-top shape. Talk to the team on 020 3355 4047, or grab an instant quote online.

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Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

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Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
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Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.