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Accountancy - Questions & Answers

An Accountant can take a lot of work, save you time and money. They can help with Payroll, tax management, VAT, bookkeeping and they generally make sure that your business submits everything correctly to HMRC.
Switching Accountants is a very easy process, you will need to notify your current Accountant that you will be moving to a new one and the new one will manage the process of switching over and getting the information they need.

Most Accountants will offer the following services as standard, you can normally choose to take one or multiple services, depending on what your business requires.

Self-Assessment, VAT Returns, Bookkeeping, Tax Management, Payroll, preparing and submitting company accounts.

There are lots of different software available for keeping your accounts such as Sage, Quickbooks and Xero. It depends on your business requirements and what services you require from your Accountant. If you want more day to day visibility or are more hands on with your accounts, you could get software and share it with your Accountant. Talk to your Accountant about the best way to manage this.

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