Changing Accountants

It’s natural to have doubts about leaving your accountants, especially if they’ve been providing your accountancy services for some time. However, we are confident that we are the best choice for you, with everything from our tax services to our business coaching done to the highest standard.

Are these your reasons for not considering changing accountants?

“I’m still waiting for my accountant to complete last year’s accounts”

If you’ve been waiting for a long time you could be at risk of missing certain HM Revenue & Customs and Companies House deadlines. We provide a quick and efficient accountancy service, guaranteeing to turn around your accounts within 8 weeks of receiving all information from you. We will also make the relevant submissions correctly and on time to avoid penalties and tax investigations. This means you’ll receive your final accounts quickly, allowing you plenty of time to make important decisions and plan for the year ahead.

“We can’t change accountants until our business accounts year end”

Your business pays tax on profits at its year end. Therefore you need to change accountants in advance so that we can assess if any tax savings can be implemented before your year end comes around. We will conduct a thorough check of your accounts and advise where and how your tax bill can be reduced.

“I’m worried that HM Revenue & Customs will start a tax investigation if I change accountants”

HM Revenue & Customs do have various methods of deciding who to investigate, but selecting a business or individual because they changed accountants is not one of them.

“I have been with my accountant for many years and they are the only ones that understand our business tax affairs”

All businesses benefit from a fresh pair of eyes from time to time. Especially when new practices, procedures and systems – that your current accountant may not have knowledge of – can be applied to improve your business. We will conduct a thorough assessment of your business and make recommendations to improve cost-effectiveness and tax efficiency. We will also help you source and implement any products, services or systems that we recommend.

“I don’t need an accountant, I have a book keeper and do my own tax return”

Anyone can become a book keeper as there is no need for special knowledge or qualifications. We find that 9 out of 10 client accounts, maintained by book keepers, carry errors and omissions owing to their lack of knowledge. This is especially true in the area of taxation, and our tax services are second to none. We will thoroughly check your accounts, make any necessary adjustments to reduce your tax bill, and ensure the return is submitted correctly to avoid penalties. Having an accountant is a worthwhile investment and pays for itself in the advice given and tax savings that can be achieved.