Call Us Now for HASLEMERE 01428 644433
Call Us Now for GUILDFORD 01483 610108
Call Us Now for HASLEMERE 01428 644433
Call Us Now for GUILDFORD 01483 610108
Many accountants now specialise in one particular area, and know little about current developments in others
There are many reasons why you may wish to change accountants, but the biggest issues are, who do you choose and when?
To make those decisions, you need to answer three key questions. The first may seem obvious: can they do the job? The answer isn’t that simple. Accountancy is now a very wide subject, with constantly changing rules. Many accountants now specialise in one particular area, and know little about current developments in others. Choosing the wrong accountant can increase your bills or produce incorrect accounts depending on whether or not they’re knowledgeable about your line of business.
Can I communicate with them? Clearly you need to be able to communicate easily with your accountant to get the best from them. This includes how comfortable you feel asking them questions, and whether their replies are understandable and helpful. Also, don’t ignore the issue of accessibility; a common reason for changing accountants is moving house.
Who will do what? When you’ve settled on a new accountant, you have to decide who will do what, and make sure both parties understand and agree. You may want to reassign jobs, for example bringing your bookkeeping in-house.
Changing over is relatively easy, if it only applies to year end accounts or tax returns. Where bookkeeping and payroll are involved it can be more difficult, as these too are best changed at the year end. If you get it wrong, you can end up paying twice. The biggest problem is tax enquiries – any change during an enquiry will mean your new accountant has to get up to speed on the discussions so far.
Accountant, Company News
Could A Limited Company Be The Right Choice For Locum Doctors?
A locum is a person who substitutes someone else’s duty temporarily. The term “Locum Doctor” refers to a situation where the regular physician is on leave.
Accountant, Company News
When Should You Consider Subcontracting?
An outsourcing policy, also known as subcontracting, should allow the company to achieve at least some of the objectives
Accountant, Company News
Choosing the Right Form of the Contractor Company – Limited or Umbrella or PAYE
As a contractor, it is imperative to choose a company you wish to operate. The type of Contractor Company is directly proportional to the operation of IR35.
Haslemere
99 Weyhill, Haslemere,Guildford
Follow us:
