FAQ

1. Do I need an accountant?

A. No, but a reputable firm can guide you through the various laws and regulations that may apply to your business. This would help to avoid your paying unnecessary tax and penalties.

2. Is it expensive to have an accountant?

A. Initial advice is free. Thereafter fees depend on the size of the business and can be negotiated at the first meeting.

3. Do you have relevant experience in my business area?

A. Our portfolio includes doctors, surgeons, opticians, pharmacists, dentists, IT Consultants, Recruitment consultants, engineers, retail outlets, manufacturers, wholesalers, milkmen, taxi drivers, hairdressers, beauticians, mortgage brokers, restaurants, fast food outlets, hotels, nightclubs, motor mechanics, property companies, buy-to-lets – with over 30 years of experience in dealing with clients affairs, we have probably dealt with most, if not all kinds of trades and professions.

4.Why use our services?

A. We provide an excellent service to our clients in a knowledgeable and competent manner. We also contribute our fair share of skills, abilities, time, and knowledge to our profession and community. We provide a timely and added value service to help you make more and keep more of what you earn.

5. What are the benefits to e-filing our tax return?

A. It is the most suitable method to file as the return is broadcasted by computer and does not require a paper copy to be mailed. E-filing also considerably reduces the possibility for errors since all returns are authenticated prior to acceptance.

6. Is it cost effective to outsource my bookkeeping?

We believe that our systems-based approach can reduce costs: in some cases significantly. We also provide online access to all your computerised records.

7. Do I really need a limited company?

The majority of businesses are not companies. The reasons for having a company are varied, for example, it could involve ownership of property, obtaining investment funds, taxation or contractual relationships. Many businesses function satisfactorily as sole traders or partnerships.
The key point to recognise is that a company is a separate entity.

• This means that it is a legal person in its own right.
• It is separate from those who own or run it, and has ‘limited liability’.

For a free initial consultation, please contact us.