Are you finding it challenging to complete your self-assessment tax return? It's a common struggle many business owners face, and the stakes are high when you consider the significance of providing detailed and accurate information. After all, your tax return reveals your earnings to the HMRC and influences the amount of tax you owe. Fortunately, there's a solution available: hiring a self-assessment accountant. By hiring their services, you can avoid uncertainty and ensure that all your details are accurately accounted for, providing you with peace of mind.
Hiring a professional accountant can increase your confidence in your self-assessments. You just have to ensure you’re choosing a professional who has your best interests. So, be sure to look for these qualities when selecting one:
Experienced and qualified
Years in practice can be a good indicator of their trustworthiness and efficiency in what they do, so consider chartered accountants with at least five or ten years of experience in helping business owners with self-assessments. Additionally, know how else they can add value to your business. Leading accounting companies can also provide financial advice, help with business planning, and provide other financial services.
Customer-focused
Choose a self-assessment accountant who can simplify things for you and make you feel comfortable working with them. This way, you’re not merely working with a business partner but a trustworthy friend who cares about your long-term success.
Professional Affiliations
Affiliations ensure you are hiring credible and dependable self-assessment accountants. So, ensure they are affiliated with relevant organisations, such as the Institute of Chartered Accountants in England and Wales. In addition, verify that they are VAT- and Companies House-registered, with professional indemnity insurance and compliant with the Information Commissioner’s Office and the Data Protection Act.
Guarantees
Choose a self-assessment accountant who stands by the quality of their advice and provides fair, transparent, and simple pricing. Make sure they are responsive and can communicate regularly with you.
Meet the best self-assessment accountants in London.
Call 0208 914 8887 for a free consultation! Our team at Allenby Accountants will recommend a self-assessment accountant for your business and ensure you’re getting the best services.
Source URL: https://www.allenbyaccountants.co.uk/what-to-look-for-when-choosing-a-self-assessment-accountant/
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