
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More
Frequently asked questions
What does a fixed fee accountant cover?
A fixed fee accountant provides a defined set of services for a single agreed price. This typically includes preparing annual accounts, filing tax returns, and advising on tax planning. The scope is agreed upfront, so you avoid surprise bills for additional work.
How do I know if an accountant is properly qualified?
Look for accreditations from recognised bodies such as ACCA, ICAEW, or AAT. These qualifications require rigorous training and ongoing professional development. Accountants listed on the directory are verified to hold current practising certificates and comply with ethical standards.
Can a fixed fee accountant help with HMRC enquiries?
Yes, most fixed fee accountants include handling HMRC correspondence and enquiries as part of their service. They can represent you during tax investigations, prepare necessary documentation, and negotiate on your behalf to resolve issues efficiently and minimise penalties.
What types of businesses benefit from fixed fee accounting?
Small to medium-sized enterprises, sole traders, and contractors benefit most from fixed fee accounting. It offers predictable costs, which is ideal for budgeting. Limited companies, partnerships, and startups also find value, especially when they need consistent support without hourly billing uncertainty.
How often should I meet with my fixed fee accountant?
Meetings typically occur quarterly or annually, depending on your business needs. Many accountants offer regular check-ins to review financial performance, discuss tax planning, and address any changes in legislation. This ensures you remain compliant and informed throughout the year.
What happens if my business grows and needs change?
Most fixed fee accountants offer scalable packages that can be adjusted as your business expands. You can discuss revised service levels and pricing during your regular reviews. This flexibility ensures your accountancy support evolves with your business without switching providers.
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