ACCOTAX - Accountants & Tax Consultants
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DOLAN ACCOUNTANCY LIMITED
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Modus Accountants Limited
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ADD- WORTH ACCOUNTANCY LTD
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The Bean Counters Accountants LLP
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TAA CONSULTANTS LTD
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SJD ACCOUNTANCY LIMITED
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BARNES MAYER LIMITED
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Turner Barratt
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DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
John Lavender accounting ltd
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DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More
Numerii Ltd
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QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
MINT FORMATIONS LTD
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Yourtaxhelp
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Frequently asked questions
What does a fixed fee accountant cover?
A fixed fee accountant typically covers a defined scope of services such as preparing annual accounts, completing tax returns, and providing ongoing bookkeeping. The exact inclusions are agreed in advance, so you know exactly what you are paying for without any hidden charges or surprise bills.
How do I know if an accountant is properly qualified?
Qualified accountants should hold membership with a recognised professional body such as ACCA, ICAEW, or AAT. These organisations enforce strict standards of training, ethics, and continuing professional development. You can verify an accountant’s credentials by checking their membership number on the relevant body’s register.
Can a fixed fee accountant help with HMRC enquiries?
Yes, most fixed fee accountants offer support with HMRC enquiries as part of their service. They can handle correspondence, prepare necessary documentation, and represent you in discussions with HMRC. It is important to confirm the extent of this cover in your agreement before instructing them.
Is a fixed fee arrangement suitable for a small business?
Fixed fee arrangements are particularly well-suited to small businesses because they provide cost certainty. You can budget accurately for accountancy services without worrying about hourly rates escalating. This allows you to focus on running your business whilst knowing your compliance and tax obligations are being managed professionally.
What services are typically included in a fixed fee package for a sole trader?
For a sole trader, a fixed fee package often includes preparation of the Self Assessment tax return, bookkeeping support, and advice on allowable expenses. Some packages also cover VAT returns if you are VAT-registered. Always check the specific inclusions with your accountant to ensure they match your needs.
How often should I review my fixed fee accountancy agreement?
It is sensible to review your fixed fee agreement annually, particularly if your business circumstances change. Growth, new services, or changes in tax legislation may require adjustments to the scope of work. A good accountant will discuss any necessary changes with you before the next fee period begins.
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