
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 exactly does a fixed fee accountant cover?
A fixed fee accountant typically covers a defined scope of services such as annual accounts, tax return preparation, and basic bookkeeping for a set monthly or annual price. Any additional work, like HMRC investigations or complex VAT advice, may be charged separately. Always confirm the exact inclusions before engaging a professional.
How do I verify an accountant is qualified?
You can check an accountant’s credentials by looking for membership with recognised bodies such as ACCA, ICAEW, or AAT. These organisations maintain public registers where you can confirm an individual’s practising certificate and disciplinary history. Using a directory like AccountingFirms ensures all listed professionals are verified and regulated.
Can a fixed fee accountant help with HMRC enquiries?
Yes, many fixed fee accountants offer support for HMRC enquiries, though this may be an additional service. They can represent you during a tax investigation, prepare necessary documentation, and communicate with HMRC on your behalf. It is advisable to clarify whether this is included in your fixed fee or charged separately.
What is the difference between a fixed fee and hourly billing?
A fixed fee provides a set price for agreed services, giving you cost certainty and predictable budgeting. Hourly billing charges for the actual time spent, which can lead to variable costs. Fixed fee arrangements are popular with small businesses and individuals who prefer transparency and want to avoid unexpected bills.
Do I need a local accountant in Melbourn Cambs?
A local accountant in Melbourn Cambs can offer convenient face-to-face meetings and a better understanding of the local business environment. However, many accountants now provide remote services. The choice depends on your preference for in-person contact versus digital communication. Both options can deliver high-quality support.
How often should I meet with my fixed fee accountant?
The frequency of meetings depends on your business complexity and the agreed service package. Many fixed fee arrangements include quarterly or annual reviews to discuss tax planning, cash flow, and compliance. Regular communication helps ensure your financial affairs remain on track and allows your accountant to provide proactive advice.
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