
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 typically include in their pricing?
A fixed fee accountant usually offers a package that covers core services such as preparing and filing your annual accounts, Corporation Tax returns, and Self Assessment tax returns. The exact inclusions vary by firm, but the fee remains constant for the agreed scope of work, with any additional services quoted separately.
How can I verify that an accountant in Northamptonshire is properly qualified?
You can check an accountant's credentials by looking for membership with recognised professional bodies such as ACCA, ICAEW, or AAT. These organisations maintain public registers where you can confirm an individual's practising licence and disciplinary record, ensuring they meet rigorous standards of competence and ethics.
Are fixed fee accountants suitable for small businesses and sole traders?
Yes, fixed fee accountants are particularly well-suited to small businesses and sole traders because they provide cost certainty. Many firms in Northamptonshire offer tailored packages for different business sizes, covering essential compliance work like VAT returns and bookkeeping without the risk of unexpected hourly charges.
What should I do if HMRC launches an enquiry into my tax return?
If HMRC opens an enquiry, your accountant can act as your authorised representative, handling all correspondence and preparing the necessary evidence. A qualified professional with experience in HMRC enquiries will guide you through the process, respond to information requests, and work to resolve the matter efficiently.
Can a fixed fee accountant help me with VAT registration and returns?
Absolutely. Many fixed fee accountants include VAT registration, preparation of VAT returns, and advice on schemes like the Flat Rate Scheme within their service packages. They ensure your VAT records are accurate and submitted on time, helping you avoid penalties and manage your cash flow effectively.
How often should I meet with my accountant for financial reviews?
The frequency of meetings depends on your business needs, but many accountants recommend quarterly reviews to discuss cash flow, tax planning, and business performance. Some fixed fee packages include regular check-ins, whilst others offer them as an optional add-on, allowing you to choose the level of support you require.
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