
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 in Northants?
A fixed fee accountant in Northants typically covers services such as tax return preparation, bookkeeping, payroll, VAT returns, and year-end accounts. The specific services depend on the package you choose. Always confirm the scope of work with the firm before agreeing to ensure it matches your requirements.
How do I know if an accountant is qualified?
Qualified accountants hold accreditation from recognised bodies such as ACCA, ICAEW, or AAT. You can verify their status on the respective institute's register. Firms listed on AccountingFirms display their credentials, making it easy to confirm their professional standing and regulatory compliance.
Can a fixed fee accountant help with HMRC enquiries?
Yes, most fixed fee accountants offer support with HMRC enquiries as part of their service. This includes responding to letters, preparing necessary documentation, and representing you during inspections. It is important to check whether this is included in your fixed fee package or offered as an additional service.
What is the difference between Self Assessment and Corporation Tax?
Self Assessment is the system used by individuals, sole traders, and partnerships to report income and pay tax to HMRC. Corporation Tax is paid by limited companies on their profits. Both require accurate filing and timely payment, and a fixed fee accountant can handle both on your behalf.
How often should I meet my fixed fee accountant?
The frequency of meetings depends on your business needs. Many accountants offer quarterly reviews alongside annual compliance work. A fixed fee arrangement often includes periodic check-ins to discuss tax planning, cash flow, and business performance, ensuring you stay on track throughout the year.
Are fixed fee accountants suitable for small businesses?
Yes, fixed fee accountants are ideal for small businesses as they provide cost certainty and allow you to budget effectively. They can handle VAT, payroll, and tax returns, freeing you to focus on operations. Many firms in Northants offer tailored packages for startups and growing companies.
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