
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 are the advantages of choosing a fixed fee accountant?
Fixed fee accountants provide cost certainty, allowing you to budget without worrying about hourly charges. This arrangement covers agreed services such as tax return preparation, bookkeeping, and advice, meaning you pay a set amount regardless of time spent. It eliminates unexpected bills and encourages proactive communication between you and your accountant.
How do I verify an accountant's qualifications in Oxfordshire?
You can check an accountant's credentials by looking for membership with recognised bodies such as ACCA, ICAEW, or AAT. The directory lists only verified and regulated professionals, so you can be confident in their expertise. Additionally, you can confirm their status directly with the relevant professional institute.
Can a fixed fee accountant help with HMRC tax investigations?
Yes, many fixed fee accountants offer support during HMRC enquiries as part of their service. They can represent you, prepare necessary documentation, and advise on the best course of action. It is important to confirm the scope of cover in your agreement, as some firms may charge extra for complex investigations.
What services are typically included in a fixed fee package?
Services commonly include preparation of annual accounts, Self Assessment tax returns, Corporation Tax filings, VAT returns, and payroll processing. Some packages also cover ongoing bookkeeping, tax planning advice, and assistance with HMRC correspondence. Always review the specific inclusions before engaging a firm.
How often should I meet with my accountant in Oxfordshire?
The frequency of meetings depends on your business complexity and personal preference. Many fixed fee arrangements include quarterly or annual reviews, with additional contact as needed. Regular communication helps ensure your financial records are accurate and that you remain compliant with HMRC deadlines.
Is a fixed fee accountant suitable for a small business or sole trader?
Absolutely. Fixed fee accountants are particularly popular among small businesses and sole traders because they provide predictable costs and tailored support. This model allows you to access professional advice without the risk of escalating fees, making it easier to manage cash flow and focus on growth.
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