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
GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Frequently asked questions
What does a fixed fee accountant include in the price?
A fixed fee accountant typically covers specific services such as preparing annual accounts, completing tax returns, and handling VAT submissions. The exact scope is agreed upfront, so you know exactly what is included. Additional services like payroll or tax planning may be offered at an extra cost, but this is always discussed before any work begins.
How do I know if an accountant is properly qualified?
Look for accreditations from recognised bodies such as ACCA, ICAEW, or AAT. These qualifications demonstrate that the accountant has met rigorous training and ethical standards. You can verify their status on the respective institute's register. Many firms also display their certification on their website or directory profile.
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, providing necessary documentation, and representing you in discussions with HMRC. It is important to confirm this is included in your fixed fee agreement before signing, as some firms may charge separately for complex cases.
What is the difference between a fixed fee and hourly billing?
Fixed fee billing means you pay a set amount for agreed services, regardless of how long the work takes. Hourly billing charges based on time spent, which can lead to unpredictable costs. Fixed fees provide budget certainty and encourage efficiency, making them a popular choice for businesses and individuals who want clear financial planning.
Do I need an accountant if I am a sole trader?
While not legally required, many sole traders benefit from professional accountancy support. An accountant can help you complete your Self Assessment tax return correctly, identify allowable expenses, and ensure you meet HMRC deadlines. A fixed fee arrangement makes this affordable and removes the stress of managing your own finances.
How often should I meet with my fixed fee accountant?
The frequency of meetings depends on your business needs and the service agreement. Many accountants offer quarterly or annual reviews, with ongoing support via phone or email. For businesses with complex tax affairs, more regular contact may be beneficial. Your fixed fee agreement should outline the expected level of communication and support.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.