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
Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More
Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...
Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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Raven Solution
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AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
MRC Accounting Services
Providing accounting services and solutions
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More
Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More
Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
Frequently asked questions
What does a fixed fee accountant cover?
A fixed fee accountant agrees a set price for a defined scope of services, such as preparing annual accounts, filing tax returns, or handling VAT submissions. This arrangement avoids unexpected hourly charges and ensures you know exactly what you are paying for. Typical services include bookkeeping, payroll, and HMRC correspondence.
How do I verify an accountant's qualifications?
You can check an accountant's credentials by looking for membership with recognised bodies like ACCA, ICAEW, or AAT. These organisations maintain public registers of qualified professionals. Firms listed on AccountingFirms are verified for regulatory compliance, so you can trust their expertise and professional standing.
Why choose a fixed fee over hourly billing?
Fixed fee pricing provides cost certainty and simplifies budgeting. Unlike hourly billing, which can lead to unpredictable expenses, a fixed fee covers agreed services for a set period. This arrangement encourages efficiency and transparency, allowing you to focus on your business without worrying about escalating accountancy costs.
What should I prepare for my first meeting with an accountant?
Bring your last set of accounts, tax returns, VAT records, and any correspondence from HMRC. Also prepare a list of income sources, expenses, and assets. If you are a business, include details of your company structure, payroll records, and any outstanding tax liabilities. This helps the accountant assess your needs accurately.
Can a fixed fee accountant help with HMRC investigations?
Yes, many fixed fee accountants offer support during HMRC enquiries as part of their service package. They can review your records, prepare responses, and represent you in communications with HMRC. It is important to confirm this coverage when agreeing your fixed fee scope to ensure you are protected.
How often should I review my fixed fee arrangement?
It is advisable to review your fixed fee agreement annually, particularly if your business grows or your financial situation changes. Changes in turnover, staff numbers, or tax legislation may require adjustments to the services covered. Regular reviews ensure your accountant continues to meet your needs efficiently.
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