
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 services do accountants in Okehampton Dev typically offer?
Accountants in Okehampton Dev commonly provide services including Self Assessment tax return preparation, VAT registration and returns, Corporation Tax computations, payroll management, bookkeeping, and financial planning. Many also offer business start-up advice and HMRC correspondence handling, tailored to both individuals and limited companies.
How do I know if an accountant is properly qualified?
Look for accreditations from recognised bodies such as ACCA, ICAEW, or AAT. These qualifications indicate the accountant has completed rigorous training and adheres to professional standards. You can verify their status on the relevant institute's register to ensure they are authorised to practise and hold a valid practising licence.
What should I consider when choosing an accountant for my small business?
Consider their experience with businesses of your size and sector, their fee structure, and whether they offer services like VAT and payroll. It is also important to check their availability for regular meetings and their familiarity with HMRC online systems. Reading client reviews can provide insight into their reliability and communication style.
Can an accountant help me with an HMRC investigation?
Yes, a qualified accountant can represent you during an HMRC investigation, handling correspondence and preparing necessary documentation. They will analyse your records to identify any discrepancies and negotiate on your behalf. This support reduces stress and helps ensure a fair outcome, as accountants understand HMRC procedures and your legal rights.
Do I need an accountant if I am a sole trader?
While not legally required, using an accountant is highly beneficial for sole traders. They can ensure your Self Assessment tax return is accurate and submitted on time, identify allowable expenses to reduce your tax bill, and advise on National Insurance contributions. This saves you time and helps avoid costly mistakes with HMRC.
How much do accountants in Okehampton Dev typically charge?
Fees vary based on the complexity of your affairs and the services required. Many accountants offer fixed fees for specific tasks such as a Self Assessment return, typically ranging from £150 to £400. Monthly packages for ongoing bookkeeping and payroll may cost between £50 and £200 per month. Always request a detailed quote before engaging services.
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