Home About Us Services Resources Sage Insurance Useful Links How Do We Charge? Contact CHANGING ACCOUNTANTS Many people will have doubts about leaving their Accountant, especially if they have been with them for some length of  time.  However, we do believe that we would be the ideal choice should you have serious doubts about your existing firm.   We feel confident that you will benefit from our tax services and business advice, honed to a very high standard. The most common reasons for not considering changing Accountants are set out below:- 1) I have still not yet received my previous year’s Accounts from my Accountant Under these circumstances, if you have not received your Accounts from your Accountant within time then you  could be at risk of missing certain HM Revenue & Customs and Companies House deadlines.  The filing of late  Accounts, whether it is to HMRC or Companies House is often accompanied by late filing penalties.  With our  service you would receive a quick and efficient accountancy service, with the turnaround of your Accounts within 2 months of receiving all the information that we require from you.    You will find by using ourselves that we shall make the relevant submissions of Accounts on time to avoid  penalties referred to above, and in some cases tax investigations. With this method you will not find yourself constantly fighting against deadlines since your final Accounts will be  submitted well on time, giving you the ability to make important decisions, and plan for the year ahead.  2) We were told that we cannot move Accountants before our Business Accounts year end You will find that this is misleading, and since your business will always calculate tax on it’s year end profit, then  by changing Accountants early on in your accounting year, we can calculate any tax savings which could benefit  you before your year end arises.  Furthermore, we will conduct a thorough check of your Accounts and advise you  how your tax bill can be minimised.  3) I have heard that HMRC may instigate a tax investigation if I change Accountants When HMRC decides to investigate a tax payer, this is usually based on information often unknown to the client’s  Accountants.  This could be because the client has failed to declare a second home for capital gains tax purposes  for example.  However, selecting a business or individual just because they have changed Accountants is unlikely  to lead to a tax investigation. 4) I have been with my Accountant for so long I believe they are the only ones that can advise on our business tax  affairs There is no point in changing Accountants just for the sake of it, but businesses do benefit from new ideas, and/or up to date practices.  It is possible that your current Accountant may not have knowledge of new practices,   procedure and systems, which can be applied to improve your business and may be taking you for granted.  Were you to use ourselves then we would conduct an up to date assessment of your business and give advice on  how to improve it’s cost effectiveness and tax efficiency.   At the same time we will assist you and source and  implement any products, services and systems that we consider to be of benefit to you. 5) Why should I need an Accountant when I have a Book-keeper and file my own Tax Returns?  Book-keepers are just that and in many cases have no tax knowledge or business acumen.  From our experience  we  find that the majority of Accounts maintained by Book-keepers contain errors and omissions due to their lack  of  knowledge.  This is of particular relevance, since Book-keepers invariably know little about tax, whereas our  tax  service is up to date and invariably will save you money.  Since we are professional, i.e. Chartered Accountants and Tax & Business Advisors we will check through your Accounts and make any adjustments necessary to reduce your tax bill, at the same time ensuring that your Tax Return is submitted correctly in order to avoid penalties.  You will find that having a firm of Chartered Accountants will prove a worthwhile investment, and invariably will pay for itself through receiving up to date advice, and invariably tax savings, being the outcome of that advice.