Is Your Accountant Doing Enough For Your Business?
In this day and age the legislation covering the financial aspects of running your business can be quite bewildering.
And if you have been with your current accountants for more than a few years they may not have applied to your business all the changes that could have been to your advantage.
So it makes sense to get an ‘second’ opinion – particularly if ‘second’ opinion is going to be at no charge to you. It’s a Win Win situation.
So what should your current accountant be doing for you?
An accountant should focus on helping you to grow your business, maximise your profits and reduce your tax bill.
Not only should they cover the standard accountancy services (i.e. accounts preparation, tax returns, bookkeeping/VAT, payroll/CIS and business setup) but we also specialise in the following areas to really help your business prosper:
- Periodic management accounts to suit your needs and give you the best possible advice to manage your business
- Tax planning services to reduce your future tax bills
- Investigating potential tax reclaims for area which you may have overpaid
Generally they should offer a fixed fee basis which covers all of your standard accountancy services (so no more surprise bills when you least expect it!) as well as offering a discount if you wish to pay by monthly standing order.
If you think that you could benefit from an exploratory meeting, that initial meeting should be free and without obligation. In certain cases it may be necessary to have an additional meeting at your premises in order to go through your current procedures, this should also be free.
If you think it may be worth checking to see what savings or refunds your business could be in line for contact Phil Tarbun at Tarbun & Company tel:07540 874 120 email: phil.tarbun@tarbunandcompany.co.uk and tell him you read this article on thebestof Lancaster
