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Q.
What does an accountant do, and why do I need one?
A.Put simply, an accountant prepares financial records and ensures that they are correct. Your accountant will help you avoid getting into legal trouble by making sure your records are accurate and up to date. They can also look at your financial information to help you make informed decisions about your business. Via tax savings, they will help you put the maximum amount of money back into your business. For private clients, your accountant will obviously help with personal tax. Furthermore, they can help with pensions, salary or job changes and anything involving large sums of money, like inheritance or mortgages.
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Q.
How easy is it to change accountants?
A.Very! If you’re unsure what your accountant is doing for you, it may be time for a change. It involves just one letter from you and we take care of everything else. Your existing accountant will not usually charge you for providing standard handover information.
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Q.
Is your fixed quote guaranteed for more than one year?
A.We're not in the business of providing low quotes just to get your business for the first year and then raising the fees. We want you to be a long term client who trusts us to do what we say we will do. We quote what we judge to be a fair fee for the value provided and would only anticipate normal inflationary increases if the work stays the same. Very occasionally there may be reasons why the amount of work involved exceeded what was expected but we would sit down and discuss these with you. In some cases, where it is clear exactly what work is involved we can guarantee the fee for more than one year.
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Q.
My business is doing fine already. What can you do for me?
A.We believe it's always worth checking under the bonnet, whatever stage your business is at. If you’re a startup, we can look at your business structure and ambitions. If you’re an established business, we can make sure you’re on track to reach your goals and if you’re looking to wind down we can help you plan sensibly. In business, we know things can change quickly. We’re on hand with advice to help you adapt to changes in your industry, the economy or wider business environment. Additionally, we can help you deal calmly with any unforeseen difficulties that may affect you personally.
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Q.
Will you come and see us for an initial consultation?
A.Yes, we can. It often helps to see your business, books and records at first hand and to see how you operate. We are always happy to invest our time without charge to show you what we can do. Of course, if you’d prefer to visit us, that's fine too.
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Q.
I’m hearing a lot about cloud accounting software. What is it?
A.Cloud accounting software allows your accounts information to be held securely via the internet. You can choose the people who can access it, such as your accountant or bookkeeper. With the onset of Making Tax Digital, it is now important for businesses to stay abreast of technological developments. If you’re looking at cloud accounting or are unsure about what you need to do, we can look at your choices and advise and support you.
And finally...
Why should I choose Bennett Verby as my accountant?
We’ll work hard to save you money. More importantly, we’ll offer you sound advice in all aspects of your affairs. Our experts will provide you with the best service to make sure your business runs smoothly. We’ll keep you in line with your legal obligations, saving you time, helping you pay less tax and helping you to achieve your business ambitions.
Take a look at Our Promises to see why we set ourselves apart.
More Questions?
If you would like a free consultation, need further advice on our services or have a question that doesn’t feature in our FAQs, please contact us.
