How to choose an accountant

Choosing an accountant can be a daunting task which is why we have set out below some guidance to help you make the right decision for your business whether its a simple tax return or a prospering limited company/LLP

Should I pick the cheapest?
Unfortunately a number of accountants choose to compete on price rather than service, you want an accountant that will help your business grow not just compliance, see what services are being offered and always get fees agreed in advance. We are not the cheapest as we offer a 5* service to our clients however our fees are competitive.

Will the most expensive accountant provide the best service?
This is not the case in our experience, the larger firms tend to charge more than the smaller firms but the work is actually delegated to a junior member of staff, therefore you may find yourself paying a premium for a service which is not the best. Smaller firms (such as ourselves) offer a much more personal contact with a dedicated accountant which you can contact immediately who knows your business intimiately, all for a competitive fee, which can be paid monthly (in our case anway)

Do I need a local accountant?
Its helpful for meetings but not essential, the specialist service they provide is far more important, we look after clients in the surrounding area i.e Brighton, Hove, Portslade, Eastbourne, Shoreham etc however technology has enabled us to also look after clients all over the UK by liasing via telephone/email & skype etc

What else should I consider?

• Ideally find a specialist accountant i.e small business/contractors etc
• find out if meetings & phone calls are included in the fee
  
• check for recommendations or testimonials from existing clients
  
• You should make sure the firm is a member of a professional body,i.e AAT,ACA,etc this means they are qualified, regulated, insured and must keep their skills up to date.
  
• make sure he/she is flexible, you may be working office hours and need an accountant who can perhaps offer a evening or saturday appointment at your home
• Always get the work and fees agreed upfront ideally in writing or by email
• At the meeting you should not feel confused or rushed, you need an accountant who is proactive with tax planning and tax tips but also uses plain english
  

Once you have found your accountant treat him/her with courtesy i.e don't ignore them or send them your figures at the last minute and also make sure their fees are paid on time, this will ensure a mutually beneficial working relationship

If you would like us to provide a no obligation quotation or free consultation please don't hesitate to get in touch using the contact us link.

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