Running a limited company requires a large amount of administration. Fortunately you can save a great deal of time and expense by hiring a good accountant that suits your business requirements. Not only will a specialist with specific experience with limited companies provide you with a peace of mind that your tax affairs are in order, but they can also give advice on various legislation. Brian G. Lonis & Co is one of the best accountants Soho businesses can call on.
Some of the usual services they can provide include processing of PAYE payments to HMRC, payroll admin, tax planning advice and preparing for company year-end accounts. But what makes a good limited company accountant? These accountants should always understand why you are in business, offer advice, and charge you appropriately. Acting as your HMRC agent, your accountant should also aid in any awkward queries and be at hand when a tax inspector visits.
In order to get an idea of who to work with, you need to think about what sort of service your business needs. Other things like do you wish to meet with accountants regularly and how to contact them need to be thought of as well. It’s also wise to search for an accountant that either has fixed fees, or a starting price for their services; that way you will be more prepared for bills.
You need to check whether or not they are modern and keep themselves up to date with things like the latest tax tips too. Many limited company accountants now use social media to send out useful information and stay connected. Obviously this is an effective method of keeping clients informed of news and updates.
Whether you need a brand new accountant for your limited company, or are simply replacing your current high street one, you will need to think about the best time to engage a provider. It is advised you wait until the end of a financial year to switch to avoid unnecessary payment mishaps.
If you require help from reliable and experienced accountants Soho businesses trust, then get in touch with Brian G Lonis & Co today.