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I have been s/e for 20 odd years , and whislt I'm sure the accountancy firm who I use is a fantastic co, for larger companies than me, and I never get... well if you do this you'd save this ... its basic book keeping and ensuring I pay the correct tax and VAT - I'm thinking of changing , there's a small local co "TAX ASSIST ACCOUNTANTS" , I beleive they've like a franchise, does anyone here have any knowledge of them, or do you use JOE BLOGGS advertising in the newsagents ??
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I just use my mother but I do the book keeping myself. All the rules are on the IR site so its not that hard.
My turnover isn't high enough to warrant an accountant but if I ever end up paying serious amounts of tax then an accountant would be worth it.
I am not VAT registered so it is only NI and income tax I need to pay.
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It used to be the case that the revenue had to 'do' your books if so requested. Whether that is still the case I don't know, but I suspect that it is.
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You are correct that Tax Assist are a franchise, so they may or may not be any good depending on who bought the franchise for your area. If you are thinking of changing, I suggest you ask around your contacts - Financial adviser (if you have one), bank, solicitor, other business people and follow up any referrals to people who are know to give good service to small business and individuals.
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What about the area of work you're involved in ? There must be chatter amongst similar placed people. I would suggest that you'd probably get a better service from a dedicated local accountant...
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accountancy - RattleandSmoke
