Steve's World Blog Information and articles on cities, towns and villages around the world.

May 2, 2018

Get a Good Accountant

Get a Good Accountant – If you are a sole trader or run your own small business (or large for that matter), you will no doubt have the stress every year of balancing your figures and completing your self-assessment tax form. It is of course possible to do this yourself but in most instances it is a better bet to use the services of a proper accountant. While you might think you are saving yourself money by not using an accountant, in reality a decent accountant will save you enough tax to cover the costs of him or her doing it, so it is not even cheaper doing it yourself unless you have enough knowledge to know what you can and cannot claim as expenses. In addition the accountants fees are tax deductable. While you will probably struggle to find your way through all the pages and boxes, an accountant will know exactly what goes where and which boxes need to be filled in. Accountants have an astonishing eye for figures and can usually spot a discrepancy with a single glance at your balance sheet. If you run a big business you might even need to call on the help of a chartered accountant, though this is unlikely unless you own a really big limited company. At the cheap end of the scale it is possible to use an online self-assessment tax returns service and some of these will do your annual returns at a fraction of the rate.

Find out more here: http://www.accountantical.uk

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