Accountants make a vital contribution to the essential reporting that all of us in business are required, by law, to submit to HM Customs & Revenue and Companies House.
SMALL BUSINESS - LARGE EXPENSE?
The vast majority of people with smallish businesses cannot justify the expense of a full-time employee to take care of such matters and so they either attempt to do it themselves or engage the services of a
Chartered Accountant or a Certified Book-keeper.
However – beware! Does he/she hold a current Practising Licence and have Professional Indemnity Cover? Do they know their ETBs from their P38As? Do they know their P35s from their 64-8s. Are you getting a professional service? When did you last see your Accountant?
An astonishing array of forms and reports are required and few seem to know what to submit, to whom and when.
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