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Frequently asked questions
General
- 01It depends on your profits, risk level, and future plans. A sole trader is usually best if you want: Simple setup and lower admin One tax return depending on level of turnover (Self Assessment) To take all profits personally A limited company is often better if you want: Personal asset protection (limited liability) More tax-efficient profit extraction A more professional business image To leave money in the business for growth Our advice: Once profits start increasing, a limited company often becomes more tax-efficient. However, the right choice depends on your numbers. We’re happy to advise before you decide.
- 02You’re not legally required to have one, but most clients use an accountant to: Avoid costly mistakes Save time and stress Ensure they’re paying the correct amount of tax Stay compliant with HMRC Good accounting usually pays for itself.
- 03Our fees are clear and fixed wherever possible. Pricing depends on: Your business type The level of work required We always agree fees in advance — no surprises.
- 04Yes — legally and responsibly. We focus on: Claiming all allowable expenses and reliefs Choosing the most tax-efficient business structure Making sure income is taxed in the right way We do not use aggressive or high-risk tax schemes.
- 05You usually must register if your uk taxable turnover exceeds £90,000 in any 12-month period. However, voluntary registration can sometimes be beneficial. We can review your situation and advise.
- 06Forward the letter or email to us straight away. We’ll explain what it means and respond on your behalf where authorised.
- 07Yes. We handle the entire handover process and contact your previous accountant for the information we need.
- 08Yes. All of our clients work with us fully online using secure systems, email, and video calls.
- 09Yes. You’ll have a main point of contact who understands your business and tax position.
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