Can you take over from my current accountant? 

Absolutely, all accountants are bound by their professional guidelines and code of ethics, which state that they are expected to transfer your accounting records to a new accountant.

Your accountant should provide all the necessary information either to you and directly to us.

It is then a simple matter of uploading your records into our software systems.

What records do I need to keep?

As your accountant, all of your records can be kept and dealt with by us.

However the regulations state:

If you are a Limited Company :

Records include (not exhaustive):

• all sales and purchases

• all assets and liabilities (debts)

• Stocktaking

• all money received and spent, and from / to who.

• all financial records in order to prepare your final accounts and Corporation tax returns

• all invoices, bank statements

• CIS records if applicable

• VAT records, if applicable

• Limited company Records - Gov UK 

If you are a Sole Trader :

Records include (not exhaustive):

• all sales and purchases

• all invoices, bank statements

• all assets and liabilities (debts)

• Stocktaking

• all business expenses

• VAT records, if applicable

• Personal income

• Grants

• Sole Trader Records - Gov UK 

How often will we communicate?

You can speak to us whenever you need to by email, phone or text message. 

In person or online video meetings can be arranged as needed, at first we suggest monthly meetings to ensure smooth progress and troubleshooting.

Can you supply me with your services when I don't live in your area?

Yes, absolutely. There are no regulations that state you must be located in the same part of the UK. 

All of our work will be completed remotely through digital records.

We can meet in person initially at an agreed convenient location, or we can meet via online video conferencing.

For ongoing meetings, online video conferencing would be more convenient.

When are Self-Assessments Due

Historically Self-Assessment are due to be submitted and paid by the 31st of January of the next year.

For example, for the tax year 25-26, the self assessment is due by 31-Jan-27.

However under the new Making Tax Digital initiative, which is to begin from 06-Apr-26, self assessments will be due quarterly for those who meet the specific criteria.

Those who meet the criteria must keep and submit digital records using the relevant software.

Criteria:

• Tax year 24-25, Income of £50,000 or more. MTD required from 06-Apr-26

• Tax year 25-26, Income of £30,000 or more. MTD required from 06-Apr-27

• Tax year 26-27, Income of £20,000 or more. MTD required from 06-Apr-28

MTD - Gov UK