Things To Consider When Looking For A Good Accountant

By Kane bergin
accountant

When Looking For A Good Accountant

When you’re newly self-employed tax can be daunting. You’ll be on a steep learning curve and will be juggling a variety of tasks, each one demanding as much of your attention as the others. Selecting a good accountant will take much of the tax hassle off your shoulders, leaving you to concentrate on making your business a success.

Narrow The Field

A good accountant will be approachable and easy to talk to. They will simplify the process for you. When you have found some firms you think might be suitable, get in touch with each one for a chat. See what advice they offer, and ask their preferred methods of communication.

This will let you know which ones are the best fit for you. Narrow it down to two or three firms by choosing your favourites.

Enquire About Fees

Accountants can calculate their charges in different ways. Some will base it on how profitable your business is, while others will simply charge for their hours at a set rate. Ask how they work out their charges and fees, and for a quote.

Is There Any Added Value Hiring When A Good Accountant?

Some accountants take loyalty and customer retention seriously. They try to add value to their service every time you need them. Accountants like these usually have many long-standing clients.

Are They Professional?

Check what professional qualifications and accreditation they hold. If their website doesn’t feature testimonials, it’s reasonable to ask an accountant to provide references from a few of their clients. Someone from your industry is ideal if possible.

Work With Them, Not Against Them

Your accountant works for you, not the tax authorities. Make their job as easy as possible and they will get the best results for you. Keep all of your receipts, invoices and bank statements. Missing information will potentially cost you money, both in tax and with your accountant.

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