How to Find an Accountant to Do Your Tax Return
How to find an accountant to do your tax return
Wondering how to find an accountant to do your tax return? We offer advice on what to look for when approaching an accountant for your business taxes.
If you’re a small business owner or startup, filling in your tax return can be a daunting prospect. There’s much at stake and any errors can potentially be costly.
Most people would recommend getting an accountant to do it for you, but if you’ve never been in this situation before, how do you go find the right one for your needs?
More particularly, how do you judge whether or not they’re trustworthy?
1. Use professional bodies
A simple search will throw up hundreds of results for accountants offering their services at a wide range of prices. One of the risks with this method is that in the UK anyone can call themselves an accountant. The best way to be sure who you’re dealing with is to look for evidence of professional accreditation.
Look for membership of the Institute of Chartered Accountants (ICAEW) or the Association of Chartered Certified Accountants (ACCA)
Simply referring to these bodies isn’t enough; you need to ensure that several people in the firm are members, then it’s likely those of their colleagues who aren’t members are probably reliable or working towards their qualifications. If a firm shows no evidence that any of their team are members, then they’re probably best avoided.
Business Tip: A good accountant will add value to your business, but a bad one can cost you dearly, so be sure they know what they’re doing. The lowest price isn’t always the best option.
2. Compare accountancy websites
The internet is your friend. The websites of professional accountant organisations often provide tools to help you find their members.
Business Tip: Be aware that whilst they’ll provide contact details, they won’t necessarily detail prices, which can vary dramatically.
3. Call around
Make a list of seemingly reputable practitioners, then call around in order to get quotes for the services you want. You need to think about exactly what you want them to do, and also how soon you can make an appointment. Then you can compare prices and make your choice.
It’s not just about finding an accountant though
Finding the right accountant is important too. The world of accountancy spans a huge range of functions, and many accountants specialise in particular fields.
Business Tip: Look for an accountant with a track record of handling work for your industry
4. Word of mouth
If you mix with others running similar-sized businesses, there’s no harm in asking around. Who does everyone else use? Maybe there’s an accountant in your local Chamber of Commerce or another business organisation that deals with your sort of business, so why not join and see who you meet?
Local small business accountancy
Word of mouth is one of the best ways of finding local accountants in your area. Listen for glowing reviews to find convenient accountancy services on your doorstep, keeping your business and your accountancy in the area.
Business Tip: Most accountants are business people just like you, and they’re as keen to make your acquaintance, as you are theirs. Then you just need to check their credentials and reviews online.
How to find an accountant to do your tax return?
Use professional bodies. Look for evidence of professional accreditation.
Compare accountancy websites. The internet is your friend.
Call around. Keep a list of seemingly reputable practitioners.
Word of mouth. Who does everyone else use?