Accountant Lewes East Sussex

Accountant Lewes East Sussex: If you manage a company, run a small business or are a sole trader, you will probably be thinking about getting an accountant to look over your finances, give you business advice and work on your annual tax returns form. Getting your accounting and finances right is fundamental to the success of your business so it really needs to be carried out by a skilled and trustworthy professional. Identifying a really good Lewes accountant is not as straightforward as you might initially think and if he or she turns out to be incompetent it might be a year or more before you realise that fact. Thoroughly checking and vetting the credentials of potential accountant is therefore imperative.

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Do I Really Need an Accountant?: The decision to use a qualified accountant for analysing and checking its finances is a sensible move for a business of any size in Lewes. It is also becoming the preferred option for individuals and sole traders. While it is like a second language to most accountants, the baffling financial jargon used is confusing for many people in Lewes. This complex world of personal allowances, cash flow, payrolling, deductions, margins, banking, business taxation, gross profit, personal taxation, net profit and VAT can be a bit much for you and I and is best dealt with by specialists.

Accountant Lewes East Sussex

Business owners in Lewes should not need to worry about their tax returns when they have a professional accountant on hand who can deal with them. And additionally he or she should be able to help you make the best use of your available resources. As taxation law seems to change on a month-by-month basis, having a trustworthy Lewes accountant to advise you on the current situation is very important.

If you have quite a bit of time to spare you might consider doing your own financial accounts, and you should be aware of the time that is required. Can you really afford all that additional effort and time to prepare your annual tax returns when you could quite easily pass it on to an expert. Your Lewes accountant should be aware of all the current tax laws applying to your business. He/she will prepare an accurate tax return form that will bear scrutiny by the Inland Revenue.

In the long term, you can even save yourself some money by using the professional services of an accountant in Lewes. With all the latest deductibles and taxation information at his fingertips, your accountant should be able to lower your tax burden in a way that is perfectly acceptable and legal. It's generally an accepted fact that most accountants will save you the equivalent of their fees by way of legitimate tax deductions.

So all that is really required of you is to find a local Lewes accountant that you can trust and have confidence in. Don't choose the first accountant you come across, take some time to do a bit of research, ask around and check reviews from existing clients. Accountants should always have the correct qualifications and will generally be members of the appropriate professional bodies, for example the Institute of Chartered Accountants of Scotland (ICAS), the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), a Fellow of the Chartered Association of Certified Accountants (FCCA), the Institute of Chartered Accountants in England and Wales (ICAEW) or the Association of Taxation Technicians (ATT). These professional bodies and associations will gladly give you the low down on accountants found to be displaying their insignia. The result is complete transparency within the world of accounting, making it more difficult for 'bogus' accountants to slip through the net.

In the case of individuals, sole traders and smaller businesses, using a bookkeeper rather than an accountant in Lewes is an alternative that they might consider for managing their yearly accounts and submitting their tax returns. If a bookkeeper comes highly recommended by someone you know with similar requirements to you, this might be something you could consider. Again check that any Lewes bookkeeper you use works in an ethical manner and is trustworthy to deal with your financial affairs.

Business Start-Ups: In order to succeed in setting up a new business in Lewes, you will need to devote a lot of time and effort to the project and also have various skills and attributes. Unfortunately your skills might not stretch to dealing with the financial and legal aspects of running a business. You do not need to stress over this though, because your accountant will be able to help you with all aspects of starting up a business.

Accountants in Lewes, East Sussex

The majority of Lewes accountants will be happy to assist you with personal tax in Lewes, VAT returns in Lewes, consultancy and systems advice in Lewes, tax investigations in Lewes, accounting and bookkeeping in Lewes, accounting for partnerships in Lewes, corporate finance in Lewes, chartered accountants in Lewes, business planning and support in Lewes, accounting for contractors in Lewes, accounting support services in Lewes, accounting and auditing in Lewes, business disposal and acquisition advice in Lewes, accounting and financial advice in Lewes, accounting for annual tax returns in Lewes, financial advice for small business in Lewes, business start-ups in Lewes, accounting for VAT in Lewes, bureau payroll services, affordable accounting in Lewes, taxation accounting services in Lewes, cheap accounting in Lewes, accounting for payroll in Lewes, accounting for year end, general accounting services in Lewes East Sussex, local accounting services in Lewes, accounting for a limited company in Lewes, accounting for sole traders in Lewes, management accounts in Lewes, accounting for small business in Lewes, retirement planning in Lewes, accounting for charities in Lewes, financial accounting in Lewes, corporate tax in Lewes, double entry accounting in Lewes, accounting for tax returns in Lewes, accounting for individuals in Lewes, audit and compliance issues in Lewes and other accounting services in Lewes, East Sussex.

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