POSTS TAGGED : accountant

5 Ways An Accountant Can Help You

The economy of Cambridgeshire is one of the fastest growing. It contributes roughly £9bn to the UK. Moreover, Cambridgeshire has become an area of accelerated growth as employment in the county observes a 2% year-on-year growth.

Small business accountant

The famous Cambridge University and high living standards make this county a popular choice to live. So, if you are a business owner or an individual residing in Cambridgeshire, you can expect your business to flourish.

Managing finances is one of the most important aspects of running a business. However, it can often be complicated to handle all the finances. There are various technicalities and government regulations to manage.…

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5 Things Your Accountant Should be Doing

Is your accountant giving you more than just tax advice? If not, it may be time to find a new one.

Happy accountant

Your accountant should be helping you with these five important things:

1. Helping You Prepare for Tax Season – Well in Advance

Most business owners hire an accountant purely for tax purposes, although they can offer assistance in other ways as well.

Ideally, your accountant should be helping you prepare for taxes well in advance, so there are no last-minute surprises. He or she should be helping you understand:

  • Which credits to claim
  • Which deductions to claim
  • Tax laws that can maximize your write-offs

Tax opportunities, like the R&D credit, can help reduce your tax burden, and your accountant should know if you qualify for such opportunities.…

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I have Just Started My Own Business. Why Do I Need An Accountant?

So, you’ve decided to start your own business. Do you really need an accountant? After all, there are numerous apps such as Easy Books, Kashoo, and Shoeboxed easily and cheaply available online. These can help the small business owner track transactions, create invoices and keep financial documents organised.

Accountant

But that’s not all it takes to manage your business’ finances. The small business still does need an experienced, dedicated accountant. In 2014, an accountant is no longer simply a bookkeeper. The accountant’s role has changed.

Accountant As Business Advisor

Due to the ongoing developments in technology, accountants have adapted to remain valuable.…

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