How to Choose The right Limited company Accountant?

A good accountant is the base pillar of a fulfilling and prosperous company. And that is why it is very important to choose the right limited company accountant for your work since they have the power to bring profit and loss to a company.

They not only help you keep your records in order but also prove to be a golden goose when it comes to saving money on taxes. They know the tricks from where you can save, which investment will prove beneficial, and where you can cut the loss.

With so many benefits they bring it is a no-brainer that almost all of the major and minor companies have accountants by their side. And here are some of the tips on how you can find the best accountants for limited company.

Check the qualifications:

This point seems basic but is very important. You need to know where your accountant came from, and what degree and qualifications they have. Do their skill set and knowledge match the qualifications they have mentioned in their documents? These are all the important points that can give a good insight into whether they are fit to be a limited company accountant.

Experience:

Use someone who already has experience in handling a small business and is capable enough to handle a limited company on their own. Some knowledge of the field your company is working in is also important.

Search your options:

Start looking for a limited company accountant even before you have started the company. Why? Well, it is simple, they can guide you on different aspects. Like the process of registration with tax authorities, help you register for VAT, Corporation Tax, etc.

Fancy learning more? Here’s what should you expect from a VAT Inspection.

Their Duties:

Some of the roles that the accountants for limited companies have to provide are:

Completing the businesses’ annual accounts

VAT accounting, HMRC, etc.

And these are the things you will need to confirm with your potential accountant. Are they up to the task and can they handle it or not?

Further to help you with your search, here's a suggestion. If you are looking for a Birmingham Accountant you can reach out to Cheylesmore Chartered Accountants. We have years of experience and knowledge in accountancy and our team knows what needs to be done to run a legal company and earn profits.