Accountant

An individual who ensures that you and your business stays on top of your finances. Here we focus on personal accounting:

When do you need an accountant?

If you need to file a tax return! That's includes if you are:

• A sole trader
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• Limited company
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• An individual that has untaxed income you need to declare on a tax return
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If you are PAYE (Pay As You Earn), then you don’t need to worry about this, your employer will organise it for you.
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What can an accountant do for you?

• Prepare and file your tax return
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• Claim expenses
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• Calculate the tax that you owe
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• Lower your tax bill (if possible)
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There are two main ways to file a tax return:

• Self Assessment tax return
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• An accountant - Make sure they’re qualified on the AAT

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