Things To Consider When Choosing An Accountant

Whether you’re looking for an accountant to handle your personal tax returns or your payroll information, choosing the right one for you is one of the most important decisions you can make for yourself or your business.

Here are a few things to take into consideration when making your choice:

1. Qualifications
Making sure that your accountant is trained and qualified in their field might sound like an obvious place to start but it’s something far too many individuals and businesses overlook.

As well as looking into their specific accountancy qualifications, find out how much experience they have and how long they’ve been accounting for. Whilst length of experience doesn’t necessarily equate to competency, it is a good way to narrow down your options.

2. Services
Different accountants offer different services and it’s important to find out which one offers what you’re looking for. Some might only be able to cater to some of your requirements but it’s advisable to have all your needs taken care of under one roof, especially when it comes to something as important as your accounts.

3. Reputation
Before you try out a new restaurant, or book to stay in a hotel for the first time, you’re likely to read reviews of it online or ask those close to you for recommendations – the same can be applied to choosing your accountant. Many reputable firms include client testimonials on their website but having a word with your friends and family can also be helpful.

Also be sure to take a look at their social media accounts to get a better feel for the company and their values.

4. Their specialities
Sole traders, limited companies, independent businesses, there are all sorts of areas and types of clients accountants can specialise in. You’d be wise to choose one that deals predominantly with the kind of company you’re running to ensure their skill set and experience is matched to your needs.

5. Fees
Many larger accountancy firms charge high fees for the services they offer and, while that might suit somebody who hasn’t had time to consider their options, it can quite literally pay to do your research in this area. It goes without saying that the agreed rates should be ones that you or your company can afford to pay. Whether you’re a small business or a much larger organisation, costs vary greatly depending on what it is that you require but you must be able to manage them either way.

Look into consultation costs too. Often, as well as fees associated with the services themselves, accountants, charge for initial meetings but there are various ones who offer this for free as a gesture of goodwill.

6. People
Finally, and arguably most importantly, get to know the person or people who’ll be dealing with your accounts – it’ll make working with them for the foreseeable future much easier.

Tax returns and online accountancy are just some of the services we offer at Aston Black Accountants in Milton Keynes. Call us today to arrange your consultation.