What is this page for?
Over time Frequently Asked Questions regarding the firm will be added here - the main ones, though, are fees and who we are.
Who are the ACCA?
The Association of Chartered Certified Accountants. There are a number of professional accountancy bodies. The ACCA is a global accountancy body founded in 1904 and now boasting over 200,000 members. You can find out more here.
Are you protected by Professional Indemnity Insurance (PII)?
Yes we are. As part of being a member of ACCA we are obligated to protect you and us with PII. Our current insurer is Axa. PII means that in the unlikely event of us making an error of judgement that leaves you financially worse off we will be able to put things right. Our current insurance provides indemnity for up to £300,000.
I've checked your business address out - it looks like it's a house?
You'd be right. In fact, all of our staff work from home. Why? It saves money, of course, and it's the most effective way for us to work. In the past it would impact on the quality of our work and wouldn't be practical, but technology means it is unnecessary to have large permanent offices now, as most things can be done online - we have cloud accounting, we can collaborate with staff and client's via video conferencing and, if we need to get together, we can choose a place that is mutually convenient! Remember, if we save money and time, you save money and time as well. It's win-win! Oh, and the commute isn't bad either!
Saving tax - isn't tax avoidance and evasion illegal and/or unethical?
So, you want to keep things legal and ethical? Great - you're our sort of person. The government create the tax rules, some seem fairer than others, but they make the rules and we help you to stick to them.
Most of the tax savings available are actually created by the government themselves via various allowances etc to encourage and acknowledge certain ways of doing things (eg being eco-friendly, investing in businesses, paying into a pension) - the trick is to know them (and there are 100's) and to get the planning and timing right.
To answer the question simply, though, tax evasion is always illegal, avoidance is always legal but a small number of the more extreme and rare options you may consider to be unethical and sometimes turn out not working - so we always explain everything to our client's so you can make an informed decision and remain legal.
I have another question, what can I do?
Get in touch! we're here to help.
Over time Frequently Asked Questions regarding the firm will be added here - the main ones, though, are fees and who we are.
Who are the ACCA?
The Association of Chartered Certified Accountants. There are a number of professional accountancy bodies. The ACCA is a global accountancy body founded in 1904 and now boasting over 200,000 members. You can find out more here.
Are you protected by Professional Indemnity Insurance (PII)?
Yes we are. As part of being a member of ACCA we are obligated to protect you and us with PII. Our current insurer is Axa. PII means that in the unlikely event of us making an error of judgement that leaves you financially worse off we will be able to put things right. Our current insurance provides indemnity for up to £300,000.
I've checked your business address out - it looks like it's a house?
You'd be right. In fact, all of our staff work from home. Why? It saves money, of course, and it's the most effective way for us to work. In the past it would impact on the quality of our work and wouldn't be practical, but technology means it is unnecessary to have large permanent offices now, as most things can be done online - we have cloud accounting, we can collaborate with staff and client's via video conferencing and, if we need to get together, we can choose a place that is mutually convenient! Remember, if we save money and time, you save money and time as well. It's win-win! Oh, and the commute isn't bad either!
Saving tax - isn't tax avoidance and evasion illegal and/or unethical?
So, you want to keep things legal and ethical? Great - you're our sort of person. The government create the tax rules, some seem fairer than others, but they make the rules and we help you to stick to them.
Most of the tax savings available are actually created by the government themselves via various allowances etc to encourage and acknowledge certain ways of doing things (eg being eco-friendly, investing in businesses, paying into a pension) - the trick is to know them (and there are 100's) and to get the planning and timing right.
To answer the question simply, though, tax evasion is always illegal, avoidance is always legal but a small number of the more extreme and rare options you may consider to be unethical and sometimes turn out not working - so we always explain everything to our client's so you can make an informed decision and remain legal.
I have another question, what can I do?
Get in touch! we're here to help.