Accountants - how much do you ask them to do ?

[ppentertainments]

Currently my accountant sorts out my end of year figures and tax returns only. I have been toying with the idea of passing more bookwork onto them.

To what capacity do you use your accountants for ??

[Solitaire Events Ltd]

My accountant does my tax return, company accounts and vat return, but I give him spreadsheets with expenses, sales and vat figures. Basically, I do most of the groundwork and then he audits everything for me and makes the final returns and deals with the revenue.

[CRAZY K]

Currently my accountant sorts out my end of year figures and tax returns only. I have been toying with the idea of passing more bookwork onto them.

To what capacity do you use your accountants for ??

As a small simple set up with a turnover under the limit ( I think its £15,000 )
I submit my turnover and expenses plus any capital purchases, no need for any further information

He submits to IR.

Job done at low cost to me.

CRAZY K

[SC Events]

My nan does mine as that's what she does for a living!

I give her a copy of the invoices for each event and for any equipment etc I buy.

Scott.

[Dynamic Entertainment]

I keep all my records myself them, and a balance sheet, to him for my tax return and thats about it.

[nigelwright7557]

I do my own books and just pass them to the accountant.
He does the tax return for me then I pay the bill OUCH !