Frequently Asked Questions
What kind of advice can I expect at an initial consultation?
You can ask any questions you want to get the advice you need. Wherever possible you'll get the answers you need there and then. Often from a review of your last prepared annual accounts, we will be able to spot some key planning considerations to discuss with you and get an understanding of your business to help bounce around any business ideas.
How easy is it to change accountants?
In most situations changing accountants is very straightforward. We will take care of virtually everything. We can let your existing accountant know you are changing and all relevant information should be provided to us.
What information is needed to provide a quote and advice?
Ideally, a very brief review of your books and records to be able to get a feel for the amount of work involved. In addition a copy of your last financial accounts prepared by your present accountant helps to quickly get an overview of your situation and give relevant advice. If there's anything you need help on and it may be relevant, try to have it available.
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When must I prepare my Company accounts?
Company accounts are due to be filed at Companies House nine months after the end of your financial year. Any corporation tax due is payable nine months and a day after the end of your financial year.
When must I submit my self-assessment return?
Your self-assessment tax return must be filed before 31st January following the end of a tax year to avoid penalties and fines. For example a 2008 tax return must be submitted by 31st January 2009.
We recommend completing your tax return well in advance of this date so that we can examine and discuss any planning issues with you.
What software do you recommend using to maintain our business records?
We are long standing business partners with Sage, the market leader in the UK for Accounting Software.
Sage offers various products to suit different types and sizes of business. Our understanding of the products available means we can advise you which one is best suited to you. We will also be on hand to help you integrate the software into your business and how to get the most from it.
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E mail:enquiries@newshamhanson.co.uk we are here to help
Our Address
Edinburgh House,
1-5 Bellevue Road,
Clevedon,
North Somerset.
BS21 7NP
Tel: +44 (0) 1275 873269
Fax: +44 (0) 1275 340531
