Small Limited Company Accountant recommendation

boongywoongy

As the title mentioned, I'm looking for accountant recommendations to prepare and submit our limited company tax return. It is a property letting and development company with only two properties under it's ownership during the reporting period (one let, one was being refurbished).

I've had a range quotes so far. Right now, I'm only interested in just getting my return filed so not interested in payroll etc. All the transactions are categorised in a spreadsheet.

Thanks in advance.

uknick

What have you been quoted so far?  Might give us an idea as to how realistic your expectations are.

boongywoongy

For just the return, I've had 800/850+VAT and then most are encouraging me to then pay 90+VAT per month for future years.

tacpot12

Where are you based? In my experience it's better to us a local accountant (with a personal recommenation). 

boongywoongy

I am based in West Kent but I am happy to use a firm based anywhere to be honest. 

Pennywise

boongywoongy said:

For just the return, I've had 800/850+VAT and then most are encouraging me to then pay 90+VAT per month for future years.

That kind of figure is pretty reasonable and around average.  So just go with the firm who you feel will give you the best service, i.e. better to go with a qualified firm, better to go with the one who communicates the best with you, etc.  Realistically, you're not going to get a qualified accountant for much less.

pjs493

Have you considered doing your own taxes? Would you feel competent and confident enough in doing them initially? If things are quite simple because the business is small and straightforward this could be an option if you feel comfortable doing that. 

Savvy_Sue

pjs493 said:

Have you considered doing your own taxes? Would you feel competent and confident enough in doing them initially? If things are quite simple because the business is small and straightforward this could be an option if you feel comfortable doing that. 

I wouldn't disagree with you, but the OP mentions property letting and development. My understanding is that even if the business is 'small', it may not be 'straightforward': it can be tricky to know what can be claimed against tax and what can't, so if it's a new venture for the OP then getting someone for that first year could be very well worthwhile.

I'd add to that suggestion that accountants can specialise - one of my boys is a successful game developer, and therefore uses an accountant who knows about the ins and outs of selling on multiple online platforms, in the UK and further afield. If you can find an accountant used and recommended by others in a similar line of business, then see how you feel after a couple of years!