If you’re like most people, doing your tax can be a stressful time of year. Whether you’re a small business owner, freelancer, or just someone with a more complicated tax situation, finding the right personal accountants can make all the difference. With so many accountants and tax preparers out there, it can be difficult to know where to start. Let’s take a look at Courtier & Courtier and how they can help you with your taxes.
Personal accountants at Courtier & Courtier
In Braintree and throughout Essex, Courtier & Courtier is committed to offering specialised and reasonably priced accounting services to people and businesses. With more than 20 years of experience, we are qualified to assist you with all of your accounting requirements.
We are here to assist you in managing your money and achieving your business objectives whether you are self-employed, part of a partnership, or operate a limited company. To arrange a meeting and find out how we can help your company succeed, get in touch with us right away. We take great satisfaction in our individualised approach and dedication to forging enduring bonds with each of our clients. Since every person’s financial situation is different, we provide a broad range of services to meet your specific needs.
What does an accountant do?
– Accounting services
A personal accountant is a financial professional who provides services to individuals to help them manage their personal finances. The main tasks of a personal accountant in the UK include:
Budgeting and financial planning
A personal accountant helps individuals create a budget and develop a financial plan to achieve their financial goals, such as saving for retirement, buying a home, or paying off debt.
Tax services, tax advice and compliance
A personal accountant helps individuals minimize their income tax liability and ensure compliance with tax laws by calculating your personal tax allowance, preparing and filing a tax return as well as providing tax advice; this also includes inheritance tax.
Bookkeeping services
Bookkeeping services refer to the process of recording and organizing financial transactions for a business. This includes tasks such as tracking money, such as income and expenses, reconciling bank statements, and maintaining accurate records of financial transactions. Bookkeeping services are an essential part of managing a business’s finances, as they provide a clear and accurate picture of a business’s financial health.
Payroll services
Payroll services provided by an accountant involve managing employee pay, tax withholding, and benefits. Accountants process payroll payments, maintain employee records, deduct taxes and benefits, file tax forms, and provide payroll advice to ensure accurate and timely payment of employees.
VAT preparation
VAT preparation involves the process of preparing and submitting VAT returns to the tax authorities. This includes recording all VAT transactions, calculating the amount of VAT due, and preparing and filing VAT returns. The purpose of VAT preparation is to ensure businesses are compliant with VAT regulations, avoid penalties, and maintain accurate financial records.
Small business
We have many years of expertise in working with small businesses. Our tax advisors provide guidance and support to help manage a successful business.
Why should I use the services of a personal accountant?
– Personal tax accountants can save you time and money
Using the services of a personal tax accountant can provide individuals with peace of mind, ensure compliance with tax laws and regulations, and potentially result in tax savings:
Expertise and knowledge – A personal tax accountant has specialized knowledge and expertise in tax laws and regulations, which can be beneficial in navigating complex tax situations.
Saving time – Filing taxes and preparing them can take a lot of time, particularly for people with complicated financial circumstances. With smooth accounting, you can save a lot of time – time is money.
Maximising deductions and credits – A personal tax accountant can identify deductions and credits that individuals may not be aware of, resulting in potential tax savings.
Reducing errors and audits – Using a personal tax accountant can reduce the risk of errors on tax returns and help individuals avoid costly tax audits.
Planning for the future – A personal tax accountant can provide advice on tax planning strategies that can help individuals reduce their tax liability in future years.