I have never done accounts. How easy is it to use your software?

Extremely easy! You do not have to be an accountant to use this software, that’s what we are here for. It’s self-explanatory and easy to follow. Why not try it for free for 30 days if you’re unsure?

 

How can you help me pay less tax?

Our accountants keep an eye on your accounts throughout the year. This enables them to provide unprecedented advice that will help save tax. Providing you with expenses guides so that you know what you can be claiming is a start! Our online software gives you freedom to run off reports at a touch of a button – it also allows us to do the same so we can see what your business is doing and provide you with relevant advice.

 

Can you help with VAT registrations?

Yes, we’ll do all of the administration so you can concentrate on your business. Just let us know when you want to be registered from.

 

How do I switch from my current accountant?

You may need to give your accountant notice. You should check the terms of your agreement. Once you have done, choose the package you want from our pricing page and sign up. That will send us details for yourself, your business and your accountant. We can get any information your accountant holds for you by writing to them so you do not need to worry about asking them for anything.

 

What happens if I can’t log in?

Email our support desk at support@accrida.com and we’ll re-set your password for you. Alternatively call our support team on 0800 112 3667.

 

Can I still speak to a ‘real’ accountant?

Yes, we provide a one point of contact accountant straight away whom you will have unlimited access to, be it phone calls, meetings or emails. They will be on hand Monday – Friday, 9am to 5pm to provide help and support to you and your business.

 

Can you help me choose between sole trader or limited?

Yes, we can discuss the nature of your business, your turnover, expected turnover, expenses etc which will allow us to understand which is right for you. We can then show you a comparison of your take home pay and an estimate of the tax you’ll be paying in a year. We can go through the benefits and help you decide whether sole trader is best for you, or limited is.

 

What’s the benefit of the VAT Flat Rate Scheme?

Businesses charge VAT (currently at 20%) but pay it back at a flat rate to HMRC at a lower percentage, depending on their industry. VAT is calculated on the total gross sales amount instead of the total net sales amount and businesses cannot claim back VAT on expenditure, unless the purchase is a capital item over £2,000. This works to be very profitable for businesses that do not incur many expenses or incur expenses that do not carry VAT. Our accounting experts can give you a breakdown and worked examples for you to help you understand the flat rate scheme a little bit better.

 

Will you deal with HMRC on my behalf?

Yes we will ensure that we are authorised as accountants to act on your behalf, therefore we can deal with any correspondence you may receive from HMRC. This saves you time and we can answer any questions HMRC may have.

 

Can you help me open a business bank account?

Yes, we work closely with two major high street banks who we could refer you to should you need a business bank account.

Ready to get started? Sign up for your free 30 day trial or get in touch to find out more.

Want to speak to one of our expert accountants? Call 0800 112 3667, Mon-Fri 9am-5.30pm