Is it time to break up with your Accountant
Article Author: Paul Gough Posted on: August 27, 2015 (Full Author Bio in the box on the right side)
4480 views
It’s safe to say most people have found themselves in the position where they get that nagging feeling something just isn’t quite right.
Be it neglect, financial loss, forgetting important dates, picking up the bill for unexpected events, or just generally feeling unloved. If these points sound familiar, then it might be time to look elsewhere.
Yes it can be an uncomfortable time, but deep down you know what you need to do. We’re not talking about your love life, we’re talking about your contractor accountant!
Loyalty between contractors and accountants is high, with 49% of businesses staying with the same supplier for more than 10 years. Contractors build up a solid relationship with their accountant, which can make it more difficult to consider looking elsewhere should the relationship take a turn for the worse, or if their business requirements change and their current accountant simply cannot provide the new services they need.
Other issues can include simply being let down or receiving poor service. Here’s a list of the top five reasons why our new clients have decided to leave their old accountant behind and join Intouch:
1. My current accountant is never consistent!
At Intouch you will ever only deal with your dedicated Personal Accountant and their close advisers, meaning that the details of your account are always known and ready to be discussed in confidence. Your account will never be passed to someone who is not aware of your circumstances.
2. I can never get hold of my accountant!
When you join Intouch you’ll have direct contact details for your Personal Accountant, meaning you can reach them at any time and receive advice tailored to your circumstances.
3. I get charged for essential extras!
At Intouch our service is all-inclusive, meaning that we will never charge you for those essential extras you need in order to contract successfully. This includes unlimited advice from your Personal Accountant, 24/7 access to our online portal, all tax and account matters you have to deal with throughout the year, unlimited IR35 contract risk assessments, and so much more. For a full list of what’s included, take a look at our price and services.
4. They file my important documents late!
Our Personal Accountants and online portal are there to guide you and remind you of any important impending dates. So as long you have fulfilled your director’s responsibilities when it comes to keeping the portal up to date, and adhered to the deadline dates as set out by your Personal Accountant, they will NEVER miss a deadline for submission.
5. They don’t care about me or my personal circumstances!
Our Personal Accountants take the time to get to know you, and make sure they understand your circumstances. Changing contract? They will perform a contract risk assessment for IR35. Having a baby? They will advise you on your maternity pay. They’re with you every step of the way, and make sure that any changes in your circumstances have the least effect on your take home pay.
So if you’ve decided that enough is enough and you’re ready to make the move, what’s the best way to go about it? The normal process is for you to advise your accountant that you no longer wish them to act for you. We can advise you on what to write should you need any support.
You’ve done it! What’s the next step?
Once your old accountant has received the letter it is up to them to ensure that all of your data and information is transferred over to us. Your dedicated Personal Accountant at Intouch will liaise with them directly to make sure the process runs smoothly, meaning that your letter should be the last communication you will need to have with them.
Your dedicated Intouch accountant will be with you through every step of the way, so if you have any questions they will be ready to answer them and guide you through this process.
Thinking about switching?
If you think now is the time to switch accountants, why not give one of our advisers a call on 01202 901 385 to discuss your current situation and the options available to you.
We also have a couple of calculators available free of charge to help you gauge how much you will save, and if there will be any catch up fess when you join Intouch:
· Use our catch up fees calculator to see how little it will cost to switch over to Intouch.
· Use our cost comparison calculator to see how much you could be better off each month by switching to Intouch Accounting.
Special Offer! If you decide to join us by 30th September 2015 we will give you a discount of 25% off your catch up fees, meaning that you’ll save even more in the long run. Got a friend that’s recommended us? If they’re already an Intouch monthly client, simply mention their name when you sign up and they’ll automatically receive a £150 Amazon voucher.
Either call us today on 01202 901 385, or visit our website to find out more about our services and fantastic accountancy team.
Remember! Don’t stay in a bad accountancy relationship any longer than you need to, or one that doesn’t have the skill sets you require in order to contract successfully. Make the change today to Intouch for complete support, guidance and compliancy. You’ll never look elsewhere for your contractor accountancy needs.
Latest Posts
-
Staying HMRC Compliant: VAT Returns Have Chan...
by Amanda Swales on January 29, 2020 Accounting & Tax -
Self Assessment Tax Return 101 - Filling In T...
by Amanda Swales on January 15, 2020 Accounting & Tax -
-


RTI offers annual option for contractors
The top 3 common mistakes Contractors make
HMRC admits contractor tax change legislation needs a rewrite
Amendments in Finance Bill to prevent misuse of Personal Service Companies
IR35 IT Contractors And Office Holders
Sole Enterprise with Protected Assets or Limited Company - Which is better for Contractors?
How IT Contractors can become an expenses wizard
Changes to the Flat Rate VAT Scheme are coming - are YOU ready?
The true value of umbrella companies for UK contractors
What can Limited Company contractors expect from the Budget 2017?
Why Contractors in trust based schemes should think twice
6 free tools all contractors should use
Why compliance has lost its meaning for contractors
Understanding tax basics - a guide for contractors
HMRC Employment Status Service tool - How accurate is it in determining the IR35 risk for contractors?
Contractors feel puzzled of the UK job market
Barclays and Citigroup are the latest to cut IT Contractor pay
The Taxman is going to war on UK Contractors
Contractor paid 2500 GBP to HMRC for tax return mess up
The 10 commandments of contracting
Chancellor announced dividend tax hike from April 2016
How will Supervision Direction or Control rules affect Contractors
5 New Contractor Mortgages Friendly Lenders Enter The Market
First Time Buyers get cashback on Contractor Mortgages
Why it is important for Contractors to network effectively
Relieve the stresses of Limited Company contracting with 4 simple solutions
Festive Gift Ideas for Limited Company Directors
How the 2015 Budget could affect you as an Independent Contractor
How important is it to protect your income as a contractor
Will the low rates mortgage price war benefit UK Contractors?
How to deal with unplanned time off for UK Contractors
What is the 24 month rule and how does it apply to Contractors
5 benefits of contracting through an umbrella company
What does change in dividends mean to UK Contractors
How IR35 reforms in the private sector going to affect the self-employed?
Is Umbrella Company the best solution for first-time Contractors?
Is it time to break up with your Accountant
5 Trusted Contractor Services Providers in the UK
How Important is IR35 and Tax Planning to Contractor Accountants
What all recruiters need to know
Intermediaries' legislation - IR35: What is the likely impact of the new rules for contractors working in the public sector?
Professional Indemnity Insurance Explained
Election 2015 - what is in it for contractors and freelancers
How does the recent IR35 changes in the public sector affect UK contractors?
What forms do I need to submit In my tax return?
How will Autumn statement affect Contractors?
APSCo backs call for strategic review which could end raw deal for contractors
The golden rule of Contracting
UK plc confused about T&S regulations says FCSA research
Personal Service Company Guide for UK Contractors
Do I Need To Complete The Self Assessment? How To Know If You Have A Tax Return Due
Insulting to Contractors
The rise of the female contractor
Why Contractors should save for a rainy day
What is Required For Your First Digital VAT Return: Making Tax Digital
Autumn Statement 2016 - How will the VAT Flat Rate Scheme Restriction Affect Contractors?
What a Directors loan means and who can take one
Why Brexit will not be an easy exit
FCSA submits its official response to the HMRC consultation
FCSA urges Osborne to get his facts right before tarnishing all contractors
First Time Buyers take advantage of the new Help to Buy ISA
Top 10 cash flow tips for IT Contractors
10 Must Have iOS Apps for UK Contractors
Great Chance to Win a Trip to Monaco for IT Contractors
Benefits for Freelance Contractor Mortgages Insurance
How will the new tax year affect IT Contractors and Umbrella Companies
MP David Morris calls for new IR35 legislation for Contractors
Budget is good for small business but still hurts contractors
Beginners Guide to IT Contracting
A checklist and timeline for new Contractors
FCSA calls for HMRC to abandon its consultation on public sector use of off payroll staff
Top 5 things a first-time Contractor should do when switching to Contracting
Fun ways to save money for the adventurous contractor
How can a contractor be a winner in the tax race
General Elections from the Tax perspective for UK Contractors
Umbrella Company and IR35
Doubt is cast on HMRC new IR35 proposals for contractors
Why Contractors should never stop learning
RIP Business Entity Tests
Why Contractors Need To Understand IR35
Why Contractors MUST Download TeraCopy Freeware
How to avoid time between contracts
How much salary should I pay myself as a Limited Company Contractor
How HMRC continue to confuse matters for Contractors and Agencies
Is contracting the key to a successful and family-friendly career
Simple guide to Tax relief on Motor expenses and business mileage
What is Contractor Mortgages and how to secure the best mortgage deal?
Parents working full time file petition for free childcare
The future of IR35 in the public and private sectors
Is there light at the end of the tunnel for UK Contractors
Registrar of Companies Scam Letter sent to Businesses
Why Contractors should set up a home office
Where is your IT contracting career going 
