All our fees here at Your Tax Shop are fixed and agreed before we do any work for you. Our fixed fees are directly linked to the value of what we provide for you.We never undertake work without agreeing your fees in advance so you always know where you stand. If there are changes to your fixed fee agreement, we’ll check in with you first before doing the work.
We’re not in the business of providing low quotes just to get your business for the first year and then raising the fees.
Before we undertake any work on your behalf, we get to know you. This allows us to gain an understanding of who you are, why and how you need our services. It also gives you the chance to get to know us.
During this initial conversation, we’ll discuss you and your financial situation and future goals, both short and long-term. You don’t even need to visit us in person – though if you’d like to come in for a cup of tea and chat, that’s fine!
Making Tax Digital is new legislation from HM Revenue & Customs (HMRC) that will be brought in gradually for individuals and businesses. The idea is to update HMRC of your income and expenditure quarterly in order to follow a real-time system so that they can calculate tax owed or owed to you throughout the year.
Under MTD businesses must update HMRC with their income and expenses at least once every three months via software that complies with MTD. Small businesses and landlords under the VAT threshold will have an extra year to prepare for MTD.
Cloud accounting enables businesses to access financial data instantly via a PC, laptop, tablet or mobile phone device anywhere with Wi-Fi connectivity.
We make cloud accounting easy, and we are here to help you. Our experienced and cloud-savvy team can help you to choose the right platform for your needs, and will provide free training and continuing support as you get to grips with the platform. With remote login we are able to carry out regular checks on your finances, look at the current position with creditors, debtors and banking, basically a health check when needed. We will be able to give you feedback that will help grow your business and spot potential issues early on.
