After meeting many small business owners, we understand that you can be so bogged down with everything it takes to keep the show on the road, that when you do finally catch a break, your year-end is suddenly around the corner and on the horizon.

Your Tax Shop are here to tell you that it doesn’t always have to be like that. If you look around, you will notice many other business owners looking in control, relaxed and happy. Why is this you ask? Because they have a proactive accountant on board, which allows them to sit back and pass the burden of all their tax deadlines and worries into their capable hands.

So, what is proactive accounting? 

For any small business, there are many benefits of working with a proactive accountant, and this doesn’t only apply to the management and filing of year-end company accounts, VAT returns and payroll schemes. It also means additional help with things such as long-term business planning and budgeting, which will ensure your business has good financial health throughout the course of the year.

So, if you’ve been doing your own books up until now, or maybe currently have an accountant that you’re not too satisfied with, here are a few reasons why a proactive accountant, like our team here at Your Tax Shop, should be next on your priority list:

No mad rush to get year-end done 

They will have everything in order and in place to ensure that your year-end accounts are filed in good time. That’s because they will understand the importance of good organisation and a proactive, rather than reactive approach, is vital for the smooth running of any business. An experienced and proactive accountant will also be up-to-date with all the latest rules and regulations, making sure that your business is registered in the correct way and, above all, providing you with the peace of mind and reassurance that your accounting is being done correctly.

The chance to plan ahead 

Getting your year-end finalised in good time then gives you the opportunity to budget and plan, as well as setting objectives for the year ahead. This will ensure that any potential problems are identified and dealt with in advance.

Get on with what you do best 

You’re great at what you do best! By appointing an accountant, you will free up time, which will allow you to then focus on growing your business and discover greater opportunities for success. A good accountant should have an excellent knowledge of the latest accounting software, making the whole process as convenient and stress free as possible for you.

Save time and money 

Time is money. Having a proactive accountant will, not only save you time, but it will save you money in the long run too. A good accountant will proactively look for ways to maximise any deductions and advise you the most tax efficient ways possible, eventually saving you money throughout the year.

Get reliable help and advice 

As well as taking on tasks such as the processing of your year-end accounts, your accountant should also be able to offer reliable advice on anything from recommending new, more effective, accounting systems, to sensible investments and exit planning. And remember, your accountant should be professional yet approachable, so you’ll always feel comfortable in leaning on them for help, support and advice throughout the year.

Your Tax Shop understand that accountancy is not always a ‘one-size-fits-all’ and are on hand to guide you and your business on the way to success. Our friendly and easy-to-understand approach to accountancy is one of the many reasons why clients come to us from all over Greater Manchester. If you have any queries or would like to discuss your situation in further detail, then get in touch with our team today on 0161 339 5689 or book a no-obligation appointment – it really is that simple!