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Kevin Miller

  • Posts: 260
Do you self employed guys use accountants?????
« on: May 09, 2014, 09:51:19 am »
As the title says really, those of you have are all self employed do you employ accountants and if so are they worth it or do you do the accounting yourself.

Cheers

Kev

Hilton

  • Posts: 5572
Re: Do you self employed guys use accountants?????
« Reply #1 on: May 09, 2014, 11:35:59 am »
I suppose it depends on your level of sales but I have always employed an accountant and a book keeper,I would never do it myself.

Yes its worth it correct accounting saves a whole lot of hassle from the tax man , the last thing I want to be doing when building my business is to have to set aside a chunk of time to do my books.Also a good accountant will also be able to offer valuable advice on tax savings.

As I said we also have a book keeper who does the daily stuff and keeps on top of the financials for when the accountant does your end of year, this can save you a lot in accountancy fees. A book keeper can also do your invoice chasing four. You need a book keeper when starting out for no more than a few hours a fortnight/month, our book keeper comes in once a week for 4-5 hours and we pay her hourly.

Jettaway

  • Posts: 521
Re: Do you self employed guys use accountants?????
« Reply #2 on: May 09, 2014, 02:07:18 pm »
I do mine myself. Keep on top of receipts on a regular basis and its not too stressful at all