Small business accountants UK: Frequently asked questions

Below are answers to the most frequently asked questions about small business accounting. Still need help? Get in touch with our friendly team today.

General questions

Are you licensed and insured?
Yes. We are fully qualified small business accountants and compliant with all relevant professional and regulatory standards. We stay up to date with changing tax laws and accounting regulations, and are fully insured. Learn more on our About Us page.
Do you offer free consultations?
Yes. We offer an initial consultation to understand your business needs and determine how we can help. Depending on the complexity, this can be free or may have a nominal fee – book your consultation today.
What are the benefits of hiring a small business accountant?
A dedicated small business accountant ensures your accounts are accurate, compliant and tax-efficient. We handle bookkeeping, payroll, tax returns and VAT, providing clarity, saving time, reducing stress and helping you make informed financial decisions for growth.

Bookkeeping & accounting

How often will my books be updated?
This depends on your accounting package. We offer monthly and quarterly bookkeeping options based on your business needs, ensuring your small business or limited company accounts are always accurate and compliant.
Can you clean up past or messy books?
Absolutely. Our bookkeeping cleanup services include catching up overdue records, correcting errors and setting up efficient systems. Contact the team for more information.

Tax services

Can you help reduce my tax liability?
Yes. Our tax and VAT advice services for small businesses focus on proactive planning, identifying allowable deductions and reliefs and using strategies to legally minimise your tax burden.
Do you handle tax deadlines and filings?
Yes. We prepare and file all returns on time, including Self Assessment, corporation tax and VAT, ensuring your business stays compliant with HMRC regulations. Find out more about our tax accounting services for limited companies, sole traders and start-ups over on our dedicated page.
Can you assist with VAT refunds?
Yes. We can help you understand eligibility and guide you on how to claim a VAT tax refund in the UK, ensuring you receive every refund you’re entitled to.
Can you support me during an HMRC investigation?
Absolutely. We act on your behalf during audits or tax inquiries, providing expert guidance and handling communications with HMRC.
What are the requirements for setting up a limited company in the UK?
We advise on everything needed to start a limited company, from registering with Companies House to establish your accounting and tax reporting framework. Our limited company accounting services keep things simple and clear, every step of the way.

Pricing & billing

How much do your services cost?
Pricing depends on the services you require. We offer transparent, fixed monthly accounting packages as well as one-off services, tailored to the size and needs of your business.
Are there any hidden fees?
No, we provide upfront pricing and ensure any additional costs are discussed and agreed before work begins. Learn more about our accountancy fees and pricing model for limited companies or sole traders.

Working with us

How do I get started?
Simply get in touch via our contact form, email us at accounts@efaccounting.co.uk or call the team on 01274 072098. We’ll schedule an initial consultation to discuss your needs and next steps.
What information will you need from me?
This depends on your service requirements, but typically includes financial records, bank statements, tax documents and business details. But don’t worry, we’ll give you clear direction and support throughout the onboarding process.
Do you provide remote accounting support?
Yes. We work with clients locally across Bradford and Leeds, as well as nationwide, using secure online tools to provide seamless online accounting services.
How do you keep my data secure?
We use secure systems and follow strict confidentiality and data protection practices to keep your information safe.
Do you support CIS clients, contractors and freelancers?
Absolutely. We offer tailored accounting and tax services for CIS clients, contractors, freelancers and self-employed professionals, including income tracking, tax return preparation, VAT support and CIS reporting to HMRC.