There are basically two types of Contractor Accountants; process driven Accountants and Relationship Accountants. Process driven Accountants offer a cheap option and just focus on the job of churning out accounts and tax returns, Relationship Accountants think about the person behind the numbers. Our structure means we have time when you call and you will not get frustrated speaking to a different person every time.
Our clients view their Forbes Young Contractor Accountant as their financial and business partner. At Forbes Young, everyone gets a one-to-one relationship with a fully qualified/experienced specialist - unlike low cost service providers, you will always deal with a Forbes Young Partner.
Our clients view their Forbes Young Contractor Accountant as their financial and business partner. At Forbes Young, everyone gets a one-to-one relationship with a fully qualified/experienced specialist - unlike low cost service providers, you will always deal with a Forbes Young Partner.
Services
Forbes Young are a firm of experienced Accountants/Tax advisers with offices nationwide offering a personal and specialist service in the niche consultancy market.
At Forbes Young we believe the most important factor to enable an accountant to provide outstanding tax saving advice is to build personal relationships with our clients.
No two clients are the same and the only way to give bespoke, proactive advice is to get to understand each client's individual needs by getting to know them and their business.
At Forbes Young we believe the most important factor to enable an accountant to provide outstanding tax saving advice is to build personal relationships with our clients.
No two clients are the same and the only way to give bespoke, proactive advice is to get to understand each client's individual needs by getting to know them and their business.
Most contractor accountants provide the necessary services, however unlike them we believe in building personal relationships with our clients and ensure that they are only looked after by a Partner of the firm, not an 'account manager' or junior member of staff.
Our clients therefore have direct access to their Forbes Young Partner.
Our services encompass all your limited company and personal accounting requirements including VAT returns, payroll, year end accounts, corporation tax returns and computations, tax planning, directors personal tax return and liaising with HMRC & Companies House.
Our clients therefore have direct access to their Forbes Young Partner.
Our services encompass all your limited company and personal accounting requirements including VAT returns, payroll, year end accounts, corporation tax returns and computations, tax planning, directors personal tax return and liaising with HMRC & Companies House.
Or a lesson for Contractor Accountants in when not to use an EBT (employee benefit trust).
If, like me, you follow Scottish football with the same enthusiasm a hamster has for tank warfare - you may have missed the tax debacle north of the border.
What is the VAT Flat Rate Scheme?
Any business in the UK with a turnover of more than 73,000 must be registered for VAT.
This means adding on 20% VAT to your normal sales invoice and paying the 20% VAT over to the VAT office.
You may know them by another name, such as an EBT or trust-loan scheme and the mechanics of them are fairly simple :- You go to work > your "client" pays your salary into a trust (somewhere like the Isle of Man) > The trust "lends" the money to you.
If, like me, you follow Scottish football with the same enthusiasm a hamster has for tank warfare - you may have missed the tax debacle north of the border.
What is the VAT Flat Rate Scheme?
Any business in the UK with a turnover of more than 73,000 must be registered for VAT.
This means adding on 20% VAT to your normal sales invoice and paying the 20% VAT over to the VAT office.
You may know them by another name, such as an EBT or trust-loan scheme and the mechanics of them are fairly simple :- You go to work > your "client" pays your salary into a trust (somewhere like the Isle of Man) > The trust "lends" the money to you.
Just Contact us at your nearest office or, call 0800 8 40 40 14 to speak to one of our experienced specialist contractor accountants and we will arrange it for you!
If your existing accountant is providing you with an excellent pro-active service that was promised to you when you first joined them at a reasonable fee then stick with them, after all why try to fix something that's not broken.
Were you promised a 'dedicated' accountant but find yourself talking to someone new every few weeks?.
All it takes is one email from you to your accountant advising them that you wish to terminate their services, that's it, the rest is then taken care of between your existing accountant and your new accountant.
If your existing accountant is providing you with an excellent pro-active service that was promised to you when you first joined them at a reasonable fee then stick with them, after all why try to fix something that's not broken.
Were you promised a 'dedicated' accountant but find yourself talking to someone new every few weeks?.
All it takes is one email from you to your accountant advising them that you wish to terminate their services, that's it, the rest is then taken care of between your existing accountant and your new accountant.
Reviews
Be the first to review Forbes Young Accountancy.
Write a Review
