Candid Accountants our proud members of the ACCA, LCC and registered auditors.
As registered professional at Candid Accountants we have the knowledge and experience to teach other how to use modern accounting software for the benefit of your business and financial success. Ask an accountant at Candid Accountants for the details.
We believe that good accounting should be overtaken by advanced accounting software, but modern software as it place in modern accounting as it large company expansion, and communication with HMRC.
We train attendees to use different software packages clients over time. The majority of our recommendations have been Sage which dominates the accounting software market.
HMRC claims compliance checks are usually triggered when figures submitted on a return appear to be wrong in someway. If a small company suddenly makes a large claim for VAT, or a business with a large turnover declares a very small amount of tax, this will likely be flagged-
Anyone whose financial affairs come under the scrutiny of a tax inspector is in for an emotional roller-
What Candid Accountants will do for you is prepare to obtain replacements (such as bank statements) and to work with your adviser to make reasonable estimates and assumptions to fill any gaps.
If there is something wrong with your tax return, we will tell HMRC upfront. Making a full disclosure of all relevant facts and explaining why things went wrong. By being helpful and giving access to records can reduce the penalties.