What To Do If HMRC Investigates Your Tax Return
Most self-employed tradespeople file their Self Assessment, send it off, and don't think much more about it. HMRC investigations happen to other people. Until they don't...
An accountant is someone whose job it is to inspect, analyse and advise you on your financial accounts. Now, if you managed to stay awake until the end of that last sentence, let me try and explain it in a more exciting manner. In my opinion, accountants are underrated. Often seen as boring, no humour, shirt and tie, middle aged men. We can all agree they get a bad reputation. However, they are so much more than that, they are heroes (superheroes even!); selfless and (in some cases anyway) incredibly smart. In short, accountants are there to save you money wherever possible. Who else would take the most boring job in the world, so that you can do what you want with your life…? That’s us by the way.
We are here to make your life easier. To help you survive the harsh times and thrive in the good.
Now tell me, what’s so boring about that?
At Rhino we are pleased to be working alongside QAccounting, so we’d like to think that we can offer you the superhero accountant experience. Our partnership allows you to have both your insurance and your accounting under one roof. Choosing us as your accountants will give you the assurance you want, and the guidance you need, to protect the money you earn.
Have you ever let your receipts pile up, your accounts go untouched, or have nightmares that HMRC is going to come knocking at your door?
Well our partners QAccounting are passionate about taking care of all your business’ tax and accounting needs, so you don’t need to worry about them. Without sounding patronising, we will figuratively – and literally if that’s what you want - hold your hand throughout the process, and we will continue to be there for you on an ongoing basis.
Apart from the great sense of humour, and the hand holding, why should you pick Rhino & QAccounting?
First of all, customer service is extremely important to us. We don’t want you to deal with a new person every time you call, having to explain your situation again and again. With us, you will have your own dedicated client manager and accountant. So, there is always someone you can call whenever and wherever you like…although preferably no drunk 2am calls.
Secondly, what you see is what you get with us. We pride ourselves in giving you flexible, fixed-free contracts with no hidden costs…yes, I said it, no hidden costs.
On the topic of costs, are prices for tradesman accounting packages are extremely competitive. We can accommodate for sole traders and limited companies. With sole trader packages starting at £60+VAT per month and limited companies starting at £75+VAT per month.
Thirdly, your service blends the personal touch of your local accountant with the technology and effectiveness of a large software provider. All customers who choose to let Rhino and QAccounting take care of their business’ tax and accounting needs are putting their business in the hands of a service provider dedicated in ensuring you operate cost effectively and tax efficiently throughout your time as a client.
Finally, to sum it all up, we are here to take care of all the boring stuff, so you can do what you love, your job.
Like I said, we really are superheroes, honest.
Most self-employed tradespeople file their Self Assessment, send it off, and don't think much more about it. HMRC investigations happen to other people. Until they don't...
Clients who won't pay, employee grievances and health and safety investigations can all arise when running your own business. Legal Expenses Insurance protects you from the mounting costs of legal fees.
Professional Indemnity Insurance protects tradespeople if a client claims your advice, design or specification caused them financial loss. This guide explains what's covered, who needs it, how the claims-made basis works and what it typically costs.
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