Best Certified Public Accountants in Bishops Stortford

Read Our New post: Tax advice: What is it & How do you know what you need? Something we can be guilty of as professional advisors, is assuming how much our clients know about the services we offer. This is particularly true with tax services. Tax is incredibly vast and complicated. It interconnects into so many different aspects of business and life. What you might not know is that Chartered Tax Advisers have a completely separate qualification to accountants. The subject is that extensive, it is a specialist area in its own right, and accountants will range from general tax knowledge, to niche in areas of tax, through to Chartered Tax Advisor. However, most – if not all – accountants provide tax compliance services. These are the services you need to ensure you pay the right amount of tax your business owes. It’s the bare minimum of tax services that you will need. But what about tax advice? Read on to find out what exactly tax advice is and how to access the tax advice you need. WHAT EXACTLY IS TAX ADVICE? Advice generally falls into one of two categories: corporate (for businesses) or individual (for personal). But put simply, tax advice is the delivery of some work or planning to help improve a client’s tax position; to make a future saving or get cash back into their business. You’ll often see accountants specialising in certain areas that are more likely to be relevant to their customers, for example VAT, R&D Tax Relief, or International tax. OUR AREA...