FAQ

What are the accounting services that you offer?

Our team offers a broad spectrum of accounting services and support, including payroll services, VAT return, managed bookkeeping, accounts management, tax return, and invoicing.

What happens if I don’t declare all my income?

If you don’t accurately declare your income, you will likely be fined by NRA. This is why we recommend choosing an appropriate company that offers a quality accounting service, such as MyCFO, to support you in reviewing your finances.

What happens if I sign up for your accounting service through the financial year?

If you sign up with us part-way through your financial year, our accountants will likely have to play catch-up with your bookkeeping and accounts to get them up to date.

Once you’re up to date, you will only need to pay a fixed monthly price for our support.

Will I get a dedicated accountant?

Of course! You will be allocated a dedicated accountant and tax advisor when you choose our business accountancy services. This accountant will always deal with your accounts and tax and will be available to answer any ongoing questions you may have.

How much responsibility will you take on?

All of it! We speak to NRA on our clients’ behalf and submit all their returns. If we receive any vital information you need to know, you can rely on us to keep you updated.

Are my year-end accounts included in the monthly price?

Yes. The fixed monthly price includes all your year-end statutory requirements and tax returns, as well as your monthly bookkeeping, management accounts, payroll, VAT and other services you have selected in your instant quote.

Is it challenging to switch accountants?

Not at all. If you’re switching from an old accountant, we’ll handle the process for you. Usually, this will involve writing to your previous accountants to arrange for your documentation to be transferred over to us online. We will then send you an engagement letter, and you’ll be required to confirm that you’re happy for us to act for you in certain areas.

How do I get started?

If you’re keen to hand your accounting responsibilities to us, simply get in touch with us here to get an instant quote. After discussing your requirements we’ll provide you with all the information you need to know before getting started.