Why You Need A Chartered Accountant While Setting Up A Business
The single most important person in your business is your accountant. Chartered accountants are available to help you set up a company for as little fees. Correctly structuring your company will save you money and reduce the risk of penalties. Chartered accountants know the ins and outs of all the taxes, levies, and social security obligations associated with running a business – they can help you minimise the risks and maximise the potential tax concessions. Why you need a chartered accountant while setting up a business: You need to choose the right accountants to help you set up your business and make sure it's legally compliant and financially sound. Inside Information was asked why outside accountants are often asked to visit or audit a company as part of a due diligence process. The answer is that to be accredited (or licensed) as a chartered accountant, accountants must pass the professional exams and comply with the ethics code. However, they are often not company expert
