Help with setup everything on FreeAgent and carry on with diy

[legal]

I want to change my accountant.

Looking for someone to help with setting up everything on FreeAgent. After 6 to 12 Months looking to stop using Accountant and do everything myself.

I don't mind starting with an Accountant for first year until one personal tax return is done and one company tax return is done.

Anyone done similar thing already?

Any Accountant posting here willing to help out?

I am an IT contractor with everything standard.

Quarterly VAT
Monthly payroll
Pension contribution
Personal Tax return
Company Tax return

Anything I am missing?

[ladymuck]

Yep, there are people on here who do all their accounts themselves, using FA. It's not all that tough. I do everything myself except the CT calculation/submission

I haven't gone 100% DIY because I like a fresh pair of eyes over things at the end of the year and the option of having someone to ask when I have questions.

[northernladuk]

Yep, there are people on here who do all their accounts themselves, using FA. It's not all that tough. I do everything myself except the CT calculation/submission

I haven't gone 100% DIY because I like a fresh pair of eyes over things at the end of the year and the option of having someone to ask when I have questions.

Not very many. Plenty that come on saying they want to do it and then asking a host of really basic questions when it's all going wrong though.

[ladymuck]

I didn't try to quantify how many. I just know that they do exist! I don't use FA so can't help with any specific questions on that side of things

[siphr]

Yep, there are people on here who do all their accounts themselves, using FA. It's not all that tough. I do everything myself except the CT calculation/submission

I haven't gone 100% DIY because I like a fresh pair of eyes over things at the end of the year and the option of having someone to ask when I have questions.

I am considering this. How do you manage the payments to the accountants, do you keep them on for the whole year as a full-time service or do you pay one off for individual services?

[legal]

Yep, there are people on here who do all their accounts themselves, using FA. It's not all that tough. I do everything myself except the CT calculation/submission

I haven't gone 100% DIY because I like a fresh pair of eyes over things at the end of the year and the option of having someone to ask when I have questions.

Thank you.

Further to this, HSBC do not support FA for bank feed or atleast I cannot see an option listed. (I stand to be corrected.)
They do support QuickBooks. Any Accountant using QuickBooks please?

[ladymuck]

I am considering this. How do you manage the payments to the accountants, do you keep them on for the whole year as a full-time service or do you pay one off for individual services?

One annual payment on completion of the full set of accounts. Forgot to say they also do the final accounts prep and submission to CoHo in addition to CT.

Costs me about £500 + vat.

[ladymuck]

Thank you.

Further to this, HSBC do not support FA for bank feed or atleast I cannot see an option listed. (I stand to be corrected.)
They do support QuickBooks. Any Accountant using QuickBooks please?

Sage One connects directly to HSBC

[legal]

Sage One connects directly to HSBC

Yes the listed one's are: Xero, Sage and Quickbooks.

[Lance]

I want to change my accountant.

Looking for someone to help with setting up everything on FreeAgent. After 6 to 12 Months looking to stop using Accountant and do everything myself.

I don't mind starting with an Accountant for first year until one personal tax return is done and one company tax return is done.

Anyone done similar thing already?

Any Accountant posting here willing to help out?

I am an IT contractor with everything standard.

Quarterly VAT
Monthly payroll
Pension contribution
Personal Tax return
Company Tax return

Anything I am missing?

What you’re missing is the simple fact that the easiest part of doing this is setting up the accounts initially. If you need an accountant to do that but, what makes you think you can handle the rest yourself?