Accountant services after initiating company closure

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WTFH replied

5 November 2019, 09:38
Originally posted by jarjarbinks View Post

Hi,

I am planning on closing down my company via an MVL.
Once my accountant has filed this years company return and my personal return, how much longer should we ideally keep the accountant s services going ?

Also he’s always provided me copies of company accounts but never the actual workings .. I was thinking of asking him for the same and wanted to know if there is any other documentation I should ask him for before eventually stopping his services .

Thanks a lot

Sent from my iPhone using Contractor UK Forum

Well, the first thing to check is whether you are paying the accountant a monthly fee or a 1/12th of a yearly fee per month. If it's the latter, then you'll be paying at least until the end of your contractual year with them. If it's the former, then you can stop paying them when you want.

Make sure you've left enough money to pay HMRC their pound of flesh for the year.
Leave a comment:
craigy1874 replied

5 November 2019, 09:37
Originally posted by jarjarbinks View Post

Hi,

I am planning on closing down my company via an MVL.
Once my accountant has filed this years company return and my personal return, how much longer should we ideally keep the accountant s services going ?

Also he’s always provided me copies of company accounts but never the actual workings .. I was thinking of asking him for the same and wanted to know if there is any other documentation I should ask him for before eventually stopping his services .

Thanks a lot

Sent from my iPhone using Contractor UK Forum

After that you will only need them for personal tax.

They won't provide you with their working papers.
Leave a comment:
jarjarbinks started a topic Accountant services after initiating company closure

5 November 2019, 09:18
Accountant services after initiating company closure

Hi,

I am planning on closing down my company via an MVL.
Once my accountant has filed this years company return and my personal return, how much longer should we ideally keep the accountant s services going ?

Also he’s always provided me copies of company accounts but never the actual workings .. I was thinking of asking him for the same and wanted to know if there is any other documentation I should ask him for before eventually stopping his services .

Thanks a lot

Sent from my iPhone using Contractor UK Forum
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