Because…

  1. Doing the accounts takes you away from your real business
  2. An accountant could do the job quicker and more accurately
  3. An accountant could save you money in the form of tax-savings as well as sometimes finding other areas for savings and efficiencies.
  4. Professionally produced year end accounts will be taken more seriously by banks and other lenders
  5. Your accountant can help you get the most out of your business
  6. Recommending the right VAT scheme (if registration is appropriate – and sometimes it is, even if you are trading below the VAT threshold)
  7. There are penalties for getting things wrong (and ignorance is no defence)

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