What to look for when choosing an

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A business needs an accountant as early as at the planning stage. I always advise businesses to hire an accountant as early as they can because when an accountant is hired at the initial stages of making the company he will understand the company better, he will be there for you to provide you cash flow forecasts, feasibility reports and also he can play a role in structuring your company as well as company formation process.

A good accountant will not only do bookkeeping but he will look after your finances and help your business grow.

An accountant who is also a financial advisor today has a vital role and therefore you should choose an accountant very wisely. We have discussed a few things which you should be looking for when choosing an accountant.

1: Know your requirements:

You should be very clear in what you want from your accountant and then you can choose whether you can engage a simple book keeper or you want an ACCA or an ACA. If you want to grow your business it might be a good idea to have an ACCA or ACA on board so they can give you financial advice, save you money and also help your business grow.

2: Where the accountants are based

Whether the location of your accountant matters to you or not depends on your individual priorities. Many businesses prefer giving their accountants all the information online. They can even do all the meetings online and therefore the location doesn't matter to them. These days a lot of accountants are using cloud based technology which makes it easier for the clients to access their financial information from anywhere at any time.

3: If they have clients similar to yours

You should prefer an accountant who has experience in a business which is the same size as yours in terms of revenue and employees. It would be an added advantage if your accountants are already working with clients in the same business. This means they will understand your business better as they would be thoroughly aware of your individual industry requirement.

4: The fee structure

You should understand the fee structure of your client and their billing process.

You should be very clear of what fees they are charging for each service. Some accountants charge a monthly fee which includes all their taxes, others charge a monthly fee which only includes the book keeping and then separate fees for other business and personal taxes. Some accountants charge fees on an hourly basis. If you choose such an accountant who charges you hourly it would be a better idea to do the data entry on your own and then get them to prepare cash flow forecasts and do more of a financial planning,

If you are interested in an accountant who can do your bookkeeping or business and personal taxes contact Taxaccolega and our team of accountants will be happy to help you. We specialize in property tax, inheritance tax . We can save you costs by benefitting you with the relief that is available to your individual business.

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ID Verification Form For Companies House

From 18 November 2025, UK law will require all company Directors and Persons with Significant Control (PSCs) to verify their identity with Companies House.

Companies House will issue a personal code to PSCs.
Taxaccolega (ACSP) can help collect data and assist.
Please answer the questions and upload documents.

Personal Details

Fornames * Last Name * Date of Birth * Nationality * Place of Birth *

Contact Details

Current Address * Date you moved in at current address? * Previous Address(es) in last 12 months (if Any) Email * Phone *

Role in the Company *

I am a Director I am a Person with Significant Control (PSC)

Identity Documents

ID Document * Address Document *
Are you an Overseas Director and PSC? *

Additional (Overseas)

Overseas Supporting Docs *

Privacy & Consent

You are declaring that all documents and information provided by you are true and correct, you are consenting to use and store your personal data and consenting for Taxaccolega Chartered Accountants to act as Authorised Corporate Service Provider (ACSP) on your behalf.

I confirm that I have read and agree to the above Terms & Conditions and consent to the processing of my data by Taxaccolega Chartered Accountants for the purposes of identity verification with Companies House.

Terms & Conditions – Identity Verification Process

By submitting, you authorise Taxaccolega to process your data for ID verification with Companies House.

I agree to Terms*

1. Purpose of this Agreement
1.1 These Terms & Conditions apply to the collection and processing of personal data and identity documents required under the Economic Crime and Corporate Transparency Act 2023 and Companies House identity verification rules effective from 18 November 2025.
1.2 By submitting your details through our online form, you authorise Taxaccolega Chartered Accountants (as an Authorised Corporate Service Provider – ACSP) to process your information for the sole purpose of fulfilling the identity verification obligations set by Companies House.

2. Client Responsibilities
2.1 You confirm that all information and documents you provide are true, accurate, complete, and current.
2.2 You accept full responsibility for any false, misleading, or incomplete information supplied, and acknowledge that this may lead to penalties or rejection of your verification by Companies House.
2.3 You must notify us promptly of any change in your details (such as name, address, or role in the company) which may affect the verification process.

3. Our Role & Limitation
3.1 We act solely as an intermediary in submitting your information to Companies House.
3.2 We do not guarantee the acceptance, speed, or outcome of any identity verification by Companies House. The final decision rests solely with Companies House.
3.3 We shall not be liable for any loss, delay, penalty, or consequence arising from:
* (a) inaccurate or incomplete information provided by you,
* (b) delays or failures within Companies House systems,
* (c) rejection or failure of verification by Companies House, or
* (d) events outside our reasonable control.
3.4 Nothing in these Terms excludes liability for death, personal injury, fraud, or any liability which cannot be excluded under law..

4. Data Protection
4.1 We will process your personal data in accordance with the UK GDPR and the Data Protection Act 2018.
4.2 Your data will be used solely for the purpose of identity verification and related compliance requirements.
4.3 We will retain your information only as long as required by law or regulatory obligations.
4.4 We will not disclose your information to third parties other than Companies House or other parties legally entitled to it.

5. Client Consent
By ticking the consent box and submitting your details, you confirm that:
• You have read, understood, and agreed to these Terms & Conditions.
• You consent to Taxaccolega Chartered Accountants acting as your Authorised Corporate Service Provider (ACSP) for identity verification purposes.
• You consent to the processing, storage, and transfer of your personal data and documents in accordance with Section 4 above..

6. Governing Law & Jurisdiction
These Terms & Conditions are governed by and construed in accordance with the laws of England and Wales, and any disputes shall be subject to the exclusive jurisdiction of the courts of England and Wales.

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What to look for when choosing an accountant