Frequency Asked Questions

What do I bring with me to start the initial process?

For our initial meeting, there's no need to bring any specific documents. However, having a photo ID and any relevant business documents (like a business plan or existing financial statements) can be helpful for discussion purposes.

How do I set up a meeting or get in touch?

You can easily schedule a consultation with PMP Accountants by visiting our Contact Us page.

What are your opening hours?

Our dedicated team is available to assist you during our regular business hours: Monday to Friday, 8:30 AM to 5:00 PM.

Do I need an accountant?

While not everyone requires an accountant, it can be highly beneficial for individuals and businesses alike. PMP Accountants can help you save time and money by handling complex financial tasks, ensuring compliance, and offering valuable financial advice.

How do I change accountant to PMP Accountants?

To switch to PMP Accountants, simply contact us to discuss your requirements. Our friendly team will guide you through the process, including obtaining your financial records from your previous accountant. We'll handle the transition smoothly to minimise disruption to your business.

How long does it take to change accountants at PMP Accountants?

Transitioning your accountancy to PMP Accountants is typically seamless. We aim to complete the process efficiently, often within a few weeks. Our dedicated team will handle the transfer of your financial records and ensure continuity in your financial management.

What information does an accountant at PMP Accountants need from you?

At PMP Accountants, we require specific financial information to provide accurate and efficient accountancy services. This includes:

• Business structure (sole trader, partnership, limited company)
• Bank statements, invoices, and receipts
• Payroll records (if applicable)
• VAT records (if applicable)
• Business plans or projections (if available)

Our team will guide you through the necessary documentation and ensure a smooth onboarding process.

Do I need to keep receipts?

Yes, it's essential to keep accurate records of all financial transactions, including receipts. At PMP Accountants, we can advise you on the specific records you need to retain for tax purposes and help you implement efficient record-keeping systems.

Can PMP Accountants help me with business start-ups?

Absolutely. At PMP Accountants, we offer tailored support for business start-ups. Our team can assist with business structure advice, financial planning, and handling registrations with HMRC, providing you with the necessary guidance to establish your business successfully.

What is the difference between an accountant and a tax advisor at PMP Accountants?

While our team at PMP Accountants provides comprehensive accountancy services, we also offer specialised tax advice. Our accountants are equipped to handle your overall financial management, including tax planning and compliance. However, for complex tax matters, we can connect you with our dedicated tax specialists.

Can PMP Accountants help me with self-assessment tax returns?

Yes, our experienced team at PMP Accountants specialises in preparing and submitting self-assessment tax returns. We'll handle all aspects of the process, ensuring compliance with HMRC regulations and maximising your tax reliefs.

How long does it take to get my tax return back after submitting it through PMP Accountants?

The timeframe for receiving a tax refund can vary depending on factors such as the complexity of your tax return and HMRC processing times. However, our team at PMP Accountants is dedicated to preparing and submitting your tax return accurately and promptly to expedite the process.

Does it matter which software I already use for invoicing and general business administration?

No, it doesn't matter! At PMP Accountants, we are experienced with all leading business accounting software packages. We can seamlessly integrate with your existing system or recommend solutions that best suit your needs.