Reducing the cost.
WHAT THEY NEED
Complete records for the period Supporting documents Bank statements Anything unusual explained
WHAT COSTS YOU MONEY
Records that are incomplete Documents that are disorganised Questions they must chase you for
THE COST RELATIONSHIP
Their fee depends heavily on how much work your records require.
Organised records cost less to process.
WHAT TO PROVIDE
Records in the format they prefer.
Ask them.
WHAT TO ORGANISE
By period By category With documents matched to entries
WHAT TO EXPLAIN
Anything unusual: a large one-off cost, a change in the business, a transfer.
WHAT TO ASK THEM
Whether anything is missing Whether your records could be improved What you should do differently
THAT LAST QUESTION
Produces advice that saves you money every year afterwards.
WHEN TO SEND RECORDS
Promptly after the period ends.
Not at the deadline.
