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FAQ’s
FAQ’s
To advise on and set up the most appropriate structure for your business
To ensure you pay the correct amount of tax to the correct department at the right time
To advise you which expenses are deductible in your business and how to keep your personal expenditure separate from your business expenses
To help you determine the best way to finance a transaction, for example, should I lease or buy a particular asset
To assist you in understanding your year end financial statements
To put you in touch with finance providers such as banks
To advise you as to the most tax efficient way to withdraw money from your business
Do you offer a payroll service?
Yes, we do! We can take on the burden of having to run your payroll whether it is weekly, fortnightly or monthly. All this for a very minimal cost.
Can you save me tax?
The answer is, it depends. It may be that your current accountant has discovered every tax-saving initiative available and is already ensuring that your money is working for you in the most efficient way. However, if you’re not sure, then please do not hesitate to contact us for an initial meeting.
Is it easy to switch accountants?
The first step is to talk to us about how we can help you and we can then give you a quote. Once you have decided that L&T are the accounting firm for you, we will contact your previous accountant to inform them of the intended change, ask for clearance to act and request all of your accounting and tax records.
Most accountants are familiar with this process and respond with the required information within a reasonable period of time.
You can switch accountants at any point in the year, but the majority of our clients choose to do so shortly after the end of their financial year, but before their accountant has started any work on the accounts.