
Based on checking the website, Theonlineaccountants.uk provides online accountancy services specifically tailored for businesses and self-employed individuals in the UK.
They focus on year-end accounts filing, self-assessment tax returns, and partnership accounts.
The service aims to offer a cost-effective, convenient, and efficient alternative to traditional accounting firms, leveraging cloud accounting software integrations and a remote operating model.
For anyone looking to manage their business’s statutory financial obligations with a streamlined online approach, this service appears to directly address those needs, emphasizing affordability and quick turnaround times.
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Theonlineaccountants.uk Review & First Look
Theonlineaccountants.uk positions itself as a low-cost, nationwide online accountancy service for UK businesses, freelancers, contractors, and partnerships.
My initial look at their website reveals a clear focus on core accountancy services, primarily centered around statutory filings.
They highlight affordability, with clear pricing tiers based on company size sales and assets, and emphasize convenience through their online-only model.
Understanding Their Core Service Offering
Their main offerings include:
- Company Accounts Filing: Starting from £299 for small companies, with tiers for medium and large companies. This includes iXBRL accounts filed to Companies House and Corporation Tax calculated with CT600 return filed to HMRC.
- Self-Employed Accounts: Priced from £399, encompassing self-assessment tax returns and accounts.
- Self-Assessment Tax Returns: Available as a standalone service from £199.
- Partnership Accounts: Starting from £499, including partnership tax returns SA800.
They also claim a typical turnaround time of 7-14 days for year-end accounts, with a 48-hour expedited option for limited company accounts by prior arrangement.
This speed is a significant selling point, especially for businesses facing imminent filing deadlines.
Initial Impressions on Trust and Transparency
The website prominently features Trustpilot reviews, aiming to build immediate credibility.
While specific star ratings or overall scores aren’t always explicitly stated next to the testimonials, the inclusion of “The Online Accountants Searching for an accountant online with outstanding reviews?” suggests a positive aggregate.
This transparency regarding their professional body is a strong indicator of legitimacy and professionalism.
Theonlineaccountants.uk Pricing
Understanding the pricing structure is key for any potential client.
Theonlineaccountants.uk employs a tiered pricing model that is straightforward and based on the size of the business, primarily determined by sales and assets.
This approach allows businesses to quickly identify the relevant cost for their specific needs without hidden fees.
Detailed Breakdown of Pricing Tiers
The pricing is clearly laid out for different business entities:
-
Small Company Accounts:
- Price: £299 + VAT
- Criteria: Sales up to £30,000 & Assets up to £100,000
- Inclusions: Everything required for statutory filing obligations, compliance with FRS 105 Micro-Entity or FRS 102 Small Entities Regime, iXBRL Accounts filed to Companies House, Corporation Tax calculated & CT600 Return filed to HMRC, and a review of your bookkeeping.
-
Medium Company Accounts:
- Price: £499 + VAT
- Criteria: Sales up to £100,000 & Assets up to £250,000
- Inclusions: Similar to the small company tier, but for larger financial scales, also including a review of your bookkeeping.
-
Large Company Accounts:
- Price: £699 + VAT
- Criteria: Sales up to £250,000 & Assets up to £500,000
- Inclusions: Comprehensive statutory filing, bookkeeping review, and tax calculations for businesses in this higher bracket.
Pricing for Other Services
Beyond limited company accounts, they also offer:
- Self-Employed Accounts: From £399. This service includes the self-assessment tax return and accounts for self-employment, plus one additional income source.
- Self-Assessment Tax Returns: From £199, if you only need the tax return completed.
- Partnership Accounts: From £499. This service includes bookkeeping review, accounts preparation, and the Partnership Tax Return SA800.
Factors Influencing Price
The website mentions that for businesses exceeding the advertised tiers Sales over £250k & Assets over £500k for “Large” companies, a bespoke quote is required.
This indicates flexibility for larger or more complex entities.
The “HELP me choose!” feature suggests an effort to guide clients to the correct tier, reducing potential confusion.
Fixed fee pricing offers peace of mind, ensuring clients know the cost upfront, and they offer a full money-back guarantee if expectations aren’t met prior to filing.
Theonlineaccountants.uk Pros & Cons
When evaluating an online service, it’s crucial to weigh the advantages against any potential drawbacks.
Theonlineaccountants.uk presents a compelling case for small to medium-sized businesses and self-employed individuals in the UK, but like any service, it comes with its own set of characteristics.
Theonlineaccountants.uk Pros
- Cost-Effectiveness: Being an online-only operation, they have fewer overheads, allowing them to offer competitive fees compared to traditional brick-and-mortar accountancy firms. This is particularly appealing for startups and small businesses with tighter budgets. Their fixed-fee pricing structure ensures transparency and predictability in costs.
- Convenience and Accessibility:
- Remote Access: Clients can access their financial information and receive assistance from anywhere, at any time, without needing to travel for in-person meetings. This is a significant time-saver, especially for busy entrepreneurs.
- Online Portal: Secure document exchange platforms ensure that sensitive financial data is shared safely for approval before filing to HMRC and Companies House.
- Efficiency and Turnaround Time:
- Fast Service: A typical turnaround time of 7-14 days for year-end accounts, with a 48-hour expedited option for urgent limited company filings, is impressive and crucial for meeting deadlines.
- Streamlined Process: Their integration with popular cloud accounting software Xero, QuickBooks, Sage, etc. simplifies the data transfer and preparation process.
- Expertise and Qualification:
- ACCA Authorisation: The website explicitly states they are “fully qualified and authorised by one of the leading accountancy profession bodies, the Association of Chartered Certified Accountants ACCA.” This is vital in the UK, where the term “accountant” is not legally protected, assuring clients of professional standards and qualifications.
- Dedicated Accountant: Clients are allocated a dedicated qualified accountant, providing unlimited support and real-time assistance, which can be invaluable for navigating complex tax and accounting issues.
- Tax Planning and Business Growth Focus: They claim to review profit extraction strategies annually, focusing on efficient use of salaries, benefits in kind, and dividends to maximize tax efficiency. This indicates a proactive approach to helping businesses retain more of their earnings.
- Positive Testimonials: The presence of client reviews, particularly from FindanAccountant.co.uk and direct quotes on their site, adds a layer of social proof and suggests client satisfaction.
Theonlineaccountants.uk Cons
- Lack of In-Person Interaction: For businesses or individuals who prefer face-to-face meetings or a more traditional client-accountant relationship, the online-only model might feel impersonal. While convenient, it lacks the direct human element some clients value.
- Reliance on Digital Proficiency: Clients need to be comfortable with online platforms, cloud accounting software, and digital communication methods chat, email, phone. While this is becoming standard, it might be a barrier for those less tech-savvy.
- Limited Scope for Highly Complex Cases: While they cater to “Large Company Accounts” up to £250k sales and £500k assets, exceptionally large or highly complex financial structures with intricate international tax implications or bespoke advisory needs might require a more bespoke, traditional firm. They do offer bespoke quotes for businesses exceeding their advertised tiers, indicating they can handle more, but the standard package might not cover all niche complexities.
- Dependent on Client’s Bookkeeping Quality: Although they review bookkeeping for obvious errors, the efficiency of their service is inherently tied to the quality and organization of the client’s initial financial records and software usage. Significant errors in client-maintained books could lead to delays or additional work.
- Geographical Limitation UK-focused: While nationwide within the UK, their services are specifically geared towards UK tax and accounting regulations. This is not a con for their target audience but a limitation for international businesses or individuals with non-UK financial interests.
Theonlineaccountants.uk Features
Theonlineaccountants.uk offers a suite of features designed to make accounting and tax compliance as seamless and efficient as possible for UK businesses and self-employed individuals.
Their focus is on leveraging technology to deliver core accountancy services.
Key Features of Their Service
- Year-End Accounts Filing: This is a cornerstone of their offering. They prepare statutory accounts for limited companies, ensuring compliance with FRS 105 Micro-Entity or FRS 102 Small Entities Regime. These accounts are then filed in iXBRL format to Companies House.
- Corporation Tax Calculation & Filing CT600: Alongside accounts, they handle the calculation of corporation tax liability and file the CT600 return to HMRC, ensuring businesses meet their tax obligations.
- Self-Assessment Tax Return Preparation & Filing: For self-employed individuals, freelancers, and those with other income sources, they provide comprehensive self-assessment tax return services, including the preparation of associated accounts.
- Partnership Accounts & SA800 Filing: They offer specialized services for partnerships, including the preparation of partnership accounts and the filing of the SA800 partnership tax return.
- Dedicated Qualified Accountant: Each client is assigned a dedicated ACCA-qualified accountant. This provides a single point of contact for ongoing support, real-time advice, and personalized financial assistance, moving beyond a transactional service.
- Cloud Accounting Software Integration: They are proficient with a wide range of popular cloud-based bookkeeping software, including Xero, QuickBooks, Sage, QuickFile, FreeAgent, Zoho, and FreshBooks. This flexibility means businesses don’t need to switch their existing systems. They work with your data to prepare year-end accounts.
- Tax Planning Review: They offer an annual review of profit extraction strategies. This includes advising on the efficient use of salaries, benefits in kind, and dividends to maximize tax efficiency and ensure clients retain more of their hard-earned cash.
- Making Tax Digital MTD Readiness: With MTD for Income Tax Self Assessment ITSA on the horizon, they assist clients in converting to digital bookkeeping records and submitting quarterly income and expense summaries to HMRC, ensuring compliance with future regulations.
- Fast Turnaround Times: They boast a typical turnaround of 7-14 days for year-end accounts. For urgent limited company accounts, a 48-hour turnaround is available by prior arrangement, which is a significant advantage for businesses nearing deadlines.
- Secure Document Exchange: All accounts and sensitive documents are uploaded to an encrypted document exchange platform for client approval before submission to HMRC and Companies House, ensuring data security and privacy.
- Money-Back Guarantee: They offer a full money-back guarantee if they do not fully meet client expectations prior to the filing of accounts or tax returns, demonstrating confidence in their service quality.
- Cost-Effective Fixed Fees: Their tiered pricing model provides clear, upfront costs with no hidden charges, allowing businesses to budget effectively for their accountancy needs.
Theonlineaccountants.uk Alternatives
For UK businesses and individuals seeking online accountancy services, Theonlineaccountants.uk is one option, but the market offers several alternatives, each with its own strengths, pricing models, and target audience.
Exploring these can help you find the best fit for your specific needs.
Direct Online Accounting Competitors
- Crunch Accounting: A prominent online accountant in the UK, Crunch offers comprehensive packages that often include bookkeeping, payroll, VAT returns, and year-end accounts. They are particularly popular with freelancers, contractors, and small limited companies. Their pricing is typically subscription-based, offering various tiers with different levels of support and included services. They are known for their integrated online platform and dedicated account managers.
- FreeAgent with partner accountants: While FreeAgent is primarily cloud accounting software, many accountancy firms partner with FreeAgent to provide services. Some firms offer “FreeAgent-only” packages where the software is included in the accountancy fee. This can be a good option if you want a tightly integrated software and service solution.
- QuickBooks Live/Online Accountants: Similar to FreeAgent, QuickBooks is widely used software. Many accountants specifically offer services tailored to QuickBooks users. QuickBooks itself has an Accountant Directory where you can find firms that specialize in their platform, often offering fully remote services.
- Xero-affiliated Accountants: Xero is another leading cloud accounting software. A vast network of accountants and bookkeepers are Xero-certified partners, providing remote services. These firms often build their service packages around Xero’s functionalities, offering comprehensive support from basic bookkeeping to advanced advisory.
- ClearSky Accounting formerly SJD Accountancy: Specializing in contractors and freelancers, ClearSky offers online accountancy services with a strong focus on personal service and tax efficiency. They provide a range of packages that include year-end accounts, self-assessment, and IR35 advice.
- GoSimpleTax Self-Assessment focused: If your primary need is solely for self-assessment tax returns, GoSimpleTax offers a user-friendly platform for individuals to file their own returns. While not a full accountancy service, it’s a popular alternative for those who manage their own books and just need help with the final submission.
- Local Online Firms: Many smaller, independent accountancy practices are now offering fully online or hybrid services. A quick local search for “online accountant ” might yield results for firms that offer a blend of personalized service with the convenience of remote operations, sometimes at competitive rates.
Key Considerations When Choosing an Alternative
When evaluating alternatives, consider these factors:
- Scope of Services: Do you need just year-end accounts, or a full suite including bookkeeping, payroll, and VAT?
- Pricing Model: Do you prefer fixed fees, tiered packages, or hourly rates?
- Cloud Software Compatibility: Does the accountant work with your preferred software Xero, QuickBooks, Sage, etc.?
- Level of Support: How much direct interaction do you need? A dedicated accountant versus a more transactional service?
- Specialization: Does the firm specialize in your business type e.g., contractors, e-commerce, small limited companies?
- Reviews and Reputation: Check independent review sites like Trustpilot, Google Reviews, and professional directories.
How to Cancel Theonlineaccountants.uk Subscription
Based on the information available on their website, Theonlineaccountants.uk primarily offers “annual accountancy services” and “year-end accounts orders.” This implies a service-based engagement rather than a typical recurring monthly subscription like a software platform.
Therefore, “cancelling a subscription” would more accurately refer to not renewing their annual service or stopping an ongoing engagement for a specific filing.
Understanding Their Service Model for Cancellation
The website mentions “Our cost effective annual accountancy service.” This suggests that clients engage them for a specific period, typically for a financial year, to handle their statutory filings.
There isn’t an explicit “cancel subscription” button or a dedicated cancellation policy page prominently displayed for ongoing monthly services.
- Annual Engagements: If you’ve paid for an annual service e.g., year-end accounts for a specific period, the service concludes once the accounts are filed and the relevant tax returns submitted. There isn’t typically a “cancellation” in the middle of a completed service.
- Ongoing Work/Future Engagements: If you decide not to use their services for the next financial year, or if you have an ongoing project that you wish to terminate, the process would likely involve direct communication.
Recommended Steps for Cancelling/Not Renewing
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Direct Communication is Key: The most effective way to cancel or indicate non-renewal is to contact them directly.
- Phone: Their website lists a phone number:
0345 652 1967
Local Rate. This is often the quickest way to speak to someone. - Contact Form/Email: They have a “Get in Touch” section and mention a contact form. Using this or finding a direct email address which is usually
[email protected]
or a similar format based on industry standards, though not explicitly listed for general contact would be the formal written route. - Live Chat: The website also suggests starting a “chat” if you need more information before ordering. This chat function might also be available for existing clients to discuss their accounts or service cessation.
- Phone: Their website lists a phone number:
-
State Your Intention Clearly: When you contact them, clearly state that you wish to:
- Not renew their services for the upcoming financial year.
- Terminate an ongoing engagement if applicable, specifying the service you wish to stop.
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Confirm Any Outstanding Obligations:
- Ask if there are any outstanding fees or filings that need to be completed before your service can be fully concluded.
- Inquire about the handover of any documents or access to your financial records that they may hold.
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Seek Written Confirmation: Always request written confirmation via email that your service will not be renewed or that your engagement has been terminated. This provides a clear record for your files.
Important Note on Their Money-Back Guarantee
The website states: “You will also have total peace of mind as we offer a full money back guarantee if we do not fully meet your expectations prior to filing of your accounts or tax returns.” This specific guarantee applies before filings are submitted. If you are dissatisfied with the service before the work is completed and filed, this guarantee might be relevant. However, it’s not a general cancellation policy for an ongoing subscription model.
Given that Theonlineaccountants.uk is primarily a service provider for specific statutory filings rather than a recurring software subscription, the cancellation process is likely a matter of non-renewal or clear communication regarding the termination of an ongoing accounting task.
Theonlineaccountants.uk vs. Traditional Accountants
The choice between an online accountancy service like Theonlineaccountants.uk and a traditional, local accounting firm is a significant one for businesses and individuals.
Each model offers distinct advantages and disadvantages, catering to different preferences and operational needs.
Theonlineaccountants.uk Online Model
Advantages:
- Cost-Effectiveness: This is perhaps the biggest draw. Online firms typically have lower overheads no fancy offices, fewer administrative staff dedicated to in-person client management, allowing them to pass savings on to clients. Their tiered, fixed-fee pricing e.g., £299 for small company accounts is often significantly lower than traditional firms.
- 24/7 Access: You can access your financial data and communicate with your accountant from anywhere, at any time, using secure online portals and cloud platforms. No need to schedule in-person meetings or worry about office hours.
- No Travel: Eliminates the need to commute to an accountant’s office, saving time and transportation costs.
- Efficiency and Speed:
- Streamlined Processes: Online workflows and integration with cloud accounting software Xero, QuickBooks, etc. can make data exchange and processing quicker.
- Faster Turnarounds: Theonlineaccountants.uk boasts 7-14 day turnarounds, and even 48-hour expedited options, which can be crucial for meeting deadlines.
- Scalability: Online services are often well-suited to handle a growing number of clients efficiently, as their systems are designed for remote work.
- Transparency: Fixed-fee pricing models often provide clear upfront costs, reducing surprises.
Disadvantages:
- Less Personal Interaction: While a dedicated accountant is assigned, the relationship is primarily digital email, chat, phone. Businesses that prefer face-to-face discussions or a deeper, more personal rapport might find this lacking.
- Reliance on Technology: Clients must be comfortable using online platforms and cloud accounting software. Technical glitches or a lack of digital literacy can be a barrier.
- Less Suited for Highly Complex, Niche Advisory: While capable of handling standard statutory filings and tax planning, very complex tax structures, specialized industry needs, or highly intricate advisory services might still benefit from the nuanced, bespoke approach of a traditional firm.
- Lack of Local Knowledge: A local accountant might have a better understanding of local business networks, grants, or specific regional tax incentives.
Traditional Accountants Local, Brick-and-Mortar Model
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Personalized Relationship: Often involves regular face-to-face meetings, leading to a deeper understanding of your business and a stronger personal connection. This can be invaluable for complex discussions or when you need a trusted advisor.
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Comprehensive Advisory Services: Traditional firms often offer a broader range of advisory services beyond compliance, including business strategy, succession planning, M&A support, and detailed financial forecasting, tailored to your specific needs.
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Local Network and Expertise: May have strong local connections, knowledge of local business conditions, and be able to provide referrals to other local professionals e.g., lawyers, bankers.
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Hand-Holding for Non-Tech-Savvy Clients: Can be more accommodating for clients who prefer paper documents or are less comfortable with digital platforms.
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Perceived Security/Trust: For some, a physical office provides a sense of greater security and trust, knowing where their accountant is based.
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Higher Costs: Generally, traditional firms have higher overheads office rent, utilities, more administrative staff which are passed on to clients through higher fees. They often charge hourly rates, which can be less predictable.
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Less Convenient: Requires scheduled appointments, travel to their office, and adherence to their business hours. This can be time-consuming for busy entrepreneurs.
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Slower Turnaround Times: While not always the case, traditional firms can sometimes have longer processing times due to manual processes or higher client loads spread across a less integrated digital system.
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Geographical Constraints: You are typically limited to accountants within a reasonable commuting distance.
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Less Integration with Cloud Software Potentially: While many traditional firms are adopting cloud software, some may still rely on older, less integrated systems, potentially making data exchange more cumbersome.
Which to Choose?
- Choose Theonlineaccountants.uk if: You are a small to medium-sized business, freelancer, or contractor with relatively straightforward financial needs, prioritize cost-effectiveness and convenience, are comfortable with digital communication and cloud accounting, and need efficient, compliant filing.
- Choose a Traditional Accountant if: You have a highly complex business, prefer in-person interactions and a deep personal relationship, require extensive advisory services beyond compliance, or are less comfortable with purely online interactions.
Many businesses now opt for a hybrid approach, using online services for basic compliance and seeking specialized traditional advice when specific complex issues arise.
The key is to assess your own needs, budget, and comfort level with technology.
How to Switch to Theonlineaccountants.uk
Switching accountants can seem like a daunting task, but with online services like Theonlineaccountants.uk, the process is often more streamlined than moving between traditional firms.
The key is communication and proper handover of documentation.
Steps to Transition to Theonlineaccountants.uk
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Initial Contact and Quote:
- Visit Their Website: Start by navigating to Theonlineaccountants.uk.
- Determine Your Service Needs: Identify whether you need limited company accounts, self-assessment, or partnership accounts, and which tier your business falls into Small, Medium, Large Company based on sales and assets.
- Get a Quote: Use their online pricing tiers or the “HELP me choose!” option. If your business exceeds the standard tiers, contact them directly for a bespoke quote. This confirms the cost upfront.
- Ask Questions: If you have any uncertainties about their service, compatibility with your existing software, or the transition process, use their chat function, contact form, or phone number to get answers.
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Engage Their Services:
- Place Your Order Online: Once satisfied with the quote and understanding of the service, you can typically “Order now” directly from their website.
- Provide Initial Information: You’ll likely be prompted to provide basic business details, contact information, and perhaps an indication of your current accounting software.
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Inform Your Previous Accountant:
- Professional Courtesy: It’s standard practice to inform your current accountant of your decision to move. A simple email or phone call stating your intention to switch is sufficient.
- Letter of Disengagement: Many clients send a formal “letter of disengagement” or “professional clearance letter” to their old accountant. This officially ends your agreement.
- Authorize Professional Clearance: Your new accountant Theonlineaccountants.uk will typically send a “professional clearance letter” to your old accountant. This is a professional courtesy between firms, requesting all relevant documents and information related to your accounts and tax history. This process is mandatory under professional ethical guidelines for accountants.
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Data Handover and Onboarding:
- Provide Access to Data: Theonlineaccountants.uk states they work with all major cloud accounting software Xero, QuickBooks, Sage, etc.. You will need to grant them appropriate access to your existing bookkeeping records. If you use desktop software or manual records, they will advise on the best way to transfer data e.g., exporting reports, providing summaries.
- Share Previous Filings: Provide copies of your most recent filed accounts, tax returns, and any relevant financial statements. This helps them understand your financial history and ensures continuity.
- Dedicated Accountant Allocation: As per their website, you will be allocated your own dedicated qualified accountant. They will be your primary point of contact for ongoing support and the transition.
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Review and Approval:
- Bookkeeping Review: They will review your bookkeeping for any obvious errors before preparing the statutory accounts.
- Account Preparation: Your dedicated accountant will prepare your statutory accounts and calculate your tax liability.
- Secure Approval: These documents will be sent to you securely via their encrypted document exchange platform for your review and approval prior to filing. Ensure you understand and agree with everything before giving your final sign-off.
Key Information to Prepare for the Switch:
- Companies House and HMRC Access Codes: Your Authentication Code for Companies House and Government Gateway ID for HMRC will be crucial.
- Previous Financial Records: This includes trial balances, profit & loss statements, balance sheets, and bank statements.
- VAT Registration Number if applicable.
- Payroll details if applicable.
- Any loan agreements or significant asset purchase details.
- A list of any previous tax deadlines.
By following these steps, and leveraging Theonlineaccountants.uk’s online-focused process, you can achieve a smooth and efficient transition to their services.
3. Frequently Asked Questions 20 Real Questions + Full Answers
What services does Theonlineaccountants.uk offer?
Theonlineaccountants.uk primarily offers year-end accounts filing for limited companies, self-assessment tax return preparation for self-employed individuals, and partnership accounts filing.
They also provide tax planning advice and support for Making Tax Digital MTD compliance.
How much does Theonlineaccountants.uk cost?
The cost varies based on the service and the size of your business.
For limited companies, prices start from £299 + VAT for small companies sales up to £30k & assets up to £100k. Self-employed accounts start from £399, and self-assessment tax returns from £199. Partnership accounts are priced from £499.
Is Theonlineaccountants.uk a qualified accountancy firm?
Yes, Theonlineaccountants.uk states they are fully qualified and authorised by the Association of Chartered Certified Accountants ACCA, which is one of the leading accountancy professional bodies in the UK. Innovationtechies.com Reviews
How long does Theonlineaccountants.uk take to complete accounts?
They state a typical turnaround time of 7-14 days for completing year-end accounts.
For urgent limited company accounts, a 48-hour turnaround can be arranged by prior agreement.
Does Theonlineaccountants.uk offer a free trial?
No, the website does not mention a free trial for their services.
Their model is based on fixed-fee orders for specific accounting tasks rather than a subscription with a trial period.
How do I contact Theonlineaccountants.uk?
You can contact them via their phone number 0345 652 1967, through their online contact form, or by using the live chat feature on their website during normal office hours Mon – Fri, 9:00-17:00. Reclaime.com Reviews
Can Theonlineaccountants.uk work with my existing accounting software?
Yes, they state they are able to work with all major cloud bookkeeping software providers, including Xero, QuickBooks, Sage, QuickFile, FreeAgent, Zoho, and FreshBooks.
Do I get a dedicated accountant with Theonlineaccountants.uk?
Yes, as soon as you sign up, you will be allocated your own dedicated qualified accountant who will provide unlimited support and real-time assistance.
Is Theonlineaccountants.uk suitable for large businesses?
Theonlineaccountants.uk offers tiered services up to “Large Company Accounts” for businesses with sales up to £250k and assets up to £500k.
For businesses exceeding these figures, they offer bespoke quotes, indicating flexibility for larger clients.
What is included in the Company Accounts filing service?
The Company Accounts filing service includes everything needed to fulfil your statutory filing obligations, iXBRL Accounts filed to Companies House, Corporation Tax calculated & CT600 Return filed to HMRC, compliance with FRS 105 or FRS 102, and a review of your bookkeeping. Relaxedliving.dk Reviews
Does Theonlineaccountants.uk help with Making Tax Digital MTD?
Yes, they can help businesses convert to digital bookkeeping records and submit quarterly income and expense summaries to HMRC with ease, assisting with MTD ITSA compliance.
Is my financial data secure with Theonlineaccountants.uk?
Yes, they state that all accounts will be uploaded to their encrypted document exchange platform for your approval prior to filing to HMRC and Companies House, ensuring data security.
What is the money-back guarantee policy?
They offer a full money-back guarantee if they do not fully meet your expectations prior to the filing of your accounts or tax returns.
How does Theonlineaccountants.uk differ from traditional accountants?
Theonlineaccountants.uk is an online-only service, offering lower costs due to fewer overheads, greater convenience 24/7 access, no travel, and faster turnaround times.
Traditional accountants often provide more in-person interaction and a broader range of advisory services. Absoluteshutters.co.uk Reviews
Can Theonlineaccountants.uk handle dormant company accounts?
Yes, they can file “dormant” accounts if your company has had no ‘significant’ transactions.
Do they offer tax planning advice?
Yes, they offer a review of your profit extraction strategy each year to help you achieve maximum tax efficiency through the efficient use of salaries, benefits in kind, and dividends.
What do I need to provide to Theonlineaccountants.uk to get started?
You would typically need to provide access to your bookkeeping records e.g., via cloud software, previous financial statements, tax returns, and relevant statutory information like Companies House authentication codes.
Are the reviews on Theonlineaccountants.uk website genuine?
The website displays reviews from platforms like FindanAccountant.co.uk and direct testimonials from clients, suggesting they source genuine feedback.
They encourage prospective clients to “see what our clients have to say about us.” Desirable-equine.co.uk Reviews
How do I switch to Theonlineaccountants.uk from my current accountant?
You would typically contact Theonlineaccountants.uk to order services, then inform your previous accountant.
Theonlineaccountants.uk will then send a professional clearance letter to your old accountant to request the necessary documents and information.
Does Theonlineaccountants.uk offer support for IR35 complications for contractors?
They advise contractors with IR35 complications to contact them first before ordering to confirm requirements and pricing, indicating they can address these situations.
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