Clark Jamison

How do I choose an accountant?

First identify your priorities and look for someone with experience in your industry or area of finance. Check reviews, and assess communication style to ensure they can explain complex tax matters clearly. Lastly, consider their fees, availability, and use of technology to ensure they can meet your future needs effectively.

Can I do my own accounting?

Your valuable time should be spent doing what you do best. Identifying opportunities and tax savings for you and your business is best done by an accountant, so you can focus on driving the business forward via your own expertise. We at Clark Jamison assist in this growth by proactively providing tax advice designed to optimise your financial strategies while ensuring compliance with tax regulations.

Why should I find an accountant before I start my business?

Finding an accountant before starting your business is a smart move. They can help you choose the right business structure, set up your finances correctly from the start, and avoid costly mistakes. It’s easier and more beneficial cheaper to do things right from day one than to attempt to fix them later and miss valuable opportunities for savings and growth.

What services do accountants typically offer small businesses?

Accountants help small businesses with tax planning, financial reporting and strategic advice on business structure and tax mitigation to improve financial performance. They also offer bookkeeping, payroll management, fractional CFO services, assistance on budgeting and cashflow. This ensures both optimisation and compliance with legal and financial regulations.

What is tax planning?

Tax planning involves taking proactive steps to minimise your tax bill, by making smart financial decisions. This includes everything from using the right business structure, claiming allowable expenses, and timing income or purchases strategically.