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- May 27, 2010
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I run a small online business with a partner and it is a limited company. Our turnover is very small and each year just scrape to break even.
We have been paying an accountant to do our Accounts and his fees increase each year. Last year they were £700.
It has been suggested we scrap the accountantant and do unaudited short accounts for companies house.
We do our own VAT Return every quarter ourselves without difficulty and seek advise on moving to unaudited accounts.
Are there any pitfalls or things we need to be aware of before deciding ?
We have been paying an accountant to do our Accounts and his fees increase each year. Last year they were £700.
It has been suggested we scrap the accountantant and do unaudited short accounts for companies house.
We do our own VAT Return every quarter ourselves without difficulty and seek advise on moving to unaudited accounts.
Are there any pitfalls or things we need to be aware of before deciding ?