Different types of accountants?

Discussion in 'Accounts & Finance' started by RBS, Aug 2, 2017.

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  1. RBS

    RBS UKBF Ace Free Member

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    Good evening business people,

    I`m looking for accountant/consultant, but was wondering are the different types of accountants, who specialize in their own field? Or accountant is accountant and should be able to consult/do books for any type of business?

    I mean minicab business, which involves lot of options for car financing. Do I need to look for one who specializes in taxi business?

    Thank you
     
    Posted: Aug 2, 2017 By: RBS Member since: Jul 13, 2009
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  2. STDFR33

    STDFR33 UKBF Big Shot Free Member

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    There nothing specialist in car financing. Most l, if not all practice accountants will have deal with this.

    One of the things to watch out for whether or not it is worth voluntarily registering for VAT if you are not already registered.
     
    Last edited: Aug 2, 2017
    Posted: Aug 2, 2017 By: STDFR33 Member since: Aug 7, 2016
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  3. MyAccountantOnline

    MyAccountantOnline UKBF Legend Full Member

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    Yes it's quite common for accountants to specialise in acting for certain types of clients, trades or professions, that said I think you'd find most accountants who deal with small businesses would be quite able to deal with your requirements and explain the tax implications of different financing options.
     
    Posted: Aug 3, 2017 By: MyAccountantOnline Member since: Sep 24, 2008
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  4. RBS

    RBS UKBF Ace Free Member

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    As far as I understand I can register for VAT from day 1 without any restrictions.
     
    Posted: Aug 3, 2017 By: RBS Member since: Jul 13, 2009
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  5. STDFR33

    STDFR33 UKBF Big Shot Free Member

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    You can voluntarily register at any time. The question is whether or not it is beneficial to do so.
     
    Posted: Aug 3, 2017 By: STDFR33 Member since: Aug 7, 2016
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