Is 2025 the year you need to start using an accountant?

Signs you and your business would benefit from working with an accountant

• You spent the Christmas break worrying about your accounts

If your silent night was more like sleepless nights when you worried about the tax return deadline, or

whether you had completed your tax return correctly, make 2025 the year you start working with an

accountant.

• You have unsustainable working hours

If your Boxing Day was spent on your laptop, trying to catch up on everything you failed to do before

Christmas, or trying to work out where to start with your tax return, it is time to get an accountant.

Research has shown that 80% of sole traders agree that working with an accountant has freed up

their time to concentrate on their business.

• You are starting a business

If you are starting a business in 2025, it is worth having a conversation with an accountant. Starting

with good and, more importantly, legal, procedures will give you the sound foundations your

business needs for growth. You can use an accountant on an ad hoc basis to help you with tax

returns and business planning, or every month to undertake your book-keeping and accountancy

services. Research has shown that 77% of sole traders agree that an accountant reduces their stress

and pressure.

When starting a business, you need to consider whether you will be a sole trader or a limited

company. An accountant can help with this decision.

• You are growing a business

If you are moving into your first premises, or employing your first employee, an accountant can help.

Your accounts are about to become more complex, with additional commitments. An accountant

can help manage those commitments and help protect your business.

• You have a growing tax bill

If your tax bill seems to grow each year with you seeing little benefit, it may be worth checking that

you are completing your tax return correctly. Tax allowances change and update on a fairly frequent

basis, so it is likely an accountant can immediately save you money and reduce your tax liability.

• You have no plan, reacting rather than being proactive

An accountant can help you produce a plan that is achievable and realistic. They can help you

monitor and amend when needed to keep your business on track.

• You are unclear on Budget Changes for 2025

This year we are seeing changes in National Insurance, National Living Wage and Employment

Allowance. If you are glazing over, and are worried about what that means for your business and

what you need to do, speak to an accountant.

Help is here

Whatever stage of business, an accountant can help. It may be ad hoc support as and when needed

to help with loan applications, tax questions, or business planning. It may be beneficial to have

regular support and use an accountant as part of your team to support your decision-making and

strategic planning.

Save you time and money

We are confident we will save you time and money. Business owners often "forget" the cost of

completing tasks themselves and how that time could be used in the business to create more

revenue. Multitasking, and fitting in tasks around other roles, can lead to mistakes, and be more

time draining than using a professional who has the dedicated time and skills to complete the task

more efficiently.

How Hedges Quinn can help

We become part of our clients' teams. We get to know our clients and their ambitions, to help them

achieve their business goals.

We can help to:

• Prepare your tax return, saving you time and money
• Manage your payroll
• Advise on appropriate company structure
• Support the formulation of a business plan with forecasting
• Keep your business legal and compliant
• Be a sounding board for strategic decisions
• Give you time to do what you love, leaving us to do

Give us a call and make 2025 the year for your business.