Questions and Answers

How do I change to a new accountant?

I want to change to a new accountant but how does the whole process work?

The good news is that changing to a new accountant is really an easy process for you!

1. Choose your new accountant

The first step is to contact the accountant you want to use and set up a meeting to discuss your business needs and agree a fee.

2. Make the switch

Once you have made the final decision on the new accountant most of the work is done between the two accountants. The new accountant will write to your previous accountant informing them you have decided to switch and ask them to provide all of your accounting and tax records that they hold.

All accountants are expected to provide the paperwork and records within a reasonable amount of time by their professional bodies, and they are familiar with the process.

3. Balance the books with your old accountant

Providing you have paid for any work your previous accountant has completed then there should not be a charge for the handover of any information. Some accountants may charge for 30 minutes of their time.

If you have paid in advance for any services that have not yet been completed on your behalf then you may be due a refund of fees from your old accountant.

Find out more about switching accountants here.

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Date published 23 Jan 2020 | Last updated 12 Jan 2023

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?