Frequently Asked Questions
Frequently Asked Questions (‘FAQs’)
We help individuals and owner‑managed businesses make sense of their finances, stay compliant with HMRC, and make confident decisions without unnecessary complexity.
Read our FAQs for more information on common topics. Clear advice, fixed fees, and a responsive service you can rely on.
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Pricing · Switching · Tax · VAT · Payroll · Bookkeeping · Software · Security · Working with us
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Getting started / Working with us
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We typically work with UK small businesses and individuals who want proactive support (not just year‑end compliance). If you’re not sure you “fit”, message us, we’ll tell you quickly and clearly.
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Yes, we work remotely with clients across the UK. Most records and approvals can be handled digitally.
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We’ll confirm what you need, agree scope and fees, then collect the essentials (identity checks, prior year info, bookkeeping access). We’ll keep it simple and tell you exactly what to send.
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Yes. If you’re behind, the priority is to (1) stabilise the situation, (2) get you compliant, and (3) put a repeatable system in place so it doesn’t happen again.
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It depends on what you need and how complete the information is. If you want, we can advise what you can prepare now to speed things up.
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Many firms, including us, use a free initial consultation to understand needs and propose the right scope; it reduces risk for both sides.
Pricing & fees
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We price based on what you need, how complex it is, and how well‑organised the records are. The goal is clarity and no nasty surprises.
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We can — it’s often the simplest option for ongoing support (and spreads the cost).
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Yes, payment plans are commonly available so fees are predictable.
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We’ll be explicit. If something isn’t included (e.g., extra advisory work, complex investigations, or urgent catch‑up), we’ll flag it before doing it.
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Good practice is to keep fees stable when your situation is stable, and agree changes in scope before charging more.
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Yes — we can do one‑off projects (e.g., clean‑ups, specific filings, or advisory pieces) where that’s the best fit.
Switching accountants
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It’s usually straightforward. Typically you authorise the switch, and the new firm requests professional clearance/records and handles the handover steps.
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Yes, we can contact them to request the information needed for a smooth transition (with your permission).
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Usually: last accounts/tax returns, bookkeeping access (if any), bank details/feeds, and a quick summary of what’s changed this year.
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That happens. We’ll focus on practical next steps and getting you compliant.
Bookkeeping & records
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Not always, but it often saves time and improves accuracy. If you’re currently on spreadsheets, we can advise whether staying there is sensible or whether software will reduce effort.
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A simple routine works best: keep business income/expenses separate, store receipts/invoices consistently, and reconcile regularly.
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Yes, we can either fully manage bookkeeping or support your internal process with review/corrections.
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No judgement, it’s common. We’ll prioritise what matters most and create a clean baseline.
Tax returns
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It depends on your income sources and circumstances. If you tell us your situation, we’ll confirm what applies and what needs filing.
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Missing deadlines can trigger penalties/interest. If you’re at risk, speak to us quickly so we can help you act early.
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We can help you plan legitimately (within the rules), typically by ensuring you claim what you’re entitled to, and structure things sensibly.
VAT & Making Tax Digital (MTD)
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VAT registration depends on your taxable turnover and business model. If you’re near the threshold or expect growth, it’s worth reviewing earlier rather than later.
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Yes, we can manage VAT returns, advise on VAT schemes, and keep you compliant.
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MTD is HMRC’s move towards digital record keeping and submissions. Many businesses need compatible processes/software to comply.
Payroll, CIS, and contractors
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Yes, we can manage payroll, RTI submissions, and help keep you compliant.
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If you have employees, pension duties may apply. We can explain what’s required for your situation.
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Yes, we can help contractors/subcontractors handle CIS processes and submissions.
Limited Companies & Directors
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You’re not always legally required to have one, but many owners use an accountant to reduce risk, save time, and avoid costly mistakes.
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Yes, we can advise on sensible approaches and compliance, based on your company’s profits and goals.
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Yes, we can prepare statutory accounts and related filings.
Security, privacy, and trust
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We take data protection and confidentiality seriously and maintain appropriate administrative, technical and physical safeguards to protect your personal information. Halliday Styan LLP complies fully with UK GDPR and the Data Protection Act 2018, and only uses your data for lawful, professional purposes. Full details are set out in our Privacy Notice on our website.
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Yes. Halliday Styan LLP is authorised and regulated by the Institute of Chartered Accountants in England and Wales (ICAEW). The firm’s members are ICAEW‑qualified Chartered Accountants and are subject to professional standards, ethical requirements, and ongoing training.
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Yes. If HMRC opens an enquiry, we can act as your agent, correspond with HMRC on your behalf and support you throughout the process in line with our engagement. Where appropriate, we can also explain optional fee protection arrangements.
Communication and turnaround
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Email/phone/video, and if you prefer, we can agree a simple rhythm (monthly check‑in, quarterly review, etc.).
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We aim to respond to all emails or queries within 24 hours. In addition to personal emails, we have a company mailbox which all our Partners have access to which ensures nothing is missed.
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Yes we will provide ongoing support and engage with you early and regularly to ensure that nothing is missed.
Still have a question?
If you can’t find the answer you’re looking for, we’re happy to help. These FAQs provide general guidance only, for advice tailored to your situation, a quick conversation is often the best place to start.
Book a free consultation or send us a message here: