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Are accounting fees deductible?

calculating-tax

The short answer to this is yes. The HMRC allows companies to claim a tax deduction for some fees that your accountant charges.

However, please bear in mind that due to the nature of accountants work, not all charges can be tax deductible.

Accountants offer a wide range of services to businesses, with most if not all businesses receiving help to complete company accounts and financial statements.

Accountants can help to set up companies, provide advice on the best legal structure, prepare business accounts. To reduce the dreaded annual tax bill what services such as the ones listed can a company actually claim against?

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