FAQs

FAQs2020-04-21T13:13:47+00:00
Is the business regulated?2020-03-17T16:38:55+00:00

Yes. It is a legal requirement that bookkeepers in practice are registered for Money Laundering supervision

What information does a new client need to provide?2020-03-17T16:39:30+00:00

It is essential to provide photo ID and address ID before any work can be undertaken. Passport or Driving Licence plus current utility bill or bank statement.

Where is the work carried out?2020-03-17T16:39:57+00:00

Predominantly work is undertaken at my office, however if the client is local the work can be carried out at their premises if more suitable.

Does the client need to stay local to Fife?2020-03-17T16:40:19+00:00

No. Remote working is perfectly acceptable. Although initial meeting in person is mandatory to provide ID documents.

What is the difference between a Bookkeeper and an Accountant?2020-03-17T16:41:08+00:00

Bookkeeping is recording financial transactions in order to produce a set of accounts. An accountant generally finalises the accounts, provides tax advice and submits Final Accounts/ Self Assessment to HMRC.

Is there limitations to the services Hillcrest provide?2020-03-17T16:41:38+00:00

Yes. An ICB bookkeeper can only provide services they are qualified for.

Are there any additional Fees on top of hiring Hillcrest services?2020-03-17T16:42:47+00:00

Yes – If you require Bookkeeping. Cloud based software is a requirement of MTD. So unless you already have your own software in place, we will set you up with Quick Books which is a monthly subscription.