Probate & Estate Administration – Are you Benefiting from our Certainty Services?

Published Date: 17th September 2019

Are you Benefiting from our Certainty Services?

Whether an accountant already has a strong knowledge of the deceased’s financial affairs or if you have not worked with that accountant before, the combination of accounting, tax, law and administration skills required means they are often well placed to carry out this kind of work.

Accountancy firms have been able to offer probate services since 2014 with only a limited number of firms so far meeting the strict requirements of the Institute of Chartered Accountants in England and Wales (ICAEW), the first non-legal probate regulator.

In July 2017, JT AccountS were proud to be the first accountants in Enfield to be accredited with offering probate and estate administration services and since then we have helped many families and businesses during this difficult time.  We have become a one stop shop for many of our clients.  As an accountant we are already able to produce estate accounts and deal with capital taxes so providing estate administration and inheritance tax calculations when the inevitable should happen is a natural step for us. For our clients it’s a seamless process and in their time of grief we are able to take this stress and worry away from them in a fast and cost-efficient manner. Simply call us to find out how we can help.

Our Other Blogs

Corporation Tax – Are You Paying More Than You Need To?

Corporation Tax is a bit like Income Tax for companies, but the difference is that companies don’t have a personal allowance. This means that as soon as your business starts making a profit, it needs to start paying Corporation Tax at the Corporation Tax rate (unless it’s previously made losses).

Accounts Done Right Sleep at Night!

Picture this, December is almost over and January is fast galloping into sight bringing with it HMRC’s 31st January self-assessment deadline!

What does Certainty mean?

There comes a point in most people’s lives when they start to think about planning for their later years and eventually for when they leave this life, especially if they have dependants.

Are You MTD Ready?

This initiative has already come into force for VAT-registered businesses with a taxable turnover above the current VAT threshold of £85,000. For VAT periods that started on or after the 1 April 2019, these businesses are now legally required to keep records digitally and use software to submit their VAT returns. There are a number of companies who may be exempt from this with a later start date of the 1 October 2019 and we can advice if this applies to you.