Frequently Asked Questions about the MG Accountants & Co ONLINE service:

Your prices are very competitive. How do you maintain such low prices and do your low prices mean you will not take care/time with my accounts/tax returns?

Our prices are competitive because we have specialised in only 4 core services – whereas many accountants will provide a whole range of services. In addition we save costs by not having meetings with clients and only working with clients who have their accounting records and books in a well prepared layout. Each set of accounts & tax returns will be reviewed before completion by a fully qualified chartered accountant based at our office in North West London. You can also ring your accountant if you have any questions relating to your accounts/tax returns.

I pay my present accountant so much more than your quoted fees to do my accounts and tax return. How can you possibly give the same service?

We will prepare your accounts using the latest Sage software, and using established templates from previous accounts prepared. We also have full use of the resources of MG Professional Services Group so we can provide you with all the knowledge and infrastructure of a full chartered accountancy practice without the additional cost to you.

I have obtained a few other quotes from other accountants and they are higher than your quote – what are they offering that you are not?

It is impossible for us to compare our services to another firm without knowing the finer details of how they arrive as their prices. However, in the majority of cases the differential will be due to other firms having higher overheads because they meet with clients in their offices and will factor in additional costs of meetings, lots of telephone calls, and also dealing with the administration and bookkeeping side of working with clients – we are more selective about the types of clients that we can take on due to our business model.

My life is a mess, and so are my books. Can you help?

Not really. We specialise in accounts & tax return production for clients that present us with a tidy set of books. We can provide you with templates and assistance on maintaining your books in a suitable manner so that we can provide you with services in the future, but we maintain the right not to engage with a client with whom we believe would take a lot of our time due to the nature of their accounting records.

My life is great, but unfortunately my accounting records are in a mess. Can you help?

Due to the same reasons as the FAQ immediately above, we would not be able to assist.

I know that anyone can call themselves accountants – are you one of those firms that are not regulated by a body or institute?

Definitely not. We are part of an established Chartered Accountancy practice – MG Professional Services - and therefore need to adhere to the strict standards and requirements of our parent firm and the Institute of Chartered Accountants in England & Wales.

I like what I see. What should I do?

You can sign up for our services using the online forms or if you have any further questions you can call or email us. We are happy to answer any queries you have and look forward to welcoming you as a new client to our innovative and efficient business model.