
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Frequently asked questions
What is a micro-entity for accounting purposes?
A micro-entity is a very small company that meets at least two of the following criteria: turnover of no more than Β£632,000, balance sheet total of no more than Β£316,000, and an average of no more than 10 employees. Such companies can file simpler accounts with Companies House and HMRC.
Do micro-entities need to file a full tax return with HMRC?
Yes, micro-entities must still file a Corporation Tax return with HMRC each year, even though they can submit simpler statutory accounts. A qualified accountant can ensure the return is completed correctly and on time, avoiding penalties.
How can ACCA or ICAEW accountants help my micro-entity in Canvey Island?
ACCA and ICAEW accountants are regulated professionals who understand micro-entity reporting rules. They can handle VAT, payroll, Self-assessment, and Corporation Tax filings, ensuring compliance with HMRC while helping you minimise your tax liability through legitimate allowances.
What services do micro-entity accountants typically offer?
Micro-entity accountants usually provide bookkeeping, preparation of micro-entity accounts, Corporation Tax and VAT returns, payroll management, and tax planning advice. They also assist with HMRC enquiries and help you understand filing exemptions available to small companies.
Can I switch accountants mid-year for my micro-entity?
Yes, you can change accountants at any time. A new accountant will need to review your previous records and may request information from your former accountant. It is advisable to choose a professional listed on AccountingFirms who specialises in micro-entities to ensure a smooth transition.
How do I find a reliable micro-entity accountant in Canvey Island?
You can use AccountingFirms.co.uk to browse local accountants who are verified and regulated. The directory allows you to compare qualifications, services, and client reviews, helping you select a professional who understands micro-entity requirements and HMRC procedures.
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