
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

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant for your freelance business, look for recognised qualifications such as ACCA, ICAEW, or AAT, as these indicate a high level of expertise and adherence to professional standards. Experience with freelancers is also essential, as they will understand your unique tax situation. Check that they offer services relevant to your needs, such as Self Assessment, VAT, and Corporation Tax. Finally, consider their communication style and availability, as you want someone who is approachable and responsive to your queries throughout the year.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time, ensuring you meet HMRC deadlines and avoid penalties. They will review your income and expenses to identify all allowable deductions, potentially reducing your tax bill. They can also advise on payments on account and help you plan for future tax liabilities. If HMRC enquires into your return, your accountant will represent you and handle the correspondence, providing peace of mind and saving you valuable time.
Do I need to register for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold of £90,000 in any rolling twelve-month period. However, you can also choose to register voluntarily, which may be beneficial if you incur significant VAT on business purchases. An accountant can assess your specific circumstances and advise whether voluntary registration is advantageous. They will also manage your VAT returns and ensure you comply with all HMRC regulations, helping you avoid costly mistakes and penalties.
What are the benefits of using a qualified accountant from a professional body?
Using a qualified accountant from a professional body such as ACCA, ICAEW, or AAT ensures you receive advice from someone who has undergone rigorous training and is bound by a strict code of ethics. These professionals are required to maintain their knowledge through continuing professional development, so they stay current with tax legislation. They also have appropriate insurance and are subject to disciplinary procedures, offering you greater protection. This level of professionalism provides confidence that your financial affairs are in safe hands.
How often should I meet with my accountant to discuss my freelance finances?
The frequency of meetings with your accountant depends on the complexity of your finances and your personal preferences. Many freelancers benefit from quarterly meetings to review cash flow, tax provisions, and business performance. Some accountants offer ongoing support with unlimited contact, allowing you to reach out whenever you have a question. Regular communication ensures you stay on top of deadlines and can plan effectively for tax payments. Your accountant can recommend a schedule that suits your needs and helps you maintain financial control.
Can an accountant help me if I am investigated by HMRC?
Yes, an accountant can provide invaluable support if you face an HMRC investigation. They will handle all correspondence with HMRC, gather the necessary records, and prepare a robust response to any enquiries. Their expertise ensures that your rights are protected and that you present your case in the best possible light. Having a professional by your side reduces stress and increases the likelihood of a favourable outcome. Your accountant will also advise on how to avoid future investigations by improving your record keeping and compliance.
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