
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

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
Frequently asked questions
What should I look for when choosing an accountant as a freelancer in Ashford Kent?
When selecting an accountant, look for recognised qualifications from bodies such as ACCA, ICAEW or AAT. Check their experience with freelance clients and their familiarity with HMRC requirements. It is also wise to consider their communication style and whether they offer proactive advice on tax planning, not just annual compliance.
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. They will identify all allowable expenses and reliefs you are entitled to claim, potentially reducing your tax bill. They can also advise on payments on account and help you plan for future tax liabilities.
Do I need to be VAT-registered as a freelancer?
VAT registration is compulsory if your taxable turnover exceeds the current threshold. An accountant can monitor your turnover and advise when registration becomes necessary. They can also help you decide whether voluntary registration is beneficial, manage your VAT returns and ensure you comply with HMRC regulations.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and adhere to strict professional standards. They are required to keep their knowledge current through continuing professional development. This ensures they provide accurate advice on complex tax matters and maintain a high level of ethical conduct.
Can an accountant help me if I am a freelancer with a limited company?
Yes, an accountant can assist with Corporation Tax returns, payroll for yourself and any employees, and statutory filings with Companies House. They will also advise on salary versus dividend extraction to minimise your overall tax burden and ensure you meet all legal obligations.
How often should I meet with my accountant?
It is advisable to have at least quarterly meetings to review your cash flow, tax position and business plans. More frequent contact may be beneficial during periods of growth or when significant financial decisions arise. Many accountants offer ongoing support via email or phone, ensuring you always have access to advice.
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