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Ashden Accountants
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KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More

Accounting4Actors
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Ahmed-Cliffords Ltd
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MQPLUS LTD
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AWS ACCOUNTANTS (LONDON) LLP

SARA COOPERS ACCOUNTANTS LTD
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Rochvilles & Co Accountants Ltd
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TaxAssist Accountants
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Southall Accountants
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KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More

John Lavender accounting ltd
John Lavender Accounting Firm is a beacon of precision and expertise in the financial landscape. With a legacy steeped in integrity and excellence, we...See More

MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More

YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...

MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant, look for someone who is qualified and regulated by a recognised body such as ACCA, ICAEW, or AAT. Check that they have experience working with freelancers and understand Self Assessment, VAT, and allowable expenses. It is also wise to consider their communication style and whether they offer year-round support, not just at tax return time.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return to HMRC on your behalf, ensuring accuracy and timeliness. They will help you identify all allowable expenses and reliefs, calculate your tax liability, and advise on payments on account. This reduces the risk of errors and penalties, and saves you considerable time and effort.
Do I need an accountant if I am a freelancer with a limited company?
Yes, if you operate through a limited company, an accountant is highly recommended. They can help with Corporation Tax returns, payroll, dividends, and ensuring compliance with Companies House and HMRC. They also advise on tax-efficient salary and dividend strategies, and can help you understand IR35 rules that may affect your engagements.
What are the benefits of using a certified accountant rather than doing my own taxes?
Certified accountants have undergone rigorous training and must keep up to date with changing tax legislation. They can spot deductions you might miss, help you avoid costly mistakes, and provide strategic advice. Using a certified professional also gives you protection, as they are regulated and must adhere to professional standards, giving you greater peace of mind.
How often should I meet with my accountant throughout the year?
It is advisable to have regular contact with your accountant, not just at the end of the tax year. Many freelancers meet quarterly to review cash flow, plan for tax payments, and discuss any changes in their business. Regular communication ensures that you are always prepared and can make informed decisions about expenses, investments, and growth.
Can an accountant help me if HMRC enquires into my tax return?
Yes, an accountant can represent you and handle all communication with HMRC during an enquiry. They will help gather the necessary records, prepare responses, and negotiate on your behalf. Having professional support reduces stress and ensures that your rights are protected throughout the process, potentially saving you time and money.
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