
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
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&...

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

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
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

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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

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

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

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
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

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

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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What specific services do accountants for freelancers typically provide?
Accountants for freelancers typically provide a range of services including preparing and filing your Self Assessment tax return, managing your VAT returns, and advising on allowable expenses. They also offer bookkeeping support, help with cash flow forecasting, and can assist with setting up a limited company if you choose to incorporate. Many also provide proactive tax planning advice to help you minimise your liabilities legally.
How can an ACCA or ICAEW qualified accountant help with my HMRC tax return?
An ACCA or ICAEW qualified accountant has rigorous training and a deep understanding of HMRC rules. They can ensure your tax return is accurate and submitted on time, reducing the risk of penalties. They will also identify all allowable deductions and reliefs you are entitled to, potentially lowering your tax bill. Their expertise is invaluable if you have complex income streams or expenses.
What is the difference between a freelancer and a limited company for tax purposes?
As a sole trader, you pay Income Tax and National Insurance on your profits via Self Assessment. As a limited company, you pay Corporation Tax on company profits, and you may take a salary and dividends. Each structure has different administrative burdens and tax implications. An accountant can help you analyse your income and decide which structure is most tax-efficient for your circumstances.
How often should I meet with my accountant for freelancing advice?
Many freelancers benefit from meeting their accountant at least quarterly to review their financial position and plan for upcoming tax payments. However, you may also need ad-hoc advice when your circumstances change, such as taking on a large contract or making a significant equipment purchase. A good accountant will be available throughout the year to answer questions and provide guidance.
Can an accountant help me if I have missed the Self Assessment deadline?
Yes, an accountant can assist you if you have missed the Self Assessment deadline. They can help you file your tax return as soon as possible and communicate with HMRC on your behalf to explain the situation. They can also advise you on the penalties you may face and help you set up a payment plan if you owe tax and cannot pay it in full.
What should I look for when choosing an accountant for my freelance business?
When choosing an accountant, look for recognised qualifications such as ACCA, ICAEW, or AAT, as these indicate a high level of professional competence. You should also consider their experience with freelancers in your specific industry, their fee structure, and their availability. Reading client reviews and asking for references can provide valuable insight into their reliability and communication style.
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