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
MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...
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
MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
See More
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
Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More
Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More
Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More
MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More
SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More
ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More
Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More
GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...
Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
See More
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
TIDE PLATFORM LTD
Tide is about doing what you love We believe the world would be a better place if more people gave it a shot. It’s why we’re building a modern busin...See More
Persona Finance
Persona Finance is a London accounting company with an office at 63/66 Hatton Garden in London. Due to the lock-down, we are happy to provide ou...See More
1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More
Frequently asked questions
What specific services do accountants for freelancers in Borehamwood offer?
Accountants for freelancers typically offer a range of services tailored to self-employed individuals. These include preparing and filing your annual Self Assessment tax return, bookkeeping to track income and expenses, and advising on allowable deductions to minimise your tax liability. They can also help with VAT registration and returns, provide guidance on IR35 status, and assist with setting up a limited company if that becomes beneficial. Many firms offer ongoing support and proactive tax planning throughout the year.
How can an accountant help me with my HMRC Self Assessment tax return?
An accountant can ensure your Self Assessment tax return is completed accurately and submitted before the 31 January deadline, avoiding late filing penalties. They will review your income and expenses to claim all legitimate deductions, potentially reducing your tax bill. They can also advise on payments on account and help you respond to any correspondence from HMRC. Their expertise ensures your return is compliant and that you only pay what you owe.
Why should I choose an ACCA or ICAEW qualified accountant over an unqualified one?
Choosing an accountant who is a member of a recognised professional body like ACCA or ICAEW provides assurance of their expertise and ethical standards. These qualifications require rigorous training, ongoing professional development, and adherence to a strict code of conduct. They are also regulated, meaning you have recourse if you receive poor advice. This level of professionalism ensures your finances are handled competently and that you receive accurate, up-to-date guidance on tax and business matters.
What is the difference between a sole trader and a limited company for freelancers?
As a sole trader, you are personally responsible for your business debts and pay Income Tax on your profits through Self Assessment. A limited company is a separate legal entity, meaning your personal liability is limited to your shareholding. Companies pay Corporation Tax on profits, and you may take a salary and dividends. An accountant can analyse your income and circumstances to advise which structure is more tax-efficient for you, considering factors like your profit level and future plans.
How do I know if I need to register for VAT as a freelancer?
You must register for VAT if your total taxable turnover for the previous 12 months exceeds the current VAT threshold, or if you expect it to exceed this in the next 30 days. Even if your turnover is below the threshold, you may choose to register voluntarily, which can be beneficial if you incur VAT on your business expenses. An accountant can help you monitor your turnover and advise on the best timing and method of VAT registration, whether standard or flat rate.
What records do I need to keep as a freelancer for my accountant?
You should keep records of all your income and expenses, including invoices, receipts, bank statements, and records of any personal money used for business. If you operate through a limited company, you also need to maintain records of dividends and director's loans. Using accounting software can simplify this process. Your accountant will need these records to prepare your accounts and tax returns accurately, so keeping them organised throughout the year is essential.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.