
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

TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities

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

Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More

Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More

DOLAN ACCOUNTANCY LIMITED
If our name sounds familiar, don’t be surprised. Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. A...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

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

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

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

Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...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

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...

MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...

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
Frequently asked questions
What specific services do accountants for freelancers offer?
Accountants for freelancers typically offer services such as preparing and filing Self Assessment tax returns, managing VAT returns, bookkeeping, and providing advice on allowable expenses. They can also assist with setting up a limited company, preparing Corporation Tax returns, and offering guidance on tax-efficient ways to draw income. Their aim is to ensure you meet all HMRC deadlines and obligations whilst maximising your take-home pay.
How can an accountant help me with my Self Assessment tax return?
An accountant can ensure your Self Assessment tax return is accurate and submitted on time to HMRC. They will review your income and expenses, identify all allowable deductions, and calculate the tax you owe correctly. This reduces the risk of errors that could lead to penalties or an HMRC enquiry. They can also advise on payments on account and help you plan for future tax bills.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW are prestigious professional bodies that require members to meet high standards of education, experience, and ethical conduct. Choosing an accountant with these qualifications provides assurance that they have the expertise to handle complex financial matters. They are also required to maintain their knowledge through continuing professional development, ensuring they stay up to date with changes in tax law and regulations.
What is the difference between an accountant and a bookkeeper for a freelancer?
A bookkeeper typically records your daily financial transactions, such as sales and purchases, and may manage invoices and bank reconciliations. An accountant goes further by analysing this financial data to provide strategic advice, prepare tax returns, and ensure compliance with HMRC. While a bookkeeper focuses on the mechanics of recording, an accountant helps you interpret the figures and plan for your business's financial future.
How do I know if I need to register for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £90,000 in the UK. However, you may also choose to register voluntarily if you want to reclaim VAT on your business purchases. An accountant can assess your specific situation, advise on whether voluntary registration is beneficial, and handle the registration process with HMRC, as well as manage your ongoing VAT returns.
Can an accountant help me if I am already facing an HMRC enquiry?
Yes, an experienced accountant can provide invaluable support during an HMRC enquiry. They can review your records, prepare the necessary documentation, and communicate directly with HMRC on your behalf. Their knowledge of tax law and enquiry procedures helps ensure that your rights are protected and that you respond appropriately to any requests. This professional representation can reduce stress and help achieve a favourable outcome.
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