
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

AWS ACCOUNTANTS (LONDON) LLP

SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More

MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies

Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More

Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...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

TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More

Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More

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

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

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

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

EFJ CONSULTING LTD
We are the firm of Chartered Certified Accountants based in London. We provide professional and practical help with all aspects of accountancy and tax...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

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

Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More
Frequently asked questions
What specific services do accountants for freelancers provide?
Accountants for freelancers provide a comprehensive range of services including preparation and submission of Self Assessment tax returns, bookkeeping, VAT returns, and Corporation Tax filings for limited companies. They also offer business structure advice, help with expense tracking, and assist with cash flow forecasting. Many professionals provide ongoing support throughout the year to ensure you meet all HMRC deadlines and maintain accurate financial records.
How can an ACCA qualified accountant help with my tax return?
An ACCA qualified accountant brings rigorous training and up-to-date knowledge of tax legislation to your tax return preparation. They will accurately calculate your taxable income, identify all allowable business expenses, and ensure your return is submitted to HMRC before the deadline. Their expertise helps minimise your tax liability legally and reduces the risk of penalties for errors or late filing.
Do 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. An accountant can advise you on whether voluntary registration is beneficial, especially if you supply services to other VAT-registered businesses. They will handle your VAT returns and ensure you claim back any input tax on business purchases correctly.
What is the difference between a limited company and being self-employed?
Being self-employed means you operate as a sole trader, paying Income Tax and National Insurance on your profits. A limited company is a separate legal entity where you may pay yourself a salary and dividends, potentially offering tax efficiencies. An accountant can analyse your income levels and business activities to recommend the most suitable structure for your circumstances.
How do accountants help with HMRC investigations?
If HMRC opens an investigation into your tax affairs, an accountant acts as your representative and manages all communication with the tax authority. They will prepare the necessary documentation, respond to queries, and ensure your rights are protected throughout the process. Having professional support significantly reduces stress and helps achieve a favourable outcome.
What records should I keep for my accountant?
You should keep records of all business income and expenses, including invoices, receipts, bank statements, and records of any personal money introduced into the business. If you use a vehicle for business purposes, maintain a mileage log. Your accountant will advise on the specific records required for your situation, ensuring you are fully compliant with HMRC requirements.
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