
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

Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More

Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More

SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
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Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...See More

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More

J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More

Virtue Accountants Ltd
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More

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 ...
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More
Frequently asked questions
What records do I need to keep for my Self Assessment tax return?
You need to keep records of all your income and expenses for your freelance work, including invoices issued, receipts for business purchases, bank statements, and any records of personal income that affects your tax position. HMRC requires you to maintain these records for at least five years after the submission deadline, so it is wise to organise them digitally or in a physical folder.
How can an ACCA qualified accountant help with my VAT registration?
An ACCA qualified accountant can monitor your taxable turnover and advise when you approach the VAT registration threshold. They will help you decide whether to register voluntarily, complete the application correctly, and prepare your VAT returns on time. Their expertise ensures you claim the right input tax and avoid common errors that attract HMRC penalties.
What is the difference between a sole trader and a limited company for freelancers?
A sole trader is personally responsible for business debts and pays Income Tax through Self Assessment, whilst a limited company is a separate legal entity paying Corporation Tax on profits. Operating as a limited company can offer tax advantages and limited liability, but it involves more administrative duties. An accountant can analyse your income levels and personal circumstances to recommend the most suitable structure.
Why should I choose an ICAEW regulated accountant for my freelance business?
ICAEW regulated accountants adhere to strict professional standards, undergo regular audits, and maintain their technical knowledge through continuing professional development. Choosing such a professional gives you confidence that your financial affairs are handled accurately and ethically. They are also covered by compulsory indemnity insurance, which protects you in the unlikely event of an error in their work.
Can an accountant help me if I have missed the Self Assessment filing deadline?
Yes, an accountant can assist you in submitting your tax return as soon as possible after the deadline and can help you communicate with HMRC regarding any penalties you may have incurred. They can also check whether you have a reasonable excuse for the late filing, which might reduce or remove the penalty. Acting quickly with professional support is essential to minimise the financial impact.
What expenses can I claim as a freelancer to reduce my tax bill?
You can claim expenses that are incurred wholly and exclusively for your freelance work, such as equipment, software, travel costs, professional subscriptions, and a proportion of your home utilities if you work from home. An AAT qualified accountant can help you identify all allowable deductions and ensure you keep the necessary evidence to justify your claims to HMRC.
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