
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

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

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

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

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

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

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

Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More
Future Formations Ltd
Future Formations is the new generation of forming companies; we have an expert team on hand to help you take the first step towards your future. Ba...See More

Coman And Co Ltd
Chartered Tax Advisers and Chartered Certified Accountants, we offer assistance with tax return compliance and specialist tax consultancy services for...See More

TaxPert Solutions Limited Certified Public Accountants
We are a small business accountant who provides smart solutions to your business needs. The Care your Business need from Experts Taxpert is a modern,...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant for your freelance business, look for someone who is qualified and regulated by a recognised body such as ACCA, ICAEW, or AAT. They should have experience working with freelancers and understand your specific industry. It is also important to find an accountant who communicates clearly and offers proactive advice on tax planning and compliance.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return to HMRC on your behalf, ensuring that all income and allowable expenses are correctly reported. They will help you identify deductions you may have missed, calculate your tax liability accurately, and ensure that you meet all filing deadlines to avoid penalties.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and are bound by strict ethical and professional standards. They are required to keep their knowledge up to date with the latest tax laws and regulations. This ensures that you receive accurate, reliable advice and that your financial affairs are managed to a high professional standard.
Can an accountant help me with VAT if I am a freelancer?
Yes, an accountant can assist you with all aspects of VAT, including whether you need to register for VAT, completing your VAT returns, and ensuring compliance with HMRC's Making Tax Digital requirements. They can also advise on cash accounting or annual accounting schemes that may simplify your VAT obligations.
How often should I meet with my accountant?
The frequency of meetings with your accountant depends on your individual circumstances. Many freelancers benefit from quarterly reviews to discuss cash flow, tax planning, and upcoming deadlines. Your accountant should be available for ad hoc queries throughout the year, especially when you have questions about expenses or changes in your business structure.
What records do I need to keep for my accountant?
You should keep detailed records of all your income and expenses, including invoices, receipts, bank statements, and records of any business-related purchases. If you are VAT-registered, you must also keep a digital record of your VAT transactions. Your accountant can provide a checklist to ensure you are capturing all necessary information for accurate tax reporting.
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