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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

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

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

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...

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

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

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

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

YOUR COMPANY FORMATIONS LTD
Setting up a new company can often be a daunting especially if you have never run a business before. Your Company Formations are a team of experienced...See More

Alpha Tax & Accounting
Alpha Tax & Accounting is an independent firm of Financial Accountants. We can help small businesses, established businesses, start-ups, partnerships,...See More

Reckonwell Finance
We are a distinguished Boutique Virtual Finance Office that champions excellence in financial solutions.

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

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

THEFORMATIONSCOMPANY.COM LIMITED
Forming your company is the first step. Together, we’ll make it an easy one. We’ve helped form more than 750,000 companies. Whether you’re taking a ho...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

GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...

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
Frequently asked questions
What services do accountants for freelancers typically offer?
Accountants for freelancers generally provide a range of services including preparation of Self Assessment tax returns, bookkeeping, VAT returns, and tax planning. They can also assist with setting up a limited company, managing payroll if you have employees, and offering advice on allowable expenses. Many accountants offer ongoing support throughout the year, not just at tax return deadlines, ensuring you stay compliant with HMRC requirements.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return on your behalf, ensuring that all income and expenses are accurately reported. They will identify allowable deductions you may have missed, calculate your tax liability correctly, and help you meet the HMRC deadline. This reduces the risk of errors and penalties, and gives you peace of mind that your tax affairs are in order.
Do I need to be VAT-registered as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £90,000. However, you may also choose to register voluntarily if you want to reclaim VAT on business purchases. An accountant can advise you on whether voluntary registration is beneficial for your specific situation, and they can handle your VAT returns and ensure you comply with all HMRC regulations.
What qualifications should I look for in a freelance accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications demonstrate that the accountant has met rigorous standards of education and professional practice. Membership also requires adherence to a strict code of ethics and ongoing continuing professional development, ensuring that the advice you receive is current and reliable.
How often should I meet with my accountant?
The frequency of meetings depends on your business needs. Many freelancers meet with their accountant quarterly to review their financial position and plan for tax payments. Others may only meet annually when preparing their tax return. Regular communication is beneficial, as it allows your accountant to provide proactive advice on cash flow, tax planning, and any changes in your circumstances.
Can an accountant help me if HMRC enquires into my tax return?
Yes, an accountant can represent you during an HMRC enquiry into your tax return. They will handle all correspondence, prepare the necessary documentation, and explain the process to you. Having a qualified professional by your side reduces stress and ensures that your rights are protected. Your accountant will work to resolve the enquiry efficiently and minimise any potential penalties.
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