
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

GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More

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

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

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

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

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

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

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

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, look for recognised qualifications such as ACCA, ICAEW, or AAT, which indicate a high level of expertise and adherence to professional standards. It is also important to find someone who has experience working with freelancers and understands the specific tax obligations you face. Consider their communication style and whether they offer proactive advice. Checking reviews and asking for references can help you make an informed decision.
How can a freelance accountant help me with my Self Assessment tax return?
A freelance accountant will ensure your Self Assessment tax return is completed accurately and submitted before the HMRC deadline. They will review your income and expenses to identify all allowable deductions, which can reduce your overall tax liability. They can also handle correspondence with HMRC on your behalf and provide advice on payments on account. This professional support saves you time and reduces the risk of costly errors or penalties.
Do I need to register for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current VAT threshold, which is £90,000 in the UK. However, you may also choose to register voluntarily if it benefits your business, for example to reclaim VAT on your purchases. A qualified accountant can help you decide whether voluntary registration is worthwhile and will manage your VAT returns and records to ensure compliance with HMRC requirements.
What is the difference between an ACCA and an AAT qualified accountant?
ACCA (Association of Chartered Certified Accountants) is a global professional body that offers a higher-level qualification, often requiring a degree or equivalent experience. AAT (Association of Accounting Technicians) provides a more practical, skills-based qualification that focuses on day-to-day accounting tasks. Both are respected, but ACCA-qualified accountants typically have broader strategic and advisory skills, while AAT members often excel in bookkeeping and preparing accounts.
Can an accountant help me if I am thinking of setting up a limited company?
Yes, an accountant can provide invaluable guidance when you are considering incorporating your freelance business. They will explain the tax implications of operating through a limited company, including Corporation Tax and dividend taxation. They can also assist with company formation, payroll if you take a salary, and ongoing compliance requirements such as filing annual accounts with Companies House. This expert advice ensures you make the right decision for your circumstances.
How often should I meet with my freelance accountant?
The frequency of meetings depends on your individual needs and the complexity of your finances. Many freelancers benefit from a quarterly review to discuss cash flow, tax planning, and upcoming deadlines. Some accountants offer monthly check-ins for those who prefer more regular support. At a minimum, you should meet annually to prepare your tax return and review your overall financial position. Your accountant will recommend a schedule that keeps you on track.
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