
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

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More

Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More

EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More

City Tax London
City Tax London provides unparalleled personalized accounting services and th...

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More

Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More

MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...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 activities, look for a professional who is a member of a recognised body such as ACCA, ICAEW, or AAT. This ensures they adhere to strict ethical and technical standards. Additionally, consider their experience with freelancers specifically, as they should understand IR35, allowable expenses, and quarterly tax payments. It is also wise to check their familiarity with HMRC online services and their ability to offer proactive advice on tax planning and business growth.
How can a freelancer accountant help with my Self Assessment tax return?
A freelancer accountant will prepare and submit your Self Assessment tax return accurately and on time, ensuring you claim all legitimate expenses and reliefs. They will calculate your Class 2 and Class 4 National Insurance contributions correctly and advise on payments on account. Furthermore, they can help you organise your financial records throughout the year, making the process smoother and reducing the risk of an HMRC enquiry. Their expertise ensures you meet your obligations without stress.
Do I need to be VAT-registered as a freelancer, and can an accountant advise me?
VAT registration is compulsory if your taxable turnover exceeds the current threshold, but you may also choose to register voluntarily. An accountant can assess your specific situation, considering your income and client base, to determine whether voluntary registration is beneficial. They will handle your VAT returns, advise on the Flat Rate Scheme if appropriate, and ensure you remain compliant with HMRC regulations. This guidance is essential for avoiding penalties and optimising your cash flow.
What is the difference between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW are prestigious professional bodies for accountants in the UK, but they have different historical roots and examination focuses. ACCA (Association of Chartered Certified Accountants) has a global focus and covers a broad range of business and finance topics. ICAEW (Institute of Chartered Accountants in England and Wales) is a UK-based institute with a strong emphasis on audit and financial reporting. Both qualifications require rigorous training and ongoing professional development, ensuring high standards of competence and ethics.
Can an accountant help me with Corporation Tax if I trade through a limited company?
Yes, if you operate as a freelancer through your own limited company, an accountant is essential for managing Corporation Tax. They will prepare your annual accounts and Corporation Tax return, calculate the tax due, and advise on allowable expenses and capital allowances. They can also help you plan your salary and dividends to minimise your overall tax burden. Their expertise ensures you meet filing deadlines and avoid penalties from HMRC, whilst keeping your company finances in order.
How often should I communicate with my accountant during the year?
Regular communication with your accountant is recommended, not just at year-end. Ideally, you should have a catch-up at least quarterly to review your income, expenses, and any significant changes in your freelance work. This allows your accountant to provide timely tax planning advice, such as making pension contributions or adjusting your drawings. For urgent matters, such as receiving a letter from HMRC, you should contact them immediately. Many accountants offer ongoing support via email or phone, so you can ask questions whenever they arise.
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