
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

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

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

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

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

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
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant, look for recognised qualifications such as ACCA, ICAEW, or AAT membership. Ensure they have experience with freelancers and understand Self Assessment, VAT, and allowable expenses. It is also wise to consider their communication style and whether they offer proactive advice. A good accountant will help you plan for tax bills and keep your records organised throughout the year.
How can an accountant help me with my Self Assessment tax return?
An accountant will prepare and submit your Self Assessment tax return to HMRC accurately and on time. They will review your income and expenses to ensure you claim all legitimate deductions, potentially reducing your tax bill. They can also advise you on payments on account and help you set aside funds for future tax liabilities, giving you peace of mind.
Do I need to register for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold. However, you may also choose to register voluntarily if it benefits your business. An accountant can assess your situation, advise on whether voluntary registration is worthwhile, and help you complete the registration process. They will also manage your VAT returns and ensure compliance with HMRC rules.
What is the difference between an ACCA and an AAT qualified accountant?
ACCA (Association of Chartered Certified Accountants) is a global professional body, and members are fully qualified chartered certified accountants. AAT (Association of Accounting Technicians) qualifications are often a stepping stone, but AAT members are skilled in practical bookkeeping and tax. Both can assist freelancers, but ACCA or ICAEW members may offer more strategic advice. Always check their experience.
Can an accountant help me if I operate as a limited company?
Yes, an accountant can be invaluable if you operate through a limited company. They will help with Corporation Tax returns, Companies House filings, and payroll if you take a salary. They can also advise on dividend payments and tax-efficient profit extraction. This ensures you meet all legal obligations while maximising your take-home pay.
How often should I meet with my accountant?
The frequency of meetings depends on your business complexity. Many freelancers meet quarterly to review finances and plan for tax payments, while others only meet annually for their tax return. However, regular contact is beneficial, especially if your income fluctuates. Your accountant should be available for ad hoc queries, ensuring you never face a tax issue alone.
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