
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

ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More

Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More

1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...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

Persona Finance
Persona Finance is a London accounting company with an office at 63/66 Hatton Garden in London. Due to the lock-down, we are happy to provide ou...See More

KAAB
BUSINESS ADVISORY-Would you like to see how i can help to improve your profit, your cashflow and the value of your business value?
We want you to i...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

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

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.

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
See More

@UKPLC
More than 40 years ago Stanley Davis started in the company formations business, offering clients cost-effective prices and quick turn-around UK and o...See More

Naail & Co Chartered Certified Accountants
We are a London based accounting firm, offering all round accountancy, taxation and support services to a wide range of businesses.<...
Enterprise Nation
We help people to start and grow their own business.

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....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 business?
When choosing an accountant for your freelance business, look for recognised qualifications such as ACCA, ICAEW, or AAT. These ensure the accountant has the necessary expertise and adheres to professional standards. Also consider their experience with freelancers specifically, as they will understand the unique tax and record-keeping requirements. Check their familiarity with HMRC online services and their ability to advise on VAT and Self Assessment. Finally, consider their communication style and availability, as you will need to work together throughout the year.
How can an accountant help me with my Self Assessment tax return?
An accountant can help you with your Self Assessment tax return by ensuring all your income and allowable expenses are correctly recorded. They will prepare and file your return electronically with HMRC, meeting the deadline and avoiding penalties. They can also advise on tax-deductible expenses specific to your freelance work, such as equipment, travel, and home office costs. Furthermore, they can help you plan for your tax bill by suggesting regular savings or payments on account, ensuring you are not surprised by a large liability.
What is the difference between a sole trader and a limited company for a freelancer?
As a sole trader, you are self-employed and report your business income on a Self Assessment tax return. You are personally liable for any business debts. As a limited company, you are a director and shareholder, and the company is a separate legal entity. This means you pay Corporation Tax on company profits and can take income as a salary and dividends. A limited company may offer tax efficiencies, but it comes with more administrative responsibilities. An accountant can help you decide which structure is best for your circumstances.
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. Even if your turnover is below this, you may choose to register voluntarily, especially if you supply services to VAT-registered businesses. Being VAT-registered means you charge VAT on your invoices and can reclaim VAT on your business purchases. However, it also adds administrative duties, such as submitting VAT returns. An accountant can advise on whether voluntary registration is beneficial for your specific freelance business and help you manage the process.
How can an accountant help me with HMRC investigations or enquiries?
If HMRC opens an enquiry into your tax return, an accountant can act as your representative and handle all communication with HMRC. They will review your records, prepare the necessary documentation, and respond to HMRC's queries on your behalf. This reduces your stress and ensures that your rights are protected. An accountant with experience in dealing with HMRC can also negotiate on your behalf if any additional tax is due, potentially reducing penalties. Having professional support during an investigation is invaluable.
What records do I need to keep as a freelancer for tax purposes?
As a freelancer, you must keep records of all your income and expenses for at least five years after the 31 January submission deadline. This includes invoices, receipts, bank statements, and records of any business purchases. If you are VAT-registered, you also need to keep a VAT account and records of your VAT calculations. Using accounting software can help you maintain accurate digital records, which are now required under Making Tax Digital for income tax. An accountant can guide you on the best record-keeping practises and help you set up an efficient system.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.

