
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

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

LFR Accounting
Accountancy and taxation services

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More
Frequently asked questions
What specific services do accountants for freelancers typically offer?
Accountants for freelancers usually provide a range of services tailored to the self-employed. These include preparing and filing your annual Self Assessment tax return, managing your VAT returns if you are registered, and offering advice on allowable expenses to reduce your tax bill. They can also assist with bookkeeping, cash flow forecasting, and setting up a limited company if you decide to incorporate. Many accountants offer year-round support, answering questions about HMRC correspondence and helping you plan for your tax payments, ensuring you remain compliant and financially organised.
How can an accountant help me with my Self Assessment tax return?
An accountant can take the stress out of Self Assessment by handling the entire process for you. They will gather all necessary information about your income and expenses, calculate your tax liability accurately, and submit the return to HMRC before the deadline. They also ensure you claim all allowable expenses and reliefs you are entitled to, which could lower your tax bill. If HMRC enquires into your return, your accountant can represent you and provide the required documentation, giving you professional support throughout the process.
What qualifications should I look for in a freelance accountant?
When choosing an accountant, look for qualifications from recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications indicate that the accountant has undergone extensive training and adheres to strict ethical and professional standards. Membership in these bodies also requires ongoing continuing professional development, ensuring your accountant stays up to date with the latest tax laws and regulations. Additionally, check if they are regulated and have relevant experience working with freelancers, as this ensures they understand the unique challenges of self-employment.
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 £85,000. However, you can also choose to register voluntarily if it benefits your business, for example, to reclaim VAT on your purchases. An accountant can advise you on whether voluntary registration is worthwhile based on your specific circumstances. They can also help you complete the VAT registration process, manage your VAT returns, and ensure you comply with HMRC's requirements, avoiding potential penalties for late submissions.
How often should I meet with my accountant throughout the year?
The frequency of meetings depends on your individual needs and the complexity of your finances. Many freelancers benefit from quarterly meetings to review their cash flow, discuss upcoming tax payments, and plan for the future. Some accountants offer ongoing support via phone or email, so you can contact them whenever you have a question. At minimum, you should have a meeting before your Self Assessment deadline to prepare your tax return. Your accountant can recommend a schedule that keeps you on track and ensures you are not caught off guard by tax obligations.
What are the benefits of using an accountant who is ACCA or ICAEW certified?
Using an accountant who is ACCA or ICAEW certified provides assurance of their expertise and professionalism. These certifications require rigorous examinations and practical experience, ensuring the accountant has a deep understanding of tax law and accounting principles. Certified accountants are also bound by a code of ethics and must maintain their knowledge through continuing professional development. This means they are well-equipped to handle complex tax issues, provide accurate advice, and act in your best interest, giving you confidence in the management of your freelance finances.
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