
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

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...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
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant, verify their qualifications and experience with freelancers. Look for ACCA, ICAEW, or AAT accreditation, which ensures professional standards. Check that they offer services relevant to your needs, such as Self Assessment tax returns, VAT handling, and expense tracking. A good accountant will communicate clearly and help you plan for tax deadlines. Reading client reviews and comparing fees can also guide your decision.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time. They will identify all allowable expenses to reduce your tax bill, calculate your National Insurance contributions, and advise on payments on account. They also help you keep proper records throughout the year, making the process smoother. If HMRC enquires into your return, your accountant can represent you and handle the correspondence.
Do I need to register for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold, which is reviewed periodically. Even if you are below the threshold, voluntary registration might be beneficial if you incur significant VAT on business purchases. An accountant can assess your situation, advise on whether to register, and help you complete VAT returns. They will also guide you on which VAT scheme suits your business, such as the flat rate scheme.
What are the benefits of using a certified accountant over a general bookkeeper?
Certified accountants, such as those with ACCA or ICAEW membership, have undergone rigorous training and must adhere to strict ethical guidelines. They possess in-depth knowledge of tax law and can provide strategic advice beyond basic bookkeeping. They are qualified to handle complex matters like Corporation Tax, capital gains, and HMRC investigations. Their expertise ensures compliance and can save you money through effective tax planning.
How often should I meet with my accountant to discuss my freelance finances?
It is advisable to have a meeting at least twice a year: once to review your year-end accounts and another to plan for the upcoming tax year. However, you may need more frequent contact if your income fluctuates or you are considering business changes. Many accountants offer ongoing support via email or phone. Regular communication helps you stay on top of deadlines and make informed decisions throughout the year.
Can an accountant help me if I am behind on my tax returns or owe money to HMRC?
Yes, an experienced accountant can assist you in getting back on track. They can file overdue returns, negotiate a payment plan with HMRC, and help you reduce penalties by demonstrating reasonable excuse where applicable. They will also review your records to ensure accuracy and prevent future issues. Seeking professional help promptly is crucial to minimise financial and legal consequences.
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