
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

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

J. Jervis Accounting Services LTD

THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm

MJF ACCOUNTANCY LIMITED

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

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...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
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...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

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

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant, it is important to consider their qualifications, experience with freelancers, and the range of services they offer. Look for accreditations from recognised bodies such as ACCA, ICAEW, or AAT, as these indicate a high level of professional competence. Additionally, consider whether they have experience with clients in your specific industry and whether they can assist with services you may need, such as Self Assessment, VAT, and Corporation Tax.
How can an accountant help me with my Self Assessment tax return?
An accountant can take the stress out of completing your Self Assessment tax return. They will review your income and expenses to ensure you claim all allowable deductions, which can reduce your tax bill. They will also ensure that your return is submitted accurately and on time to HMRC, helping you avoid late filing penalties and potential investigations. Their expertise ensures that you are paying the correct amount of tax, no more and no less.
What are the benefits of using a certified accountant over a general bookkeeper?
Certified accountants, such as those who are members of ACCA, ICAEW, or AAT, have undergone extensive training and must adhere to strict professional standards. They are qualified to provide a full range of services, including tax planning, strategic advice, and complex financial reporting. In contrast, a general bookkeeper may only be able to handle basic record-keeping. For a freelancer, a certified accountant can offer proactive advice to help your business grow and remain tax-efficient.
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 if you have missed deadlines or have outstanding tax liabilities. They can help you bring your filings up to date and negotiate with HMRC on your behalf to arrange a Time to Pay agreement if you cannot pay your tax bill in full. Their knowledge of HMRC procedures can be invaluable in resolving such issues and preventing further escalation, giving you peace of mind.
What is the difference between a sole trader and a limited company for freelancers?
As a sole trader, you are self-employed and personally responsible for your business's debts, but you only need to file a Self Assessment tax return. Operating through a limited company means you are a director and shareholder, and the company is a separate legal entity. This structure can offer tax advantages, such as paying Corporation Tax on profits and potentially taking income as dividends, but it also comes with additional administrative duties. An accountant can help you decide which structure is best for your circumstances.
How often should I meet with my accountant to keep my finances in order?
The frequency of meetings with your accountant will depend on the complexity of your financial situation and your personal preference. Many freelancers benefit from a quarterly review to ensure their records are up to date and to plan for upcoming tax payments. However, your accountant should be available throughout the year for advice on ad-hoc matters, such as a new contract or a significant purchase. Regular communication helps ensure you are always on track.
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