
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

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

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

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

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

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.<...

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

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

GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...

@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

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

Earne
Ernst & Young Global Limited, commonly known as Ernst & Young or simply EY, is a multinational professional services firm headquartered in London, Eng...See More

Reckonwell Finance
We are a distinguished Boutique Virtual Finance Office that champions excellence in financial solutions.

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

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
Enterprise Nation
We help people to start and grow their own business.

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

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
Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant, verify that they are properly qualified and regulated by a recognised body such as ACCA, ICAEW, or AAT. Look for experience with freelancers specifically, as they will understand the unique tax obligations and cash flow patterns. Consider their communication style and availability, and check whether they offer services like Self Assessment filing, VAT management, and tax planning. Reading client reviews and asking for references can also help you make an informed 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, ensuring you meet HMRC deadlines. They will review your income and expenses to identify all allowable deductions, potentially reducing your tax bill. They can also advise on payments on account, which are advance payments towards your next tax bill. By handling the paperwork, they save you time and reduce the risk of errors that could trigger penalties or investigations.
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 £90,000. Even if your turnover is below this, you might choose to register voluntarily, especially if you supply other VAT-registered businesses or incur significant VAT on your expenses. An accountant can analyse your specific situation to determine whether voluntary registration is beneficial, and they can manage your VAT returns and records to ensure compliance with HMRC regulations.
What are the benefits of using a certified accountant over an unqualified bookkeeper?
Certified accountants, such as those with ACCA, ICAEW, or AAT qualifications, have undergone rigorous training and are bound by professional standards. They are authorised to provide a full range of services, including tax planning, Corporation Tax advice, and representation before HMRC. Unlike unqualified bookkeepers, they carry professional indemnity insurance and are subject to disciplinary procedures. This ensures you receive expert, reliable advice that protects your financial interests.
How often should I meet with my accountant throughout the year?
Regular communication is recommended, especially during key periods such as the end of the tax year, before VAT deadlines, and when you are making significant financial decisions. Many freelancers benefit from quarterly meetings to review cash flow and tax provisions. Your accountant should be available for ad hoc queries via email or phone. The frequency depends on the complexity of your affairs and your personal preference, but consistent contact helps avoid surprises at year end.
Can an accountant help me if I am already facing an HMRC investigation?
Yes, an accountant can be invaluable if you are under investigation by HMRC. They can communicate with HMRC on your behalf, gather the necessary records, and prepare a robust response to any queries. They will help you understand your rights and obligations, and they can negotiate settlements or payment plans if needed. Having professional representation reduces stress and ensures that your case is presented accurately and in the best possible light.
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