
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

OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.

Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More

Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More

Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More

EFJ CONSULTING LTD
We are the firm of Chartered Certified Accountants based in London. We provide professional and practical help with all aspects of accountancy and tax...See More

Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More

Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More

London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More

Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Coman And Co Ltd
Chartered Tax Advisers and Chartered Certified Accountants, we offer assistance with tax return compliance and specialist tax consultancy services for...See More

Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More
Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant, look for recognised qualifications such as ACCA, ICAEW, or AAT membership. Check their experience with freelancers specifically, and ask about their fees and services. Ensure they are registered with HMRC for agent services, and consider their communication style and availability. A good accountant will offer proactive advice and be accessible throughout the year.
How can an accountant help me with my Self Assessment tax return?
An accountant will prepare and file your Self Assessment tax return accurately and on time, ensuring you claim all allowable expenses and reliefs. They will also advise you on payments on account and help you plan for your tax bill. If HMRC enquires into your return, your accountant can handle the correspondence on your behalf, reducing your stress.
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 you are below this, voluntary registration can be beneficial if you incur VAT on business purchases. An accountant can assess your situation and advise on whether VAT registration is right for you, and they will manage your returns.
What is the difference between a sole trader and a limited company for freelancers?
As a sole trader, you are personally responsible for business debts and pay Income Tax on profits. A limited company is a separate legal entity, which can offer tax advantages and limited liability, but involves more administrative duties. An accountant can explain the pros and cons of each structure and help you choose the best option for your circumstances.
How can an ACCA or ICAEW qualified accountant benefit my freelance business?
Accountants with ACCA or ICAEW qualifications have undergone rigorous training and adhere to strict ethical and professional standards. They bring a depth of knowledge in tax and accounting that ensures your affairs are managed correctly. Their expertise can help you save money through effective tax planning and avoid penalties for non-compliance with HMRC regulations.
What records do I need to keep for my accountant?
You should keep records of all income and expenses, including invoices, receipts, and bank statements. If you use a vehicle for business, keep a mileage log. For a limited company, you need to record dividends and director's loan transactions. Your accountant can provide a list of required records and help you set up a simple system to track everything.
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