
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

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
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...

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

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

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...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
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.

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

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

The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More

DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...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

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
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant, look for recognised qualifications such as ACCA, ICAEW, or AAT, as these demonstrate a high level of expertise and adherence to professional standards. You should also consider their experience with freelancers specifically, as they will understand the nuances of Self Assessment, allowable expenses, and HMRC requirements. Check that they offer the services you need, such as tax return preparation or VAT advice, and that their fee structure is transparent. Finally, ensure they are easily accessible and responsive to your queries throughout the year.
How can a freelancer accountant help with HMRC tax investigations?
A qualified accountant can be invaluable during an HMRC tax investigation. They will help you gather the necessary records, prepare clear explanations for any discrepancies, and act as your representative in communications with HMRC. Their knowledge of tax law and investigation procedures ensures that your rights are protected and that you respond appropriately to any requests. Having professional support reduces stress and can help resolve the investigation more quickly, potentially minimising any penalties or additional tax liabilities that may arise.
Do I need to be VAT-registered as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £90,000 as of 2024. Even if your turnover is below this, you may choose to voluntarily register, which can be beneficial if you incur significant VAT on business expenses. A specialist accountant can advise you on whether voluntary registration is advantageous for your particular circumstances. They can also handle your VAT returns and ensure you comply with all relevant regulations, helping you avoid costly mistakes.
What are the benefits of using a certified accountant for my Self Assessment?
Using a certified accountant for your Self Assessment ensures that your tax return is accurate and complete, reducing the risk of errors that could trigger an HMRC enquiry. They will identify all allowable expenses you are entitled to claim, potentially lowering your tax bill. An accountant can also help you plan for your tax payment, ensuring you set aside enough money and meet deadlines. Their expertise provides peace of mind, knowing that your tax affairs are handled professionally and in accordance with current legislation.
How often should I meet with my accountant as a freelancer?
The frequency of meetings with your accountant depends on your business complexity and personal preferences. Many freelancers benefit from quarterly reviews to discuss cash flow, tax planning, and upcoming obligations. Others may only need an annual meeting to prepare their tax return. However, regular contact throughout the year can help you make more informed financial decisions and avoid last-minute surprises. Your accountant can also provide ongoing advice via email or phone, so you can reach out whenever a significant financial event occurs.
Can an accountant help me if I have missed the Self Assessment deadline?
Yes, an accountant can assist you if you have missed the Self Assessment deadline. They will help you file your return as soon as possible and can advise on the penalties you may face, including the initial £100 fine and daily charges if the delay continues. They can also help you negotiate a payment plan with HMRC if you are unable to pay your tax bill in full. Acting quickly with professional guidance can minimise the financial impact and get your affairs back on track.
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