
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

AWS ACCOUNTANTS (LONDON) LLP

SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...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

MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More

MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies

TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More

Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More

Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More

KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More

Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...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
Future Formations Ltd
Future Formations is the new generation of forming companies; we have an expert team on hand to help you take the first step towards your future. Ba...See More

YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...

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

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
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. Experience with freelancers is also important, as they will understand your specific tax and record-keeping needs. Check that they are registered with HMRC for agent services, and consider their communication style and availability. Reading reviews and asking for recommendations can also help you make an informed choice.
How can a freelancer accountant help with my Self Assessment tax return?
A freelancer accountant will prepare and file your Self Assessment tax return accurately and on time, ensuring you meet HMRC deadlines. They will identify allowable expenses to reduce your tax bill, calculate your Class 2 and Class 4 National Insurance contributions, and advise on payments on account. They can also help you understand your tax code and deal with any correspondence from HMRC.
Do I need to be VAT-registered as a freelancer?
VAT registration is compulsory if your taxable turnover exceeds the current threshold, but you can also register voluntarily. An accountant can advise whether voluntary registration is beneficial for your specific situation, considering factors like the nature of your clients and your purchases. They will also help you complete VAT returns and ensure you comply with Making Tax Digital requirements.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone extensive training and are bound by strict professional and ethical guidelines. They possess deep technical knowledge and are required to maintain their skills through continuing professional development. Using such a professional gives you confidence that your financial affairs are handled correctly, reducing the risk of errors and penalties from HMRC.
Can an accountant help me if HMRC opens an enquiry into my tax return?
Yes, an experienced accountant can represent you during an HMRC enquiry. They will handle all communication, prepare the necessary documentation, and ensure your rights are protected. They will work to resolve the enquiry as quickly and favourably as possible, minimising stress and potential financial impact. Having professional representation can make a significant difference in the outcome.
How often should I meet with my accountant?
The frequency of meetings depends on your individual needs and the complexity of your finances. Many freelancers meet with their accountant quarterly to review cash flow and tax planning, while others only meet annually to prepare their tax return. Regular communication is beneficial, as it allows your accountant to provide proactive advice and help you make informed decisions throughout the year.
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