
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

Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...See More

IDEO BUSINESS SERVICES 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.

Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...See More

Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More

TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...

CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More

Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More

LFR Accounting
Accountancy and taxation services

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...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

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

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

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
Frequently asked questions
What services do accountants for freelancers typically offer?
Accountants for freelancers usually provide services such as Self Assessment tax return preparation, bookkeeping, VAT returns, and Corporation Tax filings. They also offer advice on allowable expenses, tax-efficient profit extraction, and cash flow management. Many accountants provide ongoing support throughout the year, helping you understand your tax obligations and plan for payments. They can also assist with HMRC correspondence and ensure you meet all filing deadlines, giving you peace of mind to focus on your freelance work.
Why should I choose an ACCA or ICAEW qualified accountant?
Choosing an ACCA or ICAEW qualified accountant ensures you are working with a professional who has undergone rigorous training and adheres to strict ethical standards. These qualifications are recognised globally and demonstrate a high level of competence in accounting and tax matters. Qualified accountants are required to keep their knowledge up to date, meaning they are well-versed in current HMRC regulations. This provides you with confidence that your financial affairs are handled correctly and efficiently, reducing the risk of errors or penalties.
How can an accountant help me with my Self Assessment tax return?
An accountant can help you with your Self Assessment tax return by ensuring that all your income and expenses are accurately reported. They will identify allowable deductions you may have overlooked, potentially reducing your tax bill. They also calculate your Class 4 National Insurance contributions and ensure your return is submitted to HMRC before the deadline. If HMRC queries your return, your accountant can handle the correspondence on your behalf, providing you with professional representation and peace of mind.
What is the difference between a freelancer and a limited company for tax purposes?
A freelancer can operate as a sole trader or through a limited company. As a sole trader, you pay Income Tax and National Insurance on your profits via Self Assessment. If you operate through a limited company, you pay Corporation Tax on company profits, and you may take a salary and dividends. Each structure has different tax implications, reporting requirements, and legal responsibilities. An accountant can explain these differences and help you decide which structure is most tax-efficient for your circumstances.
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. However, you can also choose to register voluntarily if it benefits your business, for example, if you want to reclaim VAT on purchases. An accountant can advise you on whether voluntary registration is worthwhile and help you complete the necessary paperwork. They can also manage your VAT returns and ensure you comply with HMRC's Making Tax Digital requirements, which mandate the use of compatible software for VAT records.
How do I find the right accountant for my freelance business?
To find the right accountant, consider your specific needs, such as whether you require help with tax returns, VAT, or payroll. Look for professionals who have experience working with freelancers in your industry. Check their qualifications, such as ACCA, ICAEW, or AAT membership, and read client reviews. It is also important to discuss fees upfront and ensure you feel comfortable communicating with them. Using a directory like AccountingFirms allows you to compare multiple accountants in your area, making the selection process easier.
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