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Financial Claims Consultants
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SG CONTRACTOR ACCOUNTING LIMITED
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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
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KINGS OAK ACCOUNTANCY (SOMERSET) LTD
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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
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.

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
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QUENTELA ACCOUNTING LIMITED
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Modus Accountants Limited
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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

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

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

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

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More

OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant, look for qualifications from recognised bodies such as ACCA, ICAEW, or AAT. Check that they have experience working with freelancers in your industry and that they offer services relevant to your needs, such as Self Assessment, VAT, and Corporation Tax. It is also wise to consider their communication style and whether they provide proactive advice throughout the year, not just at tax return deadlines.
How can a freelance accountant help me with HMRC deadlines?
A freelance accountant can help you stay on top of all HMRC deadlines by preparing and submitting your Self Assessment tax return before the January 31st deadline. They can also manage your VAT returns, ensuring they are filed accurately and on time. If you receive any correspondence from HMRC, your accountant can respond on your behalf, reducing stress and preventing any potential penalties for late submissions.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and assessments, ensuring they possess up-to-date knowledge of tax legislation and accounting standards. They are bound by professional codes of conduct, which means they must act in your best interest and maintain confidentiality. Choosing such a professional gives you confidence that your financial affairs are handled competently and ethically.
Can an accountant help me with VAT registration for my freelance work?
Yes, an accountant can advise you on whether you are required to register for VAT based on your taxable turnover. They can also help you decide if voluntary registration is beneficial for your business. Once registered, they can assist with completing VAT returns, claiming input tax, and ensuring you comply with the Making Tax Digital requirements, which are mandatory for most VAT-registered businesses.
How often should I meet with my accountant as a freelancer?
The frequency of meetings depends on the complexity of your finances and your personal preferences. Many freelancers meet with their accountant quarterly to review cash flow, discuss tax planning, and ensure records are up to date. Others may only require an annual meeting for their tax return. A good accountant will offer ongoing support and be available to answer questions as they arise throughout the year.
What records do I need to keep for my freelance accountant?
You should keep records of all income received, including invoices and bank statements, as well as receipts for any business expenses you plan to claim. If you are VAT registered, you must also retain records of VAT charged and paid. Your accountant can provide a list of acceptable expenses and guide you on how to organise your records, whether you use spreadsheets or accounting software.
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