
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

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
Frequently asked questions
What should I look for when choosing an accountant for my freelance business?
When selecting an accountant, check their qualifications and whether they are regulated by a recognised body such as ACCA, ICAEW, or AAT. Look for experience with freelancers and self-employed clients, and ask about their services, fees, and how they communicate. A good accountant should understand your industry and be proactive in helping you with tax planning and compliance.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and file your Self Assessment tax return accurately and on time, ensuring you claim all allowable expenses and reliefs. They will help you organise your records, calculate your tax liability, and submit the return to HMRC electronically. This reduces the risk of errors and penalties, and saves you time and 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 £85,000. However, you may choose to register voluntarily if it benefits your business. An accountant can advise you on whether voluntary registration is worthwhile, help you complete the registration process, and manage your VAT returns and payments.
What are the benefits of using a qualified accountant who is ACCA or ICAEW certified?
Qualified accountants have undergone rigorous training and adhere to strict professional standards. They are regulated by their professional body, which means they must keep their knowledge up to date and follow ethical guidelines. Using an ACCA or ICAEW certified accountant gives you confidence that you are receiving expert advice and that your financial affairs are in safe hands.
Can an accountant help me if I operate as a limited company?
Yes, an accountant can provide invaluable support if you run your freelance business through a limited company. They can help with company formation, prepare annual accounts, file your Corporation Tax return, and manage your PAYE and dividends. They will also advise on tax-efficient ways to extract profits and ensure you meet all Companies House and HMRC requirements.
How does AccountingFirms.co.uk ensure that the accountants listed are reliable?
AccountingFirms.co.uk was built by ICAEW and ACCA accountants and only lists professionals who are verified and regulated. Each firm is checked to ensure they hold the necessary qualifications and are in good standing with their professional body. This vetting process gives you peace of mind that you are connecting with trustworthy and competent accountants.
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