
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
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

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

Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...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

MJF ACCOUNTANCY LIMITED

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

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

Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...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 from bodies such as ACCA, ICAEW, or AAT. Ensure they have experience working with freelancers and understand your specific industry. Check that they are registered with HMRC for agent services and can handle your Self Assessment tax return. It is also wise to consider their communication style and whether they offer proactive advice on tax planning and allowable expenses.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time. They will review your income and expenses to ensure you claim all allowable deductions, potentially reducing your tax bill. They can also advise on payments on account and help you plan for any tax due. This professional support minimises the risk of errors and penalties from HMRC.
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, even if you are below this limit, voluntary registration might be beneficial depending on your clients and expenses. An accountant can analyse your situation and advise whether VAT registration is advantageous. They can also handle your VAT returns and ensure compliance with HMRC regulations.
What is the difference between a sole trader and a limited company for freelancers?
As a sole trader, you are personally responsible for business debts and pay Income Tax on your profits. A limited company is a separate legal entity, offering limited liability and potentially more tax-efficient profit extraction through dividends. However, a limited company requires more administrative work, including filing accounts with Companies House. An accountant can explain the pros and cons based on your earnings and long-term goals.
How often should I meet with my accountant?
The frequency of meetings depends on your business needs. Many freelancers meet their accountant quarterly to review cash flow and tax planning, whilst others only communicate during tax season. Regular contact can help you stay on top of your finances and avoid surprises. Your accountant can also provide ongoing advice as your income changes, so establishing a schedule that works for both of you is beneficial.
Can an accountant help if I have missed an HMRC deadline?
Yes, an accountant can assist if you have missed a deadline. They can help you submit any outstanding returns as quickly as possible and communicate with HMRC on your behalf. They may also advise on appealing late filing penalties if you have a reasonable excuse. Acting promptly is crucial to minimise fines and interest charges, so contacting an accountant immediately is recommended.
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