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MRC Accounting Services
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R Albert Accountancy Ltd
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AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

Naseems Accountants
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BROOKSON LIMITED
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Norbury Bookkeeping Services
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MJF ACCOUNTANCY LIMITED

Oakes Accounting
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Frequently asked questions
What should I look for when choosing an accountant for my freelance work?
When selecting an accountant, look for qualifications from recognised bodies such as ACCA, ICAEW, or AAT. Ensure they have experience with freelancers and understand Self Assessment, VAT, and allowable expenses. Check that they offer proactive advice and clear communication. It is also wise to confirm their fee structure and whether they provide support in the event of an HMRC enquiry.
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 identify all allowable expenses and reliefs you are entitled to, reducing your tax bill. They can also help you keep records organised throughout the year and advise on payments on account, ensuring you are not caught out by unexpected tax demands.
Do I need to register for VAT as a freelancer?
If your taxable turnover exceeds the current VAT threshold, you must register for VAT. An accountant can advise you on whether voluntary registration is beneficial for your business. They can help you complete the registration process, manage your VAT returns, and ensure you claim back any input tax correctly. This is essential for staying compliant with HMRC.
What is the difference between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW are prestigious accountancy bodies that require rigorous training and ongoing professional development. ACCA is globally recognised and often associated with business and management accounting, whilst ICAEW is highly regarded for its chartered accountancy qualification. Both provide excellent standards of service, so your choice may depend on your specific needs and the accountant's experience with freelancers.
Can an accountant help me if I operate through a limited company?
Yes, an accountant with experience in limited companies can assist with Corporation Tax, payroll, and dividend planning. They will ensure your company accounts are filed with Companies House and HMRC on time. They can also advise on salary versus dividend extraction to minimise your tax liability, and help you understand your responsibilities as a director.
How often should I meet with my accountant?
The frequency of meetings depends on your business complexity and personal preference. Many freelancers meet their accountant quarterly or twice a year to review finances and plan for tax payments. Some accountants offer ongoing support via phone or email. Regular communication helps you stay on top of your obligations and make informed decisions throughout the year.
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