
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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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More

Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More

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

Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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.

MRC Accounting Services
Providing accounting services and solutions
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.

Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
Frequently asked questions
What specific records should I keep for my accountant if I am a freelancer?
You should maintain a detailed record of all your income and expenses, including invoices issued and receipts for business purchases. It is also wise to keep records of any mileage, home office costs, and professional subscriptions. Your accountant will need these figures to accurately complete your Self Assessment tax return and to ensure you claim every allowable deduction you are entitled to receive.
How can an ACCA qualified accountant help me with an HMRC tax investigation?
An ACCA qualified accountant can act as your authorised agent and handle all communication with HMRC on your behalf. They will help you gather the necessary evidence and documentation to support your tax return figures. Their professional knowledge of tax law and investigation procedures is invaluable in resolving the enquiry efficiently and minimising any potential penalties or additional tax liabilities.
What is the difference between using a general accountant and one that specialises in freelancers?
An accountant who specialises in freelancers will have a deep understanding of the unique challenges you face, such as irregular income and variable expenses. They are often more familiar with the specific allowable deductions relevant to your trade and can offer proactive advice on tax planning. This specialisation ensures you receive tailored support that maximises your tax efficiency and helps your business grow.
Do I need to register for VAT as a self-employed freelancer?
You must register for VAT if your total taxable turnover for the previous 12 months exceeds the current VAT threshold, which is £90,000. Even if your turnover is below this limit, you may choose to voluntarily register, which can be beneficial in certain circumstances. An accountant can analyse your specific situation and advise on the best course of action for your business.
Can an accountant help me if I have missed the deadline for filing my Self Assessment tax return?
Yes, an accountant can still assist you if you have missed the filing deadline. They can help you submit your return immediately and deal with any penalties that HMRC may have charged. They can also potentially argue for a 'reasonable excuse' to have the penalty reduced or cancelled, depending on the specific reasons for your delay. It is always best to seek professional help as soon as possible.
How often should I meet with my accountant to discuss my freelance finances?
Most freelancers benefit from meeting with their accountant at least twice a year, once for a mid-year review and again before the tax return deadline. However, many accountants offer ongoing support and are available for ad-hoc queries throughout the year. Regular communication ensures you are making informed financial decisions and staying on track with your tax obligations.
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