
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

Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...See More

Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...See More

IDEO BUSINESS SERVICES 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.

Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More

TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...

CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More

Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More

LFR Accounting
Accountancy and taxation services

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...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

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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

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

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
Frequently asked questions
What specific services do accountants for freelancers typically offer?
Accountants for freelancers usually provide a range of services including preparing and filing your Self Assessment tax return, bookkeeping, VAT returns, and tax planning. They can also help with setting up a limited company, managing Corporation Tax, and advising on allowable expenses. Many offer ongoing support and can represent you in the event of an HMRC enquiry, ensuring your freelance finances are fully managed.
How can an ACCA or ICAEW qualified accountant benefit my freelance business?
An ACCA or ICAEW qualified accountant brings a high level of expertise and adheres to strict professional standards. They are required to keep their knowledge up to date with the latest tax legislation and accounting practices. This ensures that your tax returns are accurate, your tax liabilities are minimised legally, and you receive strategic advice that supports the growth of your freelance business.
When should I consider registering for VAT as a freelancer?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £90,000. However, you can also choose to register voluntarily if it benefits your business, for example, if you mostly deal with VAT-registered clients. An accountant can analyse your income and expenses to advise whether voluntary registration is advantageous, and they will handle the entire registration process with HMRC.
What records do I need to keep for my Self Assessment tax return?
You need to keep records of all your income and expenses, including invoices, receipts, bank statements, and any records of personal income. It is also important to track business mileage and any home office costs. Keeping these records organised throughout the year will make it easier for your accountant to prepare your tax return and ensure you claim all allowable deductions.
Can an accountant help me if HMRC launches an enquiry into my tax return?
Yes, an experienced accountant can provide invaluable support during an HMRC enquiry. They will handle all communication with HMRC on your behalf, prepare the necessary documentation, and ensure your rights are protected. Their professional expertise can help resolve the enquiry efficiently and minimise any potential penalties or additional tax liabilities.
How often should I meet with my accountant to discuss my freelance finances?
It is advisable to have a formal meeting with your accountant at least once a year, usually before your tax return deadline. However, many freelancers benefit from more frequent contact, such as quarterly reviews, to discuss cash flow, tax planning, and any changes in your business. Your accountant can also be available for ad-hoc advice whenever you need guidance.
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