
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 work?
When selecting an accountant, prioritise qualifications from recognised bodies such as ACCA, ICAEW, or AAT. Ensure they have experience with freelance clients and understand your specific industry. Check that they offer services aligned with your needs, such as Self Assessment preparation, VAT handling, or Corporation Tax advice. Communication style and availability are also important, as you want an accountant who responds promptly and explains matters clearly.
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, ensuring you claim all allowable expenses and reliefs. They will calculate your tax liability, including any payments on account, and advise on record keeping throughout the year. This reduces the risk of errors and penalties, and gives you peace of mind that your tax affairs are in order.
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. Even if you are below this, voluntary registration might be beneficial depending on your clients and expenses. An accountant can analyse your specific situation, advise on whether to register, and manage your VAT returns to ensure compliance with HMRC requirements.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and adhere to strict ethical and professional standards. They possess up-to-date knowledge of tax legislation and accounting practices, ensuring your finances are managed correctly. Their qualifications also mean they are regulated, offering you protection and recourse should any issues arise. This level of expertise is invaluable for freelancers navigating complex tax rules.
Can an accountant help me if I operate through a limited company?
Yes, accountants are essential for freelancers who trade through a limited company. They can prepare annual accounts, file Corporation Tax returns, manage PAYE and dividends, and ensure compliance with Companies House requirements. They also provide strategic advice on tax-efficient salary and dividend extraction, helping you minimise your tax burden whilst staying within legal boundaries.
How does AccountingFirms ensure the accountants listed are reliable?
AccountingFirms was established by ICAEW and ACCA accountants, so we understand the importance of professional credibility. Every firm featured in our directory is verified and regulated by recognised accountancy bodies. We encourage users to review profiles and qualifications before making contact. Our aim is to provide a trustworthy platform where you can compare providers and select a professional who meets your needs.
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