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MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
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Taxeasy Ltd
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MARK SASTA & ASSOCIATES
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Not Just Bookkeeping Ltd
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MINT FORMATIONS LTD
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Financial Partnership London
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Hayes Accountants
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EXPEDIENT ACCOUNTANCY
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ION Chartered Accountant
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Clear House Accountants
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" Accountify – Chartered Certified Accountants"
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Numerii Ltd
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1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More

KAAB
BUSINESS ADVISORY-Would you like to see how i can help to improve your profit, your cashflow and the value of your business value?
We want you to i...See More
Frequently asked questions
What should I look for when choosing an accountant as a freelancer?
When selecting an accountant, look for recognised qualifications such as ACCA, ICAEW or AAT membership, as these demonstrate a high standard of professional competence. You should also consider their experience with freelancers specifically, including familiarity with Self Assessment, VAT and Corporation Tax. Check that they are regulated and ideally have positive client feedback. A good accountant will communicate clearly, offer proactive advice, and help you plan for tax deadlines, so you can focus on your work with confidence.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and file your Self Assessment tax return accurately and on time, ensuring you meet HMRC requirements. They will review your income and expenses to identify all allowable deductions, which can reduce your tax bill. They can also advise on payments on account and help you set aside the right amount for tax. If HMRC enquires into your return, your accountant can represent you and handle the correspondence, giving you peace of mind.
Do I need an accountant if I am a freelancer with a limited company?
Yes, having an accountant is highly recommended if you operate through a limited company. They can help with Corporation Tax calculations, Company Tax Returns, and ensuring you comply with Companies House filing requirements. An accountant can also advise on salary versus dividends, which can be more tax-efficient, and manage your PAYE if you take a salary. Their expertise helps you avoid penalties and maximise your take-home pay.
What is the difference between ACCA, ICAEW and AAT qualified accountants?
ACCA and ICAEW are chartered accountancy bodies whose members have completed rigorous exams and practical experience, often specialising in areas like taxation and audit. AAT qualifications focus on technical accounting skills and are often a stepping stone to full chartered status. All three bodies require members to follow strict ethical guidelines and maintain continuing professional development. When choosing an accountant, any of these qualifications indicates a high level of competence and professionalism.
Can an accountant help me with VAT registration and returns?
Absolutely. If your freelance turnover exceeds the VAT threshold, you must register for VAT with HMRC. An accountant can advise whether registration is compulsory or voluntary, help you choose the right VAT scheme, and prepare your VAT returns accurately. They can also guide you on what input VAT you can reclaim and ensure you meet submission deadlines. This support is invaluable for avoiding costly errors and penalties.
How often should I meet with my accountant?
The frequency of meetings depends on your individual circumstances and the complexity of your finances. Many freelancers meet their accountant quarterly to review cash flow and tax planning, whilst others prefer an annual meeting around the Self Assessment deadline. However, you should feel free to contact your accountant whenever you have questions about tax, expenses or business decisions. Regular communication helps you stay on top of your obligations and make informed financial choices.
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