
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

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More

DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More

Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More

City Tax London
City Tax London provides unparalleled personalized accounting services and th...

MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More

Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More

Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More

Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More
Frequently asked questions
What specific records should I keep for my accountant if I am a freelancer?
You should keep a detailed record of all your income and business expenses, including receipts for travel, equipment, and software. It is also wise to maintain a log of any invoices you have issued and payments received. Your accountant will use this information to prepare your Self Assessment tax return accurately and to identify allowable deductions that can reduce your tax liability.
How can an ACCA qualified accountant assist with my HMRC tax return?
An ACCA qualified accountant possesses the technical knowledge to complete your tax return correctly and submit it to HMRC before the deadline. They can help you interpret complex tax rules, ensure you are claiming all relevant expenses, and calculate your Class 4 National Insurance contributions. Their expertise minimises the risk of errors and potential enquiries from HMRC.
When should I register for VAT as a self-employed individual?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £90,000. However, you can also register voluntarily if you wish to reclaim VAT on your business purchases. An accountant can advise you on the best approach for your specific situation, including whether the Flat Rate Scheme would be beneficial for your freelance business.
What is the difference between a bookkeeper and an ICAEW regulated accountant?
A bookkeeper typically focuses on recording daily financial transactions, such as sales and purchases. An ICAEW regulated accountant offers a higher level of strategic advice, including tax planning, financial forecasting, and preparing statutory accounts. While a bookkeeper is useful for data entry, an accountant provides analysis and guidance to help you make informed business decisions.
Can an accountant help me if I have missed the Self Assessment filing deadline?
Yes, an accountant can assist you in submitting a late tax return and communicating with HMRC on your behalf. They can help you calculate any penalties or interest owed and may be able to present a reasonable excuse to HMRC to potentially have the penalty reduced. Seeking professional help immediately is crucial to limit further financial damage.
How does a specialist freelancer accountant help with Corporation Tax?
If you operate your freelance business through a limited company, you are subject to Corporation Tax on your profits. A specialist accountant will prepare your company accounts and calculate the Corporation Tax due. They will also advise on salary versus dividend extraction strategies to minimise your overall tax burden whilst ensuring you comply with all legal obligations.
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