
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 services do accountants for freelancers typically provide?
Accountants for freelancers offer a range of services including preparing and filing Self Assessment tax returns, managing VAT returns, and advising on allowable expenses. They can also help with bookkeeping, cash flow forecasting, and ensuring you meet HMRC deadlines. Many also provide guidance on whether to operate as a sole trader or limited company, and assist with Corporation Tax if applicable. Their goal is to keep your finances compliant and optimised.
How can an accountant help with my Self Assessment tax return?
An accountant will gather your income and expense details, calculate your tax liability, and submit your Self Assessment return to HMRC before the deadline. They ensure all allowable deductions are claimed, reducing your tax bill legally. They can also advise on payments on account and help you plan for future tax bills. This saves you time and reduces the risk of errors or penalties.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications demonstrate a high level of professional competence and adherence to strict ethical standards. These accountants undergo rigorous training and continuous development to stay current with tax laws. Choosing such a professional ensures your finances are handled accurately and that you receive expert advice. It also provides reassurance that your accountant is regulated and accountable to a professional body.
What is the difference between a sole trader and a limited company for freelancers?
As a sole trader, you are personally responsible for business debts and pay tax through Self Assessment. A limited company is a separate legal entity, meaning you pay Corporation Tax on profits and may take a salary and dividends. Accountants can explain the pros and cons of each structure, considering your income, liability, and future plans. They help you choose the most tax-efficient option.
Can an accountant help me if I am already behind on my tax returns?
Yes, an accountant can assist you in bringing your tax affairs up to date. They will review your records, file any outstanding returns, and communicate with HMRC on your behalf to resolve penalties or payment issues. They can also set up a payment plan if you owe tax. Acting quickly with professional help can reduce further complications and stress.
How often should I meet with my accountant as a freelancer?
The frequency of meetings depends on your business complexity. Many freelancers meet their accountant quarterly to review cash flow and plan for tax payments. Others only meet annually for their tax return. However, regular contact is beneficial, especially if your income fluctuates or you are considering business changes. Your accountant can advise on the best schedule for your circumstances.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.
