
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 specific services do accountants for freelancers typically provide?
Accountants for freelancers typically provide a range of services including preparing and submitting your Self Assessment tax return, managing VAT registration and returns, and advising on allowable expenses. They also offer bookkeeping support, help with tax planning, and can assist with setting up and running a limited company. Many also provide advice on IR35 status and help you understand your tax obligations throughout the year, ensuring you stay compliant with HMRC.
How can an accountant help me with my HMRC tax return?
An accountant can help with your HMRC tax return by accurately calculating your income and expenses, ensuring you claim all allowable deductions, and submitting the return electronically before the deadline. They will also advise you on how much tax and National Insurance you owe, helping you set aside the correct amount. If HMRC enquires into your return, your accountant can represent you and handle the communication, giving you peace of mind.
What qualifications should I look for when choosing a freelance accountant?
When choosing a freelance accountant, look for qualifications from recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications demonstrate that the accountant has undergone rigorous training and adheres to high ethical and professional standards. Membership in these bodies also requires continuing professional development, ensuring your accountant stays up to date with the latest tax laws and regulations. Always verify their credentials and check if they are regulated.
Do I need to be VAT-registered as a freelancer, and can an accountant advise me?
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, which may be beneficial depending on your clients. An accountant can advise you on whether voluntary registration is right for you, help with the registration process, and manage your VAT returns. They will also ensure you claim back any VAT on your business purchases correctly.
How does an accountant help with Corporation Tax if I operate as a limited company?
If you operate as a limited company, your accountant will prepare your annual accounts and calculate your Corporation Tax liability. They will ensure you file your Company Tax Return with HMRC on time and advise on tax-efficient ways to extract profits, such as salary versus dividends. They will also help you with expenses, capital allowances, and any other deductions to minimise your tax bill while staying compliant.
What is the difference between an ACCA and an ICAEW qualified accountant?
Both ACCA and ICAEW are prestigious accountancy qualifications recognised globally. ACCA (Association of Chartered Certified Accountants) focuses on a broad range of accountancy skills and is popular among those working in practice or industry. ICAEW (Institute of Chartered Accountants in England and Wales) is known for its rigorous training and is often associated with chartered accountancy. Both require significant study and practical experience, and members must follow strict ethical guidelines.
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.
