
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

TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...

Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More

Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...See More

IDEO BUSINESS SERVICES LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...See More

CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More

LFR Accounting
Accountancy and taxation services

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

MJF ACCOUNTANCY LIMITED
Frequently asked questions
What records do I need to keep as a sole trader for my accountant?
You need to keep records of all your income and expenses, including receipts, invoices, and bank statements. Your accountant will use these to prepare your Self Assessment tax return. It is also wise to keep records of any personal money introduced into the business or taken out for personal use, as these can affect your tax position.
How can an accountant help me with my HMRC tax return?
An accountant can ensure your tax return is accurate and submitted on time, helping you avoid penalties. They can identify allowable expenses you may have missed, ensuring you pay no more tax than necessary. They also act as a buffer between you and HMRC, handling any queries or investigations that may arise.
What is the difference between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW are prestigious professional bodies. ACCA (Association of Chartered Certified Accountants) has a strong international focus, while ICAEW (Institute of Chartered Accountants in England and Wales) is more UK-centric. Both qualifications require rigorous exams and practical experience, ensuring a high standard of professional competence and ethical conduct.
Do I need to be VAT-registered as a sole trader?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £85,000. Even if your turnover is below this, you may choose to register voluntarily, which can be beneficial if you incur VAT on your business purchases. An accountant can advise on the best approach for your specific circumstances.
What are the benefits of using a certified accountant from a body like AAT?
AAT (Association of Accounting Technicians) members are skilled in practical accounting tasks such as bookkeeping, payroll, and preparing accounts. They often work alongside ACCA or ICAEW professionals. Using an AAT-certified accountant can be a cost-effective way to get day-to-day financial management support, ensuring your records are accurate and up to date.
Can an accountant help me with Making Tax Digital for Income Tax?
Yes, an accountant can guide you through the requirements of Making Tax Digital (MTD) for Income Tax. They can help you choose compatible software, set up your digital records, and ensure you file quarterly updates to HMRC correctly. This ensures you remain compliant and avoid any potential penalties for non-compliance.
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