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
Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More
GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More
J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More
Virtue Accountants Ltd
LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...
Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More
Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More
.jpg)
Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...See More
Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More
Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More
John Lavender accounting ltd
John Lavender Accounting Firm is a beacon of precision and expertise in the financial landscape. With a legacy steeped in integrity and excellence, we...See More
AWS ACCOUNTANTS (LONDON) LLP
KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More
TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities
SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More
MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More
Frequently asked questions
What services do accountants for sole traders typically provide?
Accountants for sole traders usually offer a range of services including preparing and filing your Self Assessment tax return, bookkeeping, VAT registration and returns, and providing general tax planning advice. They can also help you understand your allowable expenses, manage your cash flow, and ensure you meet all HMRC deadlines. Many also offer payroll services if you employ staff, and they can assist with business structure advice if you are considering changing from a sole trader to a limited company.
How do I know if an accountant is qualified and regulated?
Qualified accountants will hold a recognised professional qualification from bodies such as ACCA, ICAEW, or AAT. You can verify their status by checking the register on the relevant professional body’s website. Additionally, regulated accountants must adhere to strict ethical and professional standards, and they are required to maintain professional indemnity insurance. When browsing firms listed on AccountingFirms, you can be confident that they have been vetted and are regulated, providing you with an extra layer of assurance.
What is the difference between a sole trader and a limited company for tax purposes?
As a sole trader, you are personally responsible for your business’s finances, and you pay Income Tax and National Insurance on your profits through the Self Assessment system. A limited company is a separate legal entity, meaning you pay Corporation Tax on company profits and then potentially dividends or a salary. Accountants can help you understand the implications of each structure, including your tax liabilities, administrative burdens, and potential benefits, so you can make an informed decision that suits your circumstances.
When should I register for VAT as a sole trader?
You must register for VAT if your taxable turnover exceeds the current VAT threshold, which is reviewed by HMRC. However, you can also choose to register voluntarily if it benefits your business, for example, if you want to reclaim VAT on your purchases. An accountant can advise you on the best timing for VAT registration, help you complete the necessary paperwork, and ensure you comply with VAT filing requirements. They can also help you decide whether to use the Flat Rate Scheme or standard accounting.
Can an accountant help me with an HMRC tax investigation?
Yes, an experienced accountant can provide invaluable support if HMRC opens an investigation into your tax affairs. They can help you gather the necessary records, prepare responses to HMRC’s queries, and represent you during the process. Having a professional who understands tax law and HMRC procedures can reduce your stress and help ensure a fair outcome. Many accountants offer specific insurance or protection plans for tax investigations, which can cover the costs of professional representation if you are selected for a review.
How much does it cost to hire an accountant for a sole trader?
The cost of hiring an accountant for a sole trader varies depending on the complexity of your finances, the level of service you require, and the location of the firm. Typically, you might expect to pay a monthly fee for ongoing support or a one-off fee for preparing your annual accounts and tax return. Many accountants offer fixed-fee packages, which can help you budget effectively. It is advisable to request quotes from several firms and compare the services included, ensuring you choose a professional who offers good value for the support you need.
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.