
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 qualifications should I look for in an accountant in Hampshire?
You should look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical standards. A qualified accountant in Hampshire will also hold a practising certificate and be regulated by their institute, giving you confidence in their expertise.
How can an accountant help with my Self Assessment tax return?
An accountant can prepare and file your Self Assessment tax return with HMRC, ensuring all income and allowable expenses are correctly reported. They can identify deductions you may have missed and help you plan for any tax due. This reduces the risk of errors and penalties, and saves you time and stress during the filing season.
What is the difference between a chartered accountant and a certified accountant?
Chartered accountants are typically members of ICAEW and have completed the ACA qualification, whilst certified accountants are members of ACCA. Both are highly respected and regulated, but their training pathways differ slightly. In practice, both types of accountant in Hampshire can provide the same range of services, including audit, tax, and business advice.
Do I need an accountant if I am a sole trader in Hampshire?
Whilst it is not a legal requirement, using an accountant as a sole trader in Hampshire is highly recommended. An accountant can help you register for Self Assessment, prepare your annual tax return, and advise on allowable expenses and National Insurance contributions. They can also help you manage cash flow and plan for future growth.
How do I know if an accountant is regulated by HMRC?
Accountants who are authorised to act as agents with HMRC will hold a valid agent code and be registered with a recognised supervisory body such as ACCA, ICAEW, or AAT. You can verify their status by checking the register on the relevant institute's website. All reputable accountants in Hampshire will be able to provide evidence of their regulatory status.
What services does an accountant typically offer for a limited company?
An accountant for a limited company in Hampshire can prepare annual accounts, file Corporation Tax returns, manage payroll and VAT returns, and advise on director's tax planning. They also assist with company secretarial duties, such as filing confirmation statements at Companies House. Their goal is to ensure full compliance whilst optimising your tax position.
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