
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 Medway?
Look for accountants with ACCA, ICAEW, or AAT accreditation. These qualifications demonstrate rigorous training, ethical standards, and ongoing professional development. Certified accountants are better equipped to handle complex tax matters and provide reliable financial advice.
How can an accountant help with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return to HMRC, ensuring all income and allowable expenses are correctly reported. They help minimise your tax liability, avoid penalties, and save you time by handling calculations and correspondence with HMRC.
Do I need a VAT-registered accountant for my business?
If your business is VAT-registered or approaching the VAT threshold, it is advisable to work with an accountant experienced in VAT compliance. They can manage returns, advise on partial exemption schemes, and help you optimise cash flow through proper VAT planning.
What services do accounting firms in Medway typically offer?
Accounting firms in Medway typically offer bookkeeping, payroll, VAT returns, Corporation Tax planning, Self Assessment submissions, management accounts, and year-end financial statements. Many also provide business advisory services, tax planning, and assistance with HMRC enquiries.
How do I choose between a small firm and a large accounting practice?
Small firms often provide more personalised attention and lower fees, making them ideal for sole traders and small businesses. Larger practices may offer a wider range of specialist services, such as audit or corporate finance. Consider your budget, complexity of needs, and preferred level of contact.
Can an accountant help if I am a freelancer or contractor in Medway?
Yes, many accountants in Medway specialise in freelancers and contractors. They can assist with IR35 compliance, limited company formation, dividend planning, and VAT returns. They also ensure you claim all allowable expenses and meet HMRC deadlines, reducing stress and risk of penalties.
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