
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 does a contractor accountant do?
A contractor accountant manages tax affairs for freelancers and limited company directors. This includes preparing annual accounts, filing Corporation Tax returns, handling VAT, and advising on IR35. They also assist with Self Assessment, payroll, and dividend strategies. Their goal is to ensure compliance with HMRC whilst legally minimising tax liabilities.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications guarantee high professional standards, ethical conduct, and up-to-date technical knowledge. Members undergo rigorous training and continuous development. Choosing a qualified accountant reduces risks of errors and penalties. It also ensures your tax returns and accounts are prepared correctly, giving you confidence during HMRC reviews.
How can an accountant help with HMRC investigations?
An experienced accountant can represent you during HMRC enquiries, prepare necessary documentation, and negotiate on your behalf. They ensure all communications are handled professionally and deadlines are met. Their expertise often reduces stress and may lead to better outcomes. Having a regulated professional in your corner is invaluable if HMRC questions your tax affairs.
What is the difference between AAT and ACCA qualifications?
AAT is a vocational qualification focused on practical accounting skills, ideal for smaller businesses and bookkeeping. ACCA is a chartered professional qualification with broader strategic and advisory training. Both are respected, but ACCA members often handle complex tax planning and audit. Your choice depends on the complexity of your contractor business.
Do contractor accountants assist with Self Assessment tax returns?
Yes, contractor accountants prepare and file Self Assessment tax returns, ensuring all income, expenses, and reliefs are correctly reported. They calculate your tax liability, submit online before the deadline, and advise on payments on account. This avoids penalties and ensures you pay the right amount of tax.
How do I compare accountants on AccountingFirms?
Browse profiles of verified firms in Cambs, review their credentials, services, and client feedback. Use filters to match specialisms such as contractor accounting or VAT. Compare pricing models and contact providers directly. The directory, built by ICAEW and ACCA accountants, ensures listed professionals meet regulated standards.
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