
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 self-employed or limited company contractors. Duties include preparing annual accounts, filing Corporation Tax returns, handling VAT, and advising on IR35. They also assist with Self Assessment and HMRC compliance, ensuring contractors maximise legitimate expenses and tax efficiency whilst avoiding penalties.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications signify rigorous training and adherence to professional ethics. Choosing a qualified accountant ensures accurate tax advice, up-to-date knowledge of HMRC rules, and representation if investigated. Such credentials provide confidence that your contractor accounting is handled to the highest standard, reducing risk and ensuring compliance.
How can I find a contractor accountant in East Yorkshire?
Use AccountingFirms.co.uk to browse verified accountants in East Yorkshire. The directory allows you to compare services, fees, and client reviews. Filter by specialism like contractor accounting, and connect directly with firms. Established in 2019 and built by ICAEW and ACCA accountants, the platform simplifies your search.
What tax returns do contractors need to file?
Contractors typically file a Self Assessment tax return annually, reporting income and expenses. Limited company directors also submit Corporation Tax returns and statutory accounts to Companies House. VAT returns may be required if registered. An accountant ensures all returns are accurate and submitted before HMRC deadlines, avoiding penalties.
Can an accountant help with HMRC investigations?
Yes, qualified accountants can represent you during HMRC enquiries or investigations. They handle correspondence, prepare documentation, and negotiate on your behalf. Having a professional AAT, ACCA, or ICAEW accountant significantly reduces stress and helps achieve a favourable outcome, ensuring your rights are protected throughout the process.
How much do contractor accountants charge?
Fees vary based on services and complexity. Many contractors pay a fixed monthly fee covering accounts, payroll, and tax returns. Some accountants charge hourly or per project. Compare providers on AccountingFirms.co.uk to find competitive rates in East Yorkshire. Always confirm what is included before engaging a firm.
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