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
Why do contractors need a specialist accountant rather than a general practitioner?
Contractors face distinct rules around IR35, dividends and allowable expenses that general accountants may not handle daily. A specialist understands how to structure your limited company tax-efficiently, prepare compliant accounts and advise on HMRC investigations. They also keep abreast of off-payroll working reforms, ensuring your contracts and working practices are reviewed correctly and your Self Assessment remains accurate.
What qualifications should I look for in a contractor accountant?
Look for memberships with ACCA, ICAEW or AAT, as these bodies enforce strict ethical and professional standards. ACCA and ICAEW chartered accountants typically handle complex Corporation Tax and HMRC matters, whilst AAT-qualified professionals excel at bookkeeping and VAT returns. Verify the firm is regulated and holds professional indemnity insurance before appointing them.
How can an accountant help with VAT and Corporation Tax?
An accountant will assess whether VAT registration is mandatory or beneficial, then manage returns under Making Tax Digital. For Corporation Tax, they compute allowable deductions, apply capital allowances and file accounts with HMRC and Companies House. They also advise on dividend timing to minimise tax, ensuring your Self Assessment reflects all income correctly.
What information should I provide to my accountant for Self Assessment?
Provide bank statements, invoices, receipts, payroll records and details of any other income. If you are a limited company director, include dividend vouchers and expense claims. Contractors should also share contract terms for IR35 review. Accurate records help your accountant file your tax return before the 31 January deadline and avoid HMRC penalties.
How does AccountingFirms help me compare accountants in Timmermans?
AccountingFirms lists verified firms with details of their qualifications, services and client reviews. You can browse local accountants in Timmermans, filter by specialism such as contractor accounting, and connect directly with professionals. Established in 2019 by ICAEW and ACCA accountants, the directory simplifies finding a regulated expert suited to your needs.
Can an accountant assist if HMRC opens an enquiry into my tax return?
Yes. A qualified accountant can act as your agent, handle correspondence with HMRC and present your records clearly. They will review the enquiry scope, prepare responses and negotiate on your behalf. Having professional representation reduces stress and helps resolve matters efficiently, particularly for contractors with complex IR35 or expense claims.
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.