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
Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More
TaxPert Solutions Limited Certified Public Accountants
We are a small business accountant who provides smart solutions to your business needs. The Care your Business need from Experts Taxpert is a modern,...See More
Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities
Frequently asked questions
What should a contractor look for when choosing an accountant?
Look for recognised qualifications such as ACCA, ICAEW, or AAT, and confirm the firm is regulated. Experience with limited companies, IR35, and contractor-specific tax matters is essential. Check that the accountant offers services including Self Assessment, VAT returns, and Corporation Tax advice, and review client feedback before making a decision.
How do accountant qualifications such as ACCA, ICAEW, and AAT benefit contractors?
These qualifications indicate that an accountant has met rigorous training and ethical standards. ACCA, ICAEW, and AAT members must complete continuing professional development, so their knowledge of HMRC rules stays current. This helps contractors receive accurate advice on tax returns, expenses, and compliance, reducing the risk of errors or penalties.
Why is IR35 important for contractors working through a limited company?
IR35 determines whether a contractor is considered employed for tax purposes. If a contract falls inside IR35, the contractor may pay similar tax and National Insurance to an employee. Accountants review contracts and working practices to assess status, helping contractors understand their obligations and avoid unexpected HMRC liabilities.
What ongoing filings must a contractor limited company submit to HMRC?
A contractor limited company typically must file annual accounts, a Company Tax Return for Corporation Tax, and VAT returns if registered. Directors also complete Self Assessment tax returns. Payroll submissions may be required if salaries are paid. Accountants ensure deadlines are met and figures are accurate, avoiding penalties.
Can an accountant help reduce tax legally for contractors?
Yes. Accountants identify legitimate reliefs, allowable expenses, and efficient salary and dividend structures. They ensure compliance with HMRC rules whilst maximising take-home pay. Planning may include pension contributions, flat rate VAT, and timing of income, all tailored to the contractor's circumstances and long-term goals.
How often should contractors review their accounting arrangements?
An annual review is advisable, or sooner if circumstances change such as contract status, turnover, or IR35 determination. Regular reviews ensure the accountant still meets needs, fees remain competitive, and tax planning stays effective. Contractors should also reassess when new legislation or HMRC guidance affects their position.
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.