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 for limited company directors?
A contractor accountant manages statutory accounts, Corporation Tax returns, VAT filings, and Self Assessment submissions for limited company directors. They advise on salary and dividend planning, IR35 compliance, and allowable expenses. This ensures your company remains compliant with HMRC rules whilst optimising your tax position. Many contractors find that professional support saves both time and money throughout the tax year.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have completed rigorous professional training and are bound by strict ethical standards. They stay current with HMRC legislation and can provide reliable advice on complex contractor tax matters. Choosing a regulated professional reduces the risk of errors, penalties, and missed deadlines. It also gives you confidence that your financial affairs are handled to a recognised standard.
How does IR35 affect contractors working through a limited company?
IR35 determines whether a contractor working through a limited company is treated as employed for tax purposes. If a contract falls inside IR35, PAYE tax and National Insurance must be deducted. An experienced accountant can review your contracts, advise on working practices, and help you remain compliant. This avoids unexpected tax liabilities and supports informed decision-making.
What VAT and Corporation Tax obligations do contractors have?
Contractors operating through a limited company must register for VAT if turnover exceeds the threshold and file quarterly VAT returns. Corporation Tax is payable on company profits, with returns submitted to HMRC. An accountant ensures accurate calculations, timely submissions, and proper record-keeping. They also identify allowable expenses and reliefs that reduce your overall tax burden.
Can an AAT qualified accountant handle my Self Assessment tax return?
Yes, AAT qualified accountants are trained to prepare and submit Self Assessment tax returns accurately. They can calculate your tax liability, apply relevant allowances, and ensure HMRC deadlines are met. Many AAT professionals specialise in contractor and freelance accounting. Their support helps you avoid penalties and ensures your return reflects your true financial position.
How do I find a reputable contractor accountant in Victoria Street?
AccountingFirms allows you to browse and compare verified accountants in Victoria Street. The directory lists regulated professionals with experience in contractor accounting, VAT, and Corporation Tax. You can review specialisms and client feedback before making contact. This makes it simple to connect with a qualified accountant suited to your specific needs.
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.