
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

MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...
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 for limited company directors. They also advise on IR35 status, salary and dividend planning, and expense claims. Using a qualified professional ensures HMRC compliance and helps contractors avoid penalties whilst maximising legitimate tax efficiency.
Why should I choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications guarantee that an accountant has met rigorous professional standards and keeps pace with changing tax legislation. Such credentials signal expertise in HMRC rules, tax returns and financial reporting. Engaging a qualified professional reduces risk and ensures your contractor accounts are prepared accurately and on time.
How does IR35 affect contractors working through a personal service company?
IR35 determines whether a contractor is effectively an employee for tax purposes. If caught, the contractor or end client must pay employment taxes and National Insurance. A specialist accountant can review contracts, assess working practices and help you determine your status, ensuring HMRC compliance and avoiding unexpected tax liabilities.
What VAT and Corporation Tax obligations do contractors have?
Contractors must register for VAT if turnover exceeds the threshold, then submit quarterly returns and pay any liability. Corporation Tax is due on company profits, with returns filed annually. A qualified accountant ensures both are handled correctly, claims allowable expenses and meets HMRC deadlines, avoiding interest and penalties.
Can an accountant help with Self Assessment and tax returns?
Yes. Accountants prepare and file Self Assessment tax returns, calculate income tax and National Insurance, and claim allowable expenses. They also advise on payments on account and ensure HMRC receives accurate information by the deadline. This support is vital for contractors with multiple income sources or complex affairs.
How do I find a reputable contractor accountant in West London?
Use AccountingFirms to browse verified, regulated accountants in West London. Compare qualifications such as ACCA, ICAEW or AAT, read service descriptions and check experience with contractor-specific issues like IR35 and VAT. The directory connects you with professionals who meet high standards, simplifying your search.
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