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 is a fixed fee accountant and how does it benefit me?
A fixed fee accountant charges a set price for agreed services, such as preparing your tax return or managing VAT. This arrangement removes the risk of unexpected hourly charges, making budgeting simpler. You know exactly what you will pay for the work, which is particularly helpful for small businesses and individuals who want transparent costs.
Are the accountants on AccountingFirms regulated by professional bodies?
Yes, the firms featured in the directory are verified and regulated by recognised bodies such as ACCA, ICAEW, and AAT. This ensures they adhere to strict professional standards, ethical guidelines, and ongoing training requirements. Using a regulated accountant gives you confidence that your financial affairs are handled by a qualified expert.
Can a fixed fee accountant help with my HMRC Self Assessment tax return?
Absolutely. Many accountants offering fixed fee services specialise in preparing and filing Self Assessment tax returns with HMRC. They will ensure your return is accurate and submitted on time, helping you avoid penalties. The fixed fee covers the work involved, so you can claim expenses and reliefs without worrying about additional costs.
What services are typically included in a fixed fee package?
Fixed fee packages commonly include annual accounts preparation, Corporation Tax returns, VAT returns, payroll processing, and personal tax returns. Some accountants also offer bookkeeping, management accounts, and tax planning advice. The specific inclusions are agreed upfront in a service letter, ensuring clarity on what is covered for the set price.
How do I choose the right fixed fee accountant for my business?
Start by reviewing the accountant’s qualifications and experience with businesses similar to yours. Look for ACCA, ICAEW, or AAT accreditation and check client reviews on the directory. Discuss your specific needs, such as VAT or payroll, and confirm the fixed fee covers those services. A good accountant will offer a free initial consultation to discuss your requirements.
Is it possible to switch to a fixed fee accountant mid-year?
Yes, you can switch accountants at any time, though it is often easiest to do so after your year-end or tax return deadline. Your new accountant will handle the transfer of records from your previous provider. Fixed fee arrangements can be set up immediately, ensuring you benefit from transparent pricing and professional support for the remainder of the financial year.
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.