
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

DIrect Assist accountants Ltd
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MJF ACCOUNTANCY LIMITED
Frequently asked questions
What does a limited company accountant do?
A limited company accountant handles statutory filings, prepares annual accounts, manages payroll, and advises on tax planning. They ensure compliance with HMRC for Corporation Tax, VAT, and Self-assessment. Many also help with dividend calculations and company secretarial tasks.
How do I choose the right accountant for my limited company?
Look for ACCA, ICAEW, or AAT qualifications, and check experience with limited companies in your industry. Consider their services, fees, and whether they use cloud accounting software. Reading client reviews and comparing multiple firms on a directory can help you decide.
What are the HMRC deadlines for a limited company?
Key deadlines include the annual Confirmation Statement (due within 14 days of the company's return date), the Corporation Tax return (12 months after the end of the accounting period), and VAT returns (quarterly or monthly). Late filings incur penalties.
Is it compulsory for a limited company to use an accountant?
It is not legally compulsory, but it is highly recommended. An accountant ensures accurate financial records, timely filing, and tax savings. Many directors prefer professional support to avoid HMRC penalties and to focus on running the business.
How much does a limited company accountant charge in the UK?
Fees vary by location and service level. A basic package for a small company might start around £100–£150 per month, while full-service accountants may charge more. Many firms offer fixed monthly fees that include year-end accounts, tax returns, and VAT filings.
What is the difference between ACCA and ICAEW for limited company accountants?
Both are respected UK accounting bodies with rigorous training. ACCA is global with a focus on international standards, while ICAEW is deeply rooted in UK practice. Both qualify accountants to audit and file with HMRC. The choice often depends on the accountant's specialism.
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