
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 Making Tax Digital and why do I need an accountant for it?
Making Tax Digital is an HMRC initiative requiring businesses to maintain digital records and submit quarterly updates. An accountant ensures your software is compliant, helps you avoid penalties, and manages the transition smoothly so you can focus on your business.
How do I choose a qualified accountant in Blackfoot for MTD?
Look for accountants with ACCA, ICAEW, or AAT accreditation who specialise in Making Tax Digital. Check their experience with VAT, Corporation Tax, and Self Assessment. The directory allows you to compare local firms and read client feedback to make an informed choice.
Are all accountants on AccountingFirms verified and regulated?
Yes, firms listed on AccountingFirms are verified and regulated by recognised professional bodies such as ACCA or ICAEW. This ensures they meet high standards of professionalism and are authorised to handle your tax affairs and MTD submissions.
Can an accountant help with both VAT and Self Assessment under MTD?
Absolutely. Qualified accountants are trained to manage VAT returns, Self Assessment, and Corporation Tax under Making Tax Digital. They will set up compatible software, submit quarterly updates, and ensure all deadlines are met accurately.
What should I expect when I first contact an accountant for MTD?
You will typically discuss your business structure, current accounting methods, and software needs. The accountant will explain how they can help with digital record-keeping, quarterly reporting, and any specific tax obligations. They will also provide a clear fee structure.
How often will I need to submit reports under Making Tax Digital?
Under MTD, most businesses submit quarterly updates to HMRC via compatible software. Your accountant will manage these submissions and also handle the final annual declaration. This regular reporting helps keep your tax affairs up to date and reduces end-of-year surprises.
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