
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 a government initiative requiring businesses to keep digital records and submit quarterly updates to HMRC. An accountant ensures your software and processes comply with these rules, helping you avoid penalties and manage your tax obligations efficiently.
How do I find a qualified accountant in Hants for MTD?
You can use AccountingFirms.co.uk to browse local professionals who specialise in Making Tax Digital. The directory lists accountants with ACCA, ICAEW, or AAT accreditations, allowing you to compare services and read client reviews before making a choice.
What qualifications should a Making Tax Digital accountant have?
Look for accountants who are members of recognised bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the professional is regulated, up-to-date with HMRC requirements, and capable of handling digital tax submissions for VAT, Corporation Tax, and Self Assessment.
Can a Making Tax Digital accountant help with VAT returns?
Yes, MTD for VAT is mandatory for most VAT-registered businesses. An accountant can set up compatible software, submit your quarterly returns to HMRC, and advise on VAT schemes to optimise your cash flow whilst staying compliant with digital record-keeping rules.
What happens if I don't comply with Making Tax Digital rules?
Non-compliance can result in penalties from HMRC, including fines for late or incorrect submissions. An accountant helps you meet deadlines, maintain accurate digital records, and respond to any HMRC queries, reducing the risk of financial penalties and stress.
How much does it cost to hire an MTD accountant in Hants?
Costs vary based on the complexity of your business and the services required. Many accountants offer fixed fees for MTD compliance, including software setup and quarterly submissions. It is best to compare quotes from several local firms to find a service that fits your budget.
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.
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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.
