
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

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More

Yourtaxhelp
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MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...

MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More

Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More

City Tax London
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EXPEDIENT ACCOUNTANCY
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Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More

ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More

" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More

1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More
Frequently asked questions
What is Making Tax Digital and why do I need an accountant for it?
Making Tax Digital (MTD) is a government initiative requiring businesses to keep digital records and submit quarterly updates to HMRC using compatible software. An accountant ensures your systems comply, deadlines are met, and returns are accurate, reducing the risk of penalties and helping you manage cash flow effectively.
How do I choose a qualified accountant in Harrow for MTD compliance?
Look for firms with ACCA, ICAEW, or AAT accreditation, as these bodies enforce high professional standards. Check their experience with MTD software, VAT submissions, and local business needs. Reading client reviews and comparing services on a trusted directory helps you select a reliable expert who understands your sector.
Can an accountant help with both VAT and Self Assessment under MTD?
Yes, a skilled accountant can manage your VAT returns under MTD and also prepare your Self Assessment tax return. They ensure all digital records are maintained correctly, coordinate submission deadlines, and advise on tax efficiency. This integrated approach saves time and reduces errors across your tax obligations.
What are the penalties for not complying with Making Tax Digital?
HMRC can issue penalties for late submissions, incorrect returns, or failure to keep digital records. Penalties start as points that accumulate, eventually leading to financial fines. An accountant helps you avoid these by setting up compliant software, reminding you of deadlines, and reviewing submissions before filing.
Do I need an accountant if I use accounting software for MTD?
While software handles data entry and submissions, an accountant provides expert interpretation of tax rules, identifies savings, and ensures your records meet HMRC standards. They also offer strategic advice on business structure, cash flow, and growth, which software alone cannot deliver. Professional guidance is strongly recommended.
How often should I meet with my accountant in Harrow?
Quarterly meetings align with MTD submission periods, allowing you to review VAT returns, discuss cash flow, and plan for Corporation Tax or Self Assessment. Many firms also offer annual reviews for year-end accounts. Regular contact ensures your finances stay on track and any issues are addressed promptly.
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