
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 who does it affect?
Making Tax Digital is an HMRC initiative requiring businesses to keep digital records and submit quarterly updates for VAT. It currently applies to VAT-registered businesses, with future phases extending to Income Tax and Corporation Tax. Working with an accountant helps ensure compliance with these digital reporting requirements.
How do I find a qualified accountant in Hattersley Court 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 accreditation, allowing you to compare their services and client reviews. This helps you select a trusted expert to guide your digital tax compliance.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the professional has undergone rigorous training and adheres to ethical standards. Such accountants are well-equipped to handle HMRC requirements, including VAT returns and Self Assessment.
Can an accountant help with HMRC enquiries or audits?
Yes, a qualified accountant can represent you during HMRC enquiries and audits, preparing necessary documentation and responding to queries on your behalf. Their expertise reduces stress and helps ensure a favourable outcome. This support is especially valuable when dealing with complex tax matters or digital records.
What services do Making Tax Digital accountants typically offer?
They offer services including VAT return preparation, digital software setup, quarterly MTD submissions, Self Assessment filing, and Corporation Tax planning. Many also provide payroll, bookkeeping, and business advisory support. Their goal is to keep your finances organised and compliant with HMRC's digital requirements.
How often do I need to submit updates under Making Tax Digital?
VAT-registered businesses must submit quarterly updates to HMRC using compatible software. These updates summarise your sales and purchases for the period. An accountant can help you manage these submissions accurately and on time, reducing the risk of penalties and ensuring smooth compliance.
About Accounting Firms
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