
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 keep digital records and submit VAT returns using compatible software. An accountant ensures your systems are compliant, helps you meet deadlines, and advises on software choices, reducing the risk of penalties and errors.
How do I know if an accountant is properly qualified?
Look for accreditations from recognised bodies such as ACCA, ICAEW, or AAT. These qualifications indicate the accountant has passed rigorous exams and follows professional ethical standards. You can verify their status on the respective institute’s register before engaging their services.
Can a Making Tax Digital accountant help with my Self Assessment tax return?
Yes, many accountants who specialise in MTD also handle Self Assessment tax returns. They can integrate your digital records with your personal tax filings, ensuring consistency and accuracy. This holistic approach saves time and helps you meet both VAT and income tax obligations efficiently.
What types of businesses in Oxfordshire need to comply with Making Tax Digital?
All VAT-registered businesses with taxable turnover above £85,000 must comply with MTD for VAT. From April 2026, the rules will extend to income tax for sole traders and landlords. Any business in Oxfordshire that meets these criteria should engage a qualified accountant to ensure compliance.
How can I compare different accountants in Oxfordshire using AccountingFirms?
AccountingFirms allows you to filter by location, specialism, and professional accreditations such as ACCA or ICAEW. You can read detailed profiles, view client feedback, and compare services side by side. This helps you identify the best fit for your business needs without unnecessary hassle.
What should I expect during an initial consultation with an MTD accountant?
During an initial consultation, the accountant will review your current record-keeping methods, discuss your VAT obligations, and recommend suitable digital software. They will explain the MTD timeline, outline their fees, and answer any questions about compliance. This meeting helps you decide if they are the right partner for your business.
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