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MQPLUS LTD
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KHAWAR & CO LTD
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EFJ CONSULTING LTD
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YBSM PARTNERS
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Future Formations Ltd
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Frequently asked questions
What qualifies a company as a micro entity in the UK?
A company qualifies as a micro entity if it meets at least two of the following criteria: turnover of no more than £632,000, balance sheet total of no more than £316,000, and an average of no more than 10 employees. These thresholds are set by the Companies Act 2006.
Do micro entities need to file full accounts with Companies House?
No, micro entities can file simplified accounts, including an abridged balance sheet and a profit and loss account. They are exempt from the audit requirement and do not need to file a directors' report, reducing administrative burden.
How can an ACCA or ICAEW accountant help with HMRC compliance?
An ACCA or ICAEW accountant ensures your tax returns are accurate and submitted on time. They handle Corporation Tax, VAT, and Self-assessment filings, advise on allowable deductions, and represent you during HMRC enquiries or inspections.
What is the difference between a micro entity and a small company for accounting purposes?
Micro entities have lower turnover and balance sheet thresholds than small companies. They benefit from even simpler filing requirements, such as fewer notes to the accounts and no requirement to prepare a strategic report, making compliance quicker and cheaper.
Can a micro entity accountant in Billericay handle VAT registration?
Yes, a qualified accountant in Billericay can assist with VAT registration, preparation of VAT returns under the flat rate or standard schemes, and advise on partial exemption or annual accounting. They ensure your business remains compliant with HMRC rules.
How do I choose the right micro entity accountant in Billericay?
Use AccountingFirms.co.uk to browse local professionals. Compare their qualifications, client reviews, and fee structures. Look for ACCA, ICAEW, or AAT accreditation, and ensure they have experience with micro entity filing exemptions and HMRC procedures.
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Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
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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.




