
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 a micro entity for accounting purposes?
A micro entity is a very small company that meets at least two of three criteria: annual turnover of £632,000 or less, balance sheet total of £316,000 or less, and ten employees or fewer. Such entities can prepare reduced accounts under FRS 105 and file simpler returns with Companies House.
Do micro entity accountants handle HMRC tax returns?
Yes, micro entity accountants routinely prepare and submit HMRC tax returns, including Corporation Tax returns and Self-assessment forms. They ensure all filings are accurate and submitted on time, helping you avoid penalties and interest charges.
What qualifications should a micro entity accountant hold?
Look for accountants who are ACCA, ICAEW, or AAT qualified. These recognised bodies ensure the professional has undergone rigorous training and adheres to ethical standards, giving you confidence in their ability to handle your micro entity accounts and tax affairs.
Can a micro entity accountant help with VAT registration?
Absolutely. A micro entity accountant can advise whether your business needs to register for VAT, complete the application, and manage ongoing VAT returns. They also help you choose the best VAT scheme, such as the Flat Rate Scheme, to simplify compliance.
How does AccountingFirms verify accountants in Hayes Middlesex?
AccountingFirms lists only regulated accountants who are members of recognised bodies such as ACCA, ICAEW, or AAT. Each firm’s credentials are checked before listing, and client reviews provide additional assurance of their service quality and reliability.
What is the benefit of using a local micro entity accountant in Hayes Middlesex?
A local accountant understands the specific business environment in Hayes Middlesex and can offer face-to-face meetings if needed. They are familiar with local HMRC office procedures and can provide personalised support that remote providers may not match.
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