
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 accountant?
A micro entity accountant specialises in the statutory reporting and tax needs of small companies that qualify as micro entities under the Companies Act. They prepare abridged accounts, handle HMRC filings, and advise on Corporation Tax and VAT, ensuring compliance with simplified disclosure requirements.
Why should I use a qualified accountant for my micro entity?
Using a qualified accountant with ACCA, ICAEW, or AAT accreditation ensures your micro entity meets all legal obligations. They manage Self-assessment tax returns, VAT returns, and Corporation Tax calculations, reducing the risk of HMRC penalties and helping you focus on business growth.
How do I find Micro Entity Accountants in River Tyne?
You can find and compare Micro Entity Accountants in River Tyne by using AccountingFirms.co.uk. The directory allows you to browse local professionals, check their accreditations, and read client reviews to select a verified accountant suited to your micro entity needs.
What services do micro entity accountants typically offer?
Micro entity accountants typically offer preparation of abridged accounts, Corporation Tax filings, VAT registration and returns, Self-assessment tax returns for directors, payroll management, and HMRC compliance advice. They tailor services to the simplified reporting framework applicable to micro entities.
Are micro entity accountants regulated by professional bodies?
Yes, many micro entity accountants are regulated by recognised bodies such as ACCA, ICAEW, or AAT. These accreditations ensure they adhere to professional standards, undergo regular audits, and maintain up-to-date knowledge of tax law and accounting regulations relevant to micro entities.
Can a micro entity accountant help with HMRC investigations?
Yes, a micro entity accountant can represent your business during HMRC investigations, prepare necessary documentation, and advise on tax disputes. Their expertise in Corporation Tax, VAT, and Self-assessment ensures you respond correctly to inquiries and minimise potential financial repercussions.
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