
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 small company that meets two of the following criteria: turnover of no more than £632,000, balance sheet total of no more than £316,000, and no more than 10 employees. Such companies can prepare simplified accounts under the micro entity exemption, reducing disclosure requirements.
How do I find qualified Micro Entity Accountants in South West London?
You can use AccountingFirms.co.uk to browse verified accountants who specialise in micro entity compliance. The directory allows you to filter by location, accreditation, and services, ensuring you connect with professionals who understand HMRC rules and small business needs.
What services do micro entity accountants typically offer?
Micro entity accountants provide year-end account preparation, Corporation Tax filing, VAT returns, Self-assessment tax returns, and payroll management. They also advise on Making Tax Digital compliance and help minimise tax liabilities through legitimate planning strategies.
Why should I choose an ACCA or ICAEW accountant for my micro entity?
ACCA and ICAEW accountants are regulated by professional bodies with strict ethical and technical standards. They undergo continuous training to stay updated on HMRC regulations and accounting standards, ensuring your micro entity accounts are accurate and fully compliant with UK law.
Can a micro entity accountant help with HMRC investigations?
Yes, an experienced micro entity accountant can represent your business during HMRC enquiries or investigations. They review your records, prepare necessary documentation, and communicate with HMRC on your behalf, reducing stress and helping resolve matters efficiently.
How often should I meet with my micro entity accountant?
Most micro entities benefit from quarterly or bi-annual meetings to review financial performance, plan for tax payments, and discuss any changes in legislation. Regular contact ensures your accountant can provide timely advice and help you avoid last-minute filing issues.
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