
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 qualifications should I look for in a Spanish-speaking accountant?
You should look for a professional who is a member of a recognised body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical and professional standards. Additionally, confirm they are registered with HMRC for anti-money laundering supervision, which is a legal requirement for providing accountancy services.
How can a Spanish accountant help with my Self Assessment tax return?
A Spanish accountant can prepare and file your Self Assessment tax return accurately and on time. They will help you declare all sources of income, claim allowable expenses, and ensure you pay the correct amount of tax. They can also advise on payments on account and help you understand any tax owed, all in Spanish for complete clarity.
What is the difference between an accountant and a tax adviser?
An accountant typically handles the preparation of financial statements, bookkeeping, and tax compliance. A tax adviser specialises more deeply in tax planning and strategy, helping you minimise your tax liabilities. Many qualified accountants also offer tax advisory services, so you can often find a professional who covers both roles.
Can a Spanish accountant help with VAT registration and returns?
Yes, absolutely. A Spanish accountant can assist with your VAT registration, advise on the correct VAT scheme for your business, and prepare and submit your VAT returns. They will also help you understand VAT on imports and exports, which is particularly useful for businesses trading with Spain or other European countries.
How do I know if I need to register for Corporation Tax?
If you operate a limited company, a cooperative, or a foreign company with a UK branch, you are legally required to register for Corporation Tax. A Spanish accountant can assess your business structure and confirm your obligations. They will also handle the registration process and ensure you meet all filing deadlines with Companies House and HMRC.
What should I bring to my first meeting with a Spanish accountant?
You should bring your National Insurance number, your Unique Taxpayer Reference (UTR), any P60 or P45 forms, and details of your income and expenses. If you are a business owner, bring your company registration details and any previous accounts. Your accountant will also ask about your residency status and any overseas income to provide accurate advice.
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