
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 a tax adviser hold?
A reputable tax adviser should hold recognised qualifications from bodies such as ACCA, ICAEW, or AAT. These accreditations demonstrate rigorous training and adherence to professional standards. Many advisers also hold a practising certificate and are registered with HMRC for Money Laundering Regulations, ensuring they are authorised to provide tax advice and handle client affairs.
How often should I review my tax position with an adviser?
It is advisable to review your tax position at least once a year, particularly before the Self Assessment deadline on 31 January. However, if your circumstances change significantly—such as starting a business, buying property, or receiving an inheritance—you should consult your adviser promptly to ensure your tax planning remains effective and compliant.
Can a tax adviser help with an HMRC enquiry?
Yes, a qualified tax adviser can represent you during an HMRC enquiry, handling all correspondence and negotiations on your behalf. They will review your records, prepare responses, and work to resolve the matter efficiently. This reduces stress and ensures your rights are protected throughout the process.
What is the difference between a tax adviser and an accountant?
While both professionals handle financial matters, a tax adviser specialises specifically in tax planning, compliance, and strategy. An accountant may focus more on bookkeeping, financial statements, and payroll. Many accountants also offer tax advice, but a dedicated tax adviser provides deeper expertise in minimising liabilities and navigating complex tax laws.
Do I need a tax adviser if I am self-employed?
Yes, self-employed individuals benefit greatly from a tax adviser, who can help with Self Assessment returns, allowable expenses, and Class 2 and Class 4 National Insurance contributions. An adviser ensures you claim all deductions correctly and meet HMRC deadlines, reducing the risk of penalties and optimising your tax position.
How do I choose the right tax adviser for my business?
Start by identifying your specific needs, such as VAT, Corporation Tax, or payroll services. Look for advisers with relevant accreditations like ACCA or ICAEW and experience in your industry. Check client reviews and arrange an initial consultation to discuss fees and services. A good adviser will communicate clearly and offer tailored solutions.
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