
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 an accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to ethical standards. Membership also requires continuing professional development, so your accountant stays up to date with tax laws and financial regulations.
How do I know if my accountant is regulated by HMRC?
Regulated accountants are registered with a recognised supervisory body like ACCA, ICAEW, or AAT. You can verify their status by checking the register on the relevant body's website. HMRC also maintains lists of approved agents who can file tax returns on your behalf. Always confirm their credentials before engaging their services.
What services do accountants in Cambridgeshire typically offer?
Accountants in Cambridgeshire offer a wide range of services including tax return preparation, Self Assessment, Corporation Tax, VAT returns, payroll management, bookkeeping, and financial planning. Many also provide business start-up advice, cash flow forecasting, and audit support. The exact services depend on the firm's specialisms and your specific needs.
How much does it cost to hire an accountant in Cambridgeshire?
Costs vary depending on the complexity of your affairs and the firm's size. Small businesses might pay between £100 and £300 per month for ongoing bookkeeping and tax compliance, whilst one-off tax return fees range from £150 to £500. Many accountants offer a free initial consultation to discuss your requirements and provide a tailored quote.
Can an accountant help me with a tax investigation?
Yes, a qualified accountant can represent you during an HMRC tax investigation. They will review your records, prepare responses, and liaise with HMRC on your behalf. Having professional support reduces stress and helps ensure a fair outcome. Many accountants include investigation cover in their service packages or offer it as an add-on.
What is the difference between an accountant and a tax adviser?
An accountant typically handles a broader range of financial tasks including bookkeeping, preparing accounts, and filing tax returns. A tax adviser specialises exclusively in tax planning and compliance, often dealing with complex issues like inheritance tax or capital gains. Many accountants also offer tax advice, but a specialist tax adviser may be needed for intricate situations.
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