
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 services do accountants in EC2 typically offer?
Accountants in EC2 provide a wide range of services including bookkeeping, tax return preparation, VAT returns, Corporation Tax filings, Self Assessment, payroll management, and financial planning. Many also offer business advisory services such as cash flow forecasting and company formation support. The exact services depend on the firm and your specific requirements.
Why should I choose an ACCA or ICAEW qualified accountant in EC2?
ACCA and ICAEW qualified accountants have undergone rigorous training and adhere to strict professional standards. They are regulated by recognised bodies, ensuring they keep up to date with changing tax laws and accounting practices. This gives you confidence that your financial affairs are managed competently and ethically, reducing the risk of errors or compliance issues.
How can an accountant help with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return to HMRC accurately and on time. They will identify allowable expenses and reliefs you may have missed, potentially reducing your tax bill. They also handle correspondence with HMRC on your behalf, saving you time and stress during the filing season.
What is the difference between a VAT-registered accountant and a non-VAT-registered one?
A VAT-registered accountant is registered for VAT with HMRC and must charge VAT on their fees, which you can reclaim if you are VAT-registered yourself. The term does not reflect their professional competence; both VAT-registered and non-VAT-registered accountants can be fully qualified. The key is to check their accreditations and experience.
How do I find a reliable accountant in EC2 for my small business?
You can use AccountingFirms.co.uk to search for accountants in EC2 by specialism, such as small business accounting. The directory lists verified professionals with reviews and contact details. Look for firms with ACCA, ICAEW, or AAT qualifications and check their experience with businesses similar to yours before arranging a consultation.
What should I prepare before meeting an accountant in EC2 for the first time?
Bring your recent financial records including bank statements, invoices, receipts, and any previous tax returns. Also have details of your business structure, estimated income, and expenses. If you are a sole trader or director, note any personal financial goals. This information helps the accountant assess your situation and provide tailored advice from the start.
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