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Find a Specialist Accountant for Freelancers

Tax season can be a daunting time for freelancers, with a long list of taxes to consider, including VAT, PAYE, National Insurance and Capital Gains Tax. Trying to keep track of it all can feel overwhelming, especially when you’re juggling multiple clients and deadlines. That’s where having the right accountant can make all the difference.

AccountantFor is here to help you find the perfect accountant for your freelance tax requirements!

Which Freelance Industries Can AccountantFor Help With?

Freelancing is all about flexibility and independence. As a freelancer, you have the freedom to choose your clients, set your rates and work on projects that align with your skills and interests. 

Accountant For can help freelancers working in the following industries:

  • Marketing/Design
  • Fashion
  • Finance
  • Construction/Property
  • Writers/Creatives/Editors/Copywriters
  • Teachers/Tutors
  • Photographers/Videographers
  • IT / Tech
  • Fitness/Gym Instructors

The freelance life offers endless possibilities. But with this freedom also comes the responsibility of managing your finances effectively. Contact us today to get matched with an expert chartered accountant.

Why Should I Choose a Specialist Accountant As a Freelancer?

While it may be tempting to try and handle your finances on your own, the truth is that navigating the world of taxes and accounting requires expertise and experience.

If you routinely complete freelance work in the capacity of a sole trader, you will need to pay Income Tax and Class 2 and 4 National Insurance on any profits you make as a result.

If you go down the limited company route, Corporation Tax will be payable on any profits you generate through this avenue. You might also incur a tax on dividends — though whether you actually will is a question that a specialist accountant can answer for you.

A specialist accountant for freelancers understands the unique challenges and opportunities that come with running a freelance business. From managing your tax obligations to maximising applicable deductions, they can help you make financial decisions that benefit your bottom line.

How Can a Specialist Accountant Help?

When you work with a specialist accountant for freelancers, you gain access to a wealth of knowledge and expertise that can help you navigate the complexities of tax and finance. They can help you:

Maximise Deductions

Freelancers are entitled to a range of deductions that can help lower their tax bill. A specialist accountant can help you identify all the deductions you’re eligible for and ensure you’re not paying more tax than necessary.

Stay Compliant

Tax laws and regulations are constantly changing, and it can be challenging to keep up with all the latest developments. A specialist accountant stays abreast of changes in tax law and ensures that your tax returns are accurate and compliant.

Plan for the Future

Beyond just preparing your tax returns, a specialist accountant can help you develop a long-term financial strategy that aligns with your goals and objectives. Whether you’re saving for retirement, planning to buy a home, or investing in your business, they can provide the guidance and support you need to make smart financial decisions.

 
accountant for freelancers
Steve, a Specialist Accountant for Freelancers.

Stay Ahead of Your Freelance Tax Requirements

Useful Guides From AccountantFor

How to Find Your Perfect Accountant

Finding the right accountant for your freelance business is essential, but it can also be overwhelming. With so many options to choose from, how do you know which accountant is right for you?

That’s where we come in. At AccountantFor, we specialise in connecting freelancers with the perfect accountant for their needs. Our extensive network includes top UK accountants who specialise in working with freelancers from a range of industries and backgrounds.

Our matching service makes finding the perfect accountant for your freelance business quick and easy. Simply complete our contact form and we’ll match you with a chartered accountant who specialises in your industry and the services you require. It’s cheap and simple!

FAQs

What services does an accountant for freelancers offer?

An accountant for freelancers typically offers a range of services including bookkeeping and accounting, tax planning and preparation, payroll services and advice on legal and compliance matters.

Why do freelancers need an accountant?

Freelancers often have more complex tax and financial affairs than traditional employees, as they are responsible for managing their own invoicing, expenses, and tax affairs. An accountant for freelancers can help to ensure that freelancers are meeting their obligations and taking advantage of any available tax breaks or allowances. An accountant can also help freelancers to better manage their finances, including preparing financial statements and budgeting for the future.

How do I choose an accountant for freelancers?

When choosing an accountant for freelancers, it is important to consider their experience and expertise in working with self-employed individuals. You should also consider their fees and how they charge for their services, as well as the level of support and guidance they offer. It can also be helpful to get recommendations from other freelancers or to seek out reviews and testimonials from past clients.

How much does an accountant for freelancers cost?

The cost of an accountant for freelancers can vary depending on the complexity of your finances and the level of support you require. Some accountants charge by the hour, while others may offer fixed-fee packages or tiered pricing based on the level of service you need. It is important to discuss your needs and budget with an accountant before making a decision, and to shop around to find the best value for money.

How often should I meet with my accountant?

The frequency of meetings with your accountant will depend on your individual freelance work needs and circumstances. Some freelancers may only need to meet with their accountant a few times a year, while others may require more frequent support and guidance. It is a good idea to discuss your needs with your accountant at the outset, and to schedule regular meetings to stay up to date on your finances and address any issues that may arise.

What freelance industries do AccountantFor specialise in serving?

AccountantFor has a diverse team of experts with experience across various industries, catering to the unique accounting needs of freelancers from all sectors. Whether you’re a creative professional, IT consultant, marketing specialist or any other freelancer, we have the knowledge and expertise to support you effectively.

What Accounting Services For Freelancers Might I Need?

AccountantFor provides a comprehensive range of accountancy and tax services for freelancers through our exclusive network of vetted accountancy talent within the United Kingdom.

Accounting

– Statutory accounts
– Management accounts
– Financial planning
– Bookkeeping
– Business plan
– Growth modelling

Tax

– Tax investigation service
– Capital gains tax
– VAT
– Tax advice and consultancy

Other

– Company formation
– Registered office address
– Self-assessment
– Payroll services
– Corporation tax

Get in touch today, and tell us about your requirements…