Accountants for Freelancers in London: Find the Support You Need
Freelancing in London? Wondering if an accountant is worth it?
Freelancing can be an exciting way to work. You call the shots, you choose the clients, and you make the decisions. But, when it comes to finances, things can get a bit tricky. What counts as an allowable expense? How do you handle taxes without giving away too much of your freelance income? That’s where we come in.
Griffith Accountants are here to make accounting simple for freelancers in London. We know you’ve got enough on your plate already — dealing with clients, managing contracts, and making sure your business keeps growing. Sorting out your taxes and keeping up with your accounts shouldn’t be another headache. Our specialist accountants work with freelancers across London, providing clear guidance and support for all your accounting needs.
Why Freelancers Need Accountants
As a freelancer, your finances are different from someone working a regular PAYE job. You’re balancing multiple clients, managing self-employment taxes, and making sure you don’t miss any tax reliefs you’re eligible for. Self-employed people need more than just a basic understanding of their tax obligations—they need professional accountants who get it.
Here’s how an accountant can help:
Tax Efficiency: Making sure you only pay what’s required. We’ll help you identify every allowable expense, reducing your tax bill.
Bookkeeping Made Easy: Day-to-day transactions can pile up. Let us take care of the bookkeeping so you can focus on your work.
Support for Growth: Ambitious growth plans? We don’t just prepare annual accounts—we help you plan, build rolling forecasts, and keep a close eye on your finances.
Peace of Mind: When tax season hits, having everything in order feels great. No scrambling, no surprises
Our Services for Freelancers
We are Griffith Accountants, a small chartered accountant practice and proud member of the ICAEW. We understand freelancing—we understand that each freelancer differs in what they need. That’s why our services are designed to fit around you, making sure your tax affairs and bookkeeping stay stress-free.
Here’s what we can do for freelancers in London:
Self-Assessment: Get your Self Assessment (SA100) done accurately and on time. No more worrying if you’ve entered the wrong numbers.
Corporation Tax Services (CT600): For freelancers set up as limited companies, we’ll handle your Corporation Tax so you’re covered.
VAT Returns: Need to register for VAT? Not sure how VAT works with your freelance business? We’ve got you covered, from registering to submitting returns.
Bookkeeping: Don’t lose time sorting through receipts. We’ll take care of the nitty-gritty so you can spend more time doing what you love.
Rolling Forecasts & Mid-Term Planning: This is our specialty—helping you plan for the future. Want to know how to turn your freelance gigs into a profitable business? Let us show you the way.
Common Questions Freelancers Ask
Do I need an accountant if I’m a freelancer?
It’s not mandatory, but it’s incredibly helpful. An accountant ensures you don’t miss important tax deadlines, claim all tax reliefs, and manage your expenses correctly. Plus, it saves you time and stress.
What’s an allowable expense for freelancers?
Things like home office costs, software, travel, and even a portion of your phone bill can be allowable expenses. Our accountants will make sure nothing gets missed.
How do I register as self-employed?
We can help with registering as self-employed and guide you through every step—from understanding self-employment taxes to keeping track of your freelance income.
How We Stand Out for London Freelancers
We know that choosing the right accountant isn’t easy. Here’s why Griffith Accountants is different for freelancers in the London area:
We keep things personal. No jargon, no unnecessary paperwork, and nothing hidden.
You’ll get one-on-one support whenever you need it. Have a question about your accounting complexities? Just ask. We’re here for our accountancy clients.
We offer more than just compliance. We help you look ahead and plan for the future, with real-time accounting and rolling forecasts.
If you’re a freelancer looking to make sense of your finances, manage cash flow, or take control of your tax bills, we can help. We’re proud to be one of the top accountants for self-employed and freelancers in London, making accounting simple and manageable.
Reach Out Today
Ready to take control of your freelance finances? Whether it’s help with bookkeeping, taxes, or just knowing where your business stands, Griffith Accountants is here to make freelancing simpler. Get in touch with our professional accountants today and see how we can help you grow.
FAQs for Freelancers in London
How much do accountants charge for freelancers in London?
Fees vary depending on the level of support you need. Our fees are transparent, and we’ll work with you to find a plan that fits your budget.
Can I deduct my home office costs?
Yes! If you work from home, a portion of your household expenses (like heating, electricity, etc.) can be claimed as a business expense.
Should freelancers register for VAT?
If your freelance income goes over £85,000 a year, you’ll need to register. Even if it’s lower, there might be advantages—we can help you figure it out.
What are the common mistakes freelancers make with their finances?
Mixing personal and business expenses, not setting aside enough for tax, and missing deadlines are common pitfalls. A full-service accountant can help avoid these errors.
Learn More
Find out more about our services and how we can help you by checking out these resources:
Griffith Accountants are here to make freelancing a little less daunting and a lot more rewarding. Get in touch with us today—your accountants for freelancers in London are ready to help.
Contact Us
Address
128 City Road, London
EC1V 2NX