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Recent Accounting reviews in London

Thanks very much for your help.

Accounting service

£5

Was helpful

Book keeper

£120

Thanks for your service, it was made earlier than expected looking forward to work with you in the future, I recommend

Accounting services

£200

very efficient and polite

Bookkeeping

£200

What's the average cost of an accountant in London

£85 - £200

low

£85

median

£150

high

£200

Low, median and high bar chart distribuiton

Average reviews for Accounting Services in London

based on 5 reviews

4.4

4
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Why use Airtasker accountants in London?

Avoid the tedious hours of searching for reliable accountants in London for your specific business needs. 

Whether you run a small business in Brixton or a large tech company in Croydon, we help you find London accounting services within minutes. Simply put up a task to get free quotes from rated and reviewed accountants and accounting firms in London. 

Airtasker accountants provide a range of services, such as preparing tax returns, managing payrolls, and bookkeeping. 

Find accountants all over the city of London, from North to South London, and from East to West London. From the accountancy hub in Covent Garden to surrounding areas in London, you’re spoiled for choice! 

The UK has one of the most complicated tax systems in the world. But an experienced tax accountant in London can help you navigate all the complex numbers and accounting terminology. Tell us what you need, and we’ll connect you with highly rated accountants in your ideal London location. 

Set a rate you’re comfortable with, and get offers from qualified accountants who can work within your budget. Then compare quotes and Tasker profiles before accepting an offer. 

Need help with other aspects of running your business? Taskers can also organise your receipts, streamline your spreadsheets, or input data onto a computer system. Meanwhile, an admin assistant or virtual assistant can handle your clerical tasks, or organise your emails and appointments. 

With a trusted Tasker helping you with accounting and other administrative tasks, you can get things done accurately and on time. This way, you get to focus on running your business and growing your profits. 

What's included when you hire an accountant

The inclusions and process you’ll go through with your new accountant will depend on your situation and the type of accounting services you need. 

Individual tax returns

Everybody should have a reliable tax accountant to them submit their personal tax each year. It’s usually best to contact your tax agent early on in the year - ideally 2-3 months before EOFY. Not just to make sure they can fit you in, but also to get pre-tax planning advice on what you might be able to buy and write off before the year is up. 

Once you’ve found a suitable tax agent near you to do your tax return, book them in! This time of year things get really busy, so don’t leave it too late. Bring to your appointment your identification, a copy of last year’s notice of assessment, bank statements, real estate info, claimable expense receipts, payment summaries, and anything else that might be relevant. Usually, your accountant will need around 1-2 hours to prepare your tax return and may do it while you’re there during the appointment, or finish it off (with your approval) later on.

Budgeting and financial planning

Your accountant can help you create a budget or in some cases, even plan your finances. You can set up an appointment to talk about your finances, goals, income, and expenses. Then your accountant can use their tools (and years of experience) to advise you on the best steps forward. The benefit of engaging an accountant for budgeting is that they can look at your finances through the lens of what you can write off, the tax you owe, and what you might get back.

Business setup accounting

One of the first things you should do if you’re setting up a business is to engage an experienced accountant. They’ll advise you on the best business structures based on the type of business and projected income level from financial modelling. And they’ll help you feel more confident you’ve ticked the right boxes as you fill out any paperwork. Plus, your accountant can get you set up with MYOB, Xero, or another type of accounting software. 

Compliance and audits

Staying compliant is essential for businesses to avoid fines and minimise risk. But if you’re not familiar with the rules, it's easy to miss a detail or take the wrong step. Your accountant can help you with the financial reports you need or help you get your ducks in a row for an audit. During your appointment, you’ll answer a lot of different questions about the type of work you do, how you record your data, and more. Your accountant will go through a checklist to make sure you’ve covered off everything you need to operate in compliance with local and federal regulations.

BAS accounting

If you’re registered for, you’ll need to submit regular business activity statements (BAS). For most businesses, it makes sense to engage a registered BAS accountant to manage and submit your BAS. BAS agents get extra time, so if you’re in a rush to submit your BAS, you can breathe a sigh of relief when you engage a professional to take care of it. To do your BAS, your accountant will need access to your bookkeeping and accounting software to track the GST you’ve paid and collected over a 3-month period. They’ll calculate the amount you owe then submit this to the HM Revenue & Customs.

Bookkeeping

Many accountants also offer bookkeeping services or can help with your regular payroll. If you’re a small business or contractor, hiring a bookkeeper makes sense because it frees you up to serve more customers or just get back some family time. Hiring a bookkeeper means you can finally hand your shoebox of receipts or hundreds of receipt emails over someone who will know what to do with it. 

Because the inclusions vary so much between different accounting services, it’s always a good idea to check with your accountant before you start working together. Get the inclusions in writing, and if you need something specific to your situation, you can always let them know when you post your task here on Airtasker.

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Balham, Greater London

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I need some advice on completing tax requirements from HRMC for a Limited company and self assessment. I am looking for a initial cost and monthly contract there after to manage requirements. - Due date: Flexible

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My income tax position has changed throughout the year (changing company car and cycle to work scheme ending) and my employer has paid a agreed net allowance (housing benefit) in gross which affects my Tax Free Allowance. I want two calculations to validate/challenge the approach with my employer. - Due date: Flexible

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Tax application

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Bookkeeping

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