As a freelancer, you might work with several clients, take on short-term projects, and have income that changes from month to month. This means you need a different approach to accounting.
At Naseems Accountants, our accountants for freelancers are specialists in helping freelancers stay organised, tax-efficient, and fully HMRC-compliant.
This service is here to help freelancers.
If you run a sole trader business, check out these services:
We make sure your freelance income and expenses are reported accurately.
We support you with Xero or QuickBooks.
We help you claim all the tax deductions you’re entitled to.
We help you plan for times when your income changes.
We support you all year, not just during tax season.
We do more than just file tax returns. We help you plan ahead and stay in control.
One of our accountants in Birmingham will give you a free 30-minute consultation to review your situation and explain how we can help.
Yes, most freelancers are considered self-employed for tax reasons. However, freelance income is often project-based or irregular, so it needs special tax planning.
We help freelancers plan for taxes by setting aside reserves, estimating tax bills, and avoiding cash flow surprises.
Freelancers can often claim home-office costs, software subscriptions, equipment, training, and professional fees, depending on their work.
Yes. We support freelancers working remotely or with international clients who use cloud accounting tools.
Absolutely. We handle combined PAYE and freelance income in a single Self-Assessment tax return.
We provide accounting and taxation solutions to freelancers. Our accountants can offer you tailored services to meet all your needs.
Contact one of our accountants for freelancers and book your free consultation
Our freelance accountants will ask you to provide relevant information to complete your accounts. The process can be done over the phone or by email if a confidentiality clause is in place to protect any sensitive information.
Once we have all the details, we will be able to give you a price for the accounts that reflects the amount of work needed.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
If you’re already running your own limited company, one of the key advantages is the flexibility in how you take income. But doing it right takes planning.
Many associates start as sole traders, but once income grows, it may be worth considering a limited company structure. Incorporating can open up new tax planning opportunities, but it’s not always the right move.
If you decide to go limited, we’ll handle the entire setup and make the transition as smooth as possible, with no disruption to your work or income.
As a self employed associate, filing your own Self-assessment is a legal requirement, but many leave it too late or miss out on valuable deductions.
You’ll receive reminders, clear explanations, and full support, so your tax return is one less thing to worry about.
Claiming the right expenses can lower your tax bill substantially, but it’s also one of the areas HMRC looks at closely, so accuracy matters. Many dental associates underclaim and pay more tax than they should, or overclaim and risk penalties.
We’ll guide you on what’s allowed and what’s not. Some examples are:
We make sure your records are clean and that your claims are correct.
Once your dental practice is operating through a limited company, one of the most important financial decisions you’ll face is how to extract your profits. The right balance between salary and dividends can significantly reduce your tax bill, but it must be handled correctly.
Paying yourself too much salary can trigger higher national insurance costs, while taking excessive dividends without proper planning may lead to unexpected tax bills or impact mortgage and financial assessments.
VAT is one of the most misunderstood areas for dental practice owners. While most NHS treatments are VAT exempt, many private and cosmetic services, like teeth whitening or facial aesthetics, can fall under the standard rated category.
This mix of exempt and taxable income creates what’s known as a “partial exemption” scenario, meaning you may not be able to reclaim all of your VAT on expenses. And that’s where many practices unknowingly get caught out.
As specialist dental accountants, we help you identify and claim every allowable expense, such as:
Claiming correctly not only lowers your tax bill but it also improves the financial clarity of your practice. We make sure nothing is missed.
Understanding which expenses are tax-deductible can make a real difference to your tax liability.
