[et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.16″ background_color=”#084666″ use_background_color_gradient=”on” background_color_gradient_direction=”170deg” background_color_gradient_stops=”#002e4f 1%|rgba(8,70,102,0.8) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”#002e4f” background_color_gradient_start_position=”1%” background_color_gradient_end=”rgba(8,70,102,0.8)” background_image=”https:\/\/etaxpol.co.uk\/wp-content\/uploads\/2025\/02\/Accountant-Image-40.jpg” custom_padding=”|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|27px|0px|false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”20px” text_line_height=”1.8em” header_font=”Open Sans|800|||||||” header_font_size=”60px” header_line_height=”1.3em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” background_layout=”dark” max_width=”600px” custom_margin=”|||” custom_margin_tablet=”|100px||” custom_margin_phone=”|30px||” custom_margin_last_edited=”off|desktop” header_font_size_tablet=”50px” header_font_size_phone=”40px” header_font_size_last_edited=”on|phone” header_line_height_tablet=”” header_line_height_phone=”” header_line_height_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n
Find answers to the most common questions about our accounting services. Can’t find what you’re looking for? Get in touch \u2014 we’re happy to help.<\/p>\n
[\/et_pb_text][et_pb_button button_text=”Ask A Question” _builder_version=”4.16″ custom_button=”on” button_text_size=”15px” button_bg_color=”#12eaa6″ button_border_width=”0px” button_border_radius=”0px” button_letter_spacing=”2px” button_font=”Open Sans|700||on|||||” button_use_icon=”off” background_layout=”dark” custom_margin=”||||true” custom_padding=”16px|32px|16px|32px|true|true” button_letter_spacing_hover=”2px” button_bg_color_hover=”#00e2c4″ global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”2px” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”#00e2c4″ button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”FAQ Section” _builder_version=”4.16″ background_color=”#f6f8fa” custom_padding=”|||” border_color_all=”#dee3e8″ border_width_top=”1px” global_colors_info=”{}”][et_pb_row column_structure=”1_3,1_3,1_3″ use_custom_gutter=”on” gutter_width=”2″ admin_label=”Row” _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_3_font=”Open Sans|700|||||||” header_3_line_height=”1.6em” background_color=”#4e7c97″ background_layout=”dark” custom_margin=”|||” custom_padding=”30px|30px|30px|30px|true|true” animation_style=”fold” animation_direction=”top” global_colors_info=”{}”]<\/p>\n
It depends on your situation, but typically you’ll need: proof of income (payslips, invoices, bank statements), details of any expenses you wish to claim, your UTR (Unique Taxpayer Reference) number, P60 or P45 if employed, and any other relevant financial documents. We’ll guide you through exactly what’s needed at your first consultation.<\/p>\n
[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_3_font=”Open Sans|700|||||||” header_3_line_height=”1.6em” background_color=”#11d498″ background_layout=”dark” custom_margin=”|||” custom_padding=”30px|30px|30px|30px|true|true” animation_style=”fold” animation_direction=”top” animation_delay=”200ms” locked=”off” global_colors_info=”{}”]<\/p>\n
At ETAXPOL we combine professional expertise with a personal, approachable service. We specialise in supporting self-employed individuals, limited companies, and Polish-speaking clients across the UK. With over 16 years of experience, transparent pricing, and no hidden fees \u2014 we go beyond just filing numbers. We’re a genuine partner in your business success.<\/p>\n
[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_3_font=”Open Sans|700|||||||” header_3_line_height=”1.6em” background_color=”#ffffff” custom_margin=”|||” custom_padding=”30px|30px|30px|30px|true|true” animation_style=”fold” animation_direction=”top” animation_delay=”400ms” locked=”off” global_colors_info=”{}”]<\/p>\n
Switching is easier than you think \u2014 we handle the entire transition process for you. Many clients come to us after feeling overlooked or underserved elsewhere. With ETaxPol you get a dedicated point of contact, proactive communication, and accounting support tailored to your needs \u2014 not a one-size-fits-all service.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_toggle title=” How do I register as a self-employed business in the UK?” open=”on” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
You can register online on the HMRC website (link). You must register before 5 October of the tax year in which you start working as a self-employed business.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”When do I have to file my annual Self-Assessment return?” open=”on” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
Your Self-Assessment return for the previous tax year must be filed by 31 January (if you do it online).<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”What expenses can I claim as a self-employed business?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
You can claim expenses such as materials, office rent, transport, telephone, internet and even some household expenses if you work from home.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”Do I have to pay VAT as a self-employed business?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
If your annual turnover exceeds \u00a390,000, you must register for VAT.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”How do I set up a Limited Company (LTD) in the UK?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
You can register online through Companies House (link). The process usually takes 24 hours.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”What are the responsibilities of a director of an LTD company?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
A director of an LTD company must keep accounts, file an annual return to Companies House, file tax returns with HMRC and ensure compliance.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”Do I need a separate bank account for my LTD company?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
Yes, a Limited Company is a separate legal entity and should have its own bank account.<\/p>\n
[\/et_pb_toggle][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_toggle title=”What taxes does a Limited Company pay?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
An LTD company pays Corporation Tax (currently 19-25%) on its profits and dividend tax if it is paid to its owners.<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”When do I need to register for VAT?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
If your annual turnover exceeds \u00a390,000, VAT registration is mandatory. You can also register voluntarily if it is beneficial to your business<\/p>\n
[\/et_pb_toggle][et_pb_toggle title=”How often do I have to file VAT returns?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n
VAT returns are usually filed quarterly, or monthly for some businesses.<\/span><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What is the Flat Rate VAT system?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n Flat Rate VAT is a simplified VAT system where you pay a fixed percentage of your turnover rather than deducting VAT from your costs.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”Do I have to register as an employer?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n Yes, if you employ staff and pay them more than \u00a3123 per week, you must register with HMRC as an employer.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What are the obligations of an employer in the UK?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n You must keep a payroll (Payroll), pay tax and National Insurance contributions for your employees and comply with the Auto-Enrolment regulations.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What is the RTI (Real Time Information) system?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n RTI is a system for reporting payroll to HMRC in real time – each payment must be reported as soon as it is made.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What are P60 and P45?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n P60 \u2013 an annual summary of salaries and taxes that an employee receives at the end of the tax year. [\/et_pb_toggle][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_toggle title=”Can I do my own accounting?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n Yes, but this requires knowledge of British tax law. Cooperation with an accounting office helps avoid errors and ensures full compliance with the regulations.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What documents do I need to provide to an accountant?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n Depending on the type of business, these may include sales and expense invoices, bank statements, contracts and documents regarding employee salaries.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”How can I contact your office?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n You can call, email or visit us in person. Details can be found on our website in the Contact section.<\/p>\n [\/et_pb_toggle][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_toggle title=”What are the costs of accounting services?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n The cost depends on the scope of services. We offer flexible packages tailored to the needs of Self-Employed, LTD companies and employers. Contact us for an individual quote.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”How long do I have to keep accounting records?” open_toggle_text_color=”#000000″ closed_toggle_text_color=”#000000″ _builder_version=”4.27.4″ title_level=”h2″ title_font=”Open Sans|600|||||||” title_font_size=”16px” title_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” border_width_all=”0px” locked=”off” global_colors_info=”{}”]<\/p>\n LTD companies and self-employed individuals must keep records for at least 6 years.<\/p>\n [\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Blog” _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ header_font=”||||||||” header_2_font=”||||||||” header_3_font=”||||||||” header_4_font=”Montserrat|700||on|||||” header_4_text_color=”#a2aab2″ header_4_font_size=”15px” header_4_letter_spacing=”2px” header_4_line_height=”1.6em” max_width=”600px” max_width_tablet=”700px” max_width_phone=”700px” max_width_last_edited=”off|desktop” custom_margin=”|||” custom_margin_tablet=”|0px||” custom_margin_phone=”|0px||” custom_margin_last_edited=”off|desktop” header_2_font_size_tablet=”30px” header_2_font_size_last_edited=”off|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”1.8em” header_font=”||||||||” header_2_font=”Montserrat|800|||||||” header_2_font_size=”30px” header_2_line_height=”1.5em” header_3_font=”||||||||” header_4_font=”||||||||” max_width=”600px” max_width_tablet=”700px” max_width_phone=”700px” max_width_last_edited=”off|desktop” custom_margin=”|||” custom_margin_tablet=”|0px||” custom_margin_phone=”|0px||” custom_margin_last_edited=”off|desktop” custom_padding=”20px|||” header_2_font_size_tablet=”30px” header_2_font_size_phone=”20px” header_2_font_size_last_edited=”on|phone” border_color_all=”#12eaa6″ border_width_top=”2px” locked=”off” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blog fullwidth=”off” posts_number=”3″ show_author=”off” show_date=”off” show_categories=”off” show_pagination=”off” masonry_tile_background_color=”rgba(0,0,0,0)” _builder_version=”4.16″ header_font=”Open Sans|600|||||||” header_line_height=”1.6em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” meta_font=”||||||||” meta_font_size=”14px” border_width_all=”0px” locked=”off” global_colors_info=”{}”][\/et_pb_blog][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Map” _builder_version=”4.16″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_fullwidth_code _builder_version=”4.27.6″ _module_preset=”default” filter_saturate=”75%” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
P45 \u2013 a document that an employee receives after leaving employment.<\/p>\nResources<\/h4>\n
Resources & Articles For Managing Your\u00a0 Finances On Your Own<\/h2>\n