Frequently Asked Questions

Yes, accountants typically need to be qualified and have to be member of a professional body such as Chartered Accountant (CA), Association of Chartered Certified Accountants (ACCA), Institute of Financial Accountants (IFA) or Certified Public Accountant (CPA), to demonstrate their competence and adherence to professional standards in providing accounting services to clients.

We are cloud-based accountants so physical location doesn’t make any difference. We can still provide you the highest level of service through remote accounting.

You are required to use MTD for Income Tax if all the following apply

• You're a sole trader or landlord registered for Self-Assessment.
• You receive income from self-employment or property, or both.
• Your qualifying income (total gross income before expenses) exceeds certain thresholds.

The mandatory start dates based on income thresholds are:

• Over £50,000 in the 2024–2025 tax year: Start from 6 April 2026.
• Over £30,000 in the 2025–2026 tax year: Start from 6 April 2027.
• Over £20,000 in the 2026–2027 tax year: Start date to be confirmed by future legislation.

Making Tax Digital (MTD) is a newly implemented regulation, and London Accountancy Hub is here to assist you with the registration process by providing comprehensive, step-by-step guidance.

You will need to

• Determine Your Qualifying Income
• Choose Compatible Software
• Sign Up for MTD
• Maintain Digital Records and Submit Updates

London Accountancy Hub will prepare and submit your tax return following the required guidelines and HMRC compatible software

At London Accountancy Hub Ltd we use the latest softwares in the industry like Xero, IRIS, Quickbooks, Accountancy Manager and use latest technology to provide you the highest level of service.

The main reason most of our recent clients quoted is the lack of customer services and out of date technology used by their previous accountants. At London Accountancy Hub we provide the highest level of service through use of latest technology.

Yes, we use the best softwares available in the market. We will proactively engage with you and make sure that all the processes are in line with deadlines.