Answers to common questions about AccTek’s services, pricing, limited companies, sole trader tax, landlord accounting and Making Tax Digital.
AccTek provides bookkeeping, Self Assessment, VAT returns, payroll, year end accounts, Corporation Tax, MTD compliance, management accounts and advisory services. We work with sole traders, landlords, contractors, locum doctors, startups and growing SMEs. All plans include Xero cloud accounting.
Plans start from £19.99 per month fixed with no hidden fees. Pricing depends on your structure (sole trader, limited company), turnover, number of employees and service requirements. Get an instant quote in under two minutes.
Yes. We handle professional clearance, HMRC authorisation, records transfer and Xero migration. Most transitions complete within 5 working days with zero compliance gaps. See our switching guide.
Yes. AccTek is a chartered accountancy firm. Godwin Pinto ACA, ICPA is a member of the Institute of Chartered Accountants in England and Wales.
Yes. AccTek uses Xero, included in your plan at no extra cost. We handle setup, bank feed configuration, migration from other software and ongoing support. Xero gives you real-time visibility and MTD compliance built in.
AccTek accountants are available via WhatsApp, email and scheduled calls. We aim to respond within one working day. For urgent matters, you can schedule a call directly.
Annual accounts must be filed with Companies House within 9 months of your accounting year end. The Corporation Tax return (CT600) is due within 12 months. Corporation Tax itself must be paid within 9 months and 1 day. See our year end accounts guide.
Most limited company directors pay a combination of a low salary (typically £12,570 for 2026/27 to use the personal allowance) plus dividends from retained profits. This minimises National Insurance while maintaining tax efficiency. Employer pension contributions add another layer of tax-efficient extraction. See our salary and dividend strategy guide.
For 2026/27: 19% on profits up to £50,000 (small profits rate), 25% on profits above £250,000, and a marginal rate between £50,000 and £250,000. AccTek plans your profit level to take advantage of the lower rates where possible.
Yes. We help founders incorporate with Companies House, register for Corporation Tax, set up PAYE and payroll, configure Xero and establish full financial infrastructure. See our company formation guide.
AccTek scales with you. Whether you take on staff, register for VAT, need management accounts or require Virtual CFO support, we adjust your plan so you only pay for what you need.
Yes. Your fee includes either Self Assessment or MTD submissions depending on your circumstances. There are no additional charges for filing your annual return or quarterly MTD updates.
Yes, if your self-employment income exceeds the £1,000 trading allowance in a tax year. You must register with HMRC by 5 October following the tax year in which you started trading. AccTek handles the registration process.
Sole traders pay income tax on profits above the £12,570 personal allowance (20% basic rate, 40% higher rate), Class 2 NI (£3.45/week) and Class 4 NI (6% on profits £12,570–£50,270, 2% above). See our sole trader accountant page.
The online Self Assessment deadline is 31 January following the end of the tax year. Payments on account are due 31 January and 31 July. Late filing triggers an automatic £100 penalty plus daily penalties after three months.
Yes, at any time. A limited company typically becomes more tax-efficient once net profits consistently exceed £30,000–£35,000. AccTek models both structures with your actual numbers before recommending a switch. See our full comparison.
Not legally, but most sole traders save more in tax than they spend on accountancy fees. AccTek maximises allowable expenses, files Self Assessment accurately and advises on when incorporation makes sense — typically saving £1,000–£3,000 per year.
Yes, if rental income alone or combined with self-employment income exceeds £50,000 from April 2026, or £30,000 from April 2027. AccTek manages registration, quarterly submissions and the Final Declaration. See our MTD guide.
Section 24 restricts mortgage interest deductions for individual landlords. Instead of a full deduction, you receive a 20% tax credit on finance costs. Higher-rate taxpayers pay significantly more tax as a result. AccTek models the impact and advises on mitigation strategies. See our landlord accountant page.
Letting agent fees, property maintenance and repairs, buildings and contents insurance, ground rent, service charges, accountancy fees, advertising costs and replacement of domestic items. Mortgage interest receives a 20% tax credit under Section 24.
Incorporation can benefit higher-rate taxpayers affected by Section 24. However, stamp duty on transfer, capital gains tax, mortgage availability and ongoing compliance add complexity. AccTek models the long-term position before recommending a structure.
Yes. Each individual owner is assessed separately. Joint rental income is split 50/50 unless a Form 17 declaration alters the split to match actual beneficial ownership.
MTD is HMRC’s programme to digitise UK tax reporting. Affected sole traders and landlords must keep digital records, submit quarterly updates and file a Final Declaration using compatible software. See our complete MTD guide.
No. Quarterly submissions are reporting requirements, not payment deadlines. Tax payment dates remain 31 January and 31 July (payments on account). MTD changes how often you report, not when you pay.
HMRC-recognised MTD-compatible software such as Xero. AccTek includes Xero in all plans at no additional cost — fully compliant with automated bank feeds and direct HMRC submission.
Each missed quarterly submission earns one penalty point. At four points, HMRC charges a £200 penalty, plus £200 for each subsequent missed submission. Late payment attracts interest from day one plus escalating penalties. AccTek ensures you never miss a deadline.
Book a free consultation and speak to a qualified accountant directly
Godwin Pinto ACA is a chartered accountant and founder of AccTek with 20+ years of experience accounting and tax for contractors, startup and SME .
AccTek is a member firm of the Institute of Certified Practising Accountants (ICPA). Our accountants have a wide range of qualifications and accreditations from trusted professional bodies such as the AAT, ICPA, and ACCA.
