FREEAGENT ACCOUNTANTS

FreeAgent: Easy-to-use accounting software.
Accountants of Kent, based in Dartford, serving Kent, London, England and beyond.
Your FreeAgent Accountant.

From £47.50 per month - Ongoing Monthly Accounting Package Service for Limited Companies. Includes:

- Annual Company Accounts
- Corporation Tax Return
- Confirmation Statement
- Directors Self-Assessment
- Accounting and Tax Guidance

WITH

- Dedicated Accountant
- Bookkeeping Reviews
- Tax Efficiency Reviews
- Tax Allowance Claimed
- Dividend Guidance
- Deadline Reminders
- Reference for Mortgage and Lettings
- Lower Accountancy Expense
- Fixed Fees

- Prompt Service

Can add Payroll and VAT returns

OR

One-Off prices for Annual Year End Company Accounts & Tax Return:

£199 for turnover up to £1,000
£249 for turnover up to £10,000
£299 for turnover up to £90,000
£399 for turnover up to £150,000

All prices subject to VAT.

FreeAGent Gold Partner Best Accountant.png

FREEAGENT ACCOUNTANTS KENT: YOUR SPECIALIST PARTNER FOR LIMITED COMPANIES

Looking for a specialist FreeAgent accountant in Kent who truly understands the needs of a limited company? You've found us. At Accountants of Kent Limited, we don't just use FreeAgent; we live and breathe it. We are a "Gold Partner" with FreeAgent and can help any client using FreeAgent so we are always the best accountant near you as we serve UK nationwide. With our deep understanding of FreeAgent we can give you the best accounting support for your business.
We've built our practice around this powerful, user-friendly software to provide you with a seamless and stress-free accounting experience. We are FreeAgent experts, focusing on limited companies in the UK.
Our expertise is a perfect match for FreeAgent’s award-winning platform, ensuring you get the most out of its features while we handle the complexities of compliance, tax planning, and strategic financial advice.

WHY FREEAGENT IS THE RIGHT CHOICE FOR YOUR LIMITED COMPANY?

FreeAgent is designed specifically for small businesses, contractors, and freelancers, making it the ideal tool for limited companies. It simplifies everything from invoicing and expense tracking to real-time cash flow monitoring. FreeAgent constantly updates its tool enhance user experience. Here's why it's so effective:

Real-Time Financial Overview: The dashboard gives you an instant, clear view of your finances, so you always know where your business stands. You can see corporation tax due and dividends available.
Automated Tax Timeline: FreeAgent's unique tax timeline shows you exactly what tax you owe and when, eliminating nasty surprises. This helps to avoid those Companies House and HMRC late submission penalties.
HMRC-Recognised and Compliant: The software is fully compliant with Making Tax Digital (MTD) for VAT and is designed for the UK tax system, providing peace of mind. The VAT timeline helps to review the current VA payment status.
Mobile-Friendly: Manage your accounts on the go with the powerful mobile app, perfect for tracking expenses with a quick photo of a receipt. You can use the mobile app for your bookkeeping too.
Seamless Bank Feeds: Automatically import transactions from your business bank account, saving you countless hours of manual data entry. Hundreds of bank accounts can be used, even those supporting foreign currencies

WHY ACCOUNTANTS OF KENT LIMITED IS THE BEST CHOICE FOR FREEAGENT USERS?

While FreeAgent makes bookkeeping easier, a specialist FreeAgent accountant turns it into a strategic advantage. Here's why Accountants of Kent Limited is the best partner for your limited company:

Deep FreeAgent Expertise: We are fully FreeAgent-accredited, with a comprehensive understanding of every feature. This allows us to set up your account for maximum efficiency, troubleshoot issues quickly, and provide tailored advice that other accountants simply can't.
Dedicated Partner, Not Just a Software: We are proud to be FreeAgent specialists. Our experience with hundreds of limited companies means we can go beyond basic data entry to help you with critical tasks like Corporation Tax returns, PAYE payroll, and director Self Assessments. We can provide ongoing tax guidance and ensure your business structure is optimized for tax efficiency often saving more in tax than the accountancy fees.
Proactive & Hands-On Support: We proactively monitor your FreeAgent data to spot trends, identify potential issues, and provide timely advice. Because we are working from the same live data as you, there is no waiting for spreadsheets or outdated reports. We are always one step ahead, proactive and here to save you time and money.
Fixed-Fee Packages: Our pricing is transparent and designed to provide exceptional value. With FreeAgent you get an award-winning software and expert support for one simple, fixed monthly fee.

Don't settle for a generic accountant who dabbles in FreeAgent. Choose the specialist FreeAgent accountants who are dedicated to helping your limited company thrive.
Ready to simplify your limited company accounts? Get in touch with us today for a free, no-obligation consultation to see how we can help you save time, reduce stress, and grow your business with FreeAgent.

TRANSFER YOUR FREEAGENT ACCOUNT TO US

Transferring your FreeAgent account to us at Accountants of Kent, is a well-established and smooth process, especially because Accountants of Kent are a "Gold Partner" with FreeAgent. This means we are highly experienced with the software and have a direct relationship with FreeAgent, which streamlines the handover.
Here's a step-by-step guide on how to approach the transfer:
1. Contact Us at Accountants of Kent

Start the conversation. The first and most crucial step is to contact us at Accountants of Kent and let us know you'd like to switch. You can typically do this through our website's contact form, email, or by phone.
Discuss the process. We’ll be able to explain our specific onboarding process for FreeAgent clients. As a FreeAgent partner, we are well-versed in this procedure and will guide you through every step.

2. Inform Your Current Accountant

Formal notification. Once you have confirmed with us that you'd like to proceed, you need to formally notify your current accountant. An email is usually sufficient.
Request professional clearance. In this communication, you should state that your new accountant, us at Accountants of Kent, will be in contact to request professional clearance and all necessary files and information. This is a standard professional courtesy and requirement.

3. The FreeAgent Transfer
The most common way this transfer is handled is through the FreeAgent Practice Dashboard, a tool used by accountants to manage their clients' accounts.

Your old accountant removes your account. You will ask your current accountant to remove your FreeAgent account from their Practice Dashboard. This will place your account into a grace period (usually two weeks), giving you time to link it to the new dashboard.
The new accountant initiates the transfer. Accountants of Kent will then initiate the process of adding your existing FreeAgent account to our dashboard.
You confirm the transfer. You will receive an email from FreeAgent asking you to confirm the transfer. This is a security step to ensure you authorise the move. Once you confirm, Accountants of Kent will have full access to your account.

4. Data and HMRC Handover

Accountants of Kent handles the rest. Your new accountant will take over the formal process of dealing with your previous accountant. They will request all historical documents, such as previous year's accounts, tax returns, and any other relevant financial records.
HMRC authorisation. We will also guide you through the process of authorising us to view your HMRC data for all relevant tax types (e.g., Corporation Tax, VAT, Self Assessment).

Key Advantages of Switching to a FreeAgent Partner
Choosing an accountant who is a FreeAgent partner offers significant benefits for a smooth transition:

We understand the software. We're experts in FreeAgent, so there will be no learning curve or issues with data.
Streamlined process. Since we are familiar with the FreeAgent-specific handover procedure, we will know exactly what to do and will handle the bulk of the administrative work for you.
Professional clearance is standard. We will handle the professional clearance requests to ensure a clean and professional break with your previous accountant.

In short, the process is designed to be as hands-off for you as possible. Your primary responsibility is to inform your current accountant of your decision and then confirm the transfer within FreeAgent when prompted. Accountants of Kent will manage the rest.

DO I NEED AN ACCOUNTANT IF I HAVE FREEAGENT?

While FreeAgent is an excellent accounting software that automates many tasks and helps with compliance, a limited company using FreeAgent still significantly benefits from having an accountant. There are many benefits of a company collaborating with an accountant like us. Here's why:
1. Legal and Compliance Complexity for Limited Companies:

Distinct Legal Entity: A limited company is a separate legal entity from its owners. This brings additional legal and financial obligations that don't apply to sole traders, this navigating this area and tax implications is crucial to avoid penalties.
Companies House Filings: Limited companies have strict filing requirements with Companies House, including:
- Annual Accounts: These must be prepared in a specific format (e.g., FRS 102 Section 1A or FRS 105 for small companies) and submitted annually. FreeAgent can help generate reports, but ensuring they meet all statutory requirements and are accurate for filing can be complex.
- Confirmation Statements: These provide Companies House with up-to-date information about the company.
Corporation Tax: Limited companies pay Corporation Tax on their profits. While FreeAgent calculates an estimated Corporation Tax liability, an accountant ensures all reliefs, allowances, and strategies proactively are considered to minimise the tax burden legally. Accountants can also handle the submission of the CT600 to HMRC.
Dividend Declarations: Properly declaring dividends, ensuring there are sufficient distributable profits and preparing the necessary paperwork (e.g., dividend vouchers) are crucial for your self assessment submissions. Incorrect dividend declarations can lead to serious tax penalties for your limited company via illegal dividends.
PAYE and Payroll: If the limited company employs directors or staff, a PAYE scheme is required. While FreeAgent has payroll functionality, an accountant can ensure correct calculations, RTI submissions, and compliance with ever-changing payroll legislation (e.g., minimum wage, pension auto-enrolment).

2. Tax Optimisation and Strategic Advice:

Beyond Basic Calculations: FreeAgent is designed to calculate taxes based on the data entered. However, it doesn't offer proactive tax planning. An accountant can advise on:
- Director's Salary vs. Dividends: The most tax-efficient way to extract money from the company, considering personal tax thresholds, National Insurance, and Corporation Tax.
- Allowable Expenses: Ensuring all legitimate business expenses are claimed to reduce taxable profit. This includes identifying less obvious deductible expenses.
- Capital Allowances: Maximising claims for capital expenditure.
- Loss Relief: How to utilize company losses to reduce current or future tax liabilities.
- VAT Schemes: Advising on the most appropriate VAT scheme (e.g., Flat Rate Scheme) for the business.
Future Planning: Accountants provide valuable insights into the company's financial health, helping owners make informed decisions about growth, investment, and future tax liabilities.
Complex Scenarios: If the company deals with international transactions, has multiple income streams, or experiences significant changes (e.g., selling assets, taking on debt), an accountant's expertise is invaluable.

3. Error Checking and Peace of Mind:

Data Entry Accuracy: While FreeAgent automates much of the process, the accuracy of its output depends entirely on the accuracy of the data inputted. An accountant provides a crucial second pair of eyes to review transactions, categorize them correctly, and identify any errors or omissions before filings are submitted.
Avoiding Penalties: Incorrect or late filings with Companies House or HMRC can result in significant fines and reputational damage. An accountant ensures deadlines are met and submissions are accurate, providing peace of mind.
HMRC Enquiries: If HMRC raises queries or opens an investigation, an accountant can act as an intermediary, handling communication and providing the necessary documentation, saving the company owner considerable stress and time.

4. Time Savings and Focus:

Free Up Your Time: Even with FreeAgent, managing a limited company's accounts can be time-consuming. Offloading the more complex aspects to an accountant allows the business owner to focus on core business activities, growth, and client work.
Understanding Reports: While FreeAgent generates reports, an accountant can interpret these reports, explain what they mean for the business, and help identify trends or areas for improvement.

In summary, while FreeAgent simplifies bookkeeping and some tax calculations, the complexities and legal obligations of a limited company, combined with the potential for significant tax savings and strategic advice, make an accountant an essential partner. They don't just process data; they provide expert guidance to ensure compliance, optimize tax efficiency, and support the overall financial health and growth of the business.

FREEAGENT ACCOUNTANT REVIEWS - BEST ACCOUNTANT FOR LONDON AND THE UK

We have a high level of client satisfaction. We have a 5-star rating on platforms like Bark, Google and Trustpilot reflecting our strong track record.
A consistent theme in testimonials is the emphasis on being "professional, friendly, efficient, and reliable." Clients often praise us for being helpful, approachable, and responsive to queries.
Our clients appreciate our proficiency in leveraging modern technology to simplify accounting.
Clients highlight the accountants' promptness in responding to emails and phone calls. This is a crucial factor for business owners who need timely advice.

Knowledge and Expertise: Clients trust our expertise in handling various accounting and tax matters, including tax returns, VAT, payroll, and general business advice.
Fixed and Competitive Pricing: We offer "one-off deals" and "best rates" with fixed monthly fees, which is a major draw for small businesses and contractors seeking cost-effective solutions.
Helpfulness and Patience: Our clients mentioned our patience in guiding clients, especially those who are new to accounting or running a business. We are described as simplifying complex topics and making clients feel "assured and confident."
Proactive Approach: Reviews indicate that we go beyond basic compliance and offers proactive advice on tax efficiency and business growth.

In summary, our reviews for Accountants of Kent reflect that they are a well-regarded firm, particularly for small businesses and contractors, who value a combination of modern, tech-savvy service, competitive pricing, and a personal, responsive approach.

WHY ACCOUNTANTS OF KENT ARE THE UK’S BEST FOR FREEAGENT USERS

Expertise and Specialization 🧠
Accountants of Kent is a dedicated FreeAgent Gold Partner. This prestigious status is awarded to accountants who demonstrate a high volume of clients and a deep understanding of the software. We don't just "use" FreeAgent; we're experts in it. This means we can help you leverage every feature to its full potential. Our specialization is in working with the businesses FreeAgent is designed for: limited companies, freelancers, and contractors. We understand the specific accounting and tax needs of these businesses, including Corporation Tax, VAT, and PAYE payroll.
Because FreeAgent is web-based, our services aren't confined to Kent. We can serve clients anywhere in the UK, providing the same high level of service and expertise regardless of your physical location.

Unbeatable Fees and Value-Added Services 💰
We believe that expert accounting should be accessible. Our fees are kept low because we have an efficient, web-based business model. This allows us to pass on savings directly to our clients. For example, our services for limited companies using FreeAgent start from a very competitive monthly fee. In some cases, we can also help you get a FreeAgent license for free, which is a significant cost saving for any business.
Beyond the numbers, our service packages are comprehensive and designed to simplify your financial management. We handle everything from annual accounts and Corporation Tax returns to ongoing tax guidance and payroll. This "one-stop shop" approach gives you peace of mind and allows you to focus on what you do best—running your business.

Outstanding Reviews and Client Satisfaction ⭐
The proof of our quality is in our client feedback. Accountants of Kent has a number of 5-star reviews on Google and Trustpilot. These testimonials highlight our commitment to being responsive, proactive, and forward-thinking. Clients consistently praise our friendly, professional, and efficient service. Our high level of client satisfaction demonstrates that we not only have the technical skills but also the communication and service-oriented approach that modern businesses need.

The Benefits of a Hybrid Approach 🌐
While we are "Accountants of Kent," our expertise in web-based accounting with FreeAgent makes us a perfect fit for any business in the UK. The traditional need for a local, in-person accountant is no longer necessary with cloud-based platforms. We offer the best of both worlds: the personalized, expert service you'd expect from a local firm, combined with the flexibility and efficiency of a national, web-based practice.

FREEAGENT ACCOUNTANT REVIEWS - BEST ACCOUNTANT FOR LONDON AND THE UK

While FreeAgent is excellent accounting software that automates many tasks and helps with compliance, a limited company using FreeAgent still significantly benefits from having an accountant. There are many benefits of a company collaborating with an accountant like us. Here's why:
1. Legal and Compliance Complexity for Limited Companies:

Distinct Legal Entity: A limited company is a separate legal entity from its owners. This brings additional legal and financial obligations that don't apply to sole traders.
Companies House Filings: Limited companies have strict filing requirements with Companies House, including:
- Annual Accounts: These must be prepared in a specific format (e.g., FRS 102 Section 1A or FRS 105 for small companies) and submitted annually. FreeAgent can help generate reports, but ensuring they meet all statutory requirements and are accurate for filing can be complex.
- Confirmation Statements: These provide Companies House with up-to-date information about the company.
Corporation Tax: Limited companies pay Corporation Tax on their profits. While FreeAgent calculates an estimated Corporation Tax liability, an accountant ensures all reliefs, allowances, and strategies are considered to minimize the tax burden legally. They also handle the actual submission of the CT600 to HMRC.
Dividend Declarations: Properly declaring dividends, ensuring there are sufficient distributable profits, and preparing the necessary paperwork (e.g., dividend vouchers) are crucial. Incorrect dividend declarations can lead to serious tax penalties.
PAYE and Payroll: If the limited company employs directors or staff, a PAYE scheme is required. While FreeAgent has payroll functionality, an accountant can ensure correct calculations, RTI submissions, and compliance with ever-changing payroll legislation (e.g., minimum wage, pension auto-enrolment).

2. Tax Optimisation and Strategic Advice:

Beyond Basic Calculations: FreeAgent is designed to calculate taxes based on the data entered. However, it doesn't offer proactive tax planning. An accountant can advise on:
- Director's Salary vs. Dividends: The most tax-efficient way to extract money from the company, considering personal tax thresholds, National Insurance, and Corporation Tax.
- Allowable Expenses: Ensuring all legitimate business expenses are claimed to reduce taxable profit. This includes identifying less obvious deductible expenses.
- Capital Allowances: Maximising claims for capital expenditure.
- Loss Relief: How to utilize company losses to reduce current or future tax liabilities.
- VAT Schemes: Advising on the most appropriate VAT scheme (e.g., Flat Rate Scheme) for the business.
Future Planning: Accountants provide valuable insights into the company's financial health, helping owners make informed decisions about growth, investment, and future tax liabilities.
Complex Scenarios: If the company deals with international transactions, has multiple income streams, or experiences significant changes (e.g., selling assets, taking on debt), an accountant's expertise is invaluable.

3. Error Checking and Peace of Mind:

Data Entry Accuracy: While FreeAgent automates much of the process, the accuracy of its output depends entirely on the accuracy of the data inputted. An accountant provides a crucial second pair of eyes to review transactions, categorize them correctly, and identify any errors or omissions before filings are submitted.
Avoiding Penalties: Incorrect or late filings with Companies House or HMRC can result in significant fines and reputational damage. An accountant ensures deadlines are met and submissions are accurate, providing peace of mind.
HMRC Enquiries: If HMRC raises queries or opens an investigation, an accountant can act as an intermediary, handling communication and providing the necessary documentation, saving the company owner considerable stress and time.

4. Time Savings and Focus:

Free Up Your Time: Even with FreeAgent, managing a limited company's accounts can be time-consuming. Offloading the more complex aspects to an accountant allows the business owner to focus on core business activities, growth, and client work.
Understanding Reports: While FreeAgent generates reports, an accountant can interpret these reports, explain what they mean for the business, and help identify trends or areas for improvement.

In summary, while FreeAgent simplifies bookkeeping and some tax calculations, the complexities and legal obligations of a limited company, combined with the potential for significant tax savings and strategic advice, make an accountant an essential partner. They don't just process data; they provide expert guidance to ensure compliance, optimize tax efficiency, and support the overall financial health and growth of the business.

WHY CHOOSING AN ACCKENT FREEAGENT GOLD PARTNER IS YOUR BEST BUSINESS DECISION

Choosing a FreeAgent Gold Partner is a critical step in optimising your business's financial health. At AccKent Accountants, our status as a Gold Partner is not merely a title; it's a testament to our profound and certified expertise in the FreeAgent platform. We go beyond basic support to become an integral part of your financial strategy. We undergo rigorous training and continuous professional development to stay ahead of every new feature, update, and integration FreeAgent introduces.
This deep-rooted expertise translates into tangible benefits for your business:

Customized Workflows: We don't believe in a one-size-fits-all approach. We'll work with you to analyse your specific business operations—whether you're a freelancer, a growing startup, or a contractor—and configure FreeAgent to create a streamlined, efficient workflow that saves you time and reduces errors. This might include setting up automated invoice reminders, integrating bank feeds for real-time data, or customizing project management and time tracking settings.
Proactive Financial Guidance: We look at your FreeAgent data not just as numbers, but as a roadmap for your business's future. Our proactive approach means we regularly review your reports to spot trends, identify potential tax savings, and offer strategic advice. For instance, we might advise you on the best way to handle expenses, manage your cash flow, or plan for future growth, all based on the real-time insights available through FreeAgent.
Troubleshooting & Technical Support: While FreeAgent is incredibly user-friendly, technical questions can arise. As your dedicated Gold Partner, we provide unlimited support. No more waiting on hold or navigating complex help forums. Whether you need help with a specific transaction, a tax query, or a software bug, we are your first point of contact, providing swift and knowledgeable assistance.

By partnering with AccKent as your FreeAgent Partner, you're not just hiring an accountant; you're gaining a trusted advisor who understands your business and its technology inside and out, ensuring you maximize every feature FreeAgent has to offer.

FREEAGENT ACCOUNTING SERVICES FOR SMALL BUSINESSES

Small businesses, freelancers, and contractors have unique financial needs, and FreeAgent is built to meet them. But even with user-friendly software, navigating the complexities of tax law and annual filings can be challenging. Our tailored FreeAgent accounting services are designed to simplify this process, allowing you to focus on what you do best: running your business.
Our all-inclusive services for limited companies include:

Annual Statutory Accounts: We meticulously prepare and file your company's annual accounts with Companies House, ensuring full compliance with UK regulations. This process includes a thorough review of your FreeAgent data to ensure accuracy and resolve any discrepancies.
Corporation Tax Returns: We handle the preparation and submission of your Corporation Tax Return (CT600) to HMRC. We work to identify all eligible expenses and reliefs to minimise your tax liability, ensuring you pay the right amount of tax at the right time.
Director's Personal Self-Assessment: Many of our packages include the preparation and filing of one director's personal Self-Assessment tax return, taking the burden of two separate tax processes off your shoulders.
VAT & Payroll Management: If your business is VAT registered, we manage your VAT returns from start to finish. We can also set up and run your payroll, handling RTI submissions to HMRC and providing payslips for you and any employees.
Expert Advice and Unlimited Support: Our service includes unlimited access to your dedicated accountant for any queries you may have, whether it's about a specific FreeAgent feature, tax implications of a business decision, or general financial advice.

With AccKent Accountants and FreeAgent, managing your accounts has never been easier or more efficient. We help you unlock the full potential of your business by providing expert financial guidance and a seamless accounting process.

REAL-WORLD SCENARIOS: HOW WE HELP CLIENTS JUST LIKE YOU

Choosing an accountant is a big decision. While any firm can handle your books, our expertise as Accountants of Kent and a FreeAgent Gold Partner allows us to provide proactive, tailored solutions that solve real-world problems. Here are a few examples of how we go beyond basic bookkeeping to deliver tangible value.

Scenario 1: The Freelance Graphic Designer Juggling Projects and Paperwork

The Challenge: A freelance graphic designer uses FreeAgent to invoice clients but struggles to track project profitability and manage expenses correctly. They worry about missing a tax deadline and are unsure if they’re claiming all eligible business costs.
Our Solution: We connect with their FreeAgent account, conduct a full review, and clean up their categories. We set up an automated expense capture system using the FreeAgent mobile app and create custom project reports. This was done via FreeAgent’s AI-powered Smart Capture feature. During our check-in, we teach them how to use the "Project" feature to track time and expenses against each client, giving them a clear view of which projects are most profitable. We also set up MTD VAT submissions and create a clear tax timeline within FreeAgent so they never miss a deadline.
The Result: The designer gains complete peace of mind. They save hours each month on admin, confidently submit their tax returns, and can now make informed decisions about their pricing and client base.

Scenario 2: The E-commerce Startup with Growing Sales and Complex Stock

The Challenge: An e-commerce business owner has scaled their sales, but managing inventory and reconciling a high volume of transactions is becoming a full-time job. They are spending more time on admin than on growing their business and are concerned about accurate stock valuation for their year-end accounts.
Our Solution: We optimize their FreeAgent setup to handle high transaction volumes efficiently. We guide them on best practices for recording sales and expenses and help them integrate any third-party tools where possible. We work closely to ensure their stock valuation is accurate at the financial year-end. We provide regular, in-depth reports using FreeAgent’s advanced features to analyse their best-selling products and identify key performance indicators.
The Result: The business owner is no longer overwhelmed by admin. They have a streamlined system that keeps their financial data accurate and up-to-date. With our proactive advice, they gain better visibility into their business performance and can make strategic decisions to fuel future growth.

Scenario 3: The Contractor Starting Their Own Limited Company

The Challenge: An IT contractor has just set up their own limited company. They've heard about FreeAgent and know they need to keep accounts, but they have no idea where to start. They are worried about getting payroll, dividends, and corporation tax wrong.
Our Solution: We provide a comprehensive onboarding process. We handle the initial company setup in FreeAgent and provide a step-by-step video guide tailored to their specific needs. We explain the difference between a salary and a dividend, and we run their monthly payroll for them. We set up a clear schedule for dividend payments and explain what documentation is required. Most importantly, we are always on hand via phone or email to answer any questions.
The Result: The new contractor feels confident and in control. They know their finances are being managed by experts who understand the nuances of contracting, leaving them free to focus on their client work and enjoy the benefits of being their own boss.

Ready to get started? Contact us today for a free consultation.

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FREEAGENT ACCOUNTANTS

From £47.50 per month - Ongoing Monthly Accounting Package Service for Limited Companies. Includes: - Annual Company Accounts - Corporation Tax Return - Confirmation Statement - Directors Self-Assessment - Accounting and Tax Guidance

WITH

​

- Dedicated Accountant - Bookkeeping Reviews - Tax Efficiency Reviews - Tax Allowance Claimed - Dividend Guidance - Deadline Reminders - Reference for Mortgage and Lettings - Lower Accountancy Expense - Fixed Fees

- Prompt Service Can add Payroll and VAT returns

OR One-Off prices for ​Annual Year End Company Accounts & Tax Return:

£199 for turnover up to £1,000 £249 for turnover up to £10,000 £299 for turnover up to £90,000 £399 for turnover up to £150,000 All prices subject to VAT.

FREEAGENT ACCOUNTANTS KENT: YOUR SPECIALIST PARTNER FOR LIMITED COMPANIES

WHY FREEAGENT IS THE RIGHT CHOICE FOR YOUR LIMITED COMPANY?

Real-Time Financial Overview: The dashboard gives you an instant, clear view of your finances, so you always know where your business stands. You can see corporation tax due and dividends available.

Automated Tax Timeline: FreeAgent's unique tax timeline shows you exactly what tax you owe and when, eliminating nasty surprises. This helps to avoid those Companies House and HMRC late submission penalties.

HMRC-Recognised and Compliant: The software is fully compliant with Making Tax Digital (MTD) for VAT and is designed for the UK tax system, providing peace of mind. The VAT timeline helps to review the current VA payment status.

Mobile-Friendly: Manage your accounts on the go with the powerful mobile app, perfect for tracking expenses with a quick photo of a receipt. You can use the mobile app for your bookkeeping too.

Seamless Bank Feeds: Automatically import transactions from your business bank account, saving you countless hours of manual data entry. Hundreds of bank accounts can be used, even those supporting foreign currencies

WHY ACCOUNTANTS OF KENT LIMITED IS THE BEST CHOICE FOR FREEAGENT USERS?

While FreeAgent makes bookkeeping easier, a specialist FreeAgent accountant turns it into a strategic advantage. Here's why Accountants of Kent Limited is the best partner for your limited company:

Deep FreeAgent Expertise: We are fully FreeAgent-accredited, with a comprehensive understanding of every feature. This allows us to set up your account for maximum efficiency, troubleshoot issues quickly, and provide tailored advice that other accountants simply can't.

Fixed-Fee Packages: Our pricing is transparent and designed to provide exceptional value. With FreeAgent you get an award-winning software and expert support for one simple, fixed monthly fee.

TRANSFER YOUR FREEAGENT ACCOUNT TO US

Start the conversation. The first and most crucial step is to contact us at Accountants of Kent and let us know you'd like to switch. You can typically do this through our website's contact form, email, or by phone.

Discuss the process. We’ll be able to explain our specific onboarding process for FreeAgent clients. As a FreeAgent partner, we are well-versed in this procedure and will guide you through every step.

2. Inform Your Current Accountant

Formal notification. Once you have confirmed with us that you'd like to proceed, you need to formally notify your current accountant. An email is usually sufficient.

Request professional clearance. In this communication, you should state that your new accountant, us at Accountants of Kent, will be in contact to request professional clearance and all necessary files and information. This is a standard professional courtesy and requirement.

3. The FreeAgent Transfer The most common way this transfer is handled is through the FreeAgent Practice Dashboard, a tool used by accountants to manage their clients' accounts.

Your old accountant removes your account. You will ask your current accountant to remove your FreeAgent account from their Practice Dashboard. This will place your account into a grace period (usually two weeks), giving you time to link it to the new dashboard.

The new accountant initiates the transfer. Accountants of Kent will then initiate the process of adding your existing FreeAgent account to our dashboard.

You confirm the transfer. You will receive an email from FreeAgent asking you to confirm the transfer. This is a security step to ensure you authorise the move. Once you confirm, Accountants of Kent will have full access to your account.

4. Data and HMRC Handover

Accountants of Kent handles the rest. Your new accountant will take over the formal process of dealing with your previous accountant. They will request all historical documents, such as previous year's accounts, tax returns, and any other relevant financial records.

HMRC authorisation. We will also guide you through the process of authorising us to view your HMRC data for all relevant tax types (e.g., Corporation Tax, VAT, Self Assessment).

Key Advantages of Switching to a FreeAgent Partner Choosing an accountant who is a FreeAgent partner offers significant benefits for a smooth transition:

We understand the software. We're experts in FreeAgent, so there will be no learning curve or issues with data.

Streamlined process. Since we are familiar with the FreeAgent-specific handover procedure, we will know exactly what to do and will handle the bulk of the administrative work for you.

Professional clearance is standard. We will handle the professional clearance requests to ensure a clean and professional break with your previous accountant.

In short, the process is designed to be as hands-off for you as possible. Your primary responsibility is to inform your current accountant of your decision and then confirm the transfer within FreeAgent when prompted. Accountants of Kent will manage the rest.

DO I NEED AN ACCOUNTANT IF I HAVE FREEAGENT?

Distinct Legal Entity: A limited company is a separate legal entity from its owners. This brings additional legal and financial obligations that don't apply to sole traders, this navigating this area and tax implications is crucial to avoid penalties.

Companies House Filings: Limited companies have strict filing requirements with Companies House, including:

Annual Accounts: These must be prepared in a specific format (e.g., FRS 102 Section 1A or FRS 105 for small companies) and submitted annually. FreeAgent can help generate reports, but ensuring they meet all statutory requirements and are accurate for filing can be complex.

Confirmation Statements: These provide Companies House with up-to-date information about the company.

2. Tax Optimisation and Strategic Advice:

Beyond Basic Calculations: FreeAgent is designed to calculate taxes based on the data entered. However, it doesn't offer proactive tax planning. An accountant can advise on:

Director's Salary vs. Dividends: The most tax-efficient way to extract money from the company, considering personal tax thresholds, National Insurance, and Corporation Tax.

Allowable Expenses: Ensuring all legitimate business expenses are claimed to reduce taxable profit. This includes identifying less obvious deductible expenses.

Capital Allowances: Maximising claims for capital expenditure.

Loss Relief: How to utilize company losses to reduce current or future tax liabilities.

VAT Schemes: Advising on the most appropriate VAT scheme (e.g., Flat Rate Scheme) for the business.

Future Planning: Accountants provide valuable insights into the company's financial health, helping owners make informed decisions about growth, investment, and future tax liabilities.

Complex Scenarios: If the company deals with international transactions, has multiple income streams, or experiences significant changes (e.g., selling assets, taking on debt), an accountant's expertise is invaluable.

3. Error Checking and Peace of Mind:

Avoiding Penalties: Incorrect or late filings with Companies House or HMRC can result in significant fines and reputational damage. An accountant ensures deadlines are met and submissions are accurate, providing peace of mind.

HMRC Enquiries: If HMRC raises queries or opens an investigation, an accountant can act as an intermediary, handling communication and providing the necessary documentation, saving the company owner considerable stress and time.

4. Time Savings and Focus:

Free Up Your Time: Even with FreeAgent, managing a limited company's accounts can be time-consuming. Offloading the more complex aspects to an accountant allows the business owner to focus on core business activities, growth, and client work.

Understanding Reports: While FreeAgent generates reports, an accountant can interpret these reports, explain what they mean for the business, and help identify trends or areas for improvement.

FREEAGENT ACCOUNTANT REVIEWS - BEST ACCOUNTANT FOR LONDON AND THE UK

Knowledge and Expertise: Clients trust our expertise in handling various accounting and tax matters, including tax returns, VAT, payroll, and general business advice.

Fixed and Competitive Pricing: We offer "one-off deals" and "best rates" with fixed monthly fees, which is a major draw for small businesses and contractors seeking cost-effective solutions.

Helpfulness and Patience: Our clients mentioned our patience in guiding clients, especially those who are new to accounting or running a business. We are described as simplifying complex topics and making clients feel "assured and confident."

Proactive Approach: Reviews indicate that we go beyond basic compliance and offers proactive advice on tax efficiency and business growth.

In summary, our reviews for Accountants of Kent reflect that they are a well-regarded firm, particularly for small businesses and contractors, who value a combination of modern, tech-savvy service, competitive pricing, and a personal, responsive approach.

WHY ACCOUNTANTS OF KENT ARE THE UK’S BEST FOR FREEAGENT USERS

FREEAGENT ACCOUNTANT REVIEWS - BEST ACCOUNTANT FOR LONDON AND THE UK

Distinct Legal Entity: A limited company is a separate legal entity from its owners. This brings additional legal and financial obligations that don't apply to sole traders.

Companies House Filings: Limited companies have strict filing requirements with Companies House, including:

Annual Accounts: These must be prepared in a specific format (e.g., FRS 102 Section 1A or FRS 105 for small companies) and submitted annually. FreeAgent can help generate reports, but ensuring they meet all statutory requirements and are accurate for filing can be complex.

Confirmation Statements: These provide Companies House with up-to-date information about the company.

Dividend Declarations: Properly declaring dividends, ensuring there are sufficient distributable profits, and preparing the necessary paperwork (e.g., dividend vouchers) are crucial. Incorrect dividend declarations can lead to serious tax penalties.

2. Tax Optimisation and Strategic Advice:

Beyond Basic Calculations: FreeAgent is designed to calculate taxes based on the data entered. However, it doesn't offer proactive tax planning. An accountant can advise on:

Director's Salary vs. Dividends: The most tax-efficient way to extract money from the company, considering personal tax thresholds, National Insurance, and Corporation Tax.

Allowable Expenses: Ensuring all legitimate business expenses are claimed to reduce taxable profit. This includes identifying less obvious deductible expenses.

Capital Allowances: Maximising claims for capital expenditure.

Loss Relief: How to utilize company losses to reduce current or future tax liabilities.

VAT Schemes: Advising on the most appropriate VAT scheme (e.g., Flat Rate Scheme) for the business.

Future Planning: Accountants provide valuable insights into the company's financial health, helping owners make informed decisions about growth, investment, and future tax liabilities.

Complex Scenarios: If the company deals with international transactions, has multiple income streams, or experiences significant changes (e.g., selling assets, taking on debt), an accountant's expertise is invaluable.

3. Error Checking and Peace of Mind:

From £47.50 per month - Ongoing Monthly Accounting Package Service for Limited Companies. Includes:

- Annual Company Accounts
- Corporation Tax Return
- Confirmation Statement
- Directors Self-Assessment
- Accounting and Tax Guidance

- Dedicated Accountant
- Bookkeeping Reviews
- Tax Efficiency Reviews
- Tax Allowance Claimed
- Dividend Guidance
- Deadline Reminders
- Reference for Mortgage and Lettings
- Lower Accountancy Expense
- Fixed Fees

- Prompt Service

Can add Payroll and VAT returns

OR

One-Off prices for Annual Year End Company Accounts & Tax Return:

£199 for turnover up to £1,000
£249 for turnover up to £10,000
£299 for turnover up to £90,000
£399 for turnover up to £150,000

All prices subject to VAT.

3. The FreeAgent Transfer
The most common way this transfer is handled is through the FreeAgent Practice Dashboard, a tool used by accountants to manage their clients' accounts.

Key Advantages of Switching to a FreeAgent Partner
Choosing an accountant who is a FreeAgent partner offers significant benefits for a smooth transition: