Frequently Asked Questions
Tax, Pricing & Switching Answers for London Businesses
Find answers to the most common questions about switching accountants, pricing, VAT, Making Tax Digital, and working with GoForma.
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020 3389 7010How do I switch from my current accountant to GoForma?
We handle the full transition. We contact your previous accountant via a professional clearance letter, transfer all records, and set up your FreeAgent account. Most clients are onboarded within two weeks with zero disruption to ongoing filings. Get in touch to start the process.
Do I need to be based in London to use GoForma?
No. We serve businesses across the entire UK. Our office is in London but all services are delivered remotely via phone, email, and video calls. Our clients include businesses in Manchester, Birmingham, Edinburgh, and beyond.
What accounting software does GoForma use?
We are an official FreeAgent partner and include FreeAgent software free with all packages. We can also work with Xero and QuickBooks if you already use them and prefer to continue.
How quickly will GoForma respond to my enquiry?
We respond to all enquiries within 2 working hours on business days. Urgent tax queries from existing clients receive same-day responses. Contact us by phone, email, or the booking calendar.
Can GoForma help me register as a sole trader or form a limited company?
Yes. We handle HMRC registration for sole traders and full Companies House incorporation for limited companies, including articles of association and confirmation statements. See our services page for details.
What is Making Tax Digital and does it affect me?
Making Tax Digital (MTD) is an HMRC initiative requiring digital record-keeping and submissions. From April 2026, MTD extends to self assessment for incomes over £50,000. GoForma ensures all filings are MTD-compliant using FreeAgent.
Does GoForma offer IR35 assessments for contractors?
Yes. We assess each contract against HMRC's IR35 criteria, provide written status determinations, and advise on contract wording. See our contractor accountants page for details and specialist pricing.
What happens at year end? Do I need to do anything?
Very little. We prepare your annual accounts, corporation tax return, and self assessment from the records we maintain throughout the year. We send everything for your review before filing with HMRC and Companies House.
Can I claim home office expenses through my limited company?
Yes. You can claim a proportion of household costs including broadband, heating, electricity, and council tax. HMRC allows a flat rate of £6 per week or actual costs based on room usage. We help you choose the most beneficial method. Read our blog guide for more detail.
Does GoForma handle landlord and property tax?
Yes. We specialise in property tax including Section 24 mortgage interest restrictions, capital gains calculations, and rental income reporting. Many of our 63 five-star reviews are from landlords. Meet the team to learn about our property tax expertise.
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