Accountant in Hampstead and West Hampstead

Hampstead's businesses tend to be small and personal. Along Hampstead High Street, Heath Street and the lanes around Flask Walk there are independent shops, cafés, galleries and boutiques, and above and behind them are therapists, clinics, tutors and consultants. Many more people work from home in the streets running down towards the Heath, Belsize Park and South End Green, which means plenty of one-person businesses with one tax return each year.

We are a small accountancy practice based a short way south in Camden, London. If you are looking for an accountant in Hampstead, we prepare and file your Self Assessment tax return, keep your books each month, and, if you trade as a limited company, prepare your year-end accounts and Corporation Tax return, with the statutory work completed by the Chartered Accountant on our team. Most of the work is done online, so being in Camden rather than on the High Street makes no difference to how it runs.

Accountant for West Hampstead and Finchley Road

If you need a West Hampstead accountant, the work looks a little different. West Hampstead has a different mix. Around West End Lane and down towards Finchley Road there are restaurants, cafés, gyms and studios, and a large number of flats, many of them let. For a restaurant or studio, the work is the flow of small transactions: card takings, supplier invoices, rent and staff costs, recorded and reconciled each month so you can see your profit, not just your bank balance. If you have staff, we can run payroll as well, with submissions to HMRC on or before each payday.

Consultants, therapists and creatives working from home

A lot of Hampstead income comes from people working for themselves: therapists with a practice room, consultants, writers, designers and tutors. The return itself is usually straightforward. The work is in the records behind it.

• Fees from every client matched to your bank
• Professional costs, training and subscriptions recorded as you go
• A sensible share of household costs if you work from home
• Your return prepared and sent to you to approve before it is filed

Landlords with flats in Hampstead and Belsize Park

Many people in the area let a flat, sometimes the one they used to live in. Rental income goes on your Self Assessment tax return, with allowable expenses taken off first. If your rents are modest, the £1,000 property allowance may apply instead of claiming expenses. Our page for landlords explains what can be claimed and how Making Tax Digital for Income Tax affects landlords.

From 6 April 2026, sole traders and landlords with qualifying income over £50,000 must keep digital records and send quarterly updates to HMRC through compatible software, followed by a final declaration. The threshold falls to £30,000 from April 2027 and £20,000 from April 2028.

Limited companies

If your consultancy, practice or shop trades as a limited company, it has its own deadlines: accounts at Companies House 9 months after the year end, Corporation Tax 9 months and 1 day after it, and the company tax return within 12 months. Corporation Tax is 19% on profits up to £50,000 and 25% over £250,000, with marginal relief in between. We keep the dates and prepare the year-end accounts and Corporation Tax return for you.

Who it suits

Who it's forIndependent shops, cafés, clinics, therapists, consultants, creatives and landlords in Hampstead, West Hampstead, Belsize Park and South End Green, from a first tax return to a limited company's year-end accounts.

Questions from Hampstead