Accountants for contractors and freelancers
More and more professionals are choosing to operate through a limited company. This provides a greater degree of independence and flexibility than traditional salaried employment. It allows use of legitimate tax reduction techniques to retain more of the earnings.
If you are considering this, a bit of professional advice will not go amiss. The basic process of setting up and running a limited company may appear simple but there are pitfalls. These can be costly; you can end up with unnecessary penalties and miss opportunities for saving tax.
As a busy professional, you do not want to be tied up in the administration of your company or learning about all the relevant rules and regulations. We have helped numerous professionals start their contracting career. In some cases we have identified £1000’s in savings for a contractor.
For a single annual fee, not a monthly charge, we provide
Online bookkeeping system to track expenses and generate invoices
Quarterly VAT returns
Annual accounts and corporation tax returns
Secure online filing of all returns to HMRC
Monthly payroll for owner including all returns
Our standard package includes, at no extra cost, the company formation and registration with HMRC for all taxes
Additional optional services include
Personal tax returns; directors normally need to file personal returns
Reference letters for mortgages and rental agreements
HMRC dispute management
All our staff are properly qualified. As a smaller practice, we provide a more personal touch that can be missing from many bigger firms. Most of our clients remain with us for many years; we have excellent client retention that suggests a high level of client satisfaction.
Contact us now for a free, no obligation discussion to kick start your consulting career.
We offer a free initial consultation to determine your needs and opportunities to optimise tax allowances.