The following details the items included in our Contractor Accounting Services monthly package:
- Annual statutory accounts
- Corporation tax calculation and return
- FreeAgent online accountancy software (worth £29/month)
- Annual compliance statement (including Companies House filing fee)
- Submission of accounts to Companies House
- VAT Returns
- Monthly director’s payroll
- Personal self assessment tax return
- Email and telephone support
- IR35 compliance checks
- Option to use our offices as registered office
- Dividend documentation support
- Management of all HMRC correspondence
- Maintenance of register of people with significant control
- Tax Investigation Service
FreeAgent accounting software included in the above package has all the features you need to keep your finances on the right track:
- Estimates and invoices – create professionally designed invoices to your clients
- Expenses – simply photo receipts using the smartphone app and upload them to FreeAgent
- Time Tracking – built in stopwatches and smart timesheets
- VAT – generate a VAT return and see your future liabilities at a glance. MTD (“Making Tax Digital”) compliant
- Corporation Tax – see a running forecast of your corporation tax liabilities to avoid nasty surprises
- Banking – connect FreeAgent to your bank to automatically import transactions
- Projects – manage your projects with to-do lists and time tracking
There is plenty of online guidance on getting you started on FreeAgent, including webinars and how to guides, along with UK based telephone support. And of course we are also here to provide support and guidance.
If you are just starting out we will handle any VAT or PAYE registrations for you. You will also need a company bank account and we have teamed up with Cashplus to offer a quick and easy set up and the first year free of the annual fee.
The award-winning Business Current Account from Cashplus has been specifically tailored to the needs of Small Businesses, Freelancers & Start-ups.
With UK based customer service, as well as 24/7 mobile and online account access, the account is the ideal low hassle way to manage your business finances.
As no credit check is required to apply, the account can be applied for instantly online, with the Account Number and Sort Code being available at the end of the application process for successfully verified customers.
The application only takes minutes, with approved applicants enjoying the following benefits:
- Manage the account on any device anywhere 24/7
- Integrated with major Accountancy Packages
- UK customer service
- Single annual fee of just £69* – First Year waivered for PARTNER clients
- No charges for inbound transfers or setting up Direct Debits
- Free UK card purchases
To receive the above discount on first year annual fees and to be tracked as a PARTNER customer, please use the above link when applying for the account.
We have also teamed up with Larsen Howie to provide contractors with insurance policies tailored to the exact needs of the modern contractor.
You can learn more about Larsen Howie’s insurance policies for contractors here.
In addition to Contract Accounting Services we also offer bookkeeping services if you would prefer to be admin free. Our monthly charges for these services are as follows:
|Up to £40,000||+£30|
|£40,001 to £75,000||+£45|
|£75,001 to £150,000||+£60|
|£150,001 to £250,000||+£75|
All prices are subject to VAT.