Fine-tuning freelancer finances
As a freelancer or contractor, you’re right to be proud of your ‘solo artist’ status – but even a one-man-band needs a support act.
That’s where our contractor accountancy package comes in, fine-tuning your finances at a price that’s music to your ears.
We’ll take care of all your accounting obligations, including submission of your end of year returns. For you, that means a weight off your mind, more time to focus on your real work, and best of all, a lower tax bill at the end of the year.
And because it’s a fixed fee package, you’ll know your annual accountancy expenditure right from the very off.
Pay less tax, keep more VAT…
Freelancers and individuals often trade as limited companies, in order to impress potential customers, take advantage of dividend payments and reduce tax liability. But incorporation as a limited company brings more responsibility too.
Rather than just completing a self-assessment at the end of the year, you’ll need to produce full accounts for HMRC, plus annual returns and VAT returns. Except you won’t – because we’ll take care of it all for you.
And if you’re registered for VAT, we might be able to save you a few extra pennies too. Switching to flat- rate VAT can see you receive the full 20% from your client, but only pay back a proportion of it to the taxman.
You don’t need to be a maths genius to see the benefit in that…
We know you’re busy. We know you don’t get paid for your tea breaks. And we know that you’d rather be out there fee earning than reading our financial waffle.
But in a round-about way, that’s exactly why you should get in touch. Let us take care of the boring business stuff, and you can concentrate on doing what you love.