Whatever field you’re in, working as a Contractor or on a freelance basis can give you the freedom to do the work you want to do, when and where you choose. In the UK, more and more people are finding that this makes becoming a freelancer or working on a contract basis an attractive alternative to their current employment situation – which is why the number of self-employed Contractors and Freelancers is growing.
With this freedom comes a lot of responsibility, not only for making your enterprise a success, but also for ensuring your business’s finances are in order. This means complying with all of the financial reporting requirements that come with running your own company – but you also want to make sure your business is as profitable as possible too.
As a Contractor or Freelancer, managing your accounts, tax returns, VAT returns, and all the other aspects of your business’s finances can take up a lot of time – time that could be better spent building your business. Plus, without specialist knowledge, how do you know that you’re taking advantage of all the opportunities available to you to maximise your profit, or how you’re likely to be affected by IR35 tax legislation?
This is where Taxup can help. We offer bespoke packages created especially for freelance contractors, consultants and advisers. Our experienced team of Chartered Accountants and Chartered Tax Advisers pride themselves on understanding your individual requirements, explaining things in straightforward English, and setting the highest professional standards. Whatever accounting support you’re looking for, we have a package that meets your needs, including:
- support when registering your company
- assistance when opening a business bank account
- business restructuring advice
- in-depth IR35 advice and support
- insurance consultation when required
- bespoke tax advice throughout the year
- calculation and advice on VAT returns and payments
- calculation and advice on PAYE payments
- assistance with mortgage applications
- assistance with winding up your company/dealing with creditors
At Taxup we look to provide a quality service that offers excellent value for money, so whether you run a small business or limited company, are an experienced contractor, or are contemplating starting work as a sole trader we can provide the right accounting package for you.
Get in touch to find out more about how our specialist accountants can help you manage your business finances more effectively. We offer packages to meet all your accounting and taxation needs – leaving you free to concentrate on your job.