We are an ACCA registered boutique accountancy practice specialising in dealing with freelance contractors. We have guided many contractors through the process of setting up their own limited company and acting as their agents in all HMRC matters so that they are always supported.
We currently have two levels of fixed fee service to help contractors decide the level of support they require but we are always happy to discuss tailoring our service and fees to suit the specific requirements of our clients as we appreciate that every contractor is unique. Our two illustrative services are set out below:
Vital Service - £85 per month (plus VAT) Key service features:
Monthly/quarterly services –
- Expense advice and verification
- Calculation of monthly/quarterly PAYE/NIC liabilities and preparation/submission of returns
- Advise each month as to the available funds to withdraw from the company
- Monthly bank reconciliation(s) to the company bank account(s)
- Calculation of monthly/quarterly VAT liabilities and preparation/submission of VAT returns
Year end services –
- Prepare year-end accounts for signature by director
- Complete corporation tax return for signature by director
- Prepare year-end employment returns (e.g. P35)
- Advice on completion of the annual return
- Assistance and advice on completion of self assessment return for director
General –
- VAT advice relating to your company
- Advice on directors duties and responsibilities
- Advice on corporation tax and other tax matters
- Accounting advice
Liberty Service - £115 per month (plus VAT) The Liberty service includes everything under the Vital service detailed above plus the following additional benefits:
Monthly/quarterly services -
- Agency/client invoicing upon instruction (weekly or monthly)
- VAT and PAYE returns completed online
- Cashbook maintenance
Fully comprehensive insurance (usual premium would be approximately £400-£800+ p.a.) for your company is included free of charge with the following claim limits -
- Employers Liability - £10,000,000
- Public Liability - £2,000,000
- Professional Indemnity - £1,000,000 any one claim and £5,000,000 in the aggregate.