Do You Need a Contractor Accountant for Your Company?

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Self-employment and contract work have played a significant role in the UK economy's recovery, with self-employment increasing by around 730,000 between 2008 and 2015, going from 3.8 million to 4.6 million.

With millions of people operating in this capacity around the capital, it is critical that you engage a specialist contractor accountant in London.

Keep up to date

Contractors frequently pay less tax and keep a larger amount of their earnings, but it is critical to understand your specific status, particularly whether you are a 'disguised employee'.

The actual working arrangements you have with the organisation will define your position. These will then assess whether you are subject to IR35 (Intermediaries Legislation), which could result in you paying greater taxes and N.I. contributions.

We have the experience and knowledge to assist you with this and keep you out of IR35.

We not only have the most up-to-date expertise and can advise you on the finest tax benefits, but we will also work hard to save you the most money while remaining fully compliant with HMRC.

Be effective.

If you are an existing contractor or freelancer, a Limited company is a better option than an Umbrella company. It is the most tax-efficient method of retaining more of your hard-earned money. True Dynamic believes that a limited corporation has the following benefits:

Total command of your financial affairs

Access to the VAT Flat Rate Scheme

Making a claim for expenses

Tax effective

You are in charge of your own destiny.

Make yourself heard

Every client, whether a lone proprietor or the CEO of a huge corporation, receives their own specialised account manager.

Our offices are open six days a week, and we are always available to listen to your problems, answer your questions, and provide advice if you require it. You will always be able to speak with someone who is knowledgeable and experienced.

Please read some of our testimonials to discover if other clients are satisfied with our CIS RETURNS in Fleet services.

Make your own decisions.

The appeal of being a contractor is the ability to work where and when you choose for companies that fit you. You'll get to work on a variety of projects, and your salary will often be better than that of permanent employees in the same role.

Of course, the fact that you are essentially running your own firm implies that you will have to deal with administrative duties. However, if you engage an accountant from True Dynamic, we can assist with all administrative tasks, saving you a significant amount of time and effort.

If you are considering becoming a contractor or need a specialist contractor accountant in London who understands your specific requirements, please contact us at 020 7702 4100 or info@truedynamic.com.

Among the services we offer are:

Financial statements (accounts)

Starting a business

Business strategy

Formation of a company

Corporation taxation

Finance for corporations

Consultancy in international business

Management advising

Personal income tax return

Payroll processing

Payroll services on an international scale

Establish an international firm branch in the United Kingdom.

R&D tax

Tax preparation

VAT and tax investigations

CIS tax returns

VAT

IR35 and S660A Advice

 

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