Accountants for Contractorss
Contractor Accountants
At RAW accounting, our team of specialist contractor accountants for contractors and freelancers possess years of experience in all aspects of freelance and contractor accounting matters. We know that running your own business and handling your own accounts can get complicated, so we give you simple, jargon free advice, and accountancy expertise on tap when you need it.
Whether you’re a sole trader trying to maximise your tax efficiency, a contractor moving to the next stage and incorporating your own limited company, or you just need specialist financial advice, we’re the contractor accountancy firm for you.
As certified chartered accountants, we know that every circumstance is different, so we provide flexible accounting services: from a full end to end accounting service, to a bespoke and specific solution. Our specialised accountancy services include online bookkeeping access 24 hours a day, 7 days a week, quarterly VAT returns preparation and submission, self-assessment tax return preparation and submission, HMRC records check assistance, dividend documentation and most importantly: unlimited support provided by your own dedicated accountant.
Read more about each of our contractor accountants services below.
Book your free consultation call with our chartered online accountants today.
Whether you’ve made the switch to online accounting, or are just starting out on your journey, we’re here to help. Done right, online and cloud accounting has the potential to revolutionise your financial affairs.
We realise that when it comes to online accounting software solutions like Xero, QuickBooks, Freeagent, and others, you may get overwhelmed with options. However, the fact is that for contractors and freelancers, there is no one-size-fits-all solution. Your program may require additional bolt-ons that another freelancer’s firm may not. That’s why our approach to online accounting software differs. Unlike some firms who only support one Cloud provider, we’re software agnostic. With no hidden agenda, our tax efficiency expert accountants can suggest just the right solution for you and your business.
As a contractor there are several business structure options available to you. You may choose to stay as independent contractor, freelancer or sole trader, or you may wish to form a Limited Company. A Limited Company structure should be taken into consideration especially if you are earning over £50,000 annually.
At Raw, our specialist accountants for contractors can help with getting your own limited company registered at Companies House, sorting a registered office address, and giving all matters of guidance related to corporation tax, tax planning and tax liabilities.
One of the first priorities when you begin as a contractor is setting up a business bank account. Having access to a business bank account allows you to receive payment, schedule invoices, and keep an accurate record of your finances for tax, accounting and bookkeeping purposes.
Using our in-house tax efficiency methods, we can help to save you money by handling your tax efficiently. Whether it’s personal tax, corporation tax, or small business tax planning, we’ll present you with an annual report of just how much money we’ve saved you in tax payments.
When you join Raw, you’ll have access to your very own dedicated accountant from our team of top contractor accountants based in Reading. You’ll have a direct line to your accountant, support and guidance when you need it whether you stay as a contractor, or start your own limited company.
What our customers say about us
Why RAW Accounting?
We might not be the UK’s largest contractor accountants, but there are plenty of reasons to choose us as your contractor accountant.
Easy, switchable service
Personal service and a dedicated contractor advice line
Fixed fee accountancy packages
Get in Touch for your Free Consultation Today.
Accountants for Contractors FAQs
Do I need an accountant as a contractor?
If you are unaware of the expenses contractors may deduct, you risk losing money or making erroneous claims. A specialist accountancy firm with experience in this sector are skilled in addressing all of these situations and are always aware of legislation changes that may have an impact on your company.
What does a contractor accountant do?
A good contractor accountant will know how to manage a contractor's business and how to legally and tax-effectively organise the capital of a limited company. They can provide proactive tax planning and advice that is specifically targeted to your circumstances and business.