Contractor Accountancy

Contractor Accountancy

Financial admin certainly isn’t the most appealing aspect of self-employment. Although you might be dreaming of finally becoming your own boss, this improved freedom also comes alongside a greater sense of responsibility. From submitting relevant paperwork to keeping on top of tight deadlines, self-employed workers are now expected to manage their own finances and expenses. Gulp.

For those who are new to the world of self-employment, this increased responsibility can seem particularly overwhelming. The current maze of financial rules and regulations often proves impossible to navigate, ultimately distracting workers from running their business and potentially leading to damaging mistakes.

Fortunately, it doesn’t have to be this way. Brookson One boast a dedicated team of expert contractor accountants, delivering valuable financial support to freelancers, contractors and every other type of self-employed professional. By dealing with all that frustrating paperwork and ensuring you’re compliant with existing tax regulations, we seek to take the hassle out of self-employment.

Contact us on 0800 230 0213 to speak to an expert.

 

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  Brookson Contractor Accountancy Service: Key Features



Whether you’re operating as a limited company or sole trader, Brookson will provide you with your own qualified, dedicated accountant. Ensuring that you no longer have to worry about missing tax deadlines, our specialised contractor accountants will help to increase the profitability of your business and maximise your take-home pay.

Signing up with Brookson means that you can benefit from our extensive industry knowledge, allowing you to sit back and relax while we efficiently take care of your finances. Our contractor accountancy services include:

  • 24 hour set up
  • Fully-automated bookkeeping
  • Dealing with HMRC correspondence
  • Daily tax updates
  • Support 6 days a week
  • Legal helpline
  • Online tax planner
  • Unlimited IR35 reviews
  • Support with getting started
  • And much more!
 

FAQ's



  What is a Contractor Accountant?



A contractor accountant specialises in offering financial support to self-employed workers. While regular accountants will provide a broad knowledge on all tax disciplines, contractor accountants offer a higher level of expertise on the tax issues regularly facing freelancers and contractors.

When you’re working for yourself, nothing is more important than the management of your finances, and hiring a contractor accountant ensures you’re receiving the best support and advice possible. After all, tax has always been an incredibly complicated field, so you’ll want to deal with an accountant who’s experienced in dealing with the aspects related directly to you.

The contractor accountants at Brookson offer unrivalled knowledge on IR35, claiming expenses, filing tax returns and even setting up your new business.

 

  Why Brookson?



When it comes to managing your own income, only the very best will do. Brookson have been providing contractor accountancy services for over 20 years now, helping more than 90,000 self-employed professionals to set up their businesses and manage their finances.

Our friendly, experienced team of contractor accountants are renowned for their excellent service and even better results. We proactively provide invaluable insights, guidance and advice, helping you to maximise your profits and make your business as successful as possible; making sure you’re always complying with tax regulations and helping you to sleep a little easier.

With Brookson, you’re always in safe hands. We’re here to offer support 6 days a week and do all of the hard work for you, ensuring you always have everything you need to succeed.


 

 

  Do You Need an Accountant as a Contractor?



Everyone is different. Some contractors will find very little difficulty in handling their finances and remain happy to take care of everything themselves. That’s absolutely fine. Others, however, rely on an accountant to take care of all the confusing stuff and keep their business profitable, since they simply don’t have the time or inclination to learn the intricacies of UK tax law.

Make no mistake, tax is complicated. Depending on how you’ve set up your new business, you’ll have a number of important financial responsibilities to take care of as a contractor, while also having to worry about sourcing new clients and handling your workload. When you’ve got no experience in managing your finances, the weight of these responsibilities can quickly become unmanageable.

The purpose of a contractor accountant is to help lighten the load and make you as much money as possible. At Brookson, we take care of everything. From completing Self-Assessment forms to improving tax efficiency and offering proactive advice, we deliver incredible peace of mind and prevent you from constantly worrying about your tax affairs.

So, although you’re under no legal obligation to do so, hiring an accountant can save you time, money and keep you focused on doing what you do best.

  How Much Does a Contractor Accountant Cost?



The average fee for a dedicated contractor accountant can range from anywhere between £50-£150 a month. The costs will obviously fluctuate between the accountant in question and the kind of package you’ve chosen; as with most things in life, when it comes to hiring an accountant, you’ll typically get exactly what you pay for.

Brookson provide competitive prices on all our contractor accountancy services, allowing you to take advantage of expert support without breaking the bank. To learn more about our pricing structure, contact a member of our team today!

How to get Started?

Getting set up under an umbrella company is remarkably simple. In fact, it’s probably the simplest form of self-employment available to you.

To get started with Brookson, all you have to do is fill out a contract, and we’ll take care of the rest for you. Alternatively you can call us now on 0800 230 0213 or fill out our contact form to speak to our experienced team and claim your FREE consultation!

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