Online Accounting for Contractors
Our accounting services for contractors is a completely online service, allowing you easy access to your accountant without the need to attend a physical meeting. It allows you to focus on carrying out your contracting whilst our experts ensure you are fully compliant with tax returns and account submissions.
When acting as a contractor, it is essential to ensure all of your accounts comply with government rules and regulations. Our accountants will professionally prepare and submit your account and tax submissions on your behalf, alleviating the stress or complicated, time-consuming documentation.
As a Xero Silver Champion Partner, we have access to the world’s leading accounting software. This allows us to provide exceptional support whilst allowing you access to your account on any device at any time.
Get in touch today to arrange a free virtual meeting to see just how easy using our contractor accountant service really is.
What Do Accountants For Contractors Provide?
We understand no two situations are alike, therefore, our accountancy services are bespoke to each client. Whether you require a one off end-of-year tax submission or one going accounts management, we can do it all.
Our accounting services for contractors include:
- Dedicated accountancy team focused on you and your needs
- Preparation and submission of end-of-year tax returns to HMRC
- Ongoing bookkeeping of your accounts
- Monthly, quarterly or annual reports
- HMRC correspondence and management
Simply get in touch with our team to discuss your individual needs and we can discuss the best package for you.
Why Choose Us?
At iFinance Department, we are dedicated to combining traditional accountancy via digital methods to provide you with easy access to professional advice and support when you need it.
Expert Advice & Support
Our expert team of accountants is highly trained to provide you with all the support and advice you need to ensure your accounts are in order and are fully HMRC compliant. As a fully digital service, our accountants are only an email or phone call away for anytime you have any questions or just need some accounting advice.
Access to our world leading accounting software means you can easily set up new customers, raise you new invoices and manage expenses at the click of a button.
Full Cash Flow Control
Our cash flow management service means you can easily view what’s going in and out of your account from any device. You dedicated accountants will review this regularly, highlighting and opportunities or future issues that could arise.
Simple Solution, No Stress
As a contractor, you won’t experience any nasty surprises. Our team will take care of everything from ongoing bookkeeping to tax submissions. Whatever you need, we can do it on your behalf.
Our systems are fully secured, offering you peace of mind that your accounts remain safe and secure, yet easily accessible to you at any time.
By continually reviewing and analysing your accounts, our team will identify opportunities to run your operations in the most tax efficient way to increase your profitability.
Stay Up To Date
Eliminate your chances of receiving penalties as our team will stay on top of your deadlines whilst also ensuring all of the documents submitted are fully compliant with the HMRC.
Other Accounting Services
Accounting Services For Contractors FAQs
How much does an accountant for a contractor cost?
Our accountancy packages for contractors start from as little as only £25+VAT a month.
All our services are bespoke to each client, meaning our team will get to know your accounts and formulate a package based on your individual requirements.
Simply get in touch with our team of experts who can discuss the right solution for you.
What is the best accounts package for a contractor?
At iFinance Department, we provide a wide array of accounting services, but we understand as a contractor these may not all be relevant. To determine the best package for your individual needs, arrange a free virtual meeting, we will discuss your requirements and provide a quote best on what’s right for you.
Should a contractor hire an accountant?
Working as a contractor can mean very little time to focus on the paperwork, this includes your accounts. Fees are minimal but can alleviate the stress on needing to manage your own accounts.
We were here to help, whether it’s a one off end-of-year tax submission or ongoing bookkeeping, we can provide you with a package.
What if my business isn’t local to you?
As a purely online service, we work with contractors in any location across the UK. Access to your accountant is carried out via email and phone and all required data can be submitted via accounting software.
This makes it easy and simple for you, whilst receiving professional traditional accountancy services.
Do I need to change my existing accountancy software?
We utilise accountancy software to carry out every service we provide contractors. But the good news is there is no need to change your existing software if you don’t wish to.
As experts in the field, we have profound knowledge of the various platforms available.
However, as a Xero Silver Champion Partner, we can offer our clients excellent rates to the world leading accountancy software provider. All of our packaged services come with a subscription to Xero included.