Limited Company contractors Accounts & Tax returns

Expert Contractor Accounting Services in the UK

Managing your accounts as a contractor can be complex, especially when operating as a Limited Company. At Tax Relief Experts, we specialize in providing tailored accounting and tax solutions to contractors across the UK. Our goal is to make your financial management straightforward, efficient, and compliant with HMRC regulations.

Why Choose a Limited Company for Your Contracting Business?

Setting up as a Limited Company offers several benefits for contractors, including increased tax efficiency, limited liability, and a more professional image. However, it also requires careful financial management to maximize profits while staying compliant with tax laws.
Our team at Tax Relief Experts has extensive experience guiding contractors through every step of setting up and managing a Limited Company, ensuring you make the most of your contracting income while staying on the right side of HMRC

Our Services for Limited Company Contractors

We offer a comprehensive range of accounting and tax services for UK-based contractors, tailored to meet the unique needs of Limited Companies:
1. Limited Company Formation & Registration

Assistance with setting up your Limited Company, including name registration and filing all necessary documents.
Guidance on choosing the right share structure and setting up a business bank account.
Advice on the most tax-efficient way to pay yourself, whether through salary, dividends, or a combination.

2. Annual Accounts Preparation

Preparation of annual accounts in compliance with UK accounting standards.
Submission of your company’s financial statements to Companies House and HMRC, ensuring accuracy and adherence to deadlines.
Regular updates on your company’s financial health, helping you stay on top of your finances.

3. Tax Returns & Corporation Tax

Filing your company’s Corporation Tax return to HMRC, ensuring that you claim all allowable expenses to reduce your tax liability.
Expert guidance on navigating the complexities of UK tax legislation to ensure full compliance.
Proactive tax planning to help you optimize tax savings and retain more of your income.

4. VAT Registration & Returns

Assistance with VAT registration, if applicable, and advice on the best VAT scheme for your business.
Preparation and submission of quarterly or annual VAT returns, with a focus on accuracy and compliance.
Guidance on VAT planning to ensure you are not overpaying and are taking advantage of available VAT reliefs.

5. Payroll & PAYE Services

Comprehensive payroll services, including PAYE, National Insurance calculations, and monthly reporting to HMRC.
Setting up an efficient payroll system, ensuring that you and any employees are paid correctly and on time.
Ongoing payroll management, handling all deductions, benefits, and compliance requirements.

6. IR35 Advice & Compliance

Specialist advice on IR35 legislation to determine whether it applies to your contract work.
Support with IR35 status reviews and contract assessments to minimize risk.
Guidance on how to operate compliantly, whether inside or outside IR35, to avoid penalties and ensure peace of mind.

Why Choose Tax Relief Experts for Your Contractor Accounting Needs?

Specialist Contractor Accountants: Our team understands the unique challenges faced by contractors. We offer expert advice, proactive tax planning, and dedicated support to keep your finances in order, allowing you to focus on growing your business.
Transparent, Fixed Fees: We believe in transparent pricing with no hidden costs. Our fixed-fee packages ensure you know exactly what you’re paying for, allowing you to budget effectively for your accounting needs.
Unlimited Support & Advice: We are always available to answer your questions, whether it’s about your taxes, accounting software, or company structure. Our expert team is here to provide ongoing support throughout the year.
Proactive Tax Planning: We don’t just handle your accounts; we look ahead to provide proactive tax-saving advice, helping you retain more of your income and plan for the future.

Get Started with Tax Relief Experts

Whether you’re just starting as a contractor or have been managing your Limited Company for years, Tax Relief Experts can help streamline your accounting and tax processes. We offer a free initial consultation to understand your needs and tailor our services to fit your business.
Contact us today to discover how we can support your contracting business with professional, reliable, and expert accounting services.

Limited Company contractors Accounts & Tax returns

Expert Contractor Accounting Services in the UK

Why Choose a Limited Company for Your Contracting Business?

Our Services for Limited Company Contractors

Why Choose Tax Relief Experts for Your Contractor Accounting Needs?

Get Started with Tax Relief Experts

Business Services

Year-End Accounts & Corporation Tax Returns

VAT Returns, Refunds And Compliances

Salary & Dividend Tax Planning

Company Formation And Start Up Business Advisory