Processional Contractor Accountant
Specialist accountant for IT and professional contractors. IR35 guidance, limited company optimisation, MTD compliance and fixed monthly pricing.
For as low as only £19.99 per month
Accountant for IT & Professional Contractors in the UK
If you’re an IT contractor, interim finance professional, engineer or project consultant, your income structure matters.
IR35. Salary vs dividends. Pension strategy. VAT. MTD compliance.
We work with:
IT contractors
Interim finance professionals
Project managers
Engineers
Digital & transformation consultants
Independent professionals operating via limited companies
IR35 & Contractor Tax Strategy
IR35 remains one of the most misunderstood areas of contractor tax.
We help you:
Understand inside vs outside IR35
Structure income efficiently
Manage deemed employment income (if applicable)
Optimise salary and dividend mix
Plan for tax liabilities in advance
We do not provide generic advice. We assess your structure properly.
How do we help
Everything You Need — Nothing You Don’t
A Personal, Friendly Touch
You’ll have access to a team of accountants who will get to know you and your business. That enables us to provide an accounting solution tailored to your goals and needs, whether you want to grow your business, become more tax-efficient, or just simplify your accounting processes.
Full MTD Setup
We will:
1. Register you correctly
2. Set up compliant software
3. Migrate your existing records
4. Connect to HMRC systems
No spreadsheets required.
Limited Company Accounting
We manage:
1. Company formation (if required)
2. Corporation tax
3. Dividend planning
4. VAT registration & returns
5. Payroll (including director salary)
6. Confirmation statements & Companies House compliance
Invoicing & accounts
Accurate records are the foundation of lower tax and fewer HMRC issues.
We provide:
1. Cloud accounting setup
2. Monthly or quarterly bookkeeping
3. Expense tracking automation
4. Clear deadline reminders
5. Predictable monthly pricing
Tax Efficiency & Income Planning
We advise on:
1. Pension contributions
2. Timing of dividends
3. Capital expenditure planning
4. Allowable business expenses
5. Cash flow forecasting
Professional contractors often overpay tax due to poor structuring. We prevent that.
Helpful contractor resources
Looking for contractor advice and guidance before paying for our service? We’ve got you covered.
How to pay yourself as a Sole Trader and how much to put aside for tax
As a sole trader, you’re not directly employed and you don’t receive a salary or wage in the traditional sense. So how do you pay yourself as a sole trader and then pay any tax due?
Understanding the legal requirements of being a sole trader
Setting up as a Sole Trader is a popular way to start a business, especially for those entering the business world for the first time. However, as with everything in business, becoming a sole trader comes with several risks you should be aware of.
What business expenses can I claim as a self employed Sole Trader?
As you juggle all the new responsibilities, you’ll also deal with lots of new costs. The good news is that many of these costs can be claimed as business expenses, meaning you’ll pay less tax and get to keep more of your hard-earned money.
Common Mistakes Sole Traders Make
We regularly see missing allowable expenses (mileage, home office, use of phone), forgetting about payments on account, mixing personal and business finances. Avoiding these mistakes can save thousands over time.
Sole Trader vs Limited Company – When Should You Switch?
A common question. There is no single income level where incorporation is automatically better. We provide clear modelling so you can see the difference in tax outcomes before making the decision.
Questions
Frequently Asked Questions
Do professional contractors like IT or Finance need an accountant?
Not legally. But given IR35 complexity, MTD, dividend planning and corporation tax obligations, specialist advice is strongly recommended.
Do contractors need to comply with MTD?
Sole traders may be in scope. Limited companies are already under digital corporation tax reporting rules.
Your fee includes either Self Assessment or MTD depending on your circumstance. Don’t worry if you’re not too sure which you should use – we’re here to help! Learn more about MTD Income Tax.
If you use MTD Income Tax you can either send quarterly updates (and your accountant will make any adjustments when they finalise everything with your tax return), or you can add quarterly submissions to your service for £25 per month.
What happens if I miss a quarterly submission?
HMRC is introducing a new penalty regime based on points. Repeated failures can trigger financial penalties.
Can I switch from umbrella to limited company?
Yes, subject to IR35 status and contractual structure. We advise before you switch.
What expenses can contractors claim?
Equipment, software, professional subscriptions, travel (where allowable), and business-related costs — subject to IR35 position.
How do I know if I am inside or outside IR35?
Status depends on contract terms and working practices. A proper review is essential.
Got more questions or simply want to talk?
Call us, WhatsApp us or use the instant quote
You are in safe hands
When you trust us with your accounts, you can have complete confidence that we know what we’re doing. Our accountants have a wide range of qualifications and accreditations from trusted professional bodies such as the AAT and ICAEW.
