Contractors

The provision of high level knowledge skills in certain sectors of the UK economy has traditionally been delivered by individuals trading as limited company ‘contractors’.

This structure allows both worker and the client to obtain flexibility, outside of the constraints of modern day employment law, as well as both obtaining tax and national insurance savings.

 

We have developed a wealth of accounting experience in acting for such contractors, who typically require a mix of our services such as:

  • Start-up assistance
  • Specialist tax advice in relation to IR35 and “24 month” rule for travel and subsistence
  • IR35 contract reviews
  • Registering for VAT
  • Remuneration planning ( tax efficient mix of salary and dividends)
  • Annual payroll and personal tax returns
  • Cloud Accounting services

 

We can also help answer questions such as

  • Is my contract IR35 friendly?
  • When can I take dividends?
  • How do I start a limited company?

Client Review

As an engineering manager, I started my own consultancy business ten years ago, with my wife as co-director. Whiting & Partners guided us in setting up the day to day accounting systems, that even the smallest company has to have, and have since looked after the annual accounts and tax matters.



 
Latest Blogs in Contractors
 
Vanessa Pearson
14th August 2015 24 month Rule

Contractors: Beware possible end to 24 month travel & subsistence tax rules. The more observant readers of the recent Summer Budget will have noticed that tucked away from the main headlines was the announcement that HMRC have started a 3 month consultation exercise into:     Employment Intermediaries and Tax Relief for Travel and Subsistence The aim…

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