Contractors and Freelancers
Allowing you to say focussed...
Contractors and freelancers are one of the essential components of the UK workforce, offering the expertise and flexibility that helps keep UK business competitive. For almost all contractors and freelancers time is a very limited resource, so the less time spent sorting out the admin the better.At Carpenter Box we understand, and our solution is based around a systemised approach where we get to understand your needs. That way, a lot less gets lost in translation and we're able to provide you with a great service at a cost that will pleasantly surprise.
Carpenter Box's range of accountancy and tax services are designed to help professionals in this key group. We tailor our advice to you, and aim to minimise your tax bill whilst providing you with the highest possible levels of service. With 6 Chartered Tax Advisors we have the expertise to protect and manage your wealth.
Fees
Contractors and freelancers are one of the essential components of the UK workforce, offering the expertise and flexibility that helps keep UK business competitive. For almost all contractors and freelancers time is a very limited resource, so the less time spent sorting out the admin the better.Let's be honest, everyone wants to pay as little as they can. At Carpenter Box we set our fees in advance based on the work you want us to do. We offer flexible payment terms including monthly, quarterly payments based on a standing order which helps your cash flow, as well as ours.
How we work.
Once we've talked to you and understood your circumstances we'll come up with an action plan. We're a full service firm which means we will be able to expertly deal with every element of your need. We'll give you expert and balanced advice on what's best for you and we'll review the situation regularly to ensure our advice is up-to-date.
The Technical Stuff.
Through our team of specialists in the area of contractors and freelancers we are able to keep up-to-date with any rulings or legislative changes which may have an impact passing on any updates. Areas currently under consideration include the governments thinking on settlement provisions, the fallout from the dragonfly case and the service company definition for personal tax returns.
Trading as a Limited Company.
Once we have discussed your situation you may decide that the Limited Company route is worth taking. We provide a Company formation service. We can manage your firm's day-to-day administrative tasks such as payroll, VAT and expenses claims.
At the end of the year we'll also complete your company's year-end Accounts and Tax Return, along with your Personal Tax Return if needed.
At the end of the year we'll also complete your company's year-end Accounts and Tax Return, along with your Personal Tax Return if needed.
Our aim is to leave you free to focus 100% on your business whilst we take care of the numbers.
We will advise on the various expenses that can be claimed, and give you an idea of your likely take-home pay given your situation. All this can be achieved easily and quickly.
Self-Employment Services:
Where there are advantages in becoming self-employed we will help you set-up the necessary processes and routines. We'll also prepare your end-of-year Accounts and Tax Return and help with advice on National Insurance. Of course we'll also advise on strategies you can employ to reduce your overall tax bill.
IR35 Status Reviews:
The IR35 regulations brought in the notion of "deemed employment", which is a situation in which PAYE tax must be applied even if you are being paid for the work via your own limited company. We will look at your contracts to help you understand your IR35 employment status. Where necessary, we can also administer the PAYE tax required where there it is decided there is a deemed employment situation.
VAT Registration:
We will help you to understand the rules of VAT, the merit of flat rule registration and advise on the pros and cons of being registered for VAT. If there are advantages in being registered we can register you for VAT and help you make the necessary returns. And of course, we're happy to help you with VAT questions as and when they arise.
Protecting and Growing your Wealth:
We have already talked about Tax Mitigation advice, but at Carpenter Box we take wealth seriously, so in addition to the services you might expect from an accountancy practice we have created Carpenter Box Wealth Management LLP (CBWM). CBWM is an independent financial advisor specialising in offering investment advice integrated with tax mitigation advice from our own tax specialists. In short, we offer a service designed to increase your wealth and protect it against the tax man.
Want to know more?
For a FREE initial chat contact Nathan Keeley
Registered to carry on audit work and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales