Contractors, Self Employed & Freelancers Accountancy Services Annual Accounts
Our Self-Employed, Contractor and Freelancer Services
What are Annual Accounts for?
Preparing your annual accounts at the end of your tax year can be a painful and long process for busy freelancers, but is a statutory requirement. This information is sent to Companies House and the HMRC and is used as the basis of your company tax return.
USE OUR EXPERT KNOWLEDGE
Annual accounts must meet certain accounting standards. Knowing and understanding what these is a mammoth task and most freelancers do not have the time to digest the required information. This is where our expert service comes in.
Letting us complete your annual return means that you know how much tax you owe in advance of having to pay it, a benefit for your cash flow. It also means that you can refocus your efforts on the current financial year.
OUTSOURCE TO US AND SAVE MONEY
Freelancers typically process a lot of transactions and expenses. Not using a specialist who understands the complexities of freelancing can mean having to answer questions about transactions that took place up to a year ago. Mistakes are more likely and could mean paying too much tax and hefty fines from the HMRC. Contact us for more information.
As a freelancer or contractor, it is likely that you have to process hundreds, if not thousands of transactions in any given year. Annual accounts are compulsory if you are set up as a company and our clients tell us that the mere thought of producing annual accounts based on the previous years is a nightmare. At Carrington Blake Accountancy, we are experts in producing annual accounts for freelancers and contractors. This is what you get when you sign up with us.
What You Get
- A free initial meeting
- Business support and advice
- Fully compliant and accurate annual accounts
- We deal with the HMRC on your behalf
WHAT WE DO DIFFERENTLY
In order for us to provide you with the best possible service, we spend a lot of time at our initial meeting getting to know you as a freelancer or contractor. This means that we can provide a tailored service with specific business support and advice appropriate to what you do.
A PROACTIVE APPROACH
We analyse your accounts in order to proactively spot any potential opportunities as well as threats. As a freelancer or contractor, this may include the tax implications of IR35 and any potential disputes.
SPECIALISM
We have a team of experts with more than 15 years of experience dealing with a multitude of freelancers and contractors across a broad range of industries. Our experience means that we are perfectly placed to provide accurate annual accounts on time.