Consultancy Services
With a job for life being a thing of the past, more and more people are contracting through agencies. Being directly employed by the agency, you could be paying over the odds in tax and losing out financially in other ways.
As a consultant, do you realise that by forming your own limited company you would not only be better off financially, but you would also be making yourself more attractive to employers?
If you have considered this option already but been put off by the paper work a limited company generates, Approved Accounting is for you. We offer a worry-free company formation and financial management service which is guaranteed to please your bank manager and give you more disposable income.
Today’s communications technology means that consultants nationwide are benefiting from Approved Accounting’s twenty years’ accounting experience in managing their financial affairs. Fax, telephone and email along with ‘snail mail’ all make looking after consultants’ accounting needs ‘long distance’ as easy as if we were at the end of their street. Easier perhaps, as visits to us are not normally necessary, leaving you more time to earn money!
Once underway, all you need to do each month is to notify us of your earnings and mail us your expense receipts for stationery/petrol etc. And that’s it!
For a fixed direct debit monthly fee, Approved Accounting provides:
- Expenses processing
- Payroll processing - for you and any employees
- Monthly updates on earnings and tax incurred
- Quarterly VAT returns
- Annual company accounts
- All tax returns - including Self Assessment
- Compliance with all legal requirements
- Free Advice Line - eight hours a day
We do all this so that you are free to get on with what you’re best at - earning money!
Why limited company status makes good financial sense
- Agencies will enhance your contract rate because they no longer have to pay Employers’ National Insurance contributions on your earnings.
- Agencies will be more interested in employing you with no PAYE to run, no liability for other payments for holidays, sickness or maternity leave etc.
- You will pay less tax and National Insurance by paying dividends to you as a shareholder rather than a salary.
- Lower National Insurance - you could save over £2000 a year which, alone, would more than cover the cost of this service.
- Expenses such as purchasing/running a car; home and mobile telephones, etc can be offset against income. Even our charges are tax allowable.
- There may be opportunities to involve a wife or partner in the business which could lead to tax and National Insurance savings.
Direct services of many kinds are increasingly popular as saving time is becoming almost as desirable as saving money. Today we can do all our banking, buy insurance and holidays over the phone and even do our shopping over the internet.
Approved Accounting’s service will save you both time and money. Guaranteed.
Approved Accounting offers: FREE company formation - we do all the necessary searches, registration etc.
FREE advice on the most tax efficient way of establishing your company.
FREE registration for Income Tax; National Insurance; Corporation Tax; Value Added Tax where applicable.
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