Contractor Accountants in London and Essex

Finance Equation are contractor accountants managing the requirements of freelancers throughout London and Essex. There are many reasons why people decide to become contractors – these include aspects such as a better work-life balance, more control over their career, and being able to earn flexibly. The downsides can be the time it takes to manage and track business finances and pay the necessary taxes.

They are usually in demand, with companies automating processes and looking to cut costs, a job for life is a thing of the past. Our  expert team keep your time spent on Admin to a minimum and legally reduce your tax so you keep more of your money. We recommend a cloud based accounting solution, with Xero or Quickbooks, for all our clients. The following website looks at contracting demand in the UK.

Finance Equation knows that each one of our clients’ requirements is unique.

There is no ‘one-size-fits-all’ formula, so having a firm that ticks all the boxes makes good business sense when it comes to the myriad of complex financial decisions most businesses have to make.

But finding the right expert for you doesn’t have to be a job in itself – here at Finance Equation we can take care of all your financial needs, we’ve got it covered, all under one roof.

accountants for constractors

We know that just running the daily routines of a business is a tough task in itself, and the financial demands of tax deadlines, submissions, and allowances, not to mention the mountains of paperwork, can be an outrageous headache.

We appreciate that you probably don’t work the regular 9-5 hours so, we don’t either.

Our clients include: IT, Engineering, Management, Construction Industry Scheme, CIS, Locum Doctors, Locum Dentists, Locum Pharmacists as well as the banking sector.

Limited Company Contractors

  • Competitive upfront fees
  • You spend less than 15 minutes a month on administration.
  • Initial set up meeting and a year-end meeting to discuss your accounts and tax position, face to face, skype or phone whatever works for you.
  • Proactively explore every legal option to reduce your tax liability.
  • Companies house and HMRC obligations in a timely manner.
  • Filing of your company Annual Return & VAT returns.
  • Submission of your personal tax return to HMRC relating to your company income.

CIS Contractors

  • Competitive upfront fees
  • Our expert CIS spcialists will manage your CIS year-end Tax rebate.
  • Proactively explore every legal option to reduce your tax liability.
  • Submission of your personal tax return to HMRC

New Contractors

  • Set up your company for you.
  • Help you open your company bank account.
  • Provide you with invoice templates and letterheads to help you get started.
  • Set you up on the best VAT Scheme for you
  • We will register you and your company with HMRC

Our dedicated team of accountants are up-to-date with the latest financial legislation and tax planning.

With us, you don’t have to worry about missing a deadline or worrying about incurring penalties for tax rules and regulations.

We understand how your contracting business should be run and the IR35 legislation, and we’ll give you endless advice and assistance regarding tax, company finance, and cash flow.

If you need specialist services, you can feel rest assured that our team of professional experts will handle your business.