At Spondoo, we have a specialist team of licensed accountants that provides contractors and freelancers with bespoke and all-inclusive accounting services. We offer our services across the UK to contractors from different industries.
A contractor (aka freelancer or consultant) is a person that provides their services to a company via a limited company, or as a sole trader.
As a contractor, you will need to consider the concept of deemed employment under HMRC’s IR35 rules.
Are you still unsure if you are a contractor? You can use the HMRC’s Check Employment Status for Tax (CEST) tool to determine where you fall.
Contractors supply their services to their clients:
To avoid HMRC penalties and fines - you should remain compliant with the IR35 rules.
When looking for the best contractor accountant for your business, ask your potential accountant these questions:
We provide the following services to contractors:
As a contractor, it is crucial to choose the correct structure because they all have advantages and disadvantages. Our team will advise you on the best method for you – depending on your circumstances.
Do you want to do your contracting work under a limited company? We can help you set up a limited company with Companies House. Our specialist contractor accountants will guide you through the process and handle the necessary documentation.
We can do an IR35 review to see if you fall inside or outside IR35. If you fall inside IR35, we will work on a compliance strategy – such as setting you up on an HMRC-compliant payroll service through our umbrella services.
Spondoo Umbrella services are built to provide you with effective service to help you manage your tax liabilities. You can find out more about our umbrella services here.
We can prepare your payroll (monthly, bi-weekly) and handle the Real Time Information filings. We will also guide you on paying PAYE and NIC to HMRC.
We provide CIS accounting and tax services to contractors and subcontractors working in the Construction Industry Scheme. We can help you meet all your tax obligations, file your taxes and ensure you maximise your tax savings – whether you are self-employed or working under a limited company.
Our team can help you manage and reconcile your day-to-day accounts periodically, using the accounting software of your choice.
We can support you in the following ways:
We will handle the preparation, calculation and filing of your:
We will advise you on a user-friendly and reliable accounting software with good support. We are highly knowledgeable on the following contractor accounting systems:
At Spondoo, we provide our services to multi-sectoral contractors, consultants, freelancers and locums. They include:
We will provide you with a dedicated accountant who will handle your accounting so that you can focus on running and growing your business.
If you work with us - you will know how much to pay in advance. Our fixed accounting packages are all-inclusive at very favourable rates.
Our specialist accountants are skilful in accounting for contractors - with over eight years of experience in the field. Our team members also have qualifications from the Association of Accounting Technicians (AAT) and the Association of Chartered Certified Accountants (ACCA).
To make your business practices smooth, we will advise you on the best tools in the market that will automate your business processes. As software developers, we understand the tools that will help you have real-time updates about your business on your accounting software – at any time, anywhere.
Our contractor accountants understand the complexity of contracting tax legislation (especially IR35 and CIS). That is why they will work around the rules to ensure you remain compliant.
We are happy to help with your contractor business. Contact our specialist team via:
