Working as a contractor can be liberating, but it is also challenging. You may spend a lot of time looking for clients and marketing your services, and at the same time, you are the salesperson, accountant and customer service representative because you do everything yourself.
So let us assist you with your accounting and taxes so you can focus on running your business and making it a success.
Sole Trader or Limited Company?
Deciding on a structure for your business can be difficult, especially if you are just starting out as a contractor. You may want to operate as a sole trader because it is easier to set up, but it may be more suitable to start a Limited Company instead. There are advantages and disadvantages of each, and it can help to speak to an accountant first.
At Ayoks Consulting, we can advise you on the best options for your business so you can get your business started the right way. How We Can Help We provide a wide range of specialist services for contractors to help you make the most out of your business. We can help you with tasks as you are starting your business, like registering with HMRC and setting up a bank account for your business, to help you get started properly. We will also assist you with your Self Assessment and make sure you file it in time to avoid fines from HMRC. At the same time, we can ensure you are claiming for all the relevant expenses so you don’t spend more on your tax bill than you should be.
We can also provide specialist support with VAT, including registering and filing returns, to ensure you meet all of your obligations. As your business grows, we will be with you every step of the way, providing you with specialist advice as well as help with PAYE and Payroll.
Let us help you with all of your accountancy and tax arrangements. Contact us today to save time and hassle on your accounts, and focus instead on running and growing your business.