Limited Companies for Contractors, IT Contractors, Freelancers, Consultants and SME Business Owners
At SJD Accountancy - we provide a range of accountancy services to meet the needs of IT Contractors, Contractors, Freelancers, Consultants and SME business owners. If you are a first time contractor you may also like to read our first timer guide and three point guide to running your own limited company.
We are the UK's largest provider of limited company accountancy services and the only National firm that has offices in all major cities. So unlike other accountancy firms, it is possible to meet with your accountant should you ever need to.
We are the most recommended accountancy firm on the internet and are the chosen firm to over 9,000 Ltd companies (SJD Accountancy have been providing Accountancy services for over 15 years). We have also won more awards for excellence in customer services than any other firm in our market.
SJD Accountancy offers a complete package including: completion of accounts, payroll bureau, dividends, corporation tax computations, personal taxation, free bookkeeping software, unlimited access to your accountant and all company returns for a fixed monthly fee of only £95 plus VAT.
Running your own Limited Company is actually very straightforward, click here to download our free 'Step-by-step' guide to contracting through your own limited company and here to read about how much can I earn as a contractor?
At SJD our aim is to reduce the burden of managing your own limited company, leaving your with more time to earn money. Our all inclusive fixed fee accountancy service for contractors and SME's includes:
- Year-end accounts
- Unlimited access to your accountant - including free face-to-face meetings
- Completion of Annual Returns
- Personal Tax Returns
- Payroll bureau
- Completion of VAT returns
- Dividend administration
- Free bookkeeping software
- Invoice template
- Corporation Tax Calculations and HM Revenue and Customs
- Companies House and use of a registered office
- Personal Taxation
- IR35 support
We are the only accountants who offer published service commitments with the back up of a money back guarantee. Click here to see our guarantee.
Our On-line Company formation Service offers same-day formations and includes opening a company bank account, VAT/PAYE registration and advice on share structure.
You may also find the following pages, guides and case studies useful:
Take home pay calculator - How much could you be taking home
Take home pay Limited company or Umbrella company - The differences
First time Contracting or Freelancing? - A summary of the alternatives along with pros and cons
Limited or Umbrella? Can't decide? - We help you decide which is best for you
Take home pay case studies - Examples of contractors using a ltd co. & umbrella co.
Expenses Guide - Know exactly what you can claim
Umbrella company guide - Everything you ever wanted to know about umbrella company services
IR35 Guide - A great plain English guide to IR35
If you have any question about contracting or would like any further advice please call our New Client Services Team on 0500 152 500 / 01442 232700 or e-mail leanne@sjdaccountancy.com
Service Definitions
Year-end accounts
Your year-end accounts are based on the accounting information you will have provided us with.
We will produce your Company Year-End Accounts within 30 days of us receiving all the relevant information from you.
Unlimited access to your accountant
We provide unlimited access to your accountant at no extra charge and because we are the only national firm of accountants with offices in all major cities, we are the only firm to provide face-to-face meetings near to where you live as part of our inclusive service to you.
Ordinarily, most contact will be made via telephone/e-mail. We understand as a contractor your time is precious. However, it is nice to know that if you do ever need to see your accountant, you don't have to travel the length and breadth of the country to see them.
Completion of Annual Returns
We will prepare all necessary forms and their submission to HM Revenue & Customs.
Personal Tax Returns
We include the completion of the Self Assessment Tax Return for you within our monthly service.
Payroll bureau
We will provide monthly summaries for you showing the gross wage, income tax and national insurance deductions and net pay.
VAT Returns
Your SJD accountant will prepare your VAT Returns.
We will discuss with you the Flat Rate VAT Scheme and assess if it would be beneficial for you.
Dividend Administration
Our service includes assistance with the calculation of profits and guidance on the administration necessary to make dividend payments. Contractors usually take their dividends monthly, this simply involves moving money from their company business bank account into their own personal bank account.
Free Bookkeeping software
We provide you with easy to complete bookkeeping software similar to an expense claim form, which should take about 15 - 20 minutes per month to and will be used to record your day to day transactions.
The software also helps to understand how much to draw as a salary/dividend each month and amount of tax you need to put aside.
Invoice template
As Director of your own limited company you will need to invoice your client/recruitment agency, your SJD accountant will provide you with a template.
Corporation Tax Calculations and HM Revenue and Customs
Our service includes the completion of corporation tax computations, the completion of tax returns and their submission to HM Revenue & Customs.
We will provide you with a tax calendar, which includes all tax due and payment dates and regular mobile text alerts so you won't ever miss a thing.
Your SJD accountant will deal with all general correspondence from HM Revenue and Customs on business tax, VAT and PAYE matters; you simply send all correspondence to us.
Companies House and use of a registered office
We will manage all compliance services and correspondence between you and companies house.
You will need to register your company to a registered office address; most people simply use their home address.
IR35
Your accountant will discuss issues relating to IR35 and help to understand how and if it will affect you as a contractor.
If your contract is through an agency, we initially advise you to check with them on your IR35 status, they are sometimes able to advise you.
If your agency are unsure on the status or if the contract is not through an agency, the only way to be sure whether it falls inside or outside IR35 is to have it reviewed by a specialist. Click here to read more about SJD's IR35 Contract Review Services.
Contractors coming from overseas may find this page helpful: Contracting in the UK.
SJD Accountancy - The ONLY National accountancy service for IT Contractors, Contractors and Freelancers working through their own limited companies.
