DIY Accounting

Do It Yourself accounting, is simply doing your accountants yourself! Though should you do it yourself?

Of course you can do your accounts yourself if you’re an accountant, some kind or maths whizz that also happens to understand the intricacies of HMRC and its multitude of forms. As-well you need to find the time, whilst also running your own business. Guidance notes alone for expenses on HM Revenue and Customs site is over 100 pages, imagine how many guides and advice notes there are for corporation tax, VAT and PAYE!

Companies House has seen a rise in rejections because of people doing their accounts themselves or making do with unqualified accountants.

A recent article from Accounting Age revealed that one in ten accounts filed to Companies House has been rejected, and it was all down to the accounts being incorrectly entered. Often incorrect entries result in hefty fines.

In light of these revelations it demonstrates, the importance of employing a professional accountant.  It’s understandable in the present economic climate that some contractors may be cutting costs and feel an accountant would be too expensive.

Accountancy firms such as, SJD Accountancy are fixed fee Accountants – meaning you will never get an unexpected charge. As a result budgeting will much simpler, and you can relax knowing your accounts will be done on time and free of errors.

Of course you can still do your own accounts, if you feel confident enough you have the needed knowledge. For more information on DIY Accounting:

If you have any question about contracting or would like any further advice please call our New Client Services helpdesk on 0500 152500 / 01442 275789 or email nikki.hanlon@sjdaccountancy.com

SJD Accountancy

SJD Accountancy are the UK's largest specialist provider of fixed fee, Limited company accountancy services to contractors; we've been acting for contractors across the UK since 1992 and have more than 15,000 clients.

We are the only national specialist firm of contractor accountants with offices nationwide. SJD Accountancy has more qualified staff than any other firm in our market with qualifications from the following major tax and accountancy bodies - ATT, AAT, CTA, ACCA, CA, ACA and FCCA.

  • Unlimited face to face meetings. This is a unique service only SJD Accountancy offers - unlimited face to face meetings across the UK - tax is complicated and sometimes only a meeting will do.
  • UK's Largest contractor accountants with more qualified staff. No call centres, no outsourcing, no automated call handling. Simply telephone, email or meet your own dedicated accountant* face to face.
  • Money back service guarantee. All your telephone calls and emails will be answered the same day or we will make a full refund of that months fee.
  • Outstanding reputation. We have won more awards for customer service and accountancy excellence than any other firm in our market, including: Best Accountant for Contractors, Accountant of the Year and Best Professional Service Team to name just a few.
  • All inclusive low cost fixed fee accountancy package which includes completion of accounts*, payroll bureau, dividends and corporation tax computations, personal taxation, free bookkeeping software, your own dedicated accountant* and all company returns for a fixed fee of £120 plus VAT per month.

If you have any questions about contracting or would like any further advice please call our new client services helpdesk on 01442 275789 or email: janice@sjdaccountancy.com.

Appoint SJD Accountancy and never worry about your tax or accountancy affairs again.

Form your own Limited company with SJD - our same day online company formation service includes company bank account set up, VAT/PAYE registration and advice on optimum share structure. 

You may also find the following pages, guides and case studies useful:

*If you would like us to complete your company year end accounts we simply ask that you have been a client of SJD for one year or have made 12 monthly payments. All accountants are part or fully qualified.