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:
- Can I do my own accounts?
- Fixed fee accountants
- Contract Accounting Software
- Accounting for Freelancers
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 11,000 clients.
We are the only National specialist firm of accountants with offices in all major UK cities so you’ll never be far from your accountant. SJD also have more qualified staff than any other firm in our market with qualifications from the following major tax and accountancy bodies - ATII, ATT, ACCA, CA, ACA, FCCA, ACMA. You’ll also be pleased to know that we are one of the lowest priced as well.
Free face-to-face meetings. This is another unique service, only SJD offers free face to face meetings - tax is complicated and sometimes only a meeting will do.
Unlimited access to your own dedicated accountant. No call centres, no outsourcing, no automated call handling. Simply telephone, e-mail or meet your own dedicated accountant face to face.
Money back service guarantee. All your telephone calls and e-mails will be answered the same day or we will refund your monthly fee's.
Outstanding reputation. We have won more awards for customer service and accountancy excellence than any other firm in our market.
All inclusive low cost monthly package which includes completion of accounts, payroll bureau, dividends and corporation tax computations, personal taxation, free bookkeeping software, unlimited access to your accountant and all company returns. All this for a fixed monthly fee of £110 plus VAT, which is one of the lowest prices in the market.
If you have any questions about contracting or would like any further advice please either contact your SJD Accountant or call our new client services helpdesk on 0500 152500 / 01442 275789 or email: nikki.hanlon@sjdaccountancy.com.
Appoint SJD Accountancy and never worry about your tax or accountancy affairs again!
You may also find the following pages, guides and case studies useful:
Take home pay calculator - How much could you be taking home
Contractor FAQ - All your frequently asked questions and their answers
First time Contracting or Freelancing? - A summary of the alternatives along with pros and cons
Choosing an accountant - For a full review
Step-by-step Guide to Contracting - Download a FREE copy of our guide
Limited or Umbrella? Can't decide? - We help you decide which is best for you
Guide to Contracting - All the best guides to contracting in one place
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
