IT Contractor - Accountancy Services

Accountancy services from the UK's largest Contractor Accountants for IT Contractors and Freelancers 

SJD Accountancy provides proactive tax advice and accountancy services for IT contractors who choose to work through their own limited company, all backed up by our unique money-back service guarantee.

If you are still undecided as to whether contracting is the right choice for you, then the following pages will provide you with all the information you need to know: 

IT Contracting has never been more popular, higher take home pay, the most tax efficient method possible, more freedom, less office politics. . . and what seems like the end of the 'permanent' job. Downsizing, outsourcing, corporate politics, death of the final salary scheme all seem to be pushing skilled IT professionals into contracting.

Contracting for some may be the perfect option but it doesn't come without a fair share of challenges. Generally, as a contractor if you work for a company for a fixed period under a fixed contract, you will essentially be selling your skills and time and usually be paid by the hour. Anecdotal evidence suggests that although contracts are for a fixed time they are often extended but it is always your choice whether you stay or move on to your next contract. Many contractors work for the same company for years and other than a few small tax implications regarding travel costs to and from work, there is nothing wrong with this at all.

Benefits of IT Contracting? 

  • Freedom - being able to choose when and where to work
  • Being your own boss
  • Money - you'll usually be paid more money than permanent members of staff working on similar projects. The following links will help you to understand more about take home pay and contract amounts: Instant online take home pay calculator and Limited or Umbrella the major differences in take home pay
  • Doing the type of work you enjoy doing. Often as an employed person you are pulled in numerous directions, as a contractor your work will generally be more focused
  • Work experience - developing an impressive and varied CV by moving contracts frequently and experience of working in different types of organisations and work cultures
  • Less involvement in office politics, but this can't be guaranteed
  • Taking time out - we know many contractors who work extremely hard for 9 - 12 months and then take 2 - 3 months off

Remember - you always have the safety net that if you don't like contracting you can return to permanent work.

Tax is complicated, even the Governments' guideline booklet on expenses is over 100 pages long, so if you are thinking of going limited you'll need to think carefully about appointing an accountant.

You'll need an accountant who specialises in Contractors, Consultants and Freelancing issues, no point choosing an accountant who specialises in Pubs, engineering or shed manufacturing. 

At some point you may want to meet up with your accountant - most contractors manage their relationship with their accountant over the telephone and email. However, for yearly reviews or just to go over something that's unusual or complicated it's good to know you can meet up. 

Reviews and awards are a good sign of credibility as is safety in numbers, if lots of other contractors use a particular firm there's probably a good reason why. One thing to remember is all accountants are restrained by the same rules and regulations so don't be tempted by offers of schemes that seem to be too good to be true (they probably are as all accountants have access to the same schemes). HM Revenue and Customs treats all accountants the same, nobody gets preferential treatment.

You'll be pleased to know SJD Accountancy are the UK's largest specialist accountants for IT contractors with over 15,000 contractor clients, all of whom work through their own Limited company. We provide all our clients with pro-active tax advice and accountancy services all backed-up by a unique money-back service guarantee

We offer all clients:

  • Unlimited face to face meetings. Tax is complicated which is why we offer everyone face to face meetings across the UK.
  • UK's Largest contractor accountants with more qualififed staff. No call centres, no outsourcing, no press one for this or two for that. 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.  

Our all inclusive low cost fixed fee service of just £120 plus VAT per month covers everything you'll need. Our all inclusive service includes: 

  • Year-end accounts*
  • Corporation tax
  • Payroll bureau
  • Dividend administration
  • Dealing with HM Revenue and Customs and Companies House
  • Quarterly VAT Calculations 
  • Support with Annual Returns
  • Personal Taxation
  • Access to your own dedicated accountant* for all help and advice
  • Free bookkeeping software

If you have any question about contracting or would like any further advice please call our new client services helpdesk on Freephone 0500 152500 / 01442 275789 or email jessica@sjdaccountancy.com

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

We have a vast amount of experience in forming new limited companies and in dealing with newly-formed limited companies. We also have an online company formation facility and we are very happy to assist and guide new clients in all aspects of the administration and accounting requirements of their new companies.

SJD has an enviable reputation and have won more awards for customer service and accountancy excellence than any other firm in our market. Awards include: 

  • Best Contractor Accountants - Contractor UK 2014 - 2007
  • The British Accountancy Awards ‘Accountant of the Year’ winners in 2011, finalists in 2014 and highly commended in 2012.
  • Best Professional Team of the Year - UK Customer Experience Award 2011
  • Customer Commitment Award - Institute of Customer Service 2011
  • National Chamber of Commerce Award 2010
  • Medium firm of the Year - Finalist Accountancy Age 2010
  • Excellence in Customer Service - Finalists National Customer Service Awards 2009
  • Sunday Times Best Small Companies - Award 2009 - 2007
  • Winners of the Accountancy Age Awards for Excellence in 2007 and 2004 and finalists in 2010 and all years since 2003.
  • Deemed IPSE accredited accountants and fully MSC compliant

We also have more qualified staff than any other specialist firm with qualifications covering: ATT, AAT, CTA, ACCA, CA, ACA, FCCA.. If you wish to appoint us as your accountants immediately, the quickest and easiest way to do so is by accessing our Client Agreement Form.

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

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. Our new client services helpdesk is open Monday to Friday (8am to 6pm).

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.