Contractor Accountant

What is a contractor accountant?

A contractor accountant is an accountancy firm or practice who specialise solely in accountancy work for freelance contractors. Contractor accountants do not work in ‘general practice’ but have a business tailored to the specialised accountancy requirements of freelance contractors. As accountants, contractor accountancy businesses must be regulated, for example by the ACCA.

The role of the contractor accountant

Your needs as a freelance contractor with your own limited company, are different from most businesses. The role of the contractor accountant usually includes producing year end accounts, VAT returns, Payroll, calculating corporation tax, dividends and statutory form filling. You can find out more about what to expect from your contractor accountants, here.

Choosing a contractor accountant

Choosing a contractor accountant can be confusing and time consuming. Choosing the wrong contractor accountant can leave your finances in a mess, taking your time and energy away from your contracting role. It is vital that you ensure your finances are being handled by experienced experts. A skilled contractor accountant will deal with the added complexity of tax issues such as IR35.

At Orange & Gold, we recognise that you have a choice and we strive constantly to exceed your expectations as a contractor. Over the past 15 years working with freelance contractors, we have gained a huge amount of knowledge and experience as contractor accountants. We are regarded as expert contractor accountants by the agencies we deal with.

Do I need a contractor accountant?

The answer to this is YES. However, there are some tasks that most freelance contractors can do for themselves. For example, entering timesheets and raising invoices on the CORE system saves contractors money and is convenient to most contractors. For contractors who want to leave the running of their company entirely to the experts, we can offer the PREMIER service.

The world of contractor accountancy is changing almost constantly. Legislation on IR35 and other taxes for contractors, require careful interpretation from a qualified expert. At Orange & Gold, we have always offered clients a totally compliant solution. Almost all contractors choose the peace of mind of using a qualified contractor accountant. For first time contractors, running a limited company can be a little intimidating. For more information, read our first-timers guide to limited company contracting.

Company structures

We provide individual advice on the best company structure for you. From umbrella company, limited company or sole trader, we look at your own requirements and can provide you with the most suitable service.

The three services offered by O&G provide a comprehensive service to contractors. So, whether you are best suited to a limited company or brolly company, we can provide you with the package you need.

In addition, we have always been dubious about off-shore companies and the notorious composite company propositions. The results of the BN66 Montpellier case were unsurprising. As qualified accountants, we are careful never to recommend services to our clients that have a huge risk factor!

Best contractor accountant

So, what makes Orange & Gold, the best contractor accountants? Put simply, it is our desire to exceed our contractor clients’ expectations and our exceptionally high customer service standards.

As a small, highly focused, contractor accountancy firm, we aim to provide you with precisely the service you need, at a competitive price, maximizing your take-home pay and minimizing your tax bill. After 15 years experience as contractor accountants, we believe we are the best contractor accountants.

If you’d like to discover why Orange & Gold is the best choice for freelance contractors, signup to our contractor accountancy services on-line or phone 0845 272 4009 for our customer service team.