New To Contracting
Contracting can be an exciting and lucrative career move, but where do you start? At Intouch, your dedicated Personal Accountant will set up your Limited Company for you, leaving you to focus on what’s important: securing those first contracts.
We’ll be with you every step of the way, supporting you with the day-to-day running of your business and helping you to maximise your take home pay while staying on the right side of the taxman.
Half of all new clients have been referred to us by a friend or colleague
Why do you need a contractor accountant?
If your goal is to earn in excess of £30k as a contractor, it’s likely there’ll be tax benefits by providing your services through a Limited Company.
These benefits come from the way your company is set up and run, and how you take income from it. Getting expert advice will ensure you reap these benefits from the outset.
There are also a number of tax laws specific to contracting such as ‘IR35‘. These affect the ways that you are able to set up and run your business, so it’s key that you work with a contractor accounting specialist who will always keep you up to date and compliant.
How we help new contractors
Intouch will take care of all your Limited Company’s accounting and tax tasks for a monthly fee of £105 + VAT.
Our specialist Contractor Accountants work with new contractors every day. You’ll have a direct line to your own Personal Accountant who’ll guide you through the entire process, from incorporating your company to setting up a bank account and getting insured. Once everything’s up and running, they’ll be there to support you whenever you need them.
You can use our address as your registered address, which gives you a professional edge and keeps your home address out of the public domain.
With Intouch, there are no set-up fees, tie-in periods or leaving fees – we believe in earning customer loyalty, not enforcing it!
What you'll get with Intouch
- Free company set-up and use of our address as your registered office
- Help setting up your business bank account and insurance
- Unlimited expert advice from your dedicated Personal Accountant
- 24/7 access to your accounts via the Intouch online portal
- Free IR35 support services and guidance
- Access to contractor-specific mortgage, wealth and protection services
- Management and year-end accounts
- Quarterly VAT returns
- Calculation of your company’s tax liability
- Monthly and annual payroll returns
- Filing of all HMRC and Companies House returns
- One annual Self Assessment tax return
- Dividend advice and paperwork
Expert IR35 Guidance
IR35 is tax legislation introduced to combat tax avoidance; trading as a Limited Company and working outside of IR35 can result in higher take-home pay than other alternatives, which is why so many contractors prefer to work this way. However, IR35 legislation is complex and set to change in April 2020 so you need an accounting partner with the expertise and support services to guide you.
At Intouch all of our unique IR35 support services provide all the clarity, protection and support that contractors need, at no extra cost. Read more here.
Awards & Accreditation
You can trust Intouch – we’re accredited by the Freelancer and Contractor Service Association (FCSA), recognised as the industry’s compliance gold standard. The FCSA accredits service providers audited by top experts to confirm they adhere to a rigorous Code of Compliance.
Intouch has scooped up ‘Best Contractor Accountant’ in the ContractorUK (CUK) Reader Awards for three years running. This award is voted for by our clients and CUK readers, so it means a great deal to us. It’s testament to the specialist and personal service we strive to provide to each and every one of our customers.