CONTRACTOR ACCOUNTANCY

A professional accounting service tailored specifically for contractors

Contractors are at the heart of everything we do at Walker Smith and our Contractor Accountancy Services are no different.

Contractor Accountancy is our service for independent workers that wish to operate through a limited company.  It allows you to develop a brand and a legal entity that contains all your professional finances in one place, separate from your personal affairs.

We typically recommend Contractor Accountancy for individuals who are committed to working on a contract basis for a minimum period of 6-9 months and want to manage their finances in a tax efficient and compliant manner.  It allows you to maximise your income and take home as much as 85% of your Gross Earnings by paying yourself via dividends as well as a salary.

With Walker Smith, you are supported by dedicated accountants based in the UK who only work with contract workers, so offer specialist advice on managing your finances.

We have packages tailored to provide you with everything you need to manage your invoicing, payroll and tax affairs with minimum stress and admin.  We provide insurance and employee benefits packages and to give you flexibility and control, we also provide you with an online portal and mobile app to stay on top of your finances 24 hours a day.

Click here to compare our Contractor Accountancy packages

How does it work?

Our Contractor Accountancy service involves you setting up your own Limited Company at Companies House, with a brand name of your choice (subject to availability). You will be a statutory director of this company and invoice clients for work using that brand name. You will also need to set up a business bank account, as this service separates your work finances from personal finances.

When you become a Contractor Accountancy client of Walker Smith Global, you will be assigned a personal dedicated accountant from our team of specialist contractor accountants in Manchester, who work with you as your trusted adviser. They are on hand to provide personal advice and support on everything related to running your company.  They will also help ensure you optimise your income through salary and dividends to maximise your take home pay and minimise your tax liability.

Many of our clients already have accountants or tax advisers and choose to switch over to us because we are specialists in working with contractors and can offer a broader range of services and a greater level of support and understanding for their requirements than other firms.

THE BENEFITS

We have helped thousands of contract workers set up and manage their own Limited Company and our services are available irrespective of how much experience you have. If you already have an accountant or Limited Company, ask about our switching service, which helps make the process very easy.

Talk to one of our specialists today to find out about the benefits of Walker Smith’s Contractor Accountancy services, including:

  • Free Limited Company set up and registration at Companies House (fast track available if required*)
  • Private banking with instant business bank account setup (through Cater Allen)
  • Dedicated support for you and your company from our team of accountants in Manchester
  • Online portal and mobile app to manage your finances 24/7
  • Market-leading employment benefits** (through BHSF)
  • Employers liability, Public liability and Professional Indemnity insurance
  • Friendly and straightforward advice at the end of the phone
  • Superb value for money
  • The knowledge that you are working with a market leading business – we support thousands of contractors each year

Call 020 3805 5135 to find out how we can help. Our friendly team will talk through your circumstances and provide advice on the best means for you to manage your finances.

*fast track company setup may incur extra charges.

**included with certain packages, please see brochure for details.