Contractor Accountants with Experience in the UK Market

1st Contact, with track-record of more than 15 years, has all the industry know-how and experience as contractor accountants to help you to maximise your income, take care of your tax issues and ensure that your finances are in order – while you spend your time and energy growing your business.

Why do I Need a Contractor Accountant?

Using a professional accounting service can greatly reduce your stress and save you money and legal hassles. Specialist contractor accountants like 1st Contact Accounting can offer accounting solutions tailored to the unique needs of contractors in the UK, offering a full range of accounting services from UK Limited Company formation to detailed financial planning and advice.

Accounting for Contractors: Individuals who are contracting in the UK

If you are working as a contractor or you are an expat currently in the UK, there are many opportunities to optimise your earnings through tax reduction. One of the favoured ways is through the formation of a limited company. A Limited Company is a clever way of starting up as a contractor or in business with minimal risk, affording you the advantages of ownership along with certain tax benefits. Working through a limited company allows the flexibility to pay salary and/or dividends, as well as retain profits within the company for use in later periods, or for investment. Working through a limited company also allows the opportunity to invest in a pension in a tax efficient way. By employing the services of a contractor accountant you can maximise these benefits and ensure you remain in compliance with the relevant laws.

Other Contractor Accountant Services offered by 1st Contact

• Limited Company Incorporations
• PAYE and NI
• Employer Annual Returns
• Bookkeeping
• VAT and Flat Rate VAT
• Annual Accounts
• Annual Shuttle Returns
• Personal Tax Returns