Benefits of having an accountant

Like most things in life, you can have a go at doing it yourself, things that I have had a go at myself are wood flooring, tiling the bathroom and fixing the car with varying degrees of success. These tasks have brought a mixture of satisfaction, frustration and relief when completed.

For accounts and tax returns, you could buy yourself a book and some approved software and attempt to do them yourself. This is possible but it will take up a good many hours of your time, learning what is required, and also there is a high chance that you will make mistakes.

Accounts and tax returns are similar, but with one big difference they are checked by HMRC for accuracy and completeness to the relevant tax laws and accounting standards, and the fines and penalties for non compliance and small inaccuracies can be substantial, throw in the stress of a tax investigation and you might just have wished you had engaged a specialist contractor accountant and spent the time you saved on yourself and your family.

Freelancer Accounting is a specialist provider of fixed fee accountancy services to freelancers and contractors in London and the South East England.

We understand that tax is complicated and offer you face to face meetings at one of our office locations convenient to you.

You have your own dedicated accountant as a point of contact.

We are accredited by the Professional Contractors Group (PCG) and are an ACCA Practice, so you never have to worry about you tax and accounting affairs again.

If you are thinking of contracting or an existing contractor with questions and would like further advice, please do not hesitate to call your local FreelancerAccounting office on 0800 1357157 or email martyn@freelanceraccounting.com