Life as an IT contractor can be very challenging at times. Whether it is a software developer, project manager, network engineer, or a plethora of other specialisms, your ability to identify and execute technical solutions for your clients, really sets you apart.
If only life could be simple. You’re an expert in IT, why can’t it just end there? Unfortunately, as a contractor, it can sometimes feel you have to be an expert in payroll, corporation tax returns and personal tax returns as well.
Well, not all is lost. At SJD we can help you get on top of the numbers. If you’re working through an umbrella company, running your business as a sole trader, or even through a limited company - we have a solution for you.
How much is your time worth to you? It might be cost-effective, as a value of your time, to outsource your accounts to us. For example, if your going rate is £50 per hour and it takes you 7 hours every month to look after your accounts, as a value of your time it is costing you £350 every month.
Depending on your business structure, some of our packages start at £40 + VAT per month. Outsourcing to an accountant could make a lot of sense.
It may also save you time. As an IT contractor, you are regularly thrown into data-sensitive environments, where clients expect high standards and for you to deliver high-quality work in a time-pressured environment. Do you want to add accounting to your to-do list?
IT contractors can choose from a number of different accounting services depending on how they structure their business. Services include annual accounts, corporation tax returns, personal tax returns, and payroll.
Many IT contractors choose to set their business structure up as a limited company. Our limited company packages start at £80 + VAT per month, but many IT contractors whose business structure is a limited company, opt for our Essential package. This includes access to market-leading accountancy software, FreeAgent.
Other IT contractors choose to work as a sole trader, but it’s entirely up to you and your circumstances how you structure your business.
Speak to a member of our team, who can discuss the different options available to you, with your own personal circumstances in mind.
Your accountant has extensive experience working with self-employed individuals, so they can offer you dedicated support and advice, while you focus on delivering the best work for your client.
Keeping track of your accounts is made easier with access to leading accountancy software, FreeAgent.
Want to find out more? As one of the industry's leading accounting solution providers, we have decades of experience helping IT contractors. Contact us now to chat with a member of our team.
If you're already a client of ours, you can speak to your dedicated accountant directly.
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