accountant for freelancers
You are freelancer sweeping up gigs and jobs in your profession and sector. If you’re looking to get your numbers in order and tax bill down, read on.
Accounting for freelancers
Cloud Based Freelancer Accounting Software
We use and recommend Xero accounting software for your freelancer accounting. It is by far the most intuitive and user friendly accounting software on the market to help you know your numbers.
We offer a unique 60 day fee refund guarantee
We believe you should have the ability to ‘test drive’ our service before you commit. That’s why we offer a 60 day day, risk free guarantee to you. If you cancel our service(s) at any time within 60 days of signing up, we will refund your monthly service fees. No quibbles, no fuss.
Find out more about our fee refund guarantee
Help you understand your numbers and minimise your tax bill
We would not be doing you any justice if we did not help you truly understand (not just read them) your numbers and in turn minimise your tax bill (legitimately).
Accounting for freelancers is not just about doing your bookkeeping, payroll and filing your accounts every year. A freelancer accountant worth their salt will help you become a tax-efficient freelancer, helping you to keep more of what you earn.
how can we help freelancers?
As a freelancer, you may be doing various gigs and jobs for different clients.
If you’re operating as a sole trader, then perhaps you might want to consider incorporating into a Limited Company. It depends on how much revenue you are generating.
You could be concerned about the dreaded IR35 legislation, and whether it will apply to you?
Or you may need accounting for freelancers through your Limited Company. How to optimise your taxes, create a robust financial process or just the basics of filing your accounts and tax returns.
Whatever aspect of freelancer accounting you need, we are specialist accountants for freelancers.
Schedule a call today, or request a quick quote.
FAQ's on accounting for freelancers
We use and recommend Xero accounting for freelancers software. Xero is by far the most intuitive and user friendly accounting software and can evolve with your business. However, we are not affiliated with just Xero and can dove tail into any accounting software you choose, be it Quickbooks, Clearbooks, Pandle, Sage Cloud, Wave, Zoho….the list goes on.
As freelancer accounting specialists, we assist freelancers from any background or industry. We have freelancers from graphic design, videography, content writing, consultancy, the legal profession and the list goes on. If you’re in search for an accountant for freelancers, then we’ve got you covered.
We don’t do set menu packages. We used to do these and found many freelancers were not using half the features of the package. It’s a bit like buying an all inclusive, unlimited calls and texts phone contract for a fixed fee when all you need is wi-fi and 4G data!
So we price according to the services you need at any point in time. In general, our fees start from as a little as £15 per month.
You will get a named ‘Qualified Accountant’ who is supported by our support team. The modes of communication include e-mails, telephone calls and online chat facility (within business hours).
The new IR35 legislation comes into play in April 2021. Should you be concerned about this as a freelancer? Well, we would suggest you should be aware of it, what the legislation is about and how it could impact you as a freelancer. The first way we can help you is to direct you to an 8 minute video that explains just this. The New IR35 legislation.
If you were to become a client of ours, our accountants will personally guide you through the IR35 maze and assist you in making informed decisions to stay outside of IR35.
This is our favorite 🙂
As a freelancer, if you opt to run your financial affairs through a UK based Limited Company, then there are numerous tax saving opportunities for you.
To begin with, watch our video on how to pay less than 7.5% personal tax on £50,000 per annum of income.
You see, an accountant for freelancers should be able to pay for themselves through such tax mitigation advice and implementation.