7 articles
Practical guides on contractor accounting basics for UK contractors and PSC directors.
Contractor Accounting Basics
Contractor accountant fees in the UK public market typically run from around £60 to £150 a month, though the range is wide and the number alone tells you little. This guide explains what drives the price, what you should expect for your money, and why the cheapest option often costs more in the end.
Contractor Accounting Basics
Winning an outside IR35 contract is the start, not the finish. Before the first invoice goes out, a handful of financial and administrative decisions lock in most of the tax efficiency you came here for. This checklist walks through each one in the order you need to act.
Contractor Accounting Basics
The wrong accountant costs a contractor far more than a cheaper monthly fee. A genuine contractor specialist handles IR35 status support, extraction planning around the 2026/27 rate changes, pension strategy and the Managed Service Company risk boundary that a general practice accountant will not even know exists. This guide sets out exactly what to test before you sign.
Contractor Accounting Basics
Switching contractor accountant is simpler than most contractors expect, but the timing and preparation determine whether the handover is clean or creates gaps. This guide covers the professional clearance process, what to gather before you switch, how year-end timing affects the move, and the questions a specialist firm asks that a generalist never does.
Contractor Accounting Basics
The Managed Service Company legislation in Chapter 9 ITEPA 2003 is a separate and often-overlooked risk for limited company contractors. Unlike IR35, it does not require a status test to apply, and unpaid tax can become a personal debt. This guide explains how the legislation works, what makes a company an MSC, and why the accountancy carve-out in section 61B(3) matters when choosing how you run your PSC.
Contractor Accounting Basics
Going limited is a sequence of practical decisions, not a single form. This guide walks through whether a personal service company is right for you, how to incorporate at Companies House, which tax registrations you need, and the financial setup that follows, with 2026/27 figures throughout.
Contractor Accounting Basics
A contractor accountant is a specialist who works exclusively or primarily with limited-company contractors, umbrella workers and freelancers. Their knowledge of IR35, off-payroll rules and PSC tax planning goes far beyond what a general practice firm offers. This guide explains what they do, how they differ from a generalist accountant, and how to know whether you need one.