IT Contractor & Freelancer
Contracting is a great idea, it offers a degree of freedom and autonomy. We at Siddiqui & Co understand that consultants and freelance professionals also face their own unique set of challenges.
Not least of these is the intermediaries legislation, commonly known as ‘IR35’. The aim of IR35 is to prevent employers from deliberately engaging employees through a limited company (or partnership), thus reducing the tax and national insurance bill. However, the legislation governing IR35 is notoriously complex and can be something of a minefield for genuine freelancers.
Siddiqui & Co provides specialist accounting and advisory services for consultants and freelancers, which cover such areas as:
- Dealing with IR35
- Completion of VAT returns
- Year end accounts
- Payroll
- Annual Returns
- Dealing with expenses
- Choosing the most appropriate trading structure
- Credit management
- Dealing with HMRC
- Up-to-date tax advice and strategies
- Business and personal tax advisory services