If you’re a contractor looking for a contractor accountant, you may have noticed there is plenty of choice. However, who is the best contractor accountants and who should you trust to provide you with accurate and compliant advice? We’ll summarise some of the key service attributes you should be looking out for when trying to identify the best contractor accountants in the UK market.
There are plenty of contractor accountants on the market, but not many of them can boast a long and successful history. When you are deciding who the best contractor accountants is, it is a good idea to choose a company who has a long record of successfully and compliantly providing their service within the UK.
Churchill Knight & Associates Ltd was founded in 1998 by John Payne (an IT contractor) and his wife Louise. Since the first day of operation, we have helped over 20,000 contractors with their payroll.
Levels of service
Every contractor is different and therefore not every accountancy service will be suitable for all. When you are trying to identify the best contractor accountants, have a look and see what packages they have available and whether or not there is room for flexibility. For example, if you are completely new to contracting and will require advice with every section of running your own limited company, you will require a comprehensive service. On the contrary, if you are an experienced contractor who doesn’t need a fully loaded service, you won’t want to pay for extras that you do not require.
Also, you may be better off using an umbrella company – either permanently or temporarily. Is the contractor accountant able to offer you trustworthy advice and an umbrella payroll service if you require one?
Churchill Knight has multiple accountancy packages for you to choose from, starting from only £95 per month (ex VAT). We also have a PAYE umbrella company (Churchill Knight Umbrella) – if you are better suited to it. Call us today on 01707 871622 or use the contact form on this page to arrange a free consultation to discuss your individual requirements.
Operating compliantly and paying the correct amount of tax and National Insurance contributions is critical. You must make sure the company you deem as the best contractor accountants is not facilitating tax avoidance and is operating in full compliance with HMRC.
Churchill Knight has never offered or promoted a tax avoidance scheme and we never will. Since the first day of operation in 1998, compliance has always been critical to the way we operate and the advice we pass on to our contractors.
Only the best contractor accountants on the market will be accredited by reputable industry bodies such as Professional Passport and APSCo. Make sure when you are researching your potential accountant’s accreditations that they are issued by a trustworthy and well respected body. There are some industry bodies who claim to be reputable when in fact an accreditation from them is actually meaningless (they waiver any responsibility for companies they accredit, for example).
Churchill Knight is accredited by Professional Passport (both accountancy and umbrella) and undergo an annual audit to ensure we’re operating in full compliance with HMRC legislation. We are also accredited by APSCo and TEAM.
Who are the best contractor accountants?
If you’re looking for the best contractor accountants out there, a great place to start would be contacting Churchill Knight on 01707 871622 or using the form on this page. Over the last 20 years we have built up a great reputation within the industry and can provide you with professional advice to successfully contract through a limited company (whilst maximising your take-home pay) or an umbrella company.