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BECOMING A CONTRACTOR

BECOMING A CONTRACTOR

If flexibility is what you are looking for, then contracting may be ideal for you!

Many companies like to use contractors and the contractors are no different because they offer more flexibility than permanent staff; can provide specialist skills necessary for a particular project and offer flexibility rather than permanent long term employment.

Contracting can be done in almost any industry, any sector whether public or private,however, the following are quite popular;

  • IT contractors (in any industry)
  • Engineering contracting
  • Financial industry contracting
  • Project managers
  • Legal counsel contracting
  • Change management contracting

In fact, there is a huge demand for contractors, not only in the UK but in many other countries.

If you find contracting attractive and feel that it’s right for you the first of all spend some time to understand whether there is a market for your skills as a contractor, the types of contracting opportunities available, whether you are suitable for them, and how much you could earn.

Then you need to direct your attention to securing a contract.

HOW DOES IT WORK (WHAT’S INCLUDED)

  • Extra support for first time contracting
  • Umbrella vs Limited Company detailed analysis
  • Assistance with initial registering
  • A to Z of compliances including year end accounts, taxes and online filing
  • Help maximise your take home pay
  • IR35 compliance
  • Dividend planning and documentation
  • Expense claims
  • Help with Self–Assessment tax returns 
  • Short term and long term planning
  • Deal with HMRC on your behalf

BENEFITS OF OUR COMPANY FORMATION SERVICES

We are your AIMS Business Partners, we assist you at everysingle of contracting and provide our full support throughout the process;

Benefits of using AIMS Business Partners are;

  • Specialist advice on contractors working in public sectors
  • Optimal salary structure
  • Optimal profit extraction structure
  • Free online portal
  • Advice on company’s assets and benefits (cars, insurances and subscriptions)
  • In-depthexpense/allowance system
  • Expert guidance throughout the process
  • Liaising with your Agency on initial contract (IR35 manual review)
  • Extensive mid-term and long-term planning
  • Business and tax advice
  • Work with our specialist Chartered Accountants
  • Complex tax issues expertise
  • Efficient and in-depth examination of your accounts

WHAT NEXT

We have made it so simple

Initial Meeting (Call us, Meet us, E-mail us)

With our initial discussion, we assess your requirements and have a good idea of your Tax, Compliance & Payroll needs, we also provide you with our advice or a second thought on your ideas.

We can talk through all the available options suiting your business needs

 

Available Options

Once you are happy with the options and decided what best for you, for example, our business growth package, management reporting, credit control services. We agree on the frequency of reporting and deliverables. And then get sthe system set-up and ready for you.

 

On Hand Support

That’s all about it and you are now up and running. We spend time with you to make sure that we make it as simple as possible, we do not deviate from your existing system and apply our change management strategies to ensure everyone in your team is on board.

This starts the era of our ongoing support and business growth research, therefore, you get the best from our services.

 

Timeframe

The whole process should not take longer than a week, in some cases, we are happy to commence work from the very next day!

Switching to us:

We can understand the pain of switching a supplier, however, it is not at all like the switching a broadband supplier. In case have an existing accountant, our support process, will make it seamless. You offer a big thank to your previous accountants and we collect all the information on your behalf.

 

Get in touch:

Contact either Awais – awais@accountancymanagers.co.uk or Tania – tania@accountancymanagers.co.uk and we will arrange to chat to you first, send you more information on our services and set up an introductory free consultation.

During this consultation, we will apply our work principles, identify structure, growth opportunities, provide

Our guarantees:

Only at the end of this consultation and only if we BOTH see the value in working together for your contracting business, will we make a decision.

We guarantee;

  1. We’ll complete your work within the set deadlines as agreed in our meeting
  2. We’ll save your taxes
  3. Improve your wealth

For further details, please contact us.