Contractors must let HMRC know about all of the money that they have earned as well, as the expenses that they have incurred, through an annual self-assessment tax return.
Contractors can claim for expenses and our contractor accounting experts can help ensure that your return accurately reflects the expenses that you have had to incur,thus minimising your tax liability.
Specialist Accountants for Contractors
We only work with individuals like contractors. Unlike other accountants who work for contractors, we don’t look after large companies and so can remain totally focused on you. We’ll talk to you about your unique financial situation and figure out exactly what expenses you should be claiming for. One of our dedicated accountants will talk you through everything to ensure that you’re not missing any ways to reduce your tax liability. After gathering information from you, we’ll fill out the tax return and submit it online to HMRC.