Accounting for Consultants and Freelancers
At Cottons Chartered Accountants we combine smartphone accessible, cloud-based bookkeeping software with robust accounting services and quality tax advice to provide consultants and freelancers with everything they need to manage their records and operate in the most tax-efficient manner.
Individuals providing their services on a freelance or consultancy basis and invoicing as a sole trader or through a Limited Company require bookkeeping solutions which are quick and easy. They also require tax and accounting services which ensure tax computations for self-assessments, corporation tax and VAT returns are managed effectively.
Consultants and freelancers can be found in all industries but are universally united by their fundamental structure which, as a rule, is a high volume of income with a low number of transactions. For this reason, consultants and freelancers are working smart when it comes to the accounting solutions they need.
By offering our freelance and consultancy clients with cloud-based bookkeeping software and access to a dedicated accountant we bridge the gap between employing a knowledgeable accountant and using online accounting services to ensure contractors can enjoy the best of both worlds.