Contractors
Following the end of the Investment Income Surcharge in 1984, one of the partners at Abbingdon Knight saw the opportunity for contractors to benefit from being paid dividends instead of a salary from their limited companies; becoming the first specialist for contractors this innovative approach took the market by storm. Thirty years later and still specialising in this constantly evolving area of financial practice, this work has shaped not only the Contractors team at Abbingdon Knight into an organisation of excellence, offering all the services and more required by the busy contractor; but also has helped shape the Contract market as a whole.
The team, having the experience of dealing with in excess of 10,000 Contractors, are now often referred to by recruiters, high profile end users, organisations and government bodies in all matters Contracting. We are masters of the Managed Service Company legislation (MSC), Agency Workers Regulations (AWR) and of course the type of expenses a contractor can correctly claim without falling foul of the high profile scams of recent years. Our international division are the advisers to the PCG on international contracting, and are active members of APSCo.
You are invited to come and meet with the team who specialise in services to Contractors whether in IT, engineering, petrochemicals, energy, interim management or other areas of specialism. We will demonstrate our depth of knowledge and patient approach, so you can sleep well at night knowing both you and the taxman are satisfied.
At Abbingdon Knight we like to build up a client/accountant relationship with ongoing continuity. Our service is personal, so when you make contact you will be immediately presented with a helpful person who is qualified to assist you; not a sales team or call centre. Especially be aware as to why a company is presented to you on a preferred supplier list of a recruiter. Ensure, like Abbingdon Knight, it is because they are highly rated and efficient and not simply because they have paid the most to be on the list as do many umbrella companies.
We offer a complete accountancy service to the Contractor at a fixed fee that covers you for all contingencies.
We aim to complete accounts promptly and to offer advice and explanations in a way that is clear and easy for clients to understand.
We deal with clients in many other trades and offer advice on how your business should run, financially and in respect of tax matters.
What we offer includes:
- First consultation free of charge
- Explanation and comparison of using Limited companies v Umbrella companies
- Formation of companies and initial set up including registrations, record keeping, tax strategy etc
- Guide to expense claims
- VAT and payroll accounting
- Preparation of company accounts and tax computations
- Processing of self-assessment returns
- IR35 reviews (both contract and practice)
- Mortgage and loan references
- Dealing with HM Revenue & Customs enquiries
- Professional Expenses Insurance
- Service from a convenient West End of London location
- Thirty years professional experience of the Contract market
- Easy payment terms
- Business banking, Professional Indemnity and other insurance requirements, take home pay calculators and lots more
If you have any questions about contracting or require any further advice please contact our new client services team
Contractors working abroad may benefit from our associates services, ITSinternational, www.itsinternational.ltd.uk