When starting out on your contracting career there is so much to organise – contracts to be secured, equipment to be purchased, networking, brushing up on your speciality skills all of which takes up a huge amount of time leaving the organisation of your own limited company little time to research and get set up.
Your limited company is a legal separate entity and as such there’s quite a bit of paperwork to set it up as well as run it properly. It will be subject to a raft of legislation, which is subject to change and reporting deadlines to meet. Late submission of VAT returns and statutory returns come with penalties and keeping on top of these deadlines is one of the things small businesses find hardest to manage. Working with an accountant who will ensure returns are in by the deadline, statutory reporting is filed, financial commitments are met and that the limited company is in the best possible shape is a precursor to a successful contracting career. To find an accountant that does all this but understands the contracting world and can give you independent guidance on the legislation that affects you, namely IR35, will give you peace of mind and the head space to focus on your contracts. This is what Pulse Accounting aims to do with its Go Limited package.
Small Business Insurance
We specialise in offering accountancy services to UK based contractors and freelancers. We’ve been looking after the business affairs of contractors and freelancers since 2009 and have a firm handle on what services you need and when. Contractors don’t run businesses like everyone else and we know exactly what you want, when you want it and how you want it. This makes us the perfect choice for a busy contractor like you, regardless of your occupation or what industry you’re working in.