Contractor Services

Do you need an extra pair of hands to manage your finances?

Accountant for Contractors in Durham

At Avery Martin we offer outstanding accountant services for contractors in Durham. If you are self-employed, freelance or a consultant running your own business, then please get in touch and we’d be delighted to help.

Practical, no-nonsense advice

Whether you are just starting out by yourself, looking to set up a limited company, need a specialised IR35 contractor accountant, or just wanting a friendly voice to answer your questions, then we can help. Our team of experts will guide you through all the legal and financial requirements, leaving you free to focus on growing your own business.

At AM we support a whole host of contractors across the North East along with those working further afield. We cover clients working in construction, Offshore Industries, IT Contracting & Freelancers along with those working in the medical professions as locums.

Whilst many firms have used various umbrella set ups for this type of operation we have always advised our clients to trade as a Limited Company to provide them with a robust and tax efficient platform to trade from.

We operate a fixed fee contractor package in partnership with specialist software provider Freeagent

I was badly advised when I first set up my electrical company as was told to take a large salary out of the business which meant I paid a lot of PAYE up front along with the CIS payments I was suffering on my income. This left cash flow very tight and it was difficult to meet my obligations for other taxes. Glenn restructured the company switched my drawings to dividends and not salary and also managed to get the company onto gross payment terms for CIS. This turned the company around and allowed us to take on bigger more profitable contracts. Glenn is always available to take calls out of hours and visits me in my home to discuss any issues I have over a coffee. They have had a big impact on the success of my company and would certainly recommend them to others.

D Atkinson

Working with Qdos Contractor business insurance

Qdos Contractor is a leading provider of contractor services, from insurance products including Professional Indemnity and Liability insurances, to IR35 specific services including comprehensive contract reviews, advice, and tax insurance products. Qdos has a strong reputation in the contracting community for their IR35 expertise, having defended contractors in IR35 enquiries since the legislation was introduced.

Qdos Contractor has provided contractors with expert IR35 advice and investigation defence since 2000, complemented by the provision of market leading contractor insurance, contract reviews and tax insurance.

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Construction & Offshore

We support many construction based contractors whether taxed under CIS or through their personal service company (PSC). Many workers in this sector have been working under an umbrella set up which we do not support and prefer a PSC as more robust trading vehicle.

Obtaining CIS refunds can be a time consuming pursuit, we therefore encourage our CIS contractors to have their refund claims submitted by the end of June, in order to the refunds due on a timely basis.

IT Contractors

The freelancer and IT contractor market has exploded in recent years and the North East has fantastic local talent in this field. Whilst there are several on line only accounting firms who operate in this sector we feel we offer a more personal service to our contractor clients for a fair price, and do not deal with clients in a “call centre” style.

You will also find our Freeagent software takes all the sting out of your paperwork and deals with invoicing and expenses recording in a relatively painless fashion allowing to get paid on time, reduce your admin time and hopefully have more fun, whilst we deal with all the boring accounts stuff. We also love guys with beards who create design good stuff.

Medical professionals

If you are a Doctor, Dentist, Pharmacist or other Medical Professional carrying out Locum work alongside your NHS day job you need to speak with us. Working through an agency or umbrella company can seriously bad for your financial health and reduce your take home fees, and therefore we would recommend your own

PSC as a much better way to carry out your contracts. We provide a full all-inclusive package including free company formation to allow you keep more of the money you earn. There are significant changes to agency and umbrella rules coming in mid-2015 so if you are concerned about how the planned changes may affect your current operation you should contact us to see if we can help.

We operate a fixed fee contractor package in partnership with specialist software provider Freeagent

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Invoices that send and chase themselves

FreeAgent online accounting software brings everything together

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Hassle-free expense tracking

FreeAgent lets you set up recurring invoices that can send themselves automatically

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Fill and file your tax return

Simply snap a pic of your receipt with your phone, upload it into FreeAgent and never forget to record an expense again

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Automatic Bank Feeds

As you go about your daily business FreeAgent works away, calculating your Self Assessment liability

Packages to suit your needs – From as little as £85/month

We offer a range of different contractor accountancy packages to suit your individual needs, from one off business set-up consultancy, to all-inclusive financial management.

Contact
Contact
Address: Gainford House Picktree Lane Chester le Street Co Durham DH3 3SR
Phone: (0191) 389 5812