Chartered Accounting Services
In collaboration with our partners, we have collectively accumulated decades of experience in providing first-class accountancy services.
Your Accountancy Partner
We are delighted to offer our clients a full range of chartered accountancy services, specialising in IR35 accountancy services.
With a dynamic approach, both we and our partners embrace the digital world, working closely with clients in near real-time to help them run their businesses optimally. This makes for a clear view of future plans, as opposed to the traditional accounting approach of retrospectively addressing issues.
If you’re seeking an accountancy firm with expertise in making tax digital, a proactive stance, and the ability to handle various tasks, including bookkeeping, management accounts, cloud accounting, and year-end accounts, you’ve come to the right place.
Additionally, we provide assistance to contractors in need of support with their UTR numbers.
Key Features
Financial Benefits
You are able to enjoy all of the tax and financial benefits of self-employed status and send or receive gross payments.
Industry Experts
Our team provides advice and assistance with your tax affairs, tailored to your specific requirements.
Low Cost
There are no excessive charges or costs for establishing, maintaining and working through your own company if required.
Online Management
You can conveniently access your regular statements of earnings and fees, available both through our portal and by email.
Pay As You Go
Administration fees are only charged when you actively utilise our services, ensuring cost-efficiency for all of our clients.
Experience
With over 20 years of experience and in-depth knowledge of the international contracting market, we are well-equipped to assist you.
No Fees
With GlobalPay, expect no registration costs, start-up fees, monthly retainers, or charges to be imposed.
Trust
Your sensitive information and financial matters are handled with the utmost discretion and professionalism.
Helpful Information
What is Contractor Accounting?
Contractor accounting refers to the specialised financial management and tax strategies tailored to self-employed professionals, freelancers, and independent contractors, ensuring compliance with tax laws and optimising their financial well-being. These services are conducted by adept accountants who excel in providing such financial support. While regular accountants have a broad understanding of all tax disciplines, specialist contractor accounting is entrusted to accountants with advanced expertise in the tax matters commonly encountered by freelancers and contractors.
When you're working for yourself, effective financial management becomes paramount, and a dedicated contractor accountancy team guarantees that you receive top-tier support and advice. We understand that the world of taxation can be exceedingly complex. Therefore, you'll want to engage with an accountancy firm (like GlobalPay) who are experienced in dealing with aspects that pertain directly to your unique situation.
Do You Need an Accountant if You're a Contractor?
While there is no legal obligation to do so, hiring an experienced contractor accountant can save you both time and money, allowing you to stay focused on your core responsibilities.
Some contractors find managing their finances easy and prefer handling everything themselves. Others rely on an accountant to navigate the complexities of tax laws and maintain their business profitability, as they lack the time to delve into these intricacies.
Our team can manage all financial aspects for you, ensuring you retain the majority of your earnings and remain in compliance with pertinent regulations.
How Much Does a Contractor Accountant Cost?
The average fee for a dedicated contractor accountant can range from £50 to £200 per month. Costs vary depending on the level of service you require, but, as is often the case, you generally receive what you pay for.
For inquiries or quotes, please don't hesitate to contact our team, and one of our members will be happy to assist you.
Who We Can Help
Our services are not exclusive to any specific sector but below are some of the sectors we regularly help to save money and become more tax efficient.
Seafarers
If you're someone who works on yachts in any position, or perhaps an entertainer or hospitality staff on a cruise ship, get in touch and we will be more than happy to help with our specialised seafarer services.
Oil & Gas
Whether you work up stream or down stream, on the rig or undersea, we have a range of specialist services that ensure you are paying the right amount of tax in the most efficient way - leaving you with more money.
Aviation
Whether you work on land in the maintenance team or up in the air as a pilot or cabin crew, it's important to make sure that you operating in the most tax efficient way. We're here to help make sure you keep as much of your money as possible.
Latest News & Updates
Check out some of the latest updates from our blog below.
Outsourcing with an International Payroll Company
In today’s fast-paced global economy, industries such as oil and gas, energy, aviation, and seafaring face unique challenges, especially in
Taxation Turbulence
In the dynamic realm of aviation, familiarisation with the intricacies of taxation is essential for industry professionals. As they navigate
Double Taxation Treaties (DTT).
A double taxation treaty (DTT) is an agreement between two (or more) nations that lowers the tax liabilities of international