ANNUAL ACCOUNTS & PERSONAL TAX RETURNS


Contractax aims to provide personal, friendly, fixed fee accountancy and taxation service for contractors, freelancers and small to medium sized businesses. We have experience of dealing with a wide range of personal clients and small to medium sized businesses.

  • Annual Accounts



    • Preparation and online submission of Final Accounts to HMRC.
    • Preparation of Personal Tax Computations.
    • Preparation and online submission of Personal Tax Returns to HMRC.
    • Notification of your Personal Tax liabilities.
    • Ongoing assistance and advice on maximising tax efficiency.
  • Compliance



    • Registration of self-employment with HMRC to avoid late registration penalty.
    • Registration for Class 2 national insurance to avoid losing state pension rights.
    • Guidance on the most suitable accounting year-end for your new business.
    • Guidance on your basis period for taxable profits.
    • Ongoing assistance and advise on ever changing compliance requirements.
  • Payroll



    • Asses remuneration requirements and advise on tax efficient salary level.
    • Operate monthly payroll for director and provide security payslips.
    • Provide notifications and statutory payroll forms.
    • Notification of PAYE liabilities.
    • RTI Submissions to HMRC.
    • Preparation & submission of P11D if required.
    • Ongoing assistance and advice on Paye As You Earn.
  • VAT



    • Assess the most suitable VAT scheme for your business.
    • VAT registration with HMRC.
    • Preparation and online submission of VAT returns.
    • Notification of your VAT liabilities.
    • Ongoing assistance and advice on Value Added Tax.
  • Ongoing assistance and advice



    • Dedicated account manager Support via telephone, email.
    • Unlimited support via face to face meetings*,telephone and email.
    • Up to date tax calculations and distributable reserves.
    • FreeAgent Software.
    • Online Tax Calendar.