accounting designed for today's contractors
specialist setup & support for limited company contractors
Whether you’re working inside or outside IR35, it’s important that your limited company is structured correctly and your day-to-day processes reflect how you operate as a professional contractor. We help ensure your business practices are aligned with HMRC expectations, giving you clarity, confidence and the right level of support for your working arrangements.
We ensure your limited company is managed professionally, tax-efficiently and fully compliant. Whether your contracts fall inside or outside IR35, we provide ongoing support with everything from day-to-day accounting to long-term tax planning, financial optimisation and smart exit strategies. Our goal is to give you clarity, confidence and a solid financial foundation as your contracting career develops.
IR35 safe Limited Company setup & support
We guide you on allowable expenses, keep your bookkeeping organised and help you maintain clear, accurate records. You’ll also receive practical advice on avoiding common contractor issues and keeping your business running smoothly and compliantly.
Our aim is to ensure your company operates professionally and tax-efficiently. With our ongoing support and planning, you can manage your contracting business with confidence, whether your contracts are inside or outside IR35.
planning dividends throughout the year
tax-efficient salary and dividend planning for contractors
One of the biggest advantages of working through a limited company is being able to pay yourself using a mix of salary and dividends. When this is planned properly, it helps you stay tax-efficient and keeps your contractor business running smoothly.
We guide you on choosing the right director’s salary and help you plan your dividend withdrawals so you always know how much you can safely take from your company. You’ll also understand how each payment affects your tax position and your company’s finances, with clear explanations every step of the way.
With simple, structured salary and dividend planning, you can maximise your take-home pay while keeping your limited company healthy, compliant and well-managed. Our ongoing support makes it easy to stay in control of your finances throughout the year.
clear and simple VAT support for contractors
VAT can be difficult for contractors to navigate, especially when deciding between the Standard VAT Scheme and the Flat Rate Scheme (FRS). Each option affects how much VAT you pay and how your cash flow works, so choosing the right one is important. With MTD rules and regular deadlines to consider, it’s easy to feel unsure about what’s best for your business..
we’ll assess whether the flat rate scheme is still beneficial for your industry and explain the financial impact in clear, simple terms.
✔️If it becomes more efficient to switch schemes, we’ll guide you through the process and help you make the right choice for your contractor business.
✔️ We ensure you meet all Making Tax Digital (MTD) rules, including using the correct software and keeping digital VAT records up to date.
✔️ Our service includes managing your VAT deadlines, digital recordkeeping and quarterly VAT submissions, so everything is filed accurately and on time.
✔️ We help you avoid common VAT errors, incorrect claims and mistakes that could lead to HMRC penalties or unexpected tax bills.
bookkeeping & expense tracking for contractors
We provide complete bookkeeping support designed specifically for contractors and small limited companies.
✔️Monthly or quarterly categorisation of your income and expenses
✔️ Regular financial updates to show how your business is performing
✔️ Clear advice on allowable contractor expenses, so you never miss a claim
✔️ Accurate bank reconciliation, ensuring your records match your statements
✔️ Straightforward summaries that make year-end accounts simple
With your bookkeeping handled professionally, you can focus on your contracting work without worrying about admin, missing receipts or errors. Everything stays tidy, accurate and tax-ready, helping your business stay compliant and financially stable all year round.
annual accounts
year-end accounts & corporation tax
As a limited company contractor, preparing year-end accounts and staying compliant with HMRC and Companies House is essential. These tasks can be complex and time-consuming, especially if you’re juggling projects across London or the UK. We take care of everything for you, ensuring your accounts are accurate, compliant and submitted on time.
With proactive planning and expert support, your company stays compliant, organised and financially efficient. You always know what’s due, when it’s due and how your business is performing, giving you complete confidence in your year-end obligations.
remote accounting that fits the way contractors work
Contractors need flexibility — and your accountant should offer the same. Our fully remote accounting service is designed for contractors working in London and across the UK, giving you expert support wherever your projects take you. You get fast communication, secure digital tools and easy access to everything you need without the limitations of traditional in-person meetings.
Wherever you work — on-site, from home, in a coworking space or across multiple locations — we’re here to keep your accounting compliant and stress-free. With our remote approach, you always have a specialist contractor accountant by your side, helping your business stay organised, efficient and ready for growth.
book your free consultation!
friendly, supportive & contractor-focused
If you want stress-free accounting, clear advice and an accountant who understands how contractors work, we’re here to help. Contact us today for a free, no-obligation chat and let’s get your limited company running smoothly, efficiently and with complete confidence.
why choose even solutions accountancy?
FAQ for contractors
_edited.png)
Do I need a limited company to work as a contractor?
Many contractors choose to operate through a limited company because it offers greater tax efficiency, credibility and control. However, some may prefer working as a sole trader or through an umbrella company. We help you understand which business structure suits your contracting work, income level, and long-term goals. As a contractor accountant, we explain the tax implications, responsibilities and benefits of each option so you can make an informed decision.
What expenses can limited company contractors claim?
Contractors can claim a variety of allowable business expenses, including travel costs, equipment, software, training, home-office expenses, mobile phone usage, professional indemnity insurance and accountancy fees. We provide clear guidance on which expenses are fully allowable, partly allowable or disallowed — helping you stay compliant with HMRC while maximising your tax savings.
How do salary and dividends work for contractors?
Most limited company contractors pay themselves using a mix of director’s salary and dividends, which is often the most tax-efficient way to draw income. We help you set the correct salary level, plan dividend withdrawals throughout the year, avoid over-drawing funds and understand how each payment affects your limited company and personal tax position.
What information do I need to provide?
We’ll need a few basic details such as your business name, address, UTR (Unique Taxpayer Reference), Companies House details (if you run a limited company), and any recent accounts or tax returns. If you don’t have all of this on hand, that’s okay — we’ll help you gather what’s needed.
Do contractors need to register for VAT?
Many contractors benefit from VAT registration, especially if they work with VAT-registered clients. You may qualify for the Flat Rate Scheme (FRS), which can improve cash flow and increase take-home pay. We assess whether the Flat Rate or Standard VAT Scheme is best for your contractor business, manage VAT registration and ensure full compliance with Making Tax Digital (MTD) requirements.
Can you help with both inside and outside IR35 contracts?
Yes — we support contractors working inside IR35 and outside IR35. We advise on how your IR35 status affects salary, dividends, allowable expenses and tax planning. We also help ensure your limited company records, contracts and financial practices remain compliant and professionally managed.
What records do contractors need to keep for HMRC?
Contractors must keep accurate records such as invoices, receipts, bank statements, contracts, payroll records, dividend paperwork, and company documents. We make this easy by helping you store everything digitally with organised bookkeeping systems that support both HMRC compliance and efficient year-end accounts
How do I know if I’m taking the right amount of dividends?
Taking too many dividends can lead to issues such as a director’s loan balance, additional tax charges or HMRC enquiries. We track your retained profits and advise exactly how much you can withdraw safely. Our contractor accounting service ensures your income planning is tax-efficient and compliant.
Can I switch to Even Solutions Accountancy from another accountant?
Absolutely. Switching to a new contractor accountant is simple. We handle the entire handover process, contact your previous accountant, request all required documents and ensure a smooth transition without any disruption to your accounts or tax filings.
