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Accounting services for limited company contractors

We offer two accounting services tailored to suit the needs of professional contractors working in the UK who want to ensure they operate in the most cost effective way.

Sign up.

We will incorporate your limited company and set you up on our online system. If you already have a limited company, we will ensure it is correctly registered.


Open a bank account.

Our partners at Tide can arrange 12 months free banking for you, or we can arrange your appointment with HSBC or Metrobank to help you open a business bank account quickly and smoothly. Of course any other bank will work fine too.


Get working.

Our setup is quick and easy so that you can start contracting right away. And don’t forget our great referral discount!

Service #1Using this service you will be actively supported and have access to up-to-date financial information. Raise your invoices and record your expenses online, while we complete your bookkeeping every month to ensure all transactions are correct and accounted for.

  • Our most comprehensive service
  • Meets all statutory reporting
  • Live Profit and Loss account
  • Accounts reconciled monthly
  • Track your personal tax position
  • Regular auditing of expenses & invoices
  • Monitor personal tax thresholds
  • VAT registration/reporting available
Our comprehensive package
£105monthly (+VAT)

Service #2For contractors who like to keep track of their own financial affairs. Not only will you raise your own invoices and expenses online, you will also complete your own bookkeeping. We check things for you once a year.

  • Our basic service
  • Meets all statutory reporting
  • Live Profit and Loss account
  • Annual auditing of expenses & invoices
  • Track your personal tax position
  • VAT registration/reporting available
Covers the
£75monthly (+VAT)
  Service #1 Service #2
Use our acclaimed cloud-based accounting software - we made it ourselves :)
Free limited company formation (subject to our our fair use T&C's)
Monthly bookkeeping work by us
Regular auditing of expenses & invoices
Personal earnings updated/confirmed by us to help you monitor personal tax thresholds
Monthly PAYE payroll and RTI filing to the HMRC **
Submission of your annual Confirmation Statement to Companies House
Unlimited phone and email support for all accounting/tax matters
Unlimited face-to-face meetings
We are your registered office with Companies Houuse
Dealing with general HMRC and Companies House enquiries
LIVE Profit & Loss straight from your homepage
Completion of year end accounts and company tax returns
Electronic filing of approved annual accounts/company tax returns to HMRC and Companies House
Plus loads of other things like address changes with Companies House, mortgage & tenancy references, completion of National Statistical Office questionnaires *
VAT registration and quarterly VAT returns if requested or required (inc flat rate VAT - no additional fee charged)
Preparation and submission of your personal tax return (see conditions below)
On-going advice and support to minimise your personal tax
No minimum contract, and no exit charges if you leave our service
 * For Service #2 clients only. An additional fee may apply if your online account is not reconciled up to date. Sign Up Sign Up
Getting the most of our service

Getting the most from our service

Switching to us

If you are not completely satisfied with your current accountant, we would welcome the chance to impress you with our service. You will be assigned your own accountant, who will run your company through our own health check system, to understand any quirks and issues you may have. They will also be able to answer any questions. We do not charge a fee for switching your company accounting work across to our service. However, if your company year-end falls within 3 months of you moving to our service, there may be a one-off fee for us to complete your annual accounts and corporation tax return. We will always advise you of any additional fees before progressing.

Accounting fee holiday

We recognise that there is the possibility of extended periods between contracts, or that some contractors like to plan extended holidays after finishing long or exhausting contracts. For this reason for every full month you are not contracting (up to 6 months!), we will not charge you our monthly accounting fee. Please note, to take advantage of this fee holiday you need to make sure you inform us before these periods commence. So if you take a one and a half month break, you will save one month in accounting fees, and if you take a three and a half month break you save three months is accounting fees. We will however continue to monitor your account to ensure all statutory filing/payment deadlines are met. If this period of non-working extends beyond 6 months, please refer to our 'Non trading' section under 'The Finer Points About Our Fees' below.

Referral discounts

We offer a 10% discount on our rates for each new customer you refer to our accounting service. This discount applies from the first month that we receive a full monthly fee to the last month we receive a full monthly fee from your referral.

This is a great way to get even better value from our accounting service, if you refer ten or more clients to us you pay us nothing. We have found this referral incentive scheme to be extremely popular with our clients with a significant number enjoying a 10-20% discount off our standard monthly charges.

Closing down your company

If you decide to leave contracting and want to close down your limited company, we can take care of the entire process for £175 (+VAT). We will prepare all the required documents and forms including your final trading accounts, your final corporation tax return, PAYE return, and applying to have your company struck off the register at Companies House. Please note if you are closing down your company our monthly accounting fee stops in the last month that your company trades. Regardless of the number of days you trade in the last month, the final monthly fee is payable for that month in full.

The finer points about our fees

We're not in the habit of hiding fees or adding small print to our service. Here are the additional costs you need to know about.

Company formation

£FREE. However, please check our T&C's here as a couple of very reasonable conditions apply.

VAT registration and administration

£FREE VAT registration and administration. We don't offer this as standard for our clients, but all you need to do is ask to be VAT registered :)

Service #2 clients only

If you have made mistakes with recording/reconciling your company financial transactions and require our assistance to rectify this, or require us to reconcile your account for other reasons, an additional fee of £10 + VAT will apply for every calendar month of transactions that we remedy.

Fee for additional working Directors

If there is more than one actively trading Director through the same limited company, there will be an additional fee due. This additional fee will be 40% off our normal full monthly fee rate, and applies while there is one working Director paying a full monthly fee (and if this Director is no longer due to pay us a full monthly fee, the 40% discount is removed to ensure there is always at least one Director paying our normal full monthly fee). Both parties can get a referral discount for referring a friend, and it will be the same, based on the full monthly fee due. Remember, the more friends you refer to our services, the cheaper your accounting fee will be!

** Payroll fee for additional employees

Where there is more than one additional employee in the limited company, we charge £15 + VAT, per additional employee to run the monthly payroll.

Personal self-assessment tax return

£FREE so long as (a) we receive all of the information we need by 31 October following the end of the tax year, (b) You are a FULL fee paying Director of your company as at 31 Mar of the tax year.

If your personal income also includes sole trader/partnership income, non-domicile related income, or rental property income, an additional charge of £50 + VAT is payable. If we do not receive all the information we require before 31 October, an additional fee of £50 + VAT will be payable. In addition to these fees, if you sign up for our personal tax return service after 31 Dec of the following tax year, our January surcharge fee of £75 + VAT will also apply. And if you are not a client as at 31 March of the tax year in question, an additional fee of £75 + VAT will apply.

Switching to our Accounting service

£FREE, provided your accounts are up to date. If they are not, and we need to complete some work for you to get you up to speed, we'll provide you with an absolutely free quotation on how much this will cost. Costs vary, but we love getting new customers, so we avoid charging where possible. Please note: while we do not expect any fees for switching over to our services, the first monthly fee is due on your transfer date, and we will not start processing your information before this fee is paid.

Closing down your company

As an existing client we charge a one-off fee of £175 + VAT (plus a further one-off £10 charge is payable to Companies House when we apply to close down your company).


If your company stops trading (and you want to keep it) we will continue to provide our usual accounting services for up to 6 months free! If however you require our support to continue after 6 months, then the following fees will be due (a) single payment of £150 + VAT for the six month period just elapsed, and (b) an on-going monthly fee of £25 + VAT.

Confirmation Statement

Companies House charge of £13 (no VAT) - this fee is required by Companies House when submitting your CS. We make the payment on your behalf when we file your CS, but you will need to reimburse us the £13.