Whether you have your own limited company or you’re operating as a small business owner, you need to set up an efficient system to track business transactions and do your tax filings.
Here’s a comparison of the 8 best accountants for freelancers in the UK:
Based in Westcliff-On-Sea, ARB Accountants is a firm that provides a wide range of accountancy services, including specialized packages for freelancers. Their chartered accountants help freelancers file self-assessment paperwork, manage tax filings and more. Most importantly, their accounting services include a fixed fee that’s fully transparent, meaning you won’t come across any surprise expenses.
ClearSky specializes in contractor accounting and helping freelancers set up a limited company to manage their finances in a tax efficient way. They offer multiple accounting packages including basic support with a self-assessment tax return, higher-level support with up to £20m business insurance, pro-active support with monthly calls with your accountant, as well as the all-inclusive executive package.
SG Accounting offers services for both Limited and Umbrella Companies. They offer an initial tax planning meeting where freelancers can learn how things will be managed by this accounting service. Although they have offices in Hampshire and London, SG accountants travel around the country to meet their clients.
Gorilla Accountants offer specialized accounting services for freelancers and startups. With award-winning Freeagent bookkeeping software and unlimited advice on a daily basis, Gorilla Accountants offer on-going support for all your accounting problems. What’s interesting about this accountancy firm is their client service guarantee where they promise to pay clients £50 if they don’t respond promptly to inquiries sent before 3 PM.
Aardvark accounting is a small team of contractor accountants offering personal accounting services along with Freeagent accounting software. They have three all-inclusive monthly accounting packages designed specifically for contractors, including a few extras you can add to your plan.
Fusion Accountants serve hundreds of freelancers and provide simple accounting and tax services for contractors in different industries. The variety of fixed monthly packages allows you to choose the best plan for your needs so you don’t have to pay for services you don’t need. On top of that, Fusion Accountants work with premium accounting software including Xero and Quickbooks.
Crunch Accounting offers expert advice and services from certified accountants for freelancers, as well as simple accounting software you can use on your own. They offer 24/7 access to your account online, as well as support via phone number. When it comes to pricing, Crunch Accounting offers plans for sole traders, LTD companies, and small businesses.
Last but not least, KashFlKow offers simple accounting services with a focus on direct VAT filing as their unique selling point. They make filing for returns simple and easy to accomplish. Besides typical accounting, their services include stock management, invoicing, and integration of payment card processors.
Your best bet at managing administrative tasks is to hire specialist freelancer accountants with years of experience in this field. A dedicated accountant will help you take care of personal tax responsibilities, tax planning, and VAT returns.
Having expert accountants at hand is much more reliable than using an online accounting software such as QuickBooks and similar tools. Sure, a bookkeeping software can come in handy if you want to run every aspect of your freelance business on your own.
However, hiring an accountancy firm will take more weight off your shoulders and allow you to focus on bringing cash flow into your business.
Instead of struggling with bank account management, business expenses, and corporation tax laws, set up a free consultation session with one of these services to get expert advice and choose your accounting package.
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