As a IT contractor, you want to keep track of your profits and be ready to take on the next project without having to worry about your accountancy needs.
Truway Accounting offer a simple to use online facility with our Online Accounts package to keep you abreast of your invoicing and allow bookkeeping to be an integral part of your business.
If you are new to contract work then we can set up the following for you:
We understand that the needs and requirements of each contractor is unique. Our goal is to provide you with best accounting solution suitable for your business needs. Whether you are recent contractor or an established company we examine your business needs and work with you to give to the best accounting, payroll and bookkeeping solutions.
We realize how intimidating it can be to take the first step towards contracting. That is why we are here to assist you. Our qualified accountants has helped thousands of IT contractors in developing their businesses, achieving their financial and personal goals, and increasing their contract revenue. With our mission driven approach to bookkeeping, payroll, tax and accounting, you'll always get direct, honest advice when you need it.
If your organisation wants to hire independent contractors or temporary workers, an umbrella company may seem like a smart choice to investigate.
The PAYE Umbrella company serves as a go-between for the contractor and the recruiting firm (or the end client).
PAYE – which deducts necessary taxes, national insurance payments, and pensions before paying the contractor — is used by umbrella firms to handle payroll.
Contractors can be set-up immediately under the PAYE Umbrella Company
A Personal Limited Company is a legal entity independent from an individual shareholder and Director, with the shareholder only liable for the company's obligations and liabilities up to the amount of their unpaid share capital. With the exception of severe circumstances when Directors are suspected of trading irresponsibly, personal assets of directors or shareholders cannot be seized to pay off Company obligations.
An Director Umbrella Company is a quick and easy accounting solution that enables professional contractors to start working as self-employed contractors the same day.
You get practically all of the benefits of being a director of a limited company without having to pay the same amount of money and time to set up your own limited business.
You have the flexibility to come and go from the organization as needed. It's completely free to join, there are no exit costs, and you only pay for the months you work.
Latest news