Outsourcing has become the norm in most industries, and with so many contractors servicing a range of industries, there are tailored accounting solutions from specialist accountants who only work with contractors. Forging an alliance with the best accountants in East London allows you to focus on helping the business to grow, and with services that are tailored to your industry, such as:
- Managing and Claiming Business Expenses – Travelling costs are usually billable, and your accountant can handle this side of the accounts.
- Taxation Advice – The accountant will know the best way to take maximum advantage of taxation laws, which will certainly help as your business grows. If you are employing people, your accountant can handle your employer obligations, leaving you free to focus on providing the best service for your clients.
- VAT Returns and Guidance – This is something that every contractor has the have, and it can be a complex aspect that many people find troublesome. Your accountant will always have tour VAT Returns ready on the required date, so you won’t incur any penalties.
- Cloud Accounting Solutions – This allow your accountant and you to access all your data from any location and at any time. This saves the accountant time, and, of course, time is money.
They also offer a registered office service, which can save a small contractor a significant amount of money, while promoting the right image. By forging an alliance with an industry specific accountant, you are free to manage your business, while your accountant handles everything else, and as you expand, he can advise you on the best way forward.
If you would like to talk to a contractor’s accountant, an online search is all it takes.