Expert Contractor Accountants In London
Clear House Accountants are one of the fastest-growing Contractor Accountants in London and the UK. We work with thousands of UK contractors, who mostly work through their own Limited Companies. We enable contractors to reduce tax, fulfill timely compliance, improve savings all the while managing their wealth effectively.
- Contractor Specialists
- IR35 Expertise & Compliance
- End-to-End Accounting Services
- Smart Contractor Extractions
Contractor Accountants that Provide You With
Our professional contractor accountants provide contractors with the resources and strategies they need to grow their contracting business. We have partnered with industry leaders to provide top-tier services unique to the needs of contractors in the UK.
We provide reliable and trustworthy services in the following areas of expertise for contractors.
- Dedicated Accountant Assigned
- Timely Accounts and Tax Returns
- Innovative Digital Solutions
- Strategies & Advice for a Better Future
- Regular Accounts Health Checks
- Fixed Fee
- Much More
Contractor Accountants
Our Services For UK Contractors
Accounting Services
We provide expert accounting services for contractors, ensuring improved financial health and full HMRC compliance.
Business Support
We offer budgeting, forecasting, and financial planning, along with contract reviews and company formation advice. Everything a contractor needs to stay ahead of the game.
Business Advisory
Gain valuable business insights and growth strategies with our dedicated business advisory services for contractors.
Taxation Services
With expert tax services for contractors, we ensure you stay compliant, while saving you money, and helping you meet your deadlines.
Payroll Services
Our payroll solutions help contractors process payroll and fulfill HMRC RTI responsibilities. It also enables contractors to process efficient extractions while staying compliant.
Stay Compliant
Comprehensive IR35 Services
Contractor accounting can be complex and uncertain, especially due to the complex IR-35 regulations, challenging company taxation and personal tax requirements. We offer comprehensive IR35 advice and solutions to businesses struggling with the complicated IR35 structure. If you fall within IR-35, we can help you calculate your deemed salary calculation, ensuring accurate PAYE taxation. You will always be on the right side of the complex HMRC contractor regulations.
Whether you are a locum, IT consultant, construction contractor, finance contractor or any other type of contracting professional, we understand the various challenges unique to your industry. Our expertise ensures that you are prepared for all the various scenarios you can come across to help you better navigate these complexities with confidence.
Why Clear House Accountants?As Your Contractor Accountants
As a leading digital accountancy firm, we’ve helped small and medium-sized businesses thrive in the UK. Our expert chartered accountants offer comprehensive finance, accounting, and tax management services, tailored to contractor businesses in the UK. With up-to-date knowledge and tools, we simplify your financial processes, helping you work more efficiently and effectively.
If you are thinking about contracting or are currently working as a contractor, we can offer a comprehensive service built around your specific needs. Our service partner network can further extend our capabilities in helping you grow your contracting business.
FAQs
Most Asked Questions
Our team of accountants have built a robust system of processes to make sure that we add maximum value to our contracting clients. We are sure that contractors can benefit from our tailored accounting services that ensure compliance with Companies House and HMRC, effective tax management, and advice around the problems contractors generally face. Speak to one of our specialists to see how we can assist your contracting business.
IR35, also known as the Off-Payroll Working Rules, is UK tax legislation aimed at preventing tax avoidance by contractors working through an intermediary—such as a limited company (PSC)—who would otherwise be classified as employees.
If your contract falls inside IR35, you will be taxed similarly to an employee, meaning you’ll pay income tax and National Insurance as if you were on payroll.
What’s Changing in April 2025?
The company size thresholds that determine who is responsible for assessing IR35 status will increase.
For medium and large clients, the responsibility to assess your IR35 status remains with them.
For small clients, the responsibility either stays with or reverts to you as the contractor (through your intermediary).
With these changes, understanding your IR35 status is crucial to avoid unexpected tax liabilities.
Yes, the VAT registration threshold for the 2024/25 and 2025/26 tax years is £90,000. If your taxable turnover exceeds this amount, you must register for VAT.
The deregistration threshold is £88,000 for the same period.
Given the complexities of both IR35 and VAT regulations, and their potential significant impact on your business, it's advisable to consult with a Specialist accountant for contractor who can provide personalised advice based on your specific situation.
