Thursday, 24 May 2012

Contractor Accountants


A contractor accountant provides accountancy services to contractors and freelancers while saving you as much money and time as is possible.  Running a business can be very stressful and a contractor accountant will make life a lot easier by removing the day to day worries you have as a business owner and taking on those tasks that can make the decision to run your own business a difficult one.  A contractor accountant will provide you with more leisure time by reducing the time you need to spend on administration tasks.

To save your business money using the services of a contractor accountant is a great idea. Of course, accountants do not come for free, but a little investment can go a long way.  When you balance out the savings a contractor accountant can make for you, it is well worth using their services.  A good accountant will help you with tax consultation, VAT registration, VAT returns, company formation, company dissolution and much more. Using a the services of a professional contractor accountant is the best way to reduce the amount of tax are liable for and they will know all the various things you can claim for to reduce your tax bill while still operating within the law.

A reputable contractor accountant should offer several levels of service, dependant on what you are looking for.  Your accountant can take care of your entire day to day book keeping and submit your accounts at year end to HMRC.  If this is what you need you will need to make sure you keep hold of all your invoices and receipts so you can hand them over to the accountant.  You may want to do the book keeping yourself and just submit your accounts to the accountant in order for them to complete the necessary paperwork.

Source your accountant as locally as possible.  By doing this you will be able to arrange meeting as and when they are necessary without having to do unnecessary travelling.  Talk to other businesses in your local area as word of mouth can be a valuable reference.  The internet has become one of the speediest resources for finding any kind of service you may require.  Carrying out a search is easy as the internet is so accessible. 

A great contractor accountant established since 1999, based in London is K&B Accountancy Group.  They currently provide thousands of contractors and freelancers with safe and legal ways to make as much money as possible. They offer an umbrella company service, limited company accounting and sole trader accounting as well as free personal tax planning.  Visit their website www.kbaccountancygroup.com to see for yourself the invaluable service they have to offer.

Monday, 14 May 2012

Nanny Payroll Service


As an employer of a nanny the whole issue of payroll may give you a bit of a headache.  Using a nanny payroll service can take all the hassle of payroll away from you.  A nanny payroll service is a low cost and comprehensive payroll service designed especially for employers of nannies and other domestic staff.  The service covers everything you need to meet Inland Revenue requirements for the correct and timely calculation and payment of income tax and national insurance.

Hiring a nanny involves a lot of paperwork like paying and filing payroll taxes and other legal formalities associated with this.  In order to complete all these formalities in the correct manner it would be advisable to use a nanny payroll service.  They will calculate and manage the payroll and taxes for your nanny accurately and in a timely manner.  A single mistake in the payroll process can cost you dearly so using a nanny payroll service will ensure error free results which in turn will save you money.

There are many benefits to using a nanny payroll service, such as:
  • Guaranteed accurate results
  • Will update your knowledge of the latest changes in labour law
  • They will deal with and penalties or fines received from the Inland Revenue
  • Nanny and employer details remain confidential
  • The right advice is provided when needed
Why spend your own precious time managing your nanny’s payroll when a nanny payroll service can take it all of your hands and make life simpler and the process systematic.  A nanny payroll service will take the burden of payroll away from you and keep you free from and legal implications.  It will also ensure that your employed nanny will be paid accurately on the same day each month and there will be no delays.  A nanny payroll service will produce all payslips and inform you when and how much you need to transfer to HMRC in terms of Employee Tax and National Insurance and well as your Employers National Insurance.
In short a nanny payroll service in invaluable to those of you who employ a nanny and do not wish to deal with the day to day headache of payroll and all that it entails.  Nanny Pay by K & B Accountancy Group is a professional, timesaving, accurate and cost-effective service.  They will save you time and money by simplifying your payroll process.  Visit their website www.kbaccountancygroup.com to see the full list of the services they have on offerw.