Accountants for Freelancers are best for managing your accounting needs

Whether you are planning an investment or thinking of ways to save your tax, you are helpless without an accountant. You may be an expert in your field, but managing financial accounts is not easy. Planning a business and controlling finance are two separate things.  No matter how big or small is your business you will need to use an accountant.  There are many accountants for freelancers ready to offer their professional advice to help you sort out your accounting needs.

These professional advisors understand clients’ needs and offer unbiased advice. They are not only experts in figures and numbers, but also have excellent knowledge of the existing financial law.  This group of experts operates in a network that caters for all sorts of personal and business needs related to money.  They are legally registered accounting firms that offer quality accountancy services to their clients.

These accountancy firms can be easily found on internet. Do your research, and find the one that will suite your needs. While searching, do not disclose any personal details on the Internet.  Accountants for freelancers operate from a registered office where you can meet them and discuss your mater personally.

Online Tax Return will ease the burden and make the process fast

Self-employed people and small companies spend so much time when preparing their tax return.  The entire process is not enjoyable and certainly time consuming. To calculate all that you have earned in the financial year and what you owe to the government in tax is certainly a tedious job. If you are one of these people that have to complete your tax return each year you should seek help of an accounting firm that specializes in accounting and tax services.  Since they are into calculating business, they can never go wrong while filing online tax return.

If you are trying to prepare the tax return all by yourself, you are vulnerable to committing mistakes and missing the deadline.  Many business owners have experienced this as they have not read the latest income-tax laws. To fix the mistakes they have to hire extra staff or pay overtime to accountants, which adds to overhead expenses.

Therefore, those that are self-employed and small companies should use the accounting and tax service companies for filing online tax returns.  In addition to accounting services, these firms can also provide professional advice for tax saving. By contracting them, you can save yourself from worries of getting your tax return wrong and avoid income-tax authorities to come around for auditing.

Accountants for Freelancers are best for managing your accounting needs

Whether you are planning an investment or thinking of ways to save your tax, you are helpless without an accountant. You may be an expert in your field, but managing financial accounts is not easy. Planning a business and controlling finance are two separate things.  No matter how big or small is your business you will need to use an accountant.  There are many accountants for freelancers ready to offer their professional advice to help you sort out your accounting needs.

These professional advisors understand clients’ needs and offer unbiased advice. They are not only experts in figures and numbers, but also have excellent knowledge of the existing financial law.  This group of experts operates in a network that caters for all sorts of personal and business needs related to money.  They are legally registered accounting firms that offer quality accountancy services to their clients.

These accountancy firms can be easily found on internet. Do your research, and find the one that will suite your needs. While searching, do not disclose any personal details on the Internet.  Accountants for freelancers operate from a registered office where you can meet them and discuss your mater personally.

Setting up Company- Expert guidance is vital

There are a few options for setting up  company in UK. The most popular one is the limited liability company. In this type of formation, you can separate your personal assets with that of the company. This advantage is not offered for sole trading businesses. To start a limited liability company, the following details are necessary:

1. Registration has to be done at the Companies House. The process is simple and can be done online or though a formation agent or an accountant.
2. Memorandum of Association - this has the names and addresses of the members coming together to form the company.
3. Article of Association – This includes the legal rights of a director and shareholders.
4. Form IN01 – This form has the details of directors, secretaries (appointment of secretary is not compulsory by the law and depends on you), shareholders and share capital (if finance is being raised through shares).

Obtaining the forms is possible either by downloading it from the Companies House website or visiting any of the branches. However, filling these forms in is not as easy obtaining them. Such are the complications that mistakes are bound to be made resulting in rejection. So taking expert aid is vital when setting up a company