A contractor accountant can advise you on relevant legislation as well as saving you time and money. Our consultants have written an article with advice on choosing a contractor accountant.
A contractor accountant can advise you on relevant legislation as well as saving you time and money. A specialist contractor accountant will also appreciate the importance of complying with IR35 (the Intermediaries Legislation).
Things to consider when choosing a contractor accountant:
- Price – Nobody wants to pay over the odds for a service but you also don’t want to sacrifice customer service levels and expertise by choosing the cheapest option. Price is a consideration but shouldn’t be the only factor.
- Customer service – Find out whether you will have a consistent point of contact or account manager. Ask about their preferred methods of contact and average response times. This will help you decide whether you feel their level of customer service fits your needs.
- Technology – What tools and software do they use? You want your contractor accountant to make your life easier by enabling you to update your accounts in a way that is simple for you.
- Recommendations – Use your contacts and ask for recommendations to help you make a decision.
- Qualifications and accreditations - Find out whether they have any qualifications or accreditations that prove their competency and that they maintain a high level of service.
- Your responsibilities – Make sure you understand what they will do and what you are expected to do so you know what is included in the price.
Check out the Contractor Accountants directory for a list of accountant recommended by the Contractor UK website.