Our accountants at Gorilla Accounting know that in the UK industry, IT developers and software development are here to stay.
In a sector growing ever larger and with so many companies of all varieties and sizes in each stage of their corporate lives, it is inevitable that every IT contractor / developer and software developer will face different issues.
We at Gorilla Accounting understand that you need to be secure in the knowledge your accounting service can provide the highly specific advice you will require in order to continue to develop successfully. Where we really add value is through applying the knowledge and experience we’ve built up from working with IT contractors and software developers, such as yourself. We can apply this by helping you meet all your compliance requirements for your accounting, including the preparation and submission of the following;
- Financial StatementsCorporation Tax Return
- Quarterly VAT Returns
- Payroll (for up to 2 employees)
Our Accounting Services for IT Contractors and Software Developers
At Gorilla Accounting, we aim to keep everything simple and straightforward. We offer just one all-inclusive package, which covers the essential accountancy needs for your limited company. Regardless of your profession, sector or turnover, you’ll be given an all-inclusive service at a fixed price. We have developed our specialist contractor offering around both our own experience and feedback from contractors.
Our all-inclusive package is just £85 + vat per month. If you pay 12 months upfront, beginning at the start of your company year, we’ll even give you 10% off your total fees.
IT Contractor Accounting Services Package
Gorilla offers a full contractor accounting services package for IT Contractors and Software Developers. To achieve this, we offer a range of different accountancy services which are included in our complete package, such as gaining 24/7 access to our online bookkeeping tool, FreeAgent.
We have developed strong relationships with IT contractors and freelancers running their own IT Developer and Software development limited companies and it’s this experience, which has enabled us to develop the perfect accountancy service package.
For more information regarding our Contractor Accounting Services Package, please click here. Alternatively, you can get in touch with one of our specialist accountants for IT contractors for more information.
Online Accounting Software
Upon joining Gorilla, IT Contractors will be given 24/7 access to our online accounting services software FreeAgent. FreeAgent is industry standard within the contracting industry and is trusted by over 60,000 contractors, freelancers and small businesses. FreeAgent provides real time statistics which can be used to give you a better understanding of your accounts.
Using online accounting software is the best way to keep control over your accounts and provides you with access to your accounts in real time so you can keep up to date with the things that matter most.
For more information regarding Online Accounting Software, please click here. Alternatively, you can get in touch with one of our specialist accountants for IT contractors for more information.
Limited Company Formation
When starting your IT Developer or Software Development Company, there will be several ways that you can choose to operate. One possible route that should be considered would be to work as a limited company director as this may be more suitable as you could benefit from the tax planning opportunities available. Our specialist accountants for IT contractors will be able to help you through this process.
IT Contractor Insurance
As an IT contractor, there are various insurance covers that you are required to have by law. Insurance is essential for any IT Developer or Software Development business and it will protect you.
Dependant on how you may be working, there are a few different types of insurance that you will need to keep in mind. Professional indemnity insurance, public liability insurance, employer liability insurance and cyber and data risks insurance should all be considered when becoming a contractor.
Bank Accounts for IT Contractors and Software Developers
When you start out as an IT Developer or Software Development company, you will be required to open a business bank account. Your limited company must be separate to your personal account.
As part of the Gorilla all-inclusive accountancy package, we can assist with opening a business bank account. See our Bank Accounts for Contractors page for more details.
IT Contractor Mortgages
Securing a mortgage when contracting is high-risk. Due to the flexibility of contracting, certain lenders place certain restrictions. Gorilla Accounting can put you in touch with an IT contractor mortgage specialist. For more information, visit our Contractor Mortgages page.
Outstanding Customer Service
At Gorilla Accounting, our service aims to keep everything simple and straightforward. We offer just one all-inclusive package, which covers everything that Limited Companies and IT Contractors need.