Being your own boss as an IT developer can be hugely rewarding, particularly given the flexibility of the work to suit your own hours.
Creating a new company from scratch as an IT contractor and overseeing its financial management can be a daunting and time-consuming experience. There are so many different factors to take into consideration, including handling tax returns, managing your accounts and being aware of how much VAT per month you have to pay, so the last thing you want is to waste time that could be spent on growing your business.
Gorilla Accounting can help you get started or take the hassle out of your hands, so you won’t have to stress about having to handle the financial side of your business while going about your day-to-day.
As specialist accountants for IT contractors, our experience within the IT sector means that we fully understand the financial intricacies within this industry. From efficient tax planning and online expense management to company incorporation and payroll, we can help your business to keep on top of its accounts through one-to-one advice and regular account management.
Whether you’re just starting out as a professional IT contractor or you already have an established client base in place, Gorilla Accounting can help you to manage every stage of the process, from setting up a limited company to overseeing its ongoing business accounts. We’ve already helped thousands of contractors.
Unlimited Accounting Assistance from Start To Finish for your IT Contracting Needs
We’re there for you every step of the way, whether you’re just getting started as a contractor or you’ve been in the IT world for years as a business owner. This means that, from the first steps of registering your company name to sorting out monthly payroll and tax returns, we can help.
Our fantastic accountancy package for IT contractors and IT developers covers a huge range of services provided by your dedicated accountant, including:
- Company incorporation with Companies House
- Financial statements
- Shareholder creation
- Business bank account setup
- Corporation tax returns
- VAT returns
- Payroll (for up to two employees)
- Dividend documentation
- Tax planning advice
- Reminder services for deadlines and payments
- Quarterly review of bookkeeping data
Manage your finances with FreeAgent
For online accounting you can manage from anywhere, you’ll receive unlimited access to the popular FreeAgent as part of your accountancy package with us. Having the freedom to manage your business invoices, receipts and finances on the move makes keeping on top of your accounts simpler than ever before. This can be incredibly useful for IT developers on the move, enabling you to upload expenses, send an invoice and check bank balances from any computer, smartphone, or device.
In addition, having all of your finances into one easily accessible service will help you to stay organised. You’ll have access to real-time information as well, as this cloud-based tool will allow you to receive a live feed from your business bank account by integrating it into the platform.
As accountants for IT contractors, we know that cybersecurity is a crucial element in today’s digital world. While being able to run your business from anywhere offers you freedom, you also want the peace of mind of knowing that your personal and business information are secure at all times. FreeAgent protects all information stored within its system using 256-bit encryption so, with the accounting tool, you don’t need to worry about your data falling into the wrong hands.
One-to-one Accountancy for IT Contractors
As part of the Gorilla Accounting service, IT developers will benefit from dedicated IT contractor accountants who will work with you to understand your business and ensure that each financial aspect is efficiently managed, whether or not you own a limited company.
You’ll have a direct dial telephone number for your accountant from the outset who’ll always be on hand to answer any questions you may have and provide advice on how to improve your business’s accountancy processes. You can also talk to them face to face or by videoconference if it’s more convenient for you. We aim to make your life easier, so you are free to get in touch in the way that best suits you – and, if you speak to us before 3pm, we guarantee a same-day response.
With Gorilla, you never have to worry about clocking up the minutes dealing with a pay-as-you-go accountant. Our monthly fee of just £95 + VAT per month gives our clients unlimited access to all of our services, leaving you to focus on what matters the most: growing your business.
We will help you when it comes to your VAT returns, will prepare your self-assessment tax return, will assist with HMRC records checks, and so much more – all of this and more is included in our fixed-fee all-inclusive package. However, annual subscribers can enjoy a 10% discount through our yearly package, which can help you to keep costs down.
Enquire for IT Contractor Accounting
From tax planning to corporation tax, our accountants for IT contractors have put our considerable decades of experience and knowledge to great use by helping contractors and freelancers thrive, and our focus on excellent customer services has led us to become the number one ranked accountancy firm on TrustPilot.
A member of our friendly team will be in touch to answer all of your queries and discuss your needs and requirements for an IT contractor accountant. If you are just starting out, why not try our take home pay after tax calculator too.