Working for yourself through a Limited Company is a big decision that shouldn’t be taken lightly. But luckily, it’s not one you have to make on your own. Our sister company ClearSky Accounting are expert contractor accountants who can help take care of all the complex stuff – from incorporating your company, to helping you set up a business bank account and registering for VAT (where appropriate).

Here’s just a few of the ways ClearSky can support you:

Taxing concerns

With over 15 years’ experience of helping contractors make the most of their money, ClearSky Accounting know the financial legalities of Limited Companies inside out. Turn to ClearSky if you’d like expert advice on:

  • IR35 and what this means to you
  • Tax planning and how to minimise your tax liability, while making sure you are compliant

Help with your admin

Everyone’s least favourite part of contracting has to be all the paperwork that comes with it. But with ClearSky, you don’t have to worry. They’ll take care of all the time consuming paperwork for you and make sure everything’s completed correctly ahead of HMRC deadlines:

  • Keeping you on top of all your daily accounting and book-keeping needs. Simply submit all the information we need via ClearSky’s handy online portal and leave the rest to us
  • They’ll then use this information to compile your year-end accounts and complete your corporation tax, VAT and PAYE returns

  • Business expenses can be claimed and reimbursed via the portal too – making sure you’re always in pocket and the right tax is deducted
  • Automatic invoice generator functionality within ClearSky Online also stops you having to send duplicate copies across to your Personal Accountant and calculates your VAT for you

Ensuring you’re Insured

You’ll find that most clients stipulate that you must have some kind of business insurance before you start trading with them, whatever trading option you take. If you go Limited with ClearSky, they will refer you to our insurance specialists Hiscox and if you choose their premium ‘Assure’ package, you’ll receive business insurance cover worth up to £17m for free from day one.