If you’ve decided to say goodbye to the old and hello to the new, where should you start when switching accountants? And how does moving over your accounts work in practice – aka professional clearance?

With hundreds of firms to choose from, this table lists the monthly fees charged by some of the UK’s leading contractor accountants.

Bank transactions synching with your accounting software is just one of the many ways that digital technology makes life easier for contractors.

There may come a time when you no longer need your limited company. Here, an accountant explains the procedures you must follow when closing your business.

If you’re contracting through a limited company, using an umbrella, or trading as a freelancer, you must maintain accurate financial records. The rules on how long you must keep them vary according to the tax.

You may have heard your accountant or bank manager talk about your “balance sheet” and “profit and loss account”. What do these terms mean in plain English?

There is no legal obligation to hire an accountant if you’re setting up a limited company. However, there are some very good reasons to do so.

Frustrated with missed deadlines or vague answers? These 7 red flags will help you decide if it’s time to switch accountant.

Doing your accounts will probably never become your favourite task. But accounting software may make you less prone to wanting to pull your hair out.

A good contractor accountant doesn’t just help you avoid problems with HMRC and Companies House; they also help you to run your business efficiently, make sound financial decisions, and keep more of your contract earnings.