For most limited company contractors, your accountant is likely to be the advisor you engage with more than any other. In this guide, we look at the professional qualifications held by accountants and accountancy firms.

If you carry out some of your contract work from home, there are many benefits. There may also be some (small) pitfalls. The line between personal and work space can become blurred, and your utility bills might also start to creep up.

If you decide to move to a new accountant, what happens to any accounting paperwork which is yet to be finalised? How much will it cost in catch up fees?

Here are three top tips for saving on your business accountancy costs during this cost of living crisis.

If you strip away all the marketing and price differences between competing firms, there are a number of core tasks all specialist contractor accountants undertake for their clients.

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?

This guide explains the format for filing annual accounts with Companies House each year – specifically the FRS105 and FRS102 frameworks, which apply to small companies.

When you set up a limited company, you may have assets you want to transfer into it. How do you go about this, and what tax rules should you be aware of?

Although you should expect all contractor-focused professional accountancy firms to be highly IR35-literate, some still like to advertise themselves as ‘IR35 accountants’, which is a misleading term.

However you decide to work as a contractor – via your own company, or an umbrella – or if you’re a self-employed freelancer, you must keep your financial records safe for a number of years. How long depends on the type of tax.