The main job of an accountant is to look after your company’s tax affairs. When you sign up with a firm, you must authorise them to deal with HMRC.
Accounting Guides
If you are working via your own limited company, you need to keep on top of your accounting duties.
A good accountant will look after your company's affairs, however you (as a director) are utimately responsible for the accuracy of your company accounts.
Browse our accountancy guides to find out what your duties are, and what an accountant can do for you.
What qualifications does my limited company accountant have?
The term “accountant” isn’t protected in the UK. Here’s what qualifications like AAT, ACCA and ICAEW actually mean, and what contractors should look for.
Can I charge my limited company rent for using a room in my home?
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.
What is an IR35 accountant? (and why the term is misleading)
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.
‘Catch up fees’ when you join a new accountant
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?
Do I need to inform HMRC if I pay my wife a small salary via my company?
A reader asks if he needs to inform the authorities if he wants to pay his wife a small salary for ‘administrative’ work done for his company.
Can I pay my husband/wife a salary from my limited company?
If you work via a limited company, you may want to pay your spouse a salary. An accounting expert tells us what the tax and payroll implications are.
Can I transfer any personal assets to my limited company?
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?