Since 1998, Churchill Knight & Associates Ltd has specialised in providing contractors with tailored payroll solutions.
As specialist contractor accountants, the firm can advise you on the best way to handle your company finances, give unlimited tax planning advice and support, and minimise the administrative burden of running your business.
Legislation relating to the contractor industry is constantly evolving. The dedicated team of accountants stays up-to-date with the latest industry developments and legislation changes; they will actively inform you of any changes that could impact your business.
In this article, we look at what Churchill Knight offers its clients in more detail, together with a custom FAQ provided exclusively for our visitors.
In addition to all standard features of a contractor accountancy service, you can benefit from:
- Incorporation within 24 hours
- Assistance with all HMRC correspondence
- Registration for PAYE, VAT and Corporation Tax
- Quarterly VAT returns
- Assistance with bank account set-up
What are the monthly fees?
All-inclusive service – pacakges start from £120 + VAT per month.
How long has the firm been operating?
The firm was founded in 1998 by John and Louise Payne. John, a contractor at the time, was dissatisfied with the poor service available for contractor accounting. Determined to better serve the needs of himself and his fellow contractors – he set up Churchill Knight & Associates Ltd. To date, John and Louise remain dedicated to offering a high-quality service that contractors and freelancers benefit from.
How many clients do you have?
To date over 20,000 happy contractors have used Churchill Knight and over 3,000 clients are currently using our limited company accounting service.
Do you specialise in accounting for limited company contractors?
We have specialised in providing accountancy services to limited company contractors for over 20 years.
As well as our limited company accountancy services, our sister company Churchill Knight Umbrella provides a PAYE umbrella payroll service for contractors who are unable to use a limited company or prefer the hassle-free way to get paid.
Is the firm a member of any organisations?
Churchill Knight is audited and accredited by Professional Passport. Professional Passport deals with all aspects of the contractor industry and operates a strict Code of Conduct and guiding principles which all accredited users must adhere to. The Code of Conduct is based on HMRC guidelines so you can rest assured that we comply with all of HMRC’s rules and regulations.
What is your main aim as a service provider to contractors?
To provide contractors and freelancers with a compliant and reliable accountancy and payroll service and ensure they receive a premium service that they are happy with.
What fundamental advice would you provide to a first-time contractor?
Looking for an accountancy provider can be confusing and stressful. To ensure you choose a compliant and trustworthy provider you should look for a contractor accountant who satisfies the following:
- Is based in the UK
- Is accredited and audited by an independent body such as Professional Passport
- The accountants are qualified and knowledgeable about the industry
- Has a good reputation within the industry
What type of accounting software do you use?
We have developed a bespoke online, mobile responsive portal which allows you to view your accounts information, live banking information, record business expenses and available funds or outstanding tax payments.
Do your clients get access to their own account manager?
All of our clients will benefit from their own personal account manager who has in-depth knowledge of the contractor market and will help take care of all of your business’ invoicing, payroll and other accounting requirements.
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