Accountants for IT Contractors
IR35 status support
Dedicated IT accountant
Unlimited advice, all year round
Company, VAT & tax returns filed
Tax-efficient salary & dividends
Deadline reminders, never miss a date
IR35 status support
Dedicated IT accountant
Unlimited advice, all year round
Company, VAT & tax returns filed
Tax-efficient salary & dividends
Deadline reminders, never miss a date
When you join Accounting Wise, you are matched with your own qualified accountant who understands contracting inside out. From IR35 questions to dividends, expenses and year-end filing, our friendly team is on hand throughout the year whenever you need answers.
You get access to leading cloud accounting software that makes contracting admin simple. Raise invoices to clients and agencies in seconds, track which payments are outstanding, and keep an eye on your take-home in real time, from any device.
Every contractor works differently, so your package is built around what you actually need, whether you are newly limited or a seasoned contractor juggling multiple clients. Clear pricing, no jargon and no surprises, so you can focus on billable work while we handle the numbers.
Contracting throws up questions at all hours, from an IR35 query before signing a new contract to how much to take as dividends this month. Your dedicated accountant is always on hand to help, by email, phone, live chat, Microsoft Teams or in person whenever it suits you.
Between contracts and client work, deadlines are easy to lose track of. We send regular automated reminders for your company accounts, VAT and tax returns, so every submission is made on time and you avoid unnecessary penalties.
Get started with the right accounting service for your UK small business
Get started with accounting built for IT contractors today!
Taking the right mix of salary and dividends is one of the biggest factors in how much of your day rate you keep. We run your director payroll, issue payslips and advise on a pay strategy that suits your contract income, all while keeping you compliant with HMRC.
Many IT contractors benefit from registering for VAT, and some from a scheme like the Flat Rate Scheme. We will advise on whether registration and a particular scheme are right for you, handle the setup, and keep your quarterly returns filed accurately and on time under Making Tax Digital.
We prepare and file your statutory year-end accounts and calculate your Corporation Tax, making sure every figure is accurate and every allowable expense is claimed. You get clarity on what you owe and when, and the reassurance that your contractor company stays fully compliant.
We keep your books accurate and reconciled throughout the year, and help you claim the expenses contractors are entitled to, from equipment and software subscriptions to travel between client sites. That means a clear picture of your finances and no allowable deduction left behind.
Whether you are weighing up a switch from contracting to running a larger practice, bringing in a spouse or business partner as a shareholder, or moving into consultancy, we offer clear advice on the right structure for where you want to take your company, keeping it tax-efficient and compliant.
Filing your returns is only part of what we do. We act as a trusted advisor to your contracting business, helping you plan around irregular contract income, set money aside for tax, and make confident financial decisions between assignments and beyond.
Get started with accounting made for IT contractors today!
Our accredited accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm.
Get started with the right accounting service for your UK small business
Contracting through your own limited company brings more to manage than working as an employee or sole trader. As a director you have to deal with Corporation Tax, statutory accounts, Companies House filings, director payroll, dividends, VAT and your IR35 position, all alongside the actual contract work.
Our contractor accountants take these responsibilities off your plate and make sure everything is filed correctly and on time. We also help you understand your take-home, plan around irregular contract income, and make informed decisions between assignments.
Whether you have just gone limited or you are switching from an accountant who does not really get contracting, we make it clear, manageable and stress-free.
Contracting comes with its own tax rules and planning points, from IR35 status to the balance of salary and dividends, that a general accountant may not deal with day to day. That is why many contractors prefer to work with an accountant who specialises in their world.
We understand how contractors actually operate, from getting your director pay right to handling VAT schemes and Corporation Tax efficiently. Our role goes beyond filing: we help you plan ahead, stay on the right side of HMRC, and keep more of what you earn.
With clear pricing, modern cloud software and unlimited support, you will always know exactly where you stand.
Contracting through a limited company gives you real advantages, but it also brings tax, accounting and compliance responsibilities that catch a lot of contractors out. Working with an accountant who knows contracting makes sure those advantages are protected and properly managed.
Trading through a company means your business finances have to be kept strictly separate from your personal money. We make sure your statutory accounts, Corporation Tax returns and director pay are handled correctly, helping you keep that separation clean and avoid problems down the line.
A limited company can make you more attractive to agencies and end clients, and some contracts are only offered on that basis. Accurate accounts, on-time filings and clear reporting also matter when you apply for a mortgage or finance as a contractor. We help present your company professionally and compliantly at all times.
On top of this, you have Companies House filings, public records and HMRC deadlines to stay on top of. Our contractor accountants guide you through all of it, giving you clarity, confidence and peace of mind so you can focus on billable work.
Get started with the right contractor accounting solution today!
1 Build Your Package
Choose the services your IT contracting business needs, or build your own package, and see exactly what you will pay each month. No hidden fees, no surprises.
2 Sign Up with Us
Once you have chosen your level of service, send over a few quick details to register, either through our online sign-up form or over the phone. It only takes a few minutes.
3 You Are Ready to Go
That is it. We set up your services, speak to your previous accountant if you have one, and handle the HMRC authorisation process, so the switch is smooth and you can stay focused on your contracts.
Common questions about IT Contractor accounting services
Do you provide accounting for contractors inside and outside IR35?
Yes. We work with IT contractors operating both inside and outside IR35. We help you understand your status on each contract, make sure you are paying the right tax, and structure your affairs correctly for the way you work. If your status changes between assignments, we adjust things accordingly.
How much does accounting for an IT contractor cost?
Our contractor packages start from just £10 per month, and you can build your own package so you only pay for what you need. Use our online quote builder to see your exact monthly price in minutes, with no hidden fees.
Can you help me set up a limited company for contracting?
Yes. We can form your company for you and get everything registered with Companies House and HMRC, including Corporation Tax, PAYE and VAT where needed. We will also make sure your company is set up in the most sensible way for contracting from day one.
What expenses can I claim as an IT contractor?
Allowable expenses can include equipment, software subscriptions, professional insurance, accountancy fees and travel between client sites, though what you can claim depends on your circumstances and your IR35 status. Your dedicated accountant will make sure you claim everything you are entitled to, correctly.
How do salary and dividends work for contractors?
Most contractors take a mix of a modest salary and dividends from company profits, which is usually more tax-efficient than salary alone. The right split depends on your income and circumstances, and we will advise on an approach that suits you while keeping you compliant with HMRC.
Do I need to register for VAT as a contractor?
You must register once your turnover passes the VAT threshold, and many contractors choose to register voluntarily before that. We will advise whether registration and a scheme like the Flat Rate Scheme make sense for you, then handle the setup and your quarterly returns under Making Tax Digital.
I already have an accountant. Is switching difficult?
Not at all. Choose your package, send us a few details, and we handle the rest, including contacting your previous accountant and sorting the HMRC authorisations. The whole process is designed to be quick and hassle-free, with no gap in your service.
Will I have a dedicated accountant I can actually speak to?
Yes. You get your own qualified accountant who understands contracting, not a call centre. You can reach them by phone, email, live chat, Microsoft Teams or in person, with unlimited support included all year round.
Stay connected with Accounting Wise: your go-to source for the latest on IR35, contractor tax, VAT and UK business finance, plus practical guides to help IT contractors stay compliant and keep more of what they earn.