Contractor Accountants

We will ensure all your accounting responsibilities are monitored and handled with the minimum of fuss, ensuring you spend your time reassured in the knowledge your affairs are in order.

Maximize your earnings
At AYS we work hard to maximize your earnings, by utilizing a number of accounting practices. These practices include declaring viable expenses, ensuring benefits of the VAT Flat Rate Scheme and utilising the non-taxable allowance.

Reduce your administration hassle
At AYS we provide a comprehensive service with a focus on excellent customer service; our aim is to reduce your administration hassle to an absolute minimum, whilst responding to your questions and queries quickly and efficiently.

Additional services we offer include…

Incorporation of your Limited Company  –  if required
If you require the incorporation of a new Ltd Company, we provide this service to our clients free of charge, as part of our welcome to AYS Consulting Firm. We aim to make the process simple.

Prepare and submit your VAT returns
Once your company has been incorporated, we will register your company for VAT and ensure you benefit by also registering you for the Flat Rate Scheme (FRS).
By joining the FRS you avoid having to account internally for your VAT on purchases and supplies, and instead your VAT is calculated by applying a flat rate percentage on your invoiced amount. In short this means your VAT becomes much simpler to manage and for contractors there is typically a VAT surplus, which translates to additional income.

Our contractor accounting service ensures your VAT returns are calculated accurately and submitted on time.

Prepare and submit your PAYE Returns
We will register your company for PAYE and advice you on the most tax efficient salary you can draw from the company. Paylips will be prepared on a monthly basis.
As RTI is now required; we will help you submit PAYE returns on a monthly basis.

Prepare and submit your HMRC Corporation tax return
As the director of a Limited Company, you are obliged to prepare a full set of accounts each year; we will do this on your behalf and submit to Companies House and HMRC in good time.

File your Companies House Confirmation Statement (Annual Return)
As the director of a Limited Company, you are also obliged to complete a Companies House Confirmation Statement, which we shall also complete on your behalf, in good time.

Prepare and submit your HMRC Self Assessment tax return
It’s cumpulsory for each director of a Limited Company to be registered for self assessment. We will prepare a personal tax return for you which will capture all sources of personal income each director has. This will be done for you annually.

Answer your accounting questions throughout the year
Over the course of time it is normal for accounting questions to arise; as part of our commitment to exceptional customer service we will respond to your questions promptly. An account manager will be dedicated to you and you can gain access to unlimited telephone or email queries.