Accountancy for UK Contractors
By James Richardson
Based on my experience as a contract electrical engineer, this book explains how to set up and run your limited company's accounts, from registering your company to completing year-end tasks.
∎ Registration and set up
∎ Routine transactions
∎ Payroll
∎ Dividends
∎ VAT
∎ Invoicing Expenses
∎ IR35
∎ Year-end tasks
I use free accounting software for my own business, doing the routine bookkeeping myself but using a budget accountant to prepare my annual accounts. This low cost balance between using an accountant and going it alone is the knowledge level that I aim to share.
Other than a bonus chapter on setting up a cut price website, non-accounting aspects are not covered.
This book is intended for companies based in the UK.