What's Included in our Contractor Limited Company Service?
Freestyle Contractor, our complete contractor accounting solution includes everything you need to contract through your own limited company. The Freestyle Contractor limited company service includes the following:
Formation of your limited company.
VAT and PAYE registration for your limited company.
Setup of a private business bank account (if required).
Free business banking with Cater Allen (worth £15 / month).
£2 million professional indemnity insurance* (worth £350 / year)
Unlimited IR35 contract reviews (worth £150 + VAT each) - carried out by IR35 specialists Abbey Tax.
Acting as your registered office including full company secretarial support
An intuitive online portal to create and email/print invoices, enter expenses and monitor your financial position.
Chasing payments from clients.
Quarterly VAT returns.
Your personal tax return (worth £175)
HMRC tax investigations service** - Freestyle will defend you in the event of a HMRC enquiry.
Monthly payroll service including all year end submissions.
Up to date live position of your limited company, showing profit to date, what you need to reserve for tax and what is available as dividends. All accessible through your online portal.
Annual Statutory Accounts
Filing all statutory returns including Corporation Tax Returns.
Dealing with all correspondence from HMRC & Companies House
Advice on IR35 & S.660
* Professional indemntity insurance only applies to IT contractors. ** HMRC tax investigation service: in the unlikely event that an investigation is initiated by a compliance office of HMRC then the cover provided by this policy would not apply. This is standard with all insurance policies of this kind. However, this type of investigation is normally only triggered by suspicion of incorrect returns and is therefore unlikely to affect you.