Try our contractor tax calculator to see your potential income, or learn more about our popular Limited Company, Umbrella Company, Sole Trader and CIS services.
We have helped thousands of contractors working in a range of industry sectors. Contact us now on freephone 0800 195 3750 for a tailored proposal based on your individual circumstances as a contractor.
Contractor Accountants
As a contractor you have the opportunity to take home more of your income each month, but it's important to make the right choices. Get it wrong and you could be facing a mountain of paperwork or even a fine from HMRC if you fail to comply with IR35. Get it right and you can enjoy higher returns and a life free of administrative stress.
Guided by the principles of trust, care and compliance, ICS helps contractors focus on their strengths, remain compliant with IR35 and MSC legislation, and often increase their net income.
Our range of services for contractors can be tailored to meet your specific needs and circumstances. This includes:
Limited Company Service (LCS)
Popular with contractors outside IR35, working through our Limited Company Service means you can benefit from Flat Rate Vat Scheme, lower National Insurance contributions, and the option to claim back tax on a broader range of business expenses.
Umbrella Company Service
Join our Umbrella Company Service, and our team of experts process your timesheets and expenses; invoice clients or agencies, and chase late payments. They will also take care of PAYE and National Insurance obligations; and transfer payments to your bank account on the same day we receive them. We have a special CIS Service too – just ask for details.
Sole Trader Service
As party of Sole Trader Service our dedicated team of experts will invoice your clients; transfer money to your bank account on the same day we receive it. It provides you with independence without compromise.
Don't forget to try our Contractor Tax Calculator, which we launched after requests for a contractor calculator which can provide an indication of net pay.
Trust, Care and Compliance for Contractors
We make sure we get the basics right - from ensuring you are paid the right amount on the right day, to always being available at the end of the phone when you need any help or advice from our contractor administration services team. As specialist contractor accountants we also offer a range of inclusive services that you may not find elsewhere, including professional indemnity.
We work with a team of experts in employment and tax law to ensure our services are fully compliant with existing IR35 legislation and the latest government regulations. It's one of the reasons why we are asked for expert comment from contractor news sites like Contractor UK about issues such as contractor taxation and umbrella companies.
In short, we help you to enjoy all the benefits of working as a contractor, without the associated paperwork and organisational headaches. This means you can get on with your job without distraction.
We also publish a summary of contractor news, views and opinion on our lively contractor blog, which covers subjects such as contractor taxation, contractor salary advice and contractor accounting.
Please feel free to contact us to discuss your requirements, from contractor administration services and support with your contractor tax, to questions about umbrella companies or contractor salary advice.
Call ICS on freephone 0800 195 3750 or email info@ics.me.uk