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Choosing accountant

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    #11
    I would recommend going for an accountant that uses a portal or freeagent.

    Check what is not covered, SA, Annual return, multiple pay runs etc

    Comment


      #12
      Originally posted by pr1 View Post
      mudskipper referred you to a reputable accountant, what did InTouch say when you contacted them? or are you waiting for all the answers on here?


      I doubt he will contact them. Might find out his true colours when he gets to 10 posts.
      …Maybe we ain’t that young anymore

      Comment


        #13
        Thanks for referring to an accountant which I will contact at some point.

        But I need to know what I need to be asking. End of the day an accountant will sell his services to me. As this is my first contracting roll I need to know what I should be looking for in accountant.

        I've just been on to an accountant ....

        He asked me to keep a spreadsheet of all costs like travel on there. ...
        He's going to build me a payee , so I get a wage.
        He'll deal with my quarter VAT.
        He's asked me to keep all my expense receipts. Also to pay for my car petrol from my own personal account as my car is my own. However we we will deduct 0.45 per mile from expenses.

        Comment


          #14
          Originally posted by VillageContractor View Post
          I would recommend going for an accountant that uses a portal or freeagent.

          Check what is not covered, SA, Annual return, multiple pay runs etc

          What's a portal and free agent?

          Comment


            #15
            Originally posted by Myright View Post
            What's a portal and free agent?
            It's a cloud portal for managing your figures instead of using spreadsheets and the like.

            You can freeagent for free to get a feel. It's pretty good.
            Www.freeagent.com
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #16
              Originally posted by Myright View Post
              Thanks for referring to an accountant which I will contact at some point.

              But I need to know what I need to be asking. End of the day an accountant will sell his services to me. As this is my first contracting roll I need to know what I should be looking for in accountant.
              http://forums.contractoruk.com/accou...countants.html

              Comment


                #17
                Originally posted by Myright View Post
                What's a portal and free agent?

                Comment


                  #18
                  Originally posted by Myright View Post
                  Thanks for referring to an accountant which I will contact at some point.

                  But I need to know what I need to be asking. End of the day an accountant will sell his services to me. As this is my first contracting roll I need to know what I should be looking for in accountant.

                  I've just been on to an accountant ....

                  He asked me to keep a spreadsheet of all costs like travel on there. ...
                  He's going to build me a payee , so I get a wage.
                  He'll deal with my quarter VAT.
                  He's asked me to keep all my expense receipts. Also to pay for my car petrol from my own personal account as my car is my own. However we we will deduct 0.45 per mile from expenses.
                  You will need to tell them what country you are based in, what hours you are working and how long this contract will last.
                  It would also be worthwhile procuring a computer with a UK keyboard so that you have a pound sign. In the finance sector having a keyboard that can cope with local currencies is seen as a benefit for some strange reason, as is working normal business hours for that country.
                  ...unless, of course, you are making all this up and are based in Asia and want to waste the valuable time of some members on here by creating false information about your location, your job and your accountant.
                  …Maybe we ain’t that young anymore

                  Comment


                    #19
                    Originally posted by VillageContractor View Post
                    OP is a newbie - cut him some slack ?
                    ______________________
                    Don't get mad...get even...

                    Comment


                      #20
                      Originally posted by Myright View Post
                      Thanks for referring to an accountant which I will contact at some point.

                      But I need to know what I need to be asking. End of the day an accountant will sell his services to me. As this is my first contracting roll I need to know what I should be looking for in accountant.

                      I've just been on to an accountant ....

                      He asked me to keep a spreadsheet of all costs like travel on there. ...
                      He's going to build me a payee , so I get a wage.
                      He'll deal with my quarter VAT.
                      He's asked me to keep all my expense receipts. Also to pay for my car petrol from my own personal account as my car is my own. However we we will deduct 0.45 per mile from expenses.
                      Hi Myright,
                      Contractor accountants specialise in clients who are similar to you. They go extra mile to review your contract for IR35, Provide with you a structure to maximise your return. Some of them use free agent software and some of them use their own version (for which everyone refers as portal in here). Wish you all the very best in your contracting role!

                      Comment

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