First time contracting, looking for good accountants

[Jess inniAccounts]

Definitely get your contract reviewed for IR35, we recommend The Law Place.

[DolanContractorGroup]

Hi,
You may wish to speak to an Accountant as they can assist with regards to advising on working practices in regards to IR35 and also review the contract itself.
KR
Sophie

[northernladuk]

Hi,
You may wish to speak to an Accountant as they can assist with regards to advising on working practices in regards to IR35 and also review the contract itself.
KR
Sophie

They can? Does that mean I can ask my IR35 specialist about preparing my end of year returns??

[DolanContractorGroup]

They can? Does that mean I can ask my IR35 specialist about preparing my end of year returns??

Don't see why not, as long as they were an Accountant also....

[northernladuk]

Don't see why not, as long as they were an Accountant also....

But they are not so you've kind of proved my point.

[man]

To ba fair, my accountant (BI Accountancy) also offers inclusive IR35 reviews of contracts. I've used the service on one occasion where I was accepting a few days of consultancy work, on a Friday afternoon, for a Monday start, and they made some recommendations which made sense.

I don't anticipate the same level of expertise as an IR35 dedicated advisory service, but I value an accountant offering the service for precisely the above circumstance. In fact, I could save money by switching accountants but I don't, in part because of value add services such as this. I think the importance of understanding the limitations of your service providers is key.

[ContractingBrit]

Hi

is 70% a realistic take home pay?

[northernladuk]

Hi

is 70% a realistic take home pay?

Depends on a number of factors but that strikes me as a little high but in the ball park.

[ContractingBrit]

Depends on a number of factors but that strikes me as a little high but in the ball park.

thanks, yes appreciate there are a lot of factors but just wanted to know if it is in the right ball park .

[ContractingBrit]

Hi I require insurance as per my contract which is as follows

Public Liability - £5m  Employers Liability - £10m  Professional Indemnity - £1m

I have got a quote of £620 for turnover of just under £100k.

Does that seem reasonable to the more experienced contractors here?