Reply to: Choosing accountant

[VillageContractor]

Thanks to the guys who are actually helping me.

And to the guys who my posts are annoying/ irritating , don't take it to heart. It's only forum

We're only trying to help you run a successful business

[WTFH]

Can you answer any of the questions posed?

[Myright]

Thanks to the guys who are actually helping me.

And to the guys who my posts are annoying/ irritating , don't take it to heart. It's only forum

[northernladuk]

One that doesn't charge commission.

None of them charge a commission do they?

[WTFH]

What's freeagent?

One that doesn't charge commission.

[Old Greg]

Fair enough - but if you ask someone a question and they give you an answer I'd expect them to put some effort into understanding the answer before reposting.

A simple search for freeagent would have helped.

I don't mind someone being a newbie but I do get irritated by them expecting to be spoon fed.

What's freeagent?

[VillageContractor]

OP is a newbie - cut him some slack ?

Fair enough - but if you ask someone a question and they give you an answer I'd expect them to put some effort into understanding the answer before reposting.

A simple search for freeagent would have helped.

I don't mind someone being a newbie but I do get irritated by them expecting to be spoon fed.

[Wijay@WISAccountancy]

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!

[kaiser78]

OP is a newbie - cut him some slack ?

[WTFH]

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.

[VillageContractor]

What's a portal and free agent?

[mudskipper]

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

[northernladuk]

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

[Myright]

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?

[Myright]

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.