Navigating the intricacies of CIS requires precision and expertise, which is why our dedicated accountants for contractor bookkeeping services are here to assist you every step of the way.
At Low Cost Accounts, we recognise that accurate record-keeping, timely submissions, and tax compliance are essential for your peace of mind. Our contractor bookkeeping services are crafted to suit your individual needs, whether you’re a sole trader or managing a larger construction enterprise.
With our in-depth industry knowledge, we streamline your financial processes, helping you maximise your profits and minimise your tax liabilities. Trust us to be your partners in success, providing top-notch contractor bookkeeping services to help you thrive in the competitive landscape of the construction industry.
What's included inContractor Bookkeeping Services
Our comprehensive service means that we take care of everything
Own dedicated accountant
Your own accountants for contractors will understand you and your sole trader company. All filings such as contractor bookkeeping services and more will be completed on your behalf.
Proactive support
Our accountants for contractors strives to provide the best tax saving advice and are always on hand to help.
Bookkeeping or software
Our accountants for contractors can do the contractor bookkeeping services, use your records or offer you accounting software, whichever suits you.
Filings included
All filings to Companies House and HMRC are included which means no hidden costs
Deadline reminders
Automated reminders to never miss a filing deadline. CIS reclaims submitted as early as possible.
Client portal and App
Our secure client portal ensure files can be shared and documents easily signed, ideal for contractor bookkeeping services.
Reliable & Affordable Contractor Bookkeeping Services
When it comes to efficient and reliable contractor bookkeeping services, look no further than Low Cost Accounts.
Our team of seasoned accountants for contractors possesses a deep understanding of the CIS framework, ensuring that your financial affairs are handled accurately and efficiently. We specialise in simplifying the complexities of CIS, from managing subcontractor payments to handling HMRC submissions.
With Low Cost Accounts by your side, you can focus on what you do best – delivering exceptional construction services – while we take care of the intricacies of contractor bookkeeping services. As your dedicated partners, we are committed to helping you optimise your financial processes, enhance profitability, and achieve long-term success within the CIS sector.
Testimonials
What our client's say
to our Contractor Bookkeeping Services Team
Drop Us a Line
Want to know more?
Our team will be happy to answer any questions you might have.
Fill in the form below and we’ll get back to you.
FAQs
Is a bookkeeper cheaper than an accountant?
It’s important to understand whether you need to hire a bookkeeper or an accountant. This choice primarily depends on the industry and the level of expertise required. A bookkeeper is generally less expensive to employ.
Do sole traders need bookkeeping?
As a sole trader, detailed bookkeeping is crucial as you must report your business profits at the end of each tax year.
How to do bookkeeping for sole traders?
Record Keeping for Sole Traders are: All records related to taxable income; VAT records (if applicable); Evidence of any grants from the Self-Employment Income Support Scheme (SEISS); Business bank records (if you have a separate business bank account, use your records from there); Receipts for any business-related expense.
Does a sole trader need an accountant?
There is no legal requirement for a sole trader to hire an accountant. Although it isn’t mandatory to hire one, if you want to ensure that all your tax affairs are absolutely to-the-letter correct, then hiring an accountant is a good idea.
What are the 3 golden rules?
The Golden Rules of Accounting are: “Debit what comes in – credit what goes out.”; “Credit the giver and Debit the Receiver.”; “Credit all income and debit all expenses.”