Accounting

Benefits of Contracting through a Limited Company

Contractors generally choose a contractor limited company because it offers them multiple benefits, such as tax efficiency and having control over your own administration and accounts. Nevertheless, as most contractors are not trained in accounting, most choose to employ the services of a contractor accountant to help them. Because there are penalties for the late filing of company accounts, and also the financial implications which may come about for the miscalculation of taxes and NI to be paid, using a contractor accountant is safer and more cost-effective.

Having a contractor limited company is not just about the tax benefits, however. Other major benefits are that agencies, councils and sometimes individuals will simply not hire a sole trader because of the employment rights risk. Contracting through a limited company therefore gives you a chance of getting a greater amount of work. When you are part of a limited company you are also only responsible for the amount that you have put into it, and not the company?s debts, should it have any. This helps contractors to separate the personal assets from their business assets and protect themselves should anything go wrong.

Although the services of an accountant are not essential for a contractor, most contractors are unable to understand accounting software in order to complete it accurately. EasyLimited provide monthly accounting services which offer a happy medium ? their software was built and designed by contractors and is extremely simple to use. They have a range of packages which help with every aspect of accounts management, filing and tax returns. They also prevent late filing penalties by taking responsibility for your filing. All you have to do is make any tax payments that are due, in which case they will contact you with simple instructions of what to do and how and when to do it.

 
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The Article is written by easylimited.co.uk providing accounting services and contractor limited company Services. Visit http://www.easylimited.co.uk for more information on easylimited.co.uk Products & Services
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Calculating Your Tax Refund

Have you overpaid your taxes? There are simple, easy to use websites out there that can quickly enable you to claim a tax refund. If you haven’t earned enough during the fiscal year to meet the tax threshold, have been given the wrong tax code, you are in full time education or charged emergency tax then you could be in line for a tax rebate from HMRC.

One of the best and easiest ways to see if you’ve been overtaxed is to use a web based UK tax calculator. As well as calculating a variety of taxes it should function as an income tax calculator. Remember, up to 1 in 3 people in the UK have been taxed incorrectly, meaning that they are potentially owed hundreds.

Using a UK tax calculator is easy and all you need is some basic knowledge about yourself and your salary.  Simply entering the tax year, gross pay and tax code could create an accurate tax reading showing how much you could get back in over charged taxes. Using the web as a basic income tax calculator is a great idea, and, if you find that you are owed some money, the next steps should be easy to follow.

The next step you will need to complete is to create a profile with whichever website has provided you with the tax calculation. Because you are using a service, they will ask for a minimum sum from your tax refund which is either calculated at a set price or a percentage. The service then typically offered is self-explanatory and intuitive and allows you to choose which tax year you wish to make a claim for.

You can keep your information securely in the new account you set up and even predict when you will be due a tax refund before you have actually paid.

 
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The Article is written by besttaxback.com providing tax calculator and income tax calculator Services. Visit http://www.besttaxback.com for more information on besttaxback.com Products & Services
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Book Keeping

In today’s world bookkeeping is become important because it helps you keep a record of all your books that will provide small and important information required for business decision making. Bookkeeping will also help in cases where you would like to get a loan. When you are thinking about the cost of bookkeeping service remember that the price of keeping your books in order varies according to the company size.

There are lots of bookkeeping services one of which is the bookkeeping Kent service a small company whose aim is to offer large and satisfactory service to all their clients. This company provides bookkeeping for business as well as for individual. They provide professional service and with their qualified staff help you save money, time and live a stress free life. In case you do not have anyone to take care of your books then bookkeeping Kent service can be a better option for you.

Payroll plays a major role in any company from accounting to payroll taxes. Keeping the importance of payroll in mind payroll Kent Department at Kent State University aims to provide correct and on time payment of compensation, taxes for staff, faculty and employees. At payroll Kent they provide quality service and make continuous improvement with customer feedback. Their work is done in an efficient and cost effective manner. In this way they try achieving their goal. Payroll Kent is easy to understand and designed to meet customer’s exact requirement. Thus if you’re looking for a payroll service then payroll Kent service may help.

If experience is what you are looking for then the above bookkeeping Kent service and payroll Kent service may help. It’s important to look for a professional bookkeeping and payroll service company since they provide greater flexibility, organize your month-end closing tasks and also analysis your business in a timely manner.

 
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The Article is written by bwaccountsandpayroll.co.uk/ providing book keeping Kent and payroll Kent Services. Visit http://www.bwaccountsandpayroll.co.uk/ for more information on bwaccountsandpayroll.co.uk/Products & Services
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Book Keeping and Payroll Kent

Are you fed up of using your precious time in maintaining books, always under pressure to complete the VAT return, don’t have sufficient information to control your company, find the weekly Payroll a distraction. Do you need a solution to all this! If yes thenBookkeeping Kent and Payroll Kent services for bookkeeping and payroll may help. Most companies in Kentnow dayshave realized what bookkeeping and payroll can do to their business operation. With proper bookkeeping and payroll,businesses are assured to make good profit as well as become a recognized company in society.

Bookkeeping Kent service is a small company who offer services in Designing, implementation and maintenance of accounting systems for companies. They take care of Credit Control, preparation of monthly and year end accounts. Bookkeeping Kent provide services to individual, small and large business.They provide professional service, qualified staff and work with a high level of performance. The help you save money, time and live a stress free life.The work of bookkeeping Kent is fast and accurate. Along with bookkeeping payroll also plays a major role in any company from accounting to payroll taxes. As the company grows there is a need for effective payroll in that case payroll KentDepartment can be of great help their aim is to provide correct and on time payment of compensation, taxes for staff, faculty and employees.At payroll Kent they provide quality service and work is done in an efficient and cost effective manner. In this way they try achieving their goal. Their service is fast, accurate and affordable and suits your exact requirements. They have a payroll specialist who will give you proper support and guidance you need etc. they offercomplete service for all types of business. It’s important to look for a professional bookkeeping and payroll service company if you want growth and success for you business.

 
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The Article is written by bwaccountsandpayroll.co.uk/ providing book keeping Kent and payroll Kent Services. Visit http://www.bwaccountsandpayroll.co.uk/ for more information on bwaccountsandpayroll.co.uk/Products & Services
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