Accounting and Tax Services for Quantity Surveyors
In line with our client focus on independent professionals, Ainsworth Accountants provide a full range of Accounting and Tax Services to Quantity Surveyors.
We are based in Preston, Lancashire, and offer a UK-wide service.
Introduction
Independent professionals have the dual role of meeting the demands of their assignments, and running their own small business.
As a Quantity Surveyor your business will be as a
Sole Trader or
Limited Company.
Either the businesses you are providing services to, or an intermediary agency, may require you to trade as a limited company.
Please see our guide
Sole Trader or Limited Company? which explains many of the differences between them.
Accounting and Tax Fees
Our typical monthly fees are shown in the blue box opposite. >>>>
Please also see our webpage for
annual Accounting and Bookkeeping Fees
Our fee proposal has the option for you keeping your own records and bookkeeping, or we can do it all for you.
Our service includes
PAYE and
VAT.
Bookkeeping & Bookkeeping Support
We offer a
free spreadsheet for bookkeeping, however we find that most people require bookkeeping training in the first year.
Our spreadsheet produces a Profit & Loss Account and Balance Sheet with an estimated Corporation Tax liability.
The monthly plan includes bookkeeping support, but not training. Typically we find that clients are able to keep good records, but will need training in the first year.
We offer a block 5 hour training arrangement for £50.00, which includes email and telephone training.
For basic transactions, eg. your fee invoices and expense claims, the bookkeeping training is unlikely to be necessary after the first year.
If we do
all the bookkeeping for you, it will be on the
HMRC and ICAEW approved
QuickBooks software, and we will supply you with the reports which you need.
If you would like to keep your own records on the popular online software, eg.
QuickBooks Online or
FreeAgent, we can set this up for you and invoice you directly.
IR35
Of particular importance for Contractors is the
IR35 legislation which
applies to limited companies, but not to sole traders. Please
click for more IR35 information.
Ainsworth Accountants have a Partnership Agreement with
Qdos Contractor which provide a range of
insurance and consulting services designed to give you advice and insurance in respect of potential IR35 implications for your business.
Please also see our
Contractor Tax Changes and
IR35 webpages for more details.
Limited Company Information
Our website includes information on:
•
Limited Company Formation
•
Limited Company Accounts
•
Corporation Tax
•
Directors
•
Shareholders
•
Dividends
•
Self Assessment
•
Income Tax
•
IR35
•
VAT and
VAT Flat Rate Scheme
•
PAYE Guide and
Payroll Service & Software Options
•
CIS
Software & Apps
With the right software, a considerable amount of the accounting and administration burden can be eased.
The new breed of
online accounting software, together with additional apps, are available on PC, Mac, tablet and smart phone, enabling online access to update your records, raise sales invoices, enter expense claims, check reports, file VAT Returns and manage PAYE/Payroll.
We support both
FreeAgent and
QuickBooks Online