Bookkeeping Services

WHY over pay the tax man for taxes?

Despite appearances, freelancers and contractors stand to benefit significantly by employing our professional bookkeeping services. Our freelance clients have told us that they typically carry out a large number of expenses and transactions which need to be recorded. Keeping accurate business records, or bookkeeping is required by UK law. Neglected bookkeeping means that when the time comes to file accounts, mistakes are much more likely.

Outsource to us, avoid paying fines and improve your profitability. Statistics from Companies House show that one in ten of the accounts filed every year are rejected due to mistakes. Mistakes can result in hefty fines, as well as you paying too much tax. Using our services can increase your profitability by up to 60 per cent, because we are always accurate and on time.

Here Are Some Of The Services We Offer To Contractors, Self Employed & Freelancers:

End of Year Accounts


Liaise with HMRC on Your Behalf

Tax Registration with HMRC

Self Assessment

Outsource to us and save time

The HMRC website contains more than 100 pages of guidance notes for expenses alone. Most contractors and freelancers do not have the time or the will to learn it all, let alone apply it. This is where our expert services come in. Contact us today to discover just how much time we could free up by taking on your bookkeeping.

A Tailored approach

The nature of freelancing means that no two freelancers are the same. A IB&Co Accountants, we take the time to fully understand how you work. What this means is that we can tailor an approach to your bookkeeping which is appropriate for what you do and is much less hassle than doing the books yourself.

Using our bookkeeping service is simple, saving you time and money. More free time means you can concentrate on your core business. It also means you avoid fines and eliminate the need to buy bookkeeping software. This translates into more take home pay than if you do it yourself. Get in touch now for more information.

How it works?

Bookkeeping refers to how you record a business transaction. Whether you use a notebook, a spreadsheet, or full-blown software to record your expenses and income.

The bookkeeping and accounting a freelancer or contractor has to do boils down to three things:

Bookkeeping benefits

Having an accurate record of your financial transactions is good for your freelancing business. With good bookkeeping, you can:

4 Steps to getting effective bookkeeping services​

At IB&Co Accountants we keep it simple when it comes to doing bookkeeping for our contractors and freelancers.
We have a simple 4 step process that our customers follow in order to get accurate accounts

Attach all your transactions, receipts and paperwork

Send to us by post

Relax – as we start the work of processing your bookkeeping

Receive you accounts in a matter of days​

Our Bookkeeping services is ideal for:

What can we offer you?

Monthly Management Accounts
We will prepare a monthly Profit & Loss Account, Balance sheet and detailed Ledger Listings

We take all of your source documents and record your bookkeeping transactions ready to produce your monthly management and year end accounts

VAT Returns*
We will prepare your VAT returns and send you the figures, ready for you to submit to HMRC

Monthly Payroll*
We will calculate your payroll, email you your staff’s payslips and let you know what to pay your staff and HMRC. At year end we’ll prepare and submit your P35s and P11ds.

Statutory Year End Accounts (if applicable)
We’ll prepare your year end accounts ready for submission to HMRC and Companies House

Corporation Tax Return or Partnership Tax Return (if applicable)
We’ll calculate your tax, complete your CT600 corporation tax return or SA800 partnership tax return and file it at HMRC for you

Self Assessment Tax Return
We’ll calculate your personal tax, complete your SA100 self assessment tax return and file it with the HMRC for you

Request a Call Back or Book a Free Consultation

We take the time to get to know you and your business during the initial consultation, enabling us to customize a service specifically for you. To get started, simply click the button and complete the form on the booking page. We will then contact you to discuss how we can further assist you and your business.

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