Call us on 020 7251 8690

Limited companies

Historically, the majority of contractors have worked through their own limited companies since the tax advantages of working this way are usually far greater than any other compliant method.

The introduction of IR35 in 2000 attempted to remove these advantages but does so only for contracts falling within IR35. Very simply, IR35 states that if, other than for the existence of an intermediary company, you would have been an employee of the end user then you will be treated as an employee for tax purposes regardless of how you organise your affairs.

As a general rule, if you genuinely fall outside of IR35 rules then you are invariably better off using a Limited Company.

e-plan

our tailor made accountancy service for contractors working through their own limited companies


Running a limited company involves numerous tasks and responsibilities - bookkeeping, PAYE, annual accounts, VAT returns, corporation tax returns, statutory forms.. and more - which can use up your time and ultimately cost you money.
 

We've been in the business of offering specialist accountancy to the contractor market for over 12 years. Our business is based on making sure that you have the freedom to concentrate on your business while we take care of most accounting matters. So we want to make things as simple as possible. That's why we've developed e-plan - an online system that will simplify your life.

e-plan is planIT's unique online personal service company solution.

Via our web based system :

  • Invoices can be automatically created and sent electronically
  • Expenses and other bookkeeping entries can be made and managed online.
  • You get 24 hours a day 7 days a week access to the system to track your contracts and transactions
  • You can keep an online record of your work history
  • You can track your salary, expense reimbursements and dividends
  • You can view quarterly management reports
  • You can contact us directly online

In addition to the above our all inclusive service provides:

  • Company Formation and Registration
  • Registered Office Service
  • Tax Planning Advice
  • VAT Registration
  • PAYE Registration
  • Quarterly VAT Returns
  • Monthly Payroll Administration
  • Dividend Documentation
  • Payroll End of Year Forms
  • Filing of Annual Return
  • Annual Financial Statements
  • Corporation Tax Return

But we haven't forgotten the personal touch. You will be invited to meet your accountant from day one and encouraged to keep in personal contact throughout your contracting career.

Fees

All our fees and guarantees are transparent and are listed here.

To find out how we can help you, simply complete our no obligation enquiry form or call us on 020 7251 8690.