The vast majority of contractors work through a limited company, as this is the most tax efficient method, enabling them to keep more of their income.
Some contractors decide against working through a limited company because of the day to day administration all limited companies have to comply with. However, with The City Accountant’s hassle free service, the administration burden of setting up and running a limited business is completely removed. Everything from company formation and the setting up of the bank account, through to annual account preparation and corporation tax returns are all included in the service.