Welcome to The Tax Lead, where we specialize in providing expert guidance on contractor accounting, IR35, and umbrella company services. Whether you are a contractor, freelancer, or small business owner, we understand that navigating the complex world of tax and finance can be a daunting task. That’s why we’re here to help.
Contractor Accounting:
As a contractor, you are responsible for managing your own finances, including invoicing, expenses, and taxes. We offer a range of accounting services to help you stay on top of your finances, from bookkeeping to tax planning and preparation. Our team of experienced accountants will work with you to ensure that you are meeting all your tax obligations and making the most of all available deductions and credits.
IR35:
The IR35 legislation is a set of rules that determine whether a contractor is considered an employee for tax purposes. If you are deemed to be “inside” IR35, you will be required to pay the same level of tax as an employee, even if you are working as a contractor. If you are “outside” IR35, you will be able to continue working as a contractor, with the associated tax advantages.
Our team of experts can help you understand the complexities of IR35 and determine your status. We offer advice on how to remain outside of IR35, including guidance on contract reviews and negotiation.
Umbrella Company Services:
If you are deemed to be “inside” IR35, working through an umbrella company can be an attractive option. An umbrella company acts as your employer, managing your payroll, invoicing, and tax payments on your behalf. This can be a simple and hassle-free way to work as a contractor, with the added benefit of employee rights and benefits.
At The Tax Lead, we work with a range of umbrella companies and can help you find the one that best fits your needs. We also provide ongoing support, ensuring that you are compliant with all tax and employment regulations.
Contact Us:
If you are a contractor, freelancer, or small business owner in need of expert tax and accounting advice, The Tax Lead is here to help. Our team of experienced professionals can provide tailored solutions to meet your unique needs. Contact us today to learn more about our services and how we can help you achieve financial success.