NP & US | Chartered Certified Accountants

NPUS Accountants in Barnet

Contractor Services

NPUS Accountants is a regular firm of accountants who also specialises as contractor accountant.

The Support You Need

Contractors and freelancers who employ our contractor accounting services enjoy the best of both worlds.

Professionals, who are a contract workers or freelancers with their own limited company, should benefit from using an accounting service with the right skills for contract workers. Here are some important benefits of using a skilled accounting service for contractors:

1

Specialists Knowledge of accounting for contractors

2

Relevant advice on general financial matters

NPUS Accountants will provide you with the best advice on how to manage your contractor Limited company in a way that is the most tax efficient.

NP&US Accountants will advice on how to obtain the best services to help with business and personal finances such as mortgages and insurance that is specially designed for contractor Limited Company.

3

Personable Accountants for contractors

4

Fixed fee structure

As Limited Company accountants with several years experience as contractor’s accountants we provide more personable accounting services for contractors. You will be served by a senior member of our team who is always available for routine consultations.

We work on fixed monthly fee; this way our clients know how much they are paying for our work as Limited company accountants and the Limited Company tax services that we provide.

How We Support Contractors

Accounting for contractors is easy for professional contractor accountants like us. We have been providing accounting services for IT contractors for over a decade. If you are looking for contractor’s accountants with enviable reputation for service and delivery, look no further. We can provide you with a fast and efficient accountancy service that is tailor made for you and your business.

Frequently Asked Questions

The Construction Industry Scheme (CIS) is a tax deduction scheme for the construction industry, designed to regulate payments to subcontractors.

Contractors and subcontractors operating in the construction industry in the UK must register for the CIS Scheme. To register, you'll need a Unique Taxpayer Reference (UTR), operate a construction business paying subcontractors, have a UK bank account, and comply with tax obligations.

The CIS Scheme is crucial for regulating payments, preventing tax evasion, and ensuring compliance with HMRC requirements.

Contractors must verify subcontractors, deduct, and submit taxes to HMRC, and provide payment statements to subcontractors

We assess the employment status and nature of work to determine whether a worker should be treated under CIS or standard payroll.

International businesses operating in the UK construction sector can participate in the CIS Scheme, and our services facilitate their compliance

We manage CIS Scheme compliance, ensuring accurate deductions, timely submissions, and adherence to HMRC guidelines.

We guide subcontractors through the registration & verification process and help ensure they receive accurate and timely payments

Yes, our services are equipped to manage the verification and compliance of international subcontractors.

CIS Scheme errors can result in financial penalties. Our services include thorough checks to minimize the risk of errors, ensuring compliance and financial integrity.

Absolutely, we provide dedicated support for CIS related queries and inquiries from tax authorities. Our services encompass handling communications, addressing inquiries, and ensuring compliance with CIS regulations. We are committed to offering comprehensive assistance tailored to your specific needs in the construction industry.

Contact Us Today.

Contact us by email, telephone or through our New Barnet offices to arrange your free consultation.

We can meet you in our offices, your offices or a venue of your choice, and at a time that suits you.