Accountants for IT Contractors
Maximize Your Take-Home Pay with IT Contractor Accounting
Let Bright Ideas Accountancy simplify your finances
Designing, building, delivering, operating, or maintaining IT infrastructure? Working in cybersecurity, systems management, network administration, software, web or app development, data analytics, or digital forensics? Regardless of your specialism in the IT sector, if you’re a contractor, you’ll no doubt be making the most of the demand for your services – as well as the ability to choose your clients, your hours, and your price point.
But while the pay and work-life balance can be great, the operations side isn’t so straightforward. You have to deal with the admin of acting as a limited company or sole trader. It’s a hassle to say the least, and all you really want to do is maximise your take-home pay compliantly.
Bright Ideas Accountancy has supported countless IT contractors, so we know a thing or two about boosting tax efficiency. We’ll draw on our industry knowledge so that you can focus on your IT contracting without worrying about the tax return, VAT, and more. Ultimately, we’re the accountant for IT contractors.
Freelancers accounting services
By choosing Bright Ideas for your accounting needs, you’ll get an expert partner at your fingertips. We’ll manage your finances, simplify the jargon, and even advise on aspects such as profit and loss. It’s more than accounting – you get to draw on our extensive experience in helping countless contractors in the IT industry.
We’re 100% cloud-based too, digitising your affairs and giving you 24/7 access to your accounts no matter where you are. Whether through FreeAgent or QuickBooks, you’ll always have a clear picture of your finances.
The support that our accountants for IT contractors offer goes beyond the products we use. With dedicated Account Managers, we provide a one-to-one service so that you’ll receive tailored guidance. This also enables us to be incredibly responsive, with a guaranteed same-day response to calls and emails received before 3pm.
We have a variety of accounting packages – all with transparent pricing. But whichever you choose, you’ll receive unlimited face-to-face meetings and periodic bookkeeping health checks. Because your success is our success.
All inclusive package
Free company incorporation
Yearly annual return preparation
Annual accounts preparation & filing
Quarterly MTD-compliant VAT return preparation & filing
Company tax return preparation & filing
Monthly subscription to FreeAgent included - and user tutorial for no extra charge
Your own dedicated accountant and tax adviser
Unlimited personal support by phone and email
Annual company P11D and employee P60s
Unlimited secretarial services
Unlimited IR35 contract reviews and working practice advice
Acting as agent with HMRC for both director and the company
Personalised tax planning for the director
Ongoing tax advice for the company
Quarterly bookkeeping health checks
Director self-assessment tax return
One mortgage & income reference per year
Monthly payroll for one employee including RTI return filing
FreeAgent at no additional cost
All Bright Ideas clients get automatic access to FreeAgent – the UK’s #1 small business accounting software. Used by more than 60,000 freelancers, contractors, and small businesses, it helps to improve efficiency and ensure compliance with Making Tax Digital.
FreeAgent is HMRC-compatible, incredibly user-friendly, and can be used from any device at any time. It provides a full overview of your business performance, income, and profitability, as well as many other features.
- Cash-flow monitoring dashboard
- Estimate and invoice tracking and creation
- Direct tax return submission to HMRC
- Automatic generation of VAT returns
- On-the-go expense recording and management
- Direct connection to bank accounts
- Smart timesheets
Looking to switch accountants?
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For more information, read our free contractors guide
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Our clients have a lot to say about us
Paul Leonelli2024-02-14Jack smith from bright ideas has always been helpful and efficient with my accounting needs. Highly recommended!
J McDonald2023-11-23Bright Ideas has been my accounting firm for several years, and their support has been consistently outstanding. They have efficiently addressed every question or concern I've had regarding my tax matters. Throughout the years, Alexandra, Sophie, and Zac have provided me with invaluable assistance, and I can't express enough appreciation for their outstanding support.
Nhamo Gordon Nyakambangwe2021-11-08Highly recommend Syed and team at Bright Ideas Accountancy for their diligence and professionalism. Always available to guide you and explaining the implications and consequences of the different accounting treatments and allowing you to make informed decisions. Always reachable when you need them.
Tilesh P2021-09-19I spent over 4 years with the team at Bright Ideas. Syed was my main con tact and it was the best contracting agency I have worked with.. Syed made my life very simple and everything was completed and resolved in a very efficient manner. He was always available on the phone and I really appreciated this kind of service. I highly recommend these guys - you cant go wrong.
Hannah Birkett2021-09-12Syed was our accountant for a year and provided great service! My business partner and I had just started our own company and knew very little about the accountancy/financial side of things. It's been so helpful to have someone to ask for guidance and assistance with financial/tax/hmrc/furlough questions! Definitely recommend Syed if you're looking for an accountant :-)
Simon Edmundson2021-04-18Zac and team at BI Accountancy have provided fantastic service to me. Always professional, knowledgeable and very responsive in discussing the best course of action. Would recommend to anyone looking for a quality accountant that provides professional and brilliant customer service.
Christine Cavanagh2021-03-10Michael was my accountant for several years. He is always extremely calm and helpful and an absolute delight to work with. He replies extremely quickly and is always positive. I highly recommend him.
Raj Gorsia2021-03-03Thomas has been an excellent accountant. I knew hardly anything about starting my own company and setting up my accounts. And i was hand held along the journey. Getting to a point where i know some basics , but nevertheless Thomas has replied to my emails within a day usually, and if he doesn't then its only because hes on a well deserved break off work! As i said already, the best part of this is that there is no rudeness or any judgement against me when i am asking to be walked through every single step, they run a good business which values their clients. He has also given me some useful advice about managing any personal finances, so its more than just the standard accountancy, they go an extra mile
David Griffiths2021-01-30Michael has been my accountant for the past three years and I highly recommend him. Always helpful and prompt and this year has got my self-assessment submitted on Saturday 30 January despite me only contacting him about it on the 28th (I was reminded in plenty of time too!)
Jon Cox2021-01-29Michael at BI Accountancy has been my accountant for about 4 years now and I can’t recommend them enough. He always replies extremely quickly to emails, and thoroughly answers all my many accounting questions. Everything has been very easy and he’s always gone the extra mile, extremely happy with the service, thanks guys!
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0161 669 4221
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