We provide accounting and taxation solutions to contractors. Our accountants for contractors can tailor their services to meet all your needs to provide the right solution for you.
If you’re a contractor in Birmingham looking for professional accounting services, look no further than Naseems Accountants.
We have been providing talented accountants for contractors in UK for quite some time. Moreover, We take pride in offering tailored services to meet each of our client’s unique needs, and we’re committed to delivering exceptional results.
Our team of experienced accountants has a wealth of knowledge and expertise in the contracting industry. We work closely with our clients to ensure they comply with all tax and accounting regulations while maximising their profits.
If you’re a contractor in Birmingham or the surrounding areas, contact us today to learn more about how we can help you.
Naseems Accountants has been serving contractors in Birmingham for many years, and we deeply understand the industry.
Here are just a few reasons why you should choose us:
We specialise in providing accounting services to contractors. Our team has a wealth of experience and knowledge in the field, and we stay up-to-date with the latest tax laws and regulations to ensure you always receive the best advice.
We offer personalised services tailored to your requirements. Whether you need help with bookkeeping, VAT, or payroll, we can create a package that suits you.
Professional accounting services should be affordable for all contractors. That’s why we offer competitive pricing and transparent fees. You’ll always know what you’re paying for, and there are no hidden costs.
We offer online access to your accounts, so you can view your financial information whenever needed. This makes it easier to manage your finances and stay on top of your funds.
IR35 legislation can be complex, but we have the expertise to help you stay compliant. We will assess your contracts and working practices to determine your IR35 status and advise on remaining compliant.
In addition to these services, we offer general business advice and support to help you grow and succeed as a contractor. We believe in building long-term relationships with our clients and are committed to providing exceptional customer service.
With our team of experienced accountants for contractors and our commitment to excellence, we are confident that we can help you achieve your goals.
As an accountant for contractors, we offer a range of services including bookkeeping, payroll, tax planning and preparation, financial reporting, and business advisory services.
IR35 is legislation HM Revenue and Customs (HMRC) introduced to prevent individuals from avoiding taxes by providing services through an intermediary, such as a limited company while working as an employee. It affects contractors by determining their employment status and whether they are subject to PAYE and national insurance contributions. Contractors need to be aware of IR35 regulations and ensure compliance.
We use a variety of software tools for bookkeeping and accounting, including Xero, QuickBooks, and Sage, depending on the specific needs of each client.
We can schedule regular meetings to discuss your financials, including monthly or quarterly reviews, depending on your needs.
Yes, I can provide business advisory services to help you develop and implement effective business plans and forecasting strategies.
An accountant can help you save time and money, ensure compliance with tax laws and regulations, and provide valuable financial advice to help you grow your business.
Let us take care of the numbers, so you can focus on your contracting business.
Ready to take the next step? Get in touch with us today to schedule your initial 30 mins free consultation.
Talk to an expert accountant for contractors who can help you achieve your financial goals.
Get a transparent and competitive fixed quote for our accounting services today and take the first step towards financial success.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
If you’re already running your own limited company, one of the key advantages is the flexibility in how you take income. But doing it right takes planning.
Many associates start as sole traders, but once income grows, it may be worth considering a limited company structure. Incorporating can open up new tax planning opportunities, but it’s not always the right move.
If you decide to go limited, we’ll handle the entire setup and make the transition as smooth as possible, with no disruption to your work or income.
As a self employed associate, filing your own Self-assessment is a legal requirement, but many leave it too late or miss out on valuable deductions.
You’ll receive reminders, clear explanations, and full support, so your tax return is one less thing to worry about.
Claiming the right expenses can lower your tax bill substantially, but it’s also one of the areas HMRC looks at closely, so accuracy matters. Many dental associates underclaim and pay more tax than they should, or overclaim and risk penalties.
We’ll guide you on what’s allowed and what’s not. Some examples are:
We make sure your records are clean and that your claims are correct.
Once your dental practice is operating through a limited company, one of the most important financial decisions you’ll face is how to extract your profits. The right balance between salary and dividends can significantly reduce your tax bill, but it must be handled correctly.
Paying yourself too much salary can trigger higher national insurance costs, while taking excessive dividends without proper planning may lead to unexpected tax bills or impact mortgage and financial assessments.
VAT is one of the most misunderstood areas for dental practice owners. While most NHS treatments are VAT exempt, many private and cosmetic services, like teeth whitening or facial aesthetics, can fall under the standard rated category.
This mix of exempt and taxable income creates what’s known as a “partial exemption” scenario, meaning you may not be able to reclaim all of your VAT on expenses. And that’s where many practices unknowingly get caught out.
As specialist dental accountants, we help you identify and claim every allowable expense, such as:
Claiming correctly not only lowers your tax bill but it also improves the financial clarity of your practice. We make sure nothing is missed.
Understanding which expenses are tax-deductible can make a real difference to your tax liability.
