BLOG

Keep up to date with the latest developments affecting you

Our blog keeps you in‑the‑know when it comes to the industry news and updates relevant to you and your business. You'll also find useful guides to help you operate more effectively and efficiently today and into the future.

THE BENEFITS OF USING A SPECIALIST ACCOUNTANT

Wed 29th Jul 2020

Whether you are a freelance contractor, sole trader or a limited company contractor, there are a number of benefits to working with a specialist contractor to help when it comes to taking care of all of your tax affairs.

As a self employed freelancer you will need to file a self-assessment tax return with HMRC each year. If you operate through a limited company you will also need to file the company accounts and company tax return. As there are strict fines for late filing, one of the most obvious reasons to work with an accountant is to make sure you don’t miss any HMRC deadlines.

Working with a specialist accountant can give you specific advice as a freelancer and keep you up to date with any changes to legislation that could have an impact on you.

A good accountant will provide you with guidance to help you maximise your business profits, highlighting expenses and allowances that can be claimed. Allowing you to focus on what you do best in the knowledge that you are operating your expenses in a compliant manner.

When you work with 2020, you'll have access to leading technology that's been designed and tailored to the specific needs of limited company contractors.

Accessible from any device with an internet connection, our portal provides you with 24/7 access to enter your timesheets, upload expenses, check your balance and message your accountant.

As limited company contractor specialists, you can trust 2020 Accountancy to provide leading services tailored to your exact requirements to help grow your business and maximise take-home pay in the most compliant manner.

Latest Articles