Personal Service
Direct, tailored support from an experienced Chartered Accountant who understands contractor companies.
Specialist accounting for limited company IT contractors
Lateral Accounting
A personal, proactive accounting service designed specifically for IT contractors operating through limited companies.
Janet helps contractors remain compliant and tax-efficient while giving them a clear, up-to-date understanding of both their company and personal tax position.
Proactive Tax Planning
Regular salary, dividend and tax guidance so you can make informed decisions throughout the year.
Clear Financial Position
Detailed monthly reporting helps you understand what you can withdraw, what you owe and what should be set aside.
What is included
Contractor Accounting Package
£165/month + VAT
- Monthly payroll for one director
- Quarterly VAT return preparation and submission
- Monthly salary and dividend calculations
- Advice on maintaining a tax-efficient salary and dividend structure
- Reminders of upcoming HMRC and Companies House deadlines
- Preparation and filing of annual statutory accounts
- Filing of the annual Companies House confirmation statement
- General IR35 guidance
- Ongoing accounting and tax support
- QuickBooks subscription at the wholesale rate, where required
A particularly useful part of the service
Detailed month-end reporting
Your monthly reporting is designed to show the financial position of the company in practical, contractor-friendly terms, including:
- The director’s take-home amount available to transfer from the company
- A reconciliation of the director’s loan account
- Estimated corporation tax and personal tax liabilities
- The amounts that should be set aside for upcoming taxes
- Any taxes currently due, together with deadlines, payment details and reference numbers
- A comparison of tax funds required against the amounts saved
- Retained-profit calculations
- Cash-flow forecasts
When you need more
Additional Services
Preparation and filing of one director’s annual Self Assessment return
Detailed IR35 contract review
Additional employee payroll
Bookkeeping or correction of incomplete records
Company formation and initial tax registrations
Company accounts and tax returns
Preparation and filing of the company’s corporation tax return
Package basis:
The £165 per month plus VAT package assumes a straightforward, owner-managed contractor company with one director and shareholder, one payroll, quarterly VAT returns and records maintained through QuickBooks. More complex requirements would be quoted separately.
Meet your accountant
Janet Knapton
Chartered Accountant · ICAEW Member
I am a Chartered Accountant with more than 17 years’ experience specialising in supporting contractors and small and medium-sized businesses. I pride myself on providing a personal, proactive service tailored to each client’s needs, helping them operate tax-efficiently while allowing them to focus on running and growing a profitable business.
I qualified as a Chartered Accountant in South Africa in 2006, having completed my training with Deloitte in its Financial Services division. Since moving to the UK in 2008, I have provided UK accounting and tax advice to contractors, individuals and businesses.
Professional standing
Member of the Institute of Chartered Accountants in England and Wales (ICAEW) and holder of an ICAEW practising certificate.
Contact Lateral Accounting
Lateral Accounting
2 Chestnut Road
Kingston Upon Thames
KT2 5AP
Speak directly with Janet
For contractor accounting enquiries, package questions or to discuss your company’s requirements, contact Lateral Accounting directly.
Telephone
07805 465689
Email
[email protected]
Website
www.lateralaccounting.com
LinkedIn
Janet Knapton
2 Chestnut Road
Kingston Upon Thames
KT2 5AP