There are lots of opportunities for talented and creative individuals to find success as freelancers and contractors in the media industry so it’s our guess that you didn’t decide to go it alone because you love paperwork. The reality of running your own business is that there’s a whole heap of admin needed just to keep on top of your finances and comply with tax rules. Your day-to-day is spent working on contracts for clients, so when are you expected to deal with it all?
Expert service and support for media contractors – for a fixed monthly fee
Putting it off until January and then deciding you need an accountant to help you make sense of your records is the worst thing you can do. With potential late-payment penalties from HMRC, a ‘surprise’ income tax liability and your accountant’s fees you could be facing a large bill that you didn’t budget for.
Our affordable fixed-fee Media Accountant service makes it easy for you to keep your personal and business finances up-to-date, meet tax return and payment deadlines, and budget for tax and fees.
For a fixed fee per month you will benefit from
- access to your own dedicated accountant who understands your business
- telephone and email support
- ongoing bookkeeping or access to our online accounting portal
- completion of your annual accounts
- VAT and PAYE calculations
- completion of your Tax Return
- help to set up your limited company and a business bank account
- ongoing business support and tax advice
- The service is suitable for all contractors, freelancers and self-employed media professionals
Cloud accounting packages for media contractors
RfM Accountants recommends using a cloud-based accounting package to manage your bookkeeping and business finances. We have a choice of packages that are suitable for contractors – simply contact one of our offices to arrange a free trial. Once you sign up, you will receive training and ongoing support from an RfM accountant.
Find out more about our cloud accounting solutions here.
As a self-employed individual, you might think it would be in your best financial interests to make less profit, and therefore pay less tax. But when you need to apply for a mortgage, you’ll want the opposite to be true: larger profits, higher earnings. Whilst we can’t change your accounts to make it look like you’ve made more money, we can put you in touch with a partner advisor who specialises in mortgages for contractors.