Individuals working as Consultants or freelancers are common in various type of industries but they have a common feature – a high volume of income with a low number of transactions. For this reason, consultants and freelancers are working smart regarding the accounting solutions they need.

These Individuals providing their services as a freelancer or as a consultant could choose to invoice as a sole trader or through a Limited Company and will need a quick and easy bookkeeping solution. In addition to that, they would like a planned tax forecast to ensure that they withdraw a reasonable profits from their business with peace of mind, while leaving behind funds sufficient to pay their liabilities including corporation tax and VAT.

As we are partners with both Xero and quickbooks, this enables us to provide you with access to markets leading cloud accounting software. This will provide you fully automated financial system which will not only meet HMRCs requirements but also it will free up your time to focus on focus on your business performance and growth. We also offer fully transparent mixed monthly packages.
At Optima Accountants we combine smartphone accessible, cloud-based bookkeeping software with robust accounting services and quality tax advice to provide consultants and freelancers with everything they need to manage their records and operate in the most tax-efficient manner.

OPTIMA’s team can help you regarding important matters including:
The start-up and formation of your business
Setting up a limited company for your business if required
Preparing statutory year-end accounts
acquiring cloud computing solutions for your accounts
ensuring your business is “Making Tax Digital” compliant
Preparing your self-assessment tax returns
Manage any bookkeeping required
Dealing with HMRC queries on your behalf
Help is here!