Simplify Your Finances
with Expert
Contractor Accountancy
Focus on what you do best with our all-inclusive limited company accountancy service. With 30+ years of contractor expertise, we offer expert financial advice, daily account monitoring, and 24/7 access to your finances through our intuitive online portal.
For Limited Companies
Running a successful limited company involves huge amounts of responsibility. Our specialist team of limited company accountants delivers expert tax advice and support to all contractors and freelancers working through a limited company. Whether you’re new to freelancing, switching accountants or changing how your business operates, Brookson stays with you every step of the way.
For Contractors
Whether you’re new to contracting or experienced in running your own business, Brookson provides you with your own specialist. We take the hassle out of self-employment by handling your accounting and ensuring you’re compliant with existing tax regulations, so you can focus on doing what you do best.
Choosing the Right Level of Service
Your contracting career is unique, and so are your accountancy needs. Whether you're just starting out or managing complex finances, we have a service tier designed for you.
Sole Trader Solutions
For contractors and freelancers seeking essential tax support without unnecessary costs.
- FreeAgent setup & support, including record migration
- Annual bookkeeping & tax efficiency review
- Annual accounts preparation
Self Assessment preparation & submission - Quarterly MTD submissions where applicable
- Key date reminders
- Access to Brookson’s support team for compliance queries
Year End Acccounts
For self-sufficient contractors and freelancers who need core accounts support at a lower cost.
- FreeAgent subscription included, with setup support & record migration
- Annual bookkeeping & tax efficiency review
- Annual statutory accounts & corporation tax return preparation & filing
- Key date reminders
- Access to Brookson’s support team
- Additional services available as needed
PSC Accountancy Services
For limited company contractors and freelancers seeking comprehensive, hands-on financial support.
- Set up in as little as 24 hours with no minimum tie-in or exit fees
- Dedicated contractor accountant monitoring your finances
- Expert IR35 advice & compliance support
- Proactive tax planning to maximise your take-home pay
- 24/7 access to your accounts via Brookson Connect
- All-inclusive fee with no hidden costs
Why Choose a Limited Company Structure?
A limited company structure offers significant advantages for many contractors. From tax efficiencies to enhanced professional credibility and protection, the benefits often make this the optimal choice for your contracting career.
Tax Efficiency
Structure payments efficiently based on your circumstances
Limited Liability
Protect personal assets from business losses and liabilities
Professional Image
Enhance credibility with clients and larger businesses
Separate Entity
Create a stable business structure separate from yourself
Increase Profitability
Retain more profits through strategic tax planning
Easy Succession
Transfer or sell shares easily for long-term planning
Understanding your working options
Choose the structure that maximises your earnings whilst ensuring compliance with UK tax regulations.
Limited Company
Keep more of your profits through salary and dividend optimisation. Perfect for established contractors seeking maximum control and financial benefits.
Most tax-efficient option
Umbrella Company
PAYE employment with minimal admin. Ideal for contractors wanting simplicity without the responsibilities of running a company.
Simple employment solution
Sole Trader
Direct relationship with clients with full control over your business. Suitable for simple contracting arrangements.
Straightforward self-employment
Frequently Asked Questions
Find answers to common questions about our accountancy services.
What is a contractor accountant?
A contractor accountant specialises in offering financial support to self-employed workers. Whilst regular accountants provide broad knowledge across tax disciplines, contractor accountants offer higher expertise on tax issues regularly facing freelancers and contractors.
When you’re working for yourself, nothing is more important than managing your finances effectively. Hiring a contractor accountant ensures you receive the best support and advice possible. The contractor accountants at Brookson offer unrivalled knowledge on IR35, claiming expenses, filing tax returns and setting up your business.
Why choose Brookson for contractor accountancy?
Brookson has been providing contractor accountancy services for over 30 years, helping thousands of contractors annually to set up their businesses and support with their finances. Our friendly, experienced team of contractor accountants are renowned for their excellent service and results.
We provide an all-inclusive service with hand-picked accountants who monitor your finances on a daily basis, ensure you stay up to date with ever-changing tax laws, and provide access to Brookson Connect – giving you full control and visibility of your business accounts.
How much does a contractor accountant cost?
Contractor accountant fees typically range from £50-£200 (plus VAT) per month, depending on your chosen service level and business complexity. Brookson provides competitive pricing across all our contractor accountancy services with transparent pricing and no hidden fees.
Our all-inclusive service bundles everything you need from an accountant into one excellent package, allowing you to benefit from expert support without breaking the bank.
Do I need an accountant as a contractor?
Whilst you’re under no legal obligation to hire an accountant, the benefits often far outweigh the costs. Tax regulations are complex and constantly changing. Managing your finances incorrectly can result in penalties, missed opportunities for tax efficiency, and significant stress.
At Brookson, we handle everything from Self-Assessment forms to improving tax efficiency and providing proactive advice. This delivers peace of mind and prevents you from constantly worrying about your tax affairs, allowing you to focus on doing what you do best.
What is a limited company?
A limited company is the most secure form of self-employment for many contractors. Limited companies provide greater tax efficiency and allow freelancers to maximise their take-home pay whilst lending your business valuable credibility and authority and limiting your personal liabilities.
Most small UK companies establish as private limited companies (LTD), providing increased financial protection since you won’t be personally liable for company losses. The owners are only financially responsible for money they’ve invested, making it perfect for freelancers wanting to expand or enhance their professional image.
How do I get started with Brookson?
Getting set up with Brookson is remarkably simple. You can get started in as little as 24 hours with no minimum tie-in period or exit fees. Simply fill out our contact form to claim your FREE consultation, and our experienced team will guide you through the process.
Whether you’re new to contracting, switching accountants, or changing how your business operates, Brookson stays with you every step of the way with dedicated support and expert guidance.
Book your free consultation today
What Our Contractors Say
Discover why contractors across the UK trust Brookson for their accountancy needs.
★★★★★
“Friendly and clearly cared about my comfort with the system”
Gill was very helpful throughout and answered any questions I had thoroughly and quickly. She was very friendly and clearly cared about ensuring I was comfortable with the system and processes.
Jamie
★★★★★
“What could have been complicated felt incredibly easy”
The entire onboarding process was smooth. Special thanks goes to Marrianne, who guided me from day one. She took the time to explain everything clearly and made what could have been a complicated process feel incredibly easy.
Emily Herbert
★★★★★
“Advice, guidance and support that will be invaluable”
After going through the onboarding process, I can’t thank Danielle enough for her advice, guidance and support, which has been, and will be, invaluable to me moving forward.
Wyn Williams
★★★★★
“Efficient work, always a pleasant experience”
We have been using Brookson One as our accountants for a number of years now and I must commend the efficiency of their work. It is always a very pleasant experience with all the business advisors and the entire team. Great recent experience with Courtney from the business advisors team.
Mr Bhavesh Parmar
★★★★★
“Always on time, very helpful if any problems arise”
I’ve been paid via Brookson for a while now and it’s always on time. If any problems arise, they are very helpful. Would recommend if you are looking for a decent payroll service.
Reuben
★★★★★
“Every query handled with care and efficiency”
I have had and continue to have an exceptionally positive experience with Brookson. Nothing is ever too much trouble. My main contact, Gillian, has been outstanding and strikes the perfect balance of professionalism and compassion.
Anonymous
★★★★★
“A very steady hand through the information overload”
Marrianne’s patience, care and attention to detail immediately put me at ease. The Brookson One Portal and onboarding process are seamlessly aligned. Starting a new business is always fraught with information overload, but Brookson One has been a very steady hand.
Tim Balfe
★★★★
“Patient and thorough, nothing is too much trouble”
They are patient with me even when I don’t fully understand the details. They go through them again and explain until I do. Nothing is too much trouble.
Graham Lowther
★★★★★
“Guided me professionally with clear information”
Having support from Marrianne through the onboarding process helped me understand what was needed for my new limited company. Marrianne guided me professionally, giving clear-to-understand information.
George Foulger
★★★★★
“Step-by-step, easy to follow and effective”
Danielle has provided a step-by-step, easy-to-follow and effective way to get my limited company running in no time. Her explanations and general advice have been extremely helpful with great attention to detail.
Adrian