Futurelink Accountancy Services Limited

Contractor accounts and IR35 advice from Kings Langley

Set up as an offshoot of the Futurelink Group, Futurelink Accountancy Services Limited now operates from Kings Langley, Hertfordshire, with a specialism in IR35, the off-payroll working rules that affect independent contractors. Most of its clients are self-employed contractors and owners of small firms, and it offers help for contractors who still need a Unique Taxpayer Reference (UTR) number.

Cloud bookkeeping with figures close to real time

The practice has moved its work onto cloud accounting and says all of its clients work on one of three cloud platforms, which it describes as ready for Making Tax Digital. Bank feeds post transactions straight into the ledger, so bookkeeping and bank reconciliation happen close to real time rather than at year end. Because the figures are current, the practice says it can advise on future plans instead of looking back historically at problems that have already arisen.

Company formation, filing and payroll

The services listed include bookkeeping, payroll, annual accounts, statutory filing and returns, and advice on starting a company. Clients can therefore cover the administrative side of running a business through one practice, leaving them more time for the work itself.