IT, Engineering & Medical Professionals
Here at Taxcare Accountancy, our experienced team offer a range of services to IT, Engineering, medical and other professionals. Whether you are a GP, GP locum, healthcare professional, nurse, dentist or an IT consultant, we understand the financial challenges you face.
According to the government IR35 legislation, if you provide your own professional services though a limited company or partnership, we can help you determine your IR35 status. Our team have many years of experience when it comes to IR35, so we can use our knowledge to review your individual situation and determine your tax liabilities.
If you are engaged inside IR35, you are deemed to be an employee of your company for tax purposes and will need to make a deemed payment at the end of the tax year, alongside a National Insurance contribution. If you offer contract services which fall outside of the IR35 legislation, you are considered a separate legal entity to a business and are not able to receive the benefits of a permanent employee. This means you may be eligible for increased tax opportunities, which our team will be able to advise upon.
In addition to IR35 assistance, our team can offer a variety of accountancy services designed to assist you in providing an efficient service to your clients. We can assist with everything from end of year accounts and income tax projections to payroll services and management accounts, so that you never have to worry about missing a deadline again. In addition to filing returns, our team will help you identify potential opportunities so that you benefit from tax savings and growth opportunities.
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