ClearSky accountancy services for sole traders, freelancers, contractors, consultants and professionals:

Support in starting out

Sole trading vs limited company status, which path should you choose? We will support you in deciding and setting up the best route for you. It may even be that we steer you in the direction of our sister PAYE umbrella company, Parasol. We can also help you to set up a business bank account, register for VAT where appropriate and get our dedicated Wealth Management team to discuss savings, pensions and other ways to supplement your income.

Taxing concerns

When it comes to tax and legislation, with over 12 years working with people in similar situations, you can be sure we know all there is to know about the financial legalities of being a self-employed sole trader. You can turn to us for expert advice on:

  • IR35 and what this means to you. Understanding the implications of IR35 is especially important if you choose the limited company route.
  • Tax planning and how to minimise your tax liability, while making sure you are compliant.

An administrative helping hand

Let us take away all that time consuming paperwork safe in the knowledge that everything’s completed correctly and ahead of HMRC deadlines:

  • We can keep on top of all your daily accounting and book-keeping needs. Simply submit all the information we need via our handy online portal and leave the rest to us.
  • We’ll then use this information to compile your year-end accounts and complete your corporation tax, VAT and PAYE returns.
  • Business expenses can be claimed and reimbursed via the portal too – making sure you’re always in pocket and the right tax is deducted.
  • Automatic invoice generator functionality within ClearSky Online also stops you having to send duplicate copies across to your Personal Accountant and calculates your VAT for you.

Insurance matters

Whatever trading option you take, you’ll need professional insurance protection. In fact, most clients will stipulate you’ve sought this before you even start trading with them. With the help of our selected partner, Kingsbridge Professional Solutions, we can help arrange this for you. What’s more, if you opt for our Assure package you’ll receive up to £12m worth of free, fully comprehensive business insurance cover from day one.

If this is you and you’d like to know more about our no nonsense approach to accountancy tel: 08000 325 326