The best time to get your finances sorted is before you need them to be
Fully managed accounting built specifically for professional contractors
"Knowing I have effective accounting handling my accountants is knowing that it is just taken care of. Peace of mind is what they offer, super responsive and friendly, allowing me to build my company and focus on my job. They were there at the start and helped me understand everything, best move I ever made."
Richard Leshone | Leshone Ltd
We Get Your World
Contracting wasn’t an accident. You chose it. The flexibility, the variety, the earning potential. But with that comes income that moves in peaks and troughs, IR35 legislation that never quite stops shifting, and projects that can end faster than you’d like.
Most accountants weren’t built for the way contractors work. They’ll handle your year end and leave you to figure out the rest. When a contract ends unexpectedly or IR35 rears its head, you need someone who’s already across your numbers and easy to reach. Not someone you have to chase.
We work very differently.
We work with HR, marketing, IT, transformation and change management, and project management contractors. If you’re a professional contractor running a limited company, you’re exactly who we’re here for.
“I’ve used Effective Accounting for the last few years and I recommend them to everyone I know. I really appreciate their patience, guidance and expert knowledge.”
Rob Kidd | Rubikon Consulting Ltd
Your Own Finance Director. Without the Finance Director Price Tag.
Effective Accounting changes that.
You get the same quality of thinking. The same proactive advice. The same someone-actually-knows-my-situation feeling, for a fixed monthly fee, with no clock running on your questions. Ask us anything. Seriously, anything. There’s no such thing as a silly question and there’s no extra charge for asking it.
Every client gets a dedicated Client Manager who understands their business inside and out, keeps everything organised throughout the year, and is easy to reach when questions come up.
Your Client Manager is backed by qualified accounting expertise, modern cloud-based systems, and ongoing support designed to keep everything organised and running smoothly throughout the year.
“Nicola is one of the most adept and accessible accountants I have ever had the pleasure of working with.”
Carter Stewart | Transworld Consulting Ltd
What We Actually Do
Your job: send your sales invoices on Xero, upload your receipts to Dext, and fill in the odd form when we ask. It fits around your day and it can all be done from your phone or tablet.
Our job: everything else.
- Fully managed bookkeeping, every transaction, every month - categorising every penny you spend to claim the tax deductions
- Year-end accounts and corporation tax
- VAT returns
- IR35 guidance and contract reviews, every single contract
- Tax planning so you always know what's coming, no nasty surprises at year end
- Income planning so the gaps between contracts don't catch you off guard
- Unlimited access to your dedicated Client Manager, bookable whenever you need them
Within a few months, most of our clients feel in control of their finances for the first time. The heavy lifting is handled, the numbers make sense, and it’s still very much their business.
Our Signature Finance Updates are designed to give you the financial clarity you actually need, without the overwhelm of traditional management accounts.
“They always go the extra mile, providing clear, easy-to-understand updates on the budget and other important financial information. Their communication is straightforward and jargon-free, which makes managing my accounts so much easier. “
Angela Keaney | Keaney Consultancy Services Ltd
Is this for you?
We're probably a good fit if:
- You're running a limited company
- You want someone who handles everything, not just year end
- IR35 is something you want properly managed, not just ticked off
- You want to plan your finances, not just react to them
We're probably not right for you if:
- You want to do your own bookkeeping
- You're a sole trader
- You just need your accounts filed and nothing more
Fixed fees, so you always know where you stand
Your income can change from month to month. Your accounting bill shouldn’t.
That’s why we agree a fixed monthly fee upfront giving you certainty over your costs and allowing you to spread the cost of your accounting throughout the year. So, whether you’re mid-contract or between placements, you always know exactly what your accounting will cost
Your fee also includes unlimited email and phone support from your Client Manager. Ask questions whenever they come up. There’s no clock watching and no surprise bills for getting in touch.
A typical service package and price is shown here, but the exact fee will depend on things like whether you’re VAT registered and how much bookkeeping support you need.
We’ll confirm your fixed fee before you sign up. The fee we quote is the fee you pay.
Accounts & corporation tax
Company secretarial
Self-assessment tax returns
VAT returns
We’ll take care of preparing and submitting your company’s VAT Returns. We’ll also conduct a review of the VAT claimed on expenses to ensure that your VAT input claim is optimised, helping you save money where possible.
Payroll
Xero
Dext
Tax enquiry cover
Support
Typical fee*
£167.00 + VAT
Interested in joining us?
* Actual package costs will vary depending on VAT status, business activity, staff numbers and Xero package