Tax Effective emerged in the accounting practice market in 2017 to fill the gap in cloud accounting and digital tax submission.

Contact Us

Call anytime

0207 096 1192

Email

info@www.taxeffectiveltd.com

Location

GR85+6G London, United Kingdom

Freelancers and Contractors

As a freelancer or contractor, managing finances can be complex, from tracking expenses to handling tax returns. We here at Tax Effective provide customized accounting solutions, including self-assessment tax filing, VAT support, and financial planning, ensuring you stay compliant while maximizing your earnings.
IR35 Made Simple

Stay compliant with clear, practical advice

Maximise Take-Home Pay

Maximise Take-Home Pay

Self-Assessment Sorted

Stress-free filing, every time

Sole Trader or Limited Company

Guidance to choose the right structure

Specialist Accounting for Freelancers and Contractors

Freelancing and contracting offer freedom and flexibility — but they also come with unique financial challenges. From irregular income streams and complex expense claims to the ever-changing rules around IR35, managing your accounts can quickly become overwhelming.

At Tax Effective, we specialise in providing freelancers and contractors with clear, practical advice. Whether you’re working through your own limited company, as a sole trader, or via an umbrella arrangement, we’ll ensure your finances are structured for maximum efficiency and compliance.

  • Self-Employed Professionals: We’ll help you track income and expenses, claim allowable deductions, and stay on top of tax obligations.
  • Limited Company Contractors: From corporation tax to director payroll and dividends, we’ll set up your company in the most tax-efficient way.
  • IR35 Support: Unsure how IR35 affects your contracts? Our experts provide guidance on assessments and compliance to minimise risk.

Sole Trader or Limited Company – Choosing the Right Path

Many freelancers and contractors start their careers as sole traders. It’s quick, simple, and flexible — but as your income grows, there may be tax advantages to switching to a limited company structure.

At Tax Effective, we’ll help you weigh up the pros and cons of each option:

  • Sole Traders: We’ll keep you compliant with HMRC by preparing your self-assessment tax returns, advising on allowable expenses, and helping you plan ahead.
  • Limited Companies: If incorporation is right for you, we’ll manage the entire process — from company formation and registration to advising on corporation tax, VAT, and how best to draw income through salary and dividends.
  • Tailored Advice: Every freelancer’s journey is different. That’s why we provide personalised guidance based on your income, industry, and long-term goals — ensuring your setup is the most efficient for your needs.

With our support, you can be confident your business structure is not just compliant but also aligned with your financial ambitions.

Services

Services for Freelancers & Contractors

Self-Assessment Made Simple

Stress-free tax return preparation and submission

IR35 Guidance

Expert advice to keep your contracts compliant

Sole Trader Support

Track expenses, reduce tax, and stay HMRC-compliant

Limited Company Setup

Smooth company formation and registration with HMRC

Smart Tax Planning

Salary, dividends, and expenses structured for efficiency

VAT Support

Registration, returns, and ongoing compliance made easy

Cash Flow Clarity

Practical insights for managing irregular income

Payroll Solutions

Hassle-free pay setup for directors or small teams

Cloud Accounting Tools

Simple, modern systems to keep your finances in order

Do What You Do Best

We’ll handle the numbers, keep you compliant, and help you maximise your earnings — so you can focus on your work with confidence.