If you are new to contracting then do
not be daunted by fear of running a Limited Company. It is our job to take the pain away!
At Martin Cook Accounting Services
(“MCAS”) you will receive unlimited access to a Chartered Accountant who will take care of your accounting and
tax planning requirements.
Some of our clients choose a solution
whereby there is no need for you to run and administer a Limited Company.
Most of our clients work in either the
IT or the Oil & Gas industries where contracting is commonplace.
Where do I
Once you have secured a contract, we
can set up a Limited Company for you within 24 hours. You just need to think of the name! MCAS will pay for the
company set up on your behalf and will advise you on the share structure of the company. Thereafter MCAS will
help you get registered with HMRC – we need to register for self assessment, VAT, corporation tax, and also set
up a payroll as part of a tax efficient remuneration package designed for you. You will also need to set up a
business bank account and obtain business insurance (employer's
liability, public liability, and professional indemnity).