Having retired quite a few years ago, I don't have recent experience in contractor accounts, but a contractor's accounts aren't that hard, usually one invoice a month. My little business accounts are way harder, although the income is tiny. Lots of small purchases, bank, Amazon, Google, Worldpay and Paypal accounts, wholesalers who don't pay in line with invoices, stock, and an idiot sister who can't get anything right, sales dated in the far future and from William the Conquerer's time.
You need to keep spreadsheets or other records of all your business and personal expenses, receipts, bank transactions and payments to yourself anyway to give your accountant. Not so hard to create linked sheets for VAT, PAYE, company accounts and Corporation tax. VAT is quite simple, annual accounts and CT are both much simpler than they used to be, you can do both in one submission.
I wouldn't assume professional accountants get it right, I had one that made some massive cockups. Even if you do use them, it helps to have your own checks.
PS HMRC have online calculators for PAYE.
You need to keep spreadsheets or other records of all your business and personal expenses, receipts, bank transactions and payments to yourself anyway to give your accountant. Not so hard to create linked sheets for VAT, PAYE, company accounts and Corporation tax. VAT is quite simple, annual accounts and CT are both much simpler than they used to be, you can do both in one submission.
I wouldn't assume professional accountants get it right, I had one that made some massive cockups. Even if you do use them, it helps to have your own checks.
PS HMRC have online calculators for PAYE.
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