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Stephen J.
Dann Information Technology Consultants Click here for Other Pages on this WebsiteAs an individual tax consultant I offer genuine advice to IT consultants. Some larger accountancy companies do sell pre-arranged schemes based offshore to unwary IT Contractors, in the full knowledge that the schemes are flawed by their very nature. Read my IR35 review page for more information on this, and in particular the PCG opinion of such schemes. Large numbers of IT contractors are being sold the concept that, by paying substantial fees to a "big name" tax advisor, they are subscribing to some magic formula when they are merely making some highly disreputable individuals very rich. I can help you mitigate the effects of IR35 quite legitimately, reducing substantially, the tax and NIC burden with a simple UK based limited company. There are no "clever" offshore schemes that truly work, and whilst the Inland Revenue are so busy unravelling those they are less likely to find time to trouble the more legitimate arrangements put in place by advisors such as myself. The first step is to ensure the contract wording itself is not too onerous, and then to take advantage of all the genuine tax saving reliefs and allowances available. I provide a tailor-made package for IT contractors with highly competitive fees for those who remain with me long-term and pay my fees on time. Contract Review and rewording as necessary £300
Limited Company Formation and advice on company structure £245
Annual Company Secretarial Service and registered Office £245
PAYE Scheme operation including payslips and year-end Return £600
Quarterly VAT Returns 4 @ £100 ea £400
Personal Returns for Director and spouse £295
Ad-hoc advice during year £450
Company Accounts and taxation computations £500
These fees make for a total fee of £3,035 in the first year and £2,790 thereafter.
It is essential that all aspects of an IT contractor's taxation affairs be handled professionally in order to achieve the
very real and substantial tax savings available. Your PAYE and VAT Returns must conform with your contract and for this reason I will only
represent you on the basis that you subscribe to the entire package.
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