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What is a business contractor?

A contractor provides services to other businesses, without actually becoming their employee. Contractors usually operate as self-employed, either as a sole trader, or through their own limited company, though you can choose whichever legal structure which suits your business best.

Do contractors report their earnings to HMRC?

You’ll need to let HMRC know about your contracting business so that you can report and pay tax correctly on the money that you earn. As a contractor you might also have other obligations depending on your circumstances. For instance, registering a limited company with Companies House, or submitting CIS returns if you use subcontractors.

Read our contracting guide to get started as a contractor, or learn more about our accounting services for contractors.


Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.