What we do…
KPP provide a five-star personal service to UK contractors and freelancers. At KPP we combine clear, expert advice and great customer service with our online software options in Xero and Free Agent to provide our contractors and freelancers with the best possible tax and accounting service. We offer a complete accounting and tax solution with simple, modern communication for an all-inclusive fixed fee.
Our contractors can relax knowing everything is taken care of, they are fully informed and can concentrate on bringing in business and delivering value for their clients.
What do you get?…
Less Hassle – more service – we’re passionate about delivering on our promise, making your life easier, building trust and instilling confidence. And you’ll always get to speak to someone who knows your account, for unlimited, specialist advice and support. We’ll explain things clearly, in advance, and set everything up to run in a streamlined, hassle-free way.
Less tax – more earnings – our specialist contractor-focused advice ensures you keep as much of your hard-earned cash as possible and never pay more tax than you need to. We’ll set up your business and remuneration structure in the most tax-efficient way possible, discuss IR35 and proactively advise you on an on-going basis, in response to changes in circumstances or HMRC rules.
Less paperwork and time involved – more control & visibility – our bespoke software is quick and easy to use and gives you a 24/7 real-time view of expenses, drawings available and tax liabilities and generates all the information required to keep HMRC happy. Everything’s organised in one secure place – no paperwork and no spreadsheets. Raise invoices and claim expenses online – that’s it, we’ll take care of everything else, monitor your account and ensure you’re compliant, whether with HMRC, VAT, PAYE or Companies House. We’ll remove the admin burden of running a company. Simple – more time for you to do what you do best.
Less stress – more peace of mind – guaranteed turnaround times, automated reminders, specialist pro-active tax planning and a fixed fee mean you can relax, knowing everything is taken care of. Key dates and amounts are explained well in advance. No worries about filing returns or dealing with the taxman. Never miss a deadline or pay a fine. Zero stress.
How we do it…
More and more people in the freelance sector are moving to specialist accountants with modern contractor/freelancer-focussed tools… for expert tailored advice, excellent customer service, 24/7 online control, added value functions and great value for money, why not join them?
Whether you’re new to contracting, or a seasoned pro. We will clearly explain everything you need to know and help with everything you need to set up. We will make sure your everything is structured in the most tax-efficient way possible and we will be reviewing your accounts monthly to make sure it stays that way. KPP are qualified Chartered Accountants, experienced and specialists – you can trust us that everything will be taken care of and your earnings will be maximised.
At KPP we are serious about customer service. Our systems and processes are geared to providing the service you need. You will always speak to an accountant with knowledge of your account and we will return your calls and emails within 24 hours. Everything you need from an accountant to manage a limited company and ensure that all accounts, HMRC and Companies House returns are filed electronically, on time, plus the comfort of support and tax advice when you need it.
We use Xero, Free Agent and Iris software which makes it simple to manage your affairs. You can use it to claim expenses, track mileage and raise invoices, whenever convenient or alternatively leave it all to us. Everything’s in one secure place and there’s no need for paperwork or spreadsheets.
Some of the benefits of using KPP Accountants
- Expert accountants in the contractor sector.
- Online accounting software and phone app.
- Only £82.50 + VAT – fixed monthly fee.
- No hidden costs, no exit fees
- Great service – guaranteed response times
- Chartered Accountants.
- Unlimited advice provided by your dedicated accountant.
- Automatic calculations of wages, dividends and tax liabilities.
- Never miss a deadline.
- We’ve been providing accounting services to contractors for over 10 years.
Year end Accounts
Once the year end has passed, we will automatically prepare your year end accounts and get them sent to you. Once approved, they will be submitted to HMRC and Companies House.
As a limited company, we’ll calculate and complete the corporation tax return. We will also complete the self-assessment return for the company Directors. If you’re VAT registered we’ll complete and submit your VAT returns.
Whenever you have a question you are free to email, phone or skype us and we’ll answer your query as soon as possible. We will also provide proactive advice where we think it’s beneficial to you. We believe in telling you about things before they happen instead of after.
- Dedicated account management
- VAT registration & filing
- Year end accounts
- Corporation tax return filing
- Real-time XERO accountancy software
- Invoicing and expenses
- Bank reconciliation
- Bank account set-up
- Secure HMRC filing
- Registered office service
- Payroll for directors
- Employee payroll
- Secure bank feeds
- Annual return filing
- Self Assessment filing (one director free)
- Accountancy review
- IR35 contract reviews & assessments
- Book keeping
- Unique personal tax savings plan & advice
We don’t believe in premium packages with higher prices – we believe in a premium package for everyone for a fixed fee of £82.50 + VAT per month with no add-ons.
Whichever industry you’re in, you’ll receive the same personal attention, expert advice and hassle-free service, giving you more time to focus on what you do best.
New to contracting or freelancing?
It can be daunting taking the plunge into working for yourself but also an exciting one, our approach and proactive customer service really can make the financial bit simple and stress free.
An Expert Accountant is a must
There are a few realistic options when going into business for yourself:
In simple terms, unless you have some specific circumstances, it is unlikely that a sole trader arrangement will afford many benefits.Umbrella Company
in general terms, an HMRC-compliant umbrella arrangement will be easier to manage than a limited company but will be less tax-efficient and leave you with less in take home earnings, as you will be paid under the PAYE system. However, an umbrella arrangement may be the most suitable if you are only intending to freelance for a short period of time, in between permanent jobs, say for three months or less.
This arrangement is generally the most tax-efficient one for individuals earning in excess of around £25,000 a year because
Tax efficient earnings – you can receive your money as a tax-efficient mix of salary and dividends.
Save on National Insurance – you can save national insurance (without affecting your pension rights).
Earn money on flat rate VAT – registering for flat rate VAT scheme is generally beneficial for contractors.
Therefore, if you’re expecting to earn in excess of this £25,000 and you expect to be contracting for more than 3 months, we’d recommend considering a limited company option.
We’re happy to provide more advice around your specific circumstances and we would always investigate these in detail before recommending a particular course of action, so feel free to call and chat things through.
If you have become dissatisfied with your current accountant then let us change your perception about accountants with our five star service and advice.The main reasons we hear from new clients transferring to us for dissatisfaction is;
- No communication
- Feel like a number not a valued client
- Accountant is not a contractor accountant with the in-depth knowledge that requires
KPP are small enough to provide you with the service you would expect from a Small Chartered Accountancy firm but big enough to have the resources to look after hundreds of contractors.
Switching is easy, there is no charge to transfer to us and we can make the process as seamless and pain free as possible.
Our unique five star service solution ensures a quick and straight forward transition into limited company contracting for your contracting candidates. With just one simple phone call we can have everything in place and sent to your compliance department for smooth onboarding.
- Free Limited company formation
- Bank account opening
- VAT registration
- PAYE Registration
- Contractor insurance
- Pre start up tax planning
As part of our commitment to working with recruitment agencies, we are delighted to announce that we can now offer in-house tailored workshops for your consultants. Workshops will normally last about two hours and we cover topics such as:
- Making the transition to contracting – the common questions asked by candidates and how to answer them
- How the AWRs impact on limited company contracts
- IR35 and how to avoid it
- EBTs and other aggressive tax schemes
- The KPP referral scheme
The workshops are presented by our managing director, Stephen Usher or by one of our senior advisers and can take place in your office or at a local venue of your choice.
Contact us now to arrange a bespoke workshop for your agency.
To make things easier for our contractors and clients we have teamed up with Policy Bee who offer highly competitive Professional Indemnity Insurance so you can get to work right away without delay.
Insurance is generally provided by Hiscox but Policy Bee will find the best provider at the best price for you. Everything is online and simple to get set up, just follow the links below.
Complaint Handlers: https://www.policybee.co.uk/kpp/complaint-handling
All other Policies: https://www.policybee.co.uk/kpp