We specialise in advising IT contractors who are working through their own limited companies. We work to minimise overall tax liability and increase take-home income.

IT is big business and there are so many opportunities for expansion. Thousands of companies hire IT contractors for one-off projects such as installations or upgrades. As an IT contractor, you’ll earn a higher hourly wage, but tax can get complicated. But your own dedicated, professional , specialist IT contractor accountant will free up your time to take advantage of the market.

Why become an IT contractor? Here are just some of the benefits:

  • Freedom and flexibility. Do the jobs you want to do. Take time off when you want.
  • Higher hourly wage.Earn more than permanent IT professionals.
  • A spectrum of experience.Working for more companies and on more projects means you’ll grow your professional knowledge and skills.

We have years of experience working with many IT contractors, and they’ve benefitted from:

  • Straightforward, bespoke advice. We’ll make sure that we fully understand your unique personal situation and business goals. That way, we find solutions that are specifically suited to you.
  • Specialist IR35 guidance.IR35 can be a minefield. Our experts will steer you through, making absolutely sure your business complies with all the legislation.
  • Maximum take home pay. Minimum effort for you.

Whether you've just set up a limited company, or just about to, we can help. We will discuss your options in detail to make sure that the choice you make is right for you and your business.

Skytax is committed to delivering an outstanding accountancy service to all our clients. To date we have helped more than 10,000 individual businesses.

All our clients receive:

  • A personal accountant.
  • Communication that is right for you- face-to-face meetings, Skype, phone or email.
  • Highly competitive fees.
  • Money-back guarantee.
  • Expert advice for everything financial.
If you’re an oil or gas contractor, you’ll be on call, overseas or off shore for much of the time. You might be away from home for weeks, or seconded to a variety of projects. We’ll keep you grounded.

It’s becoming more advantageous for people employed in the oil and gas sector to become contractors, rather than remain in the permanent employment of one company. There are good reasons:

  • Freedom and flexibility. Do the work you want and leave the rest. Take time off when you want.
  • Higher hourly wage. Earn more than the permanent oil and gas professionals.
  • A spectrum of experience.Working for more companies and on more projects means you’ll develop yourself professionally and personally.

If you’re thinking of becoming an oil and gas contractor, you have some decisions to make. First decide whether to work through an umbrella company or through your own limited company. Your choice will depend on where you plan to work. If a limited company is the way forward for you, you’ll still need to ensure you can continue working as a limited company before accepting a contract. The key factors to consider are:

  • The length of the contract.
  • The country you’ll be working in.

If you need advice and help setting up as an oil and gas contractors, or if you’ve recently set up as one and want to know what to do next – we’re here for you. We provide accountancy advice and help for all contractors within the profession. This includes oil and gas engineers, drillers, drill engineers, drilling consultants, pipeline engineers, subsea engineers, rig electrical and safety technicians.

We’re committed to delivering an outstanding accountancy service to all our clients. We have helped over 10,000 professionals so far.

All our clients receive:

  • A personal accountant
  • Communication that is right for you - face-to-face meetings, Skype, phone or email.
  • Highly competitive fees.
  • Money back guarantee.
  • Expert advice for everything financial.
For many creatives, freelancing and self-employment is an attractive option. By your very nature you are likely to be someone who thrives on variety and flexibility.

As a freelance media professional, here's what you'll enjoy:

  • Higher hourly wage.It's a fact that most people who work within the media earn more when they're self-employed.
  • Variety. Creative people need creative schedules. Freelancing means you won't be working on the same thing month in, month out.
  • Experience. With variety comes experience, and for a media CV, experience is priceless.
  • Time for other projects.Chances are that as a creative, you’ll have your own side projects on the go. Freelancing buys you the time to work on them.

Are there risks to freelancing as a media professional? Certainly. But anyone who sticks at media freelancing - that's around 250,000 people in the UK - believes the benefits outweigh these risks.

If you’d like to get started, you’ve three business structure options:

  • Umbrella company.
    This is the similar to working as an employee but you have the flexibility of a freelancer.
  • Self-employed.
    Use your own contacts to get work, and complete your own tax returns yearly.
  • Limited company.
    The most tax-efficient way. You'll take home more money.

If setting up a limited company is the route for you, we can help. We provide accountancy advice and help for all contractors within the profession. This includes copywriters and scriptwriters, presenters, cameramen, editors, and many more.

Accounts Direct will guide you in setting up, and coach you on your monthly financial responsibilities –but don’t worry, once you've done them once, they're easy! We're committed to delivering an outstanding accountancy service to all our clients. We have helped more than 10,000 professionals to date.

All our clients receive:

  • A personal accountant.
  • Communication that is right for you - face-to-face meetings, Skype, phone or email.
  • Highly competitive fees.
  • Money-back guarantee.
  • Expert advice for everything financial.
You’re highly skilled and so are we. We bring our skills and knowledge to help your business perform even better and to free up your time to do what matters most – grow your business.

If you’re an employed engineer, you might like to consider becoming a contractor. Here are just some of the benefits:

  • More take-home pay.A contracting engineer can earn 100% more than a permanent employee doing the same job. Sometimes you'll earn even more than that.
  • Flexibility.With more money you can afford to work more flexibly and take time off. And because you can pick and choose your projects,you’ll have the flexibility to plan your free time your way.
  • Experience. With the variety of projects you undertake, you’ll build up a wide range of knowledge and skills.

As with any contracting job, you must decide your business structure. You have three basic options:

  • Umbrella company. This is similar to working as an employee but has the flexibility of a freelance
  • Self-employed. Use your own contacts to get work, and complete your own tax returns yearly.
  • Limited company.Set up your own limited company.The most tax-efficient way. You'll take home more money.

Whichever route you take, Skytax can help. We provide accountancy advice and help for all contractors within the profession. This includes engineers who work in aerospace, nuclear, oil and gas, rail, renewable energy, and more

We’re committed to delivering an outstanding accountancy service to all our clients. We have helped more than 10,000 contractors so far.

All our clients receive:

  • A personal accountant.
  • Communication that is right for you - face-to-face meetings, Skype, phone or email.
  • Highly competitive fees.
  • Money-back guarantee.
  • Expert advice for everything financial.
If you’re a banking and financial services professional and thinking of going solo, then talk to us. We have a wealth of experience in helping financial professionals get up and running as successful contractors.

These are just some of the advantages to becoming a banking and financial services contractor:

  • No lack of work offers.With huge lay-offs in the sectors, employers are now realising they don’t have the permanent workforce to carry out projects. That’s when they call in contractors.
  • Higher hourly wage. Earn more than employed banking and financial staff.
  • Flexibility. With more money you can afford to take more time off. And because you can pick and choose the projects you work on,you have the flexibility to schedule your time off your way.

As with any contracting job, you must decide your business set-up. The three basic choices are:

  • Umbrella company. This is similar to working as an employee but it has the flexibility of a freelancer.
  • Self-employed. Use your own contacts to get work, and complete your own tax returns yearly. Limited company. The most tax-efficient way. You'll take home more money.

If setting up a limited company is the route for you – or if you’re using an umbrella company and think you might want to change – we can help. We provide accountancy advice and help for all contractors within the banking and financial services sector.

Skytax is committed to delivering an outstanding accountancy service to all our clients. We have helped more than 10,000 professionals to date.

All our clients receive:

  • A personal accountant.
  • Communication that is right for you - face-to-face meetings, Skype, phone or email.
  • Highly competitive fees.
  • Money-back guarantee.
  • Expert advice for everything financial.

I used to dread accounting month but the last 2 years have been utterly pain free because of this super lot! Efficient, professional, thorough and really dedicated to saving you money. The savings they made me more than paid for their services! Many thanks.

Ms Amy Dear, PAVMAY LTD

Skytax helped reactivate the company, get books up to date and all formalities in order as it should be. I'm very happy with how they approached the challenge and came through all the way. Solution oriented, agile, available and fast. 

Mr. Tor Karstensen, NOVYTEC LIMITED

Free resources

We believe in education and in providing useful information that can support all of our customers. Our bank of free resources is all part of our service to you.

Knowledge Centre

Limited
Vs Umbrella

PDF (3,5 MB)

Limited
Vs Sole Trader

PDF (3,5 MB)

Expenses
Guide

PDF (3,5 MB)