Accounting and Administration Services

Your choice of trading method (PSC, CIS, Umbrella, Sole Trader, LLP, PAYE) will dictate what level of accountancy and administration services you need.

The following services matrix gives guidance on those key issues that you will need to undertake and do yourself, or outsource to Freelance World or an appropriate professional.

Accountancy & Admin Service

PSC

LLP

CIS

STR

UMB
Government Registration Required Required Required Required Required
Book Keeping Required Required Required Required  
Expenses Dispensation Required Required Required Required Required
Expenses Processing Required Required Required Required  
Direct Invoicing and Credit Control Required Required Required Required  
Dividend Calculations Required        
Bank Reconciliations Required Required Required Required  
Corporation Tax Required        
PAYE & NIC and VAT Returns Required Required Required Required  
Annual Returns Required Required Required Required  
Self Assessments Required Required Required Required Required
Dividend Vouchers Required Required      
P35's Required Required Required Required  
Company Secretary Required        
VAT Audits, HMRC Audits
and HMRC Enquiries		 Required Required Required Required  

Trading Method Key

PSC = Personal Service Company
LLP = Limited Liability Partnership
CIS = Construction Industry Scheme
STR = Sole Trader
UMB = Umbrella

For more information about the different types of accountancy and administration services, please read through our handy Fact Sheets.

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