Compare Packages at a Glance

The following table enables you to easily compare the administration services for the five most commonly used Bespoke Administration Packages / Trading Methods that we provide.

It also provides with clarity, within each administration category, the other options notations that you may wish to consider. Once you have identified your correct trading method, additional options can be added as required. For further guidance please refer to Build your own Admin Package.

Freelance World Services            
             
Start Up Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Desires & Needs Assessment (DNA Profile™) 1          
Company Incorporation 2          
Providing Registered Office Address 3 Yes Yes Yes   Yes
             
Processing Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Timesheet Processing 4 Yes Yes   Yes Yes
Direct Invoicing 5 Yes Yes   Yes Yes
Expense Processing 6 Yes Yes   Yes Yes
Expense Allowance Advice 7 Yes Yes   Yes Yes
Credit Control (eg Chasing clients when payment is late) 8 Yes Yes   Yes Yes
Weekly/Monthly Income Statements (inc Corporation Tax Calculation) 9 Yes Yes   Yes Yes
Mail Sent (inc Postage) 10 Yes Yes   Yes Yes
             
             
Transact Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Transaction Fee 11   Yes      
Closure Fee 12          
             
Contracts Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Legislation Compliance Review 13 Yes Yes     Yes
Standard End User IR35 Contract Supply 14 Yes Yes     Yes
Standard Employee Contract Supply 15       Yes  
Employee Handbook 16       Yes  
Contract Risk Assessment Advice 17 Yes Yes   Yes Yes
Contract Administration (Posting to Client, Query Liaison etc) 18 Yes Yes   Yes Yes
             
Insurances Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Employers and Public Liability Insurance (Standard) 19          
Employers and Public Liability Insurance (Offshore) 20          
Employers and Public Liability Insurance (International) 21          
Professional Indemnity Insurance (Level of Cover Required) 22          
Directors Indemnity (Level of Cover Required) 23          
Drivers Loss of Licence Insurance (Level of Cover Required) 24          
Death In Service Insurance (Level of Cover Required) 25          
Permanent Health Insurance (Level of Cover Required) 26          
Tax Enquiry Insurance (Level of Cover Required) 27          
             
CIS Scheme Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Scheme Registration 28         Yes
Status Review 29         Yes
             
Taxation Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Personal Tax Returns Completed 30 Yes Yes Yes   Yes
VAT Registration (Standard) 31 Yes Yes Yes   Yes
VAT Returns (Standard) 32 Yes Yes Yes   Yes
Registration of Flat Rate VAT Scheme (If appropriate) 33 Yes Yes Yes   Yes
VAT Returns (Flat Rate VAT Scheme) 34 Yes Yes Yes   Yes
PAYE Registration 35 Yes Yes Yes   Yes
Payroll Processing (inc Monthly Calculations, Deductions & Payments 36 Yes Yes     Yes
Additional Deductions (ie Student Loans, Pensions etc) 37 Yes Yes     Yes
P35's / P11d's 38 Yes Yes     Yes
Specific Taxation Advice (ie Company Car, Child Care Vouchers etc) 39          
National Statistics Compliance 40 Yes Yes     Yes
Financial and Taxation Projections (upon your request) 41   Yes      
Complex Tax Returns (ie Rental Property, Trusts etc) 42          
             
Accountancy & Company Secretarial Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Annual Return Completion 43 Yes Yes Yes   Yes
Maintenance of Company Statutory Books 44 Yes Yes Yes   Yes
Dividend Vouchers 45 Yes Yes Yes   Yes
Shareholding Changes 46          
End of Year Accounts Preparation, Checking and Submission 47 Yes Yes Yes   Yes
Annual Corporation Tax Return 48 Yes Yes Yes   Yes
Mail Forwarding Service 49 Yes Yes Yes   Yes
Preparation and Filing of Dormant Accounts 50          
Capital Distribution 51          
Company Closure (inc De-Registration Process) 52          
             
International Taxation Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Payroll Processing (inc Monthly Calculations, Deductions and Payments) 53          
Access to International Division with Competencies 54          
Research Undertaken on Foreign Taxation (with information available upon Ireland, Spain, France, Kazakhstan, Denmark, Germany etc) 55          
Advice on Working Overseas and obtaining Non-Residency Status in the UK 56          
Overseas Tax Return Completion 57          
Assistance with International Bank Accounts and Company Formation 58          
             
Legal and Administrative Support Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Character / Mortgage Reference Letters 59          
Litigation Support 60          
Wage Arrestments 61          
             
General Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Annual Review 62 Yes Yes Yes Yes Yes
             
Wealth Management Options
Notation
Package
1
PSC
Package
2
PSC
Package
3
PSC DIY
Package
4
Umbrella
Package
5
CIS
Analysis Review on Retention of Funds within Company 63   Yes      
Continuous Income Monitoring (Tax Limit Review) 64   Yes      
Recommendations of FSA Financial Planners (must have completed DNA Profile™) 65 Yes Yes Yes   Yes
Other Referral Schemes (must have completed DNA Profile™) 66 Yes Yes Yes   Yes


Notes

  1. Non-standard expense advice will be charged at the prevailing hourly rate.
  2. Non-standard work or advice will be charged at the prevailing hourly rate.
  3. One person tax return will be included in the bundled price per annum. Additional returns will be charged at the prevailing rate.
  4. One contract review will be included in the bundled price per annum. Additional contract reviews will be charged at the prevailing rate.
  5. The transact transaction fee allows for once transaction per month. Additional transact transactions will be charged at the prevailing rate.
Bespoke Administration Packages Compare Packages at a Glance Build your own Administration Package

Copyright 2007 Freelance World Network™ Limited | Home | Contact Us | Privacy Policy | Terms of Use