Churchill Knight & Associates Ltd

Churchill Knight & Associates Ltd provides specialist accountancy services for freelancers and contractors working across all industries. Our aim is to help you take home as much money as possible and to minimise the time you spend filling in forms. To do this we offer three business options. They include accountancy services for:

• Limited companies
• Sole traders
• Contractors working under an umbrella company

Not only will we take care of all your accounts and returns, we’ll also help you get set up in the first place. Put simply, we take the hassle out of business finance and allow you to get on with what you do best! 

For over 15 years we have been helping freelancers and contractors legally maximise their take home pay. The majority of our business comes from referrals or clients that continue to employ our services year after year. We see their repeat custom and recommendations as the best endorsement of what we can offer. 

To find out more about who we are and what we do, please visit Churchill Knight online or get in touch with one of our qualified financial consultants on 01707 818554.

Limited Company Accounting

A Limited Company allows you, as the director of that company, to contract your services to clients and legally increase your income by paying yourself a salary and the profits (dividends) of whatever your company earns. These earnings are of course taxable, but the Pay As You Earn and National Insurance Contributions you were paying before now become greatly reduced. Of course, there are extra administrative responsibilities when you set up a Limited Company, but that’s exactly what we’re here for – to manage it all for you. It means you can increase your take home pay without having to spend hours filling in forms and compiling accounts. To find out more about the benefits of setting up a Limited Company, visit Churchill Knight online or get in touch with one of our consultants on 01707 818554.

Sole Trader Accounting

Registering yourself as a Sole Trader is the simplest way of getting started in business. All you need to do is inform HMRC of your intentions to go self-employed and you can start providing your services to clients straight away. However, there are some pitfalls of being a Sole Trader, just as there are some advantages. Churchill Knight is here to help you make the right decision. And if you do decide that becoming a Sole Trader is the best option for you, we can of course handle all your accounts and tax returns. Find out more about the benefits of Sole Trader accounting by visiting Churchill Knight online.

Umbrella Company Solution

Working under an umbrella company is a popular option for many first time contractors, chiefly because it allows them to concentrate on core business activities rather than spending hours on administration. With this model you will effectively be using another company’s payroll and are employed by that company – thus you pay the normal National Insurance Contributions (and NI Contributions are paid on your behalf by the employer) as well as PAYE tax on your income. All you need to do, however, is forward your timesheets to the umbrella company – they will then invoice the client and pay you accordingly. You can find out more about the benefits of working under an umbrella company by visiting Churchill Knight online.

IR35 Accounting

Are you confused about IR35 and its implications? If yes, then give one of our consultants a call. They’ll take you through what it means for you as a contractor/freelancer and provide up to date information on the legislation and how it affects your pay. Churchill Knight’s contractor and freelancer accounting service is fully HMRC compliant, so we will always consider the implications of IR35 when providing you with a calculation.

Contractor Accounting

Churchill Knight offers specialist contractor accountancy services for clients throughout the United Kingdom. Our aim is to maximise your income and save you time and hassle in dealing with accounts, self-assessment and returns. We tailor our services to your needs and offer business options for Sole Traders, Limited Companies and those working under Umbrella Companies. To discuss your circumstances with one of our financial consultants, just give us a call on 01707 818554.

Personal Tax Services

At Churchill Knight we also offer a Personal Tax service for anyone who might be legally obliged to submit an Annual Personal Tax return to HMRC. This includes self-employed contractors/freelancers, higher rate taxpayers, company directors, landlords, receivers of a foreign income or anyone in receipt of capital gains or losses.  Failure to complete a return could result in you paying penalties, surcharges and interest. Whether you’re a client of ours or not, we’ll happily take care of your personal tax return and ensure that you don’t fall foul of the law. We’ll also suggest ways in which you might save tax and legally maximise your income. Find out more by visiting Churchill Knight online.

Ex-Military Job Opportunities

Churchill Knight & Associates Ltd have teamed up with OppO Recruitment to help ex-military servicemen and women adjust to life back in the civilian workforce. Together we’ll help you find the most tax-efficient roles and the most rewarding careers. As ex-military personnel themselves, OppO Recruitment have a real understanding of what it takes to make that transition back into working life. Find out more about how we can help by visiting Churchill Knight online.

Sourced Banking Options

Churchill Knight can offer sourced banking options for everyone and will help you set up your business bank account without fuss, regardless of your status. We work hard to find the very best banking options for each individual contractor and can help you overcome the common banking objections in order to ensure acceptance. We’ll put you in touch with the banks and also assist with the paperwork. Just speak to one of our consultants and find out how you can get a 100% guaranteed business bank account.