Welcome to Cornhill Private Wealth, specialist contractor accountants
We can help you…
- Meet all your HMRC and accounting obligations….efficiently
- Maximise your earnings ….. considerably
- Reduce your tax burden …..legally
- Reduce your administration hassle ……to a minimum
- Save on your accountancy fees …..annually
- Be informed and reassured ….. always!
Our accounting services include…
- Incorporation of your Limited Company …..if required
- Prepare and submit your VAT returns
- Prepare and submit your HMRC annual tax return
- File your Companies House annual return
- Answer your accounting questions throughout the year
“I am very happy that I decided to work with Cornhill Private Wealth. Since the first day your service has been excellent, prompt, courteous and efficient. I can’t ask more.”
5 Questions for you…
- Are you a Contractor?
- Do you pay tax in the UK?
- Do you require accounting services?
- Do you invoice £300 per day or more?
- Would you like to retain more of your income?
If you answered, “Yes” to these questions, please complete the following details and we will e-mail you a Personal Illustration.
We can help you...
Meet all your HMRC and accounting obligations
Cornhill Private Wealth is ideally placed to act as your accountants.
With 20 years' experience in the contractor marketplace we provide a comprehensive accounting service, which ideal for contractors.
We will ensure all your accounting responsibilities are monitored and handled with the minimum of fuss, ensuring you spend your time reassured in the knowledge your affairs are in order.
Maximise your earnings
At CPW we work hard to maximise your earnings, by utilising a number of accounting practices. These practices include declaring viable expenses, ensuring benefits of the FRS VAT scheme and utilising the non-taxable allowance.
Reduce your tax burden
CPW clients also enjoy the use of our highly sought after tax planning solution, designed specifically for contractors. Our considerable experience in the contractor marketplace has allowed us to incorporate a trust solution, which is fully disclosed to HMRC and which has a successful 21 year track record.
Reduce your administration hassle
At CPW we provide a comprehensive service with a focus on excellent customer service; our aim is to reduce your administration hassle to an absolute minimum, whilst responding to your questions and queries quickly and efficiently.
Save on your accountancy fees
Our contractor clients who wish to reduce their tax burden not only enjoy higher income retention, they also receive an additional benefit as there accounting fees are covered via use of the trust; an additional saving of £55 per month, or £660 per annum.
Be informed and reassured
At CPW we regularly update our clients of changes in the marketplace with regular press releases and reviews. In short we strive to ensure all our client's remain fully informed and up to date.
Our accounting services include...
Incorporation of your Limited Company .....if required
If you require the incorporation of a new Ltd Company, we provide this service to our clients free of charge, as part of our welcome to Cornhill. We aim to make the process simple, where all you have to do is chose a company name.
Prepare and submit your VAT returns
Once your company has been incorporated, we will register it for VAT and ensure you benefit by also registering you for the Flat Rate Scheme (FRS).
By joining the FRS you avoid having to account internally for your VAT on purchases and supplies, and instead your VAT is calculated by applying a flat rate percentage on your invoiced amount. In short this means your VAT becomes much simpler to manage and for contractors there is typically a VAT surplus, which translates to additional income.
Our contractor accounting service ensures your VAT returns are calculated accurately and submitted on time.
Prepare and submit your HMRC annual tax return
As the director of a Limited company, you are obliged to prepare a full set of accounts each year; we will do this on your behalf and submit to HMRC in good time.
File your Companies House annual return
As the director of a Limited company, you are also obliged to complete a Companies House Annual Return, which we shall also complete on your behalf, in good time.
Answer your accounting questions throughout the year
Over the course of time it is normal for accounting questions to arise; as part of our commitment to exceptional customer service we will respond to your questions promptly.