Accountants for IT Contractors
Contractor-specialist accounting for tech professionals across the UK
IR35. Limited companies. Off-payroll rules. We know them inside out.
IT contracting offers great income potential — but the tax landscape is complicated and constantly changing. From IR35 status to running your limited company efficiently, Magnum Accountancy gives IT contractors clear, practical advice that protects your take-home pay.
Services for IT Contractors
IR35 Status Reviews
IR35 can cost you thousands if you get it wrong. We review your contracts and working arrangements, provide a considered status opinion, and help you document the evidence to defend your position if HMRC comes calling.
Limited Company Accounts
We handle your annual accounts, Corporation Tax returns, and Companies House filings — all on time, all correct. We also advise on the most tax-efficient salary and dividend mix to maximise your take-home pay.
VAT & Flat Rate Scheme
Many IT contractors benefit from VAT Flat Rate Scheme registration. We assess whether it works for you, handle all VAT returns, and ensure you’re not paying more than you need to.
Allowable Expenses & Claims
Home office, equipment, training, software subscriptions, travel — we ensure you claim every legitimate expense. Over the year, properly claimed expenses make a meaningful difference to your tax bill.
Self Assessment & Personal Tax
Beyond your company, we handle your personal self-assessment returns — including investment income, rental income, and any other income streams. One accountant, full picture.
Pension & Long-Term Planning
Contractors don’t get employer pension contributions — which makes planning your own even more important. We advise on pension contributions through your limited company for maximum tax relief and long-term security.
Why IT Contractors Choose Magnum
We work with IT contractors across the whole of the UK. Whether you prefer to meet in person or handle everything online, we keep things simple and jargon-free.
✓ Face-to-face or remote ✓ UK-wide ✓ IR35 specialists
Let’s Talk Contractor Tax
Book a free 30-minute call with Daxa — no obligation, no jargon.
