Salary vs. Dividend Mix
We provide a bespoke, mathematically precise extraction strategy every tax year to balance National Insurance thresholds, Corporation Tax rates, and your personal income bands.
Professional Services & Contractors
Accountants for Consultants, IT Contractors & Professional Services
Maximise extraction. Minimise your risk.
Legislative Shift
Navigating the Tax Squeeze
For high-earning consultants and contractors operating a Personal Service Company (PSC), the financial landscape has tightened dramatically.
With the tax-free dividend allowance slashed to just £500, and the introduction of the 26.5% Marginal Relief Corporation Tax trap, relying on the old "low salary, high dividend" default without active recalculation means you are guaranteed to overpay HMRC.
Furthermore, HMRC's aggressive enforcement of IR35 (Off-Payroll Working) requires strict legal boundaries. We act as a protective shield, reviewing your Status Determination Statements (SDS) to defend your 'Outside IR35' status and keep your wealth protected.
Specialist Support for Professionals
We provide the elite tax architecture that standard bookkeeping firms miss. Your company should be a vehicle for your personal wealth.
IR35 Defence
Robust protection for IT contractors and interim managers. We review your working practices and contracts to ensure your 'Outside IR35' status stands up to HMRC scrutiny.
Director Pensions (SIPP)
We guide you on utilising employer pension contributions directly from your Limited Company, drastically reducing your corporation tax bill while securely funding your retirement.
VAT Optimisation
Many consultants default to the Flat Rate Scheme. We actively monitor your expenses to determine if the Standard Scheme is more profitable for your specific VAT returns.
Exit Strategy (MVL / BADR)
Closing your consultancy or taking a permanent role? We plan your exit using Members' Voluntary Liquidation (MVL) and Business Asset Disposal Relief to drop your tax rate on extracted cash to just 10%.
Cloud Accounting Setup
We implement FreeAgent or Xero, allowing you to track billable hours, automate client invoicing, and execute your digital bookkeeping in minutes directly from your smartphone.
Contractor & Consultant FAQs
What is the most tax-efficient way to pay myself?
For Limited Company directors, the most efficient method is typically a carefully calculated mix of a low base salary (to preserve State Pension entitlements without triggering heavy National Insurance) topped up with dividends. Because dividend allowances and Corporation Tax rates fluctuate, we recalculate this exact split for you every tax year to avoid high-rate tax brackets.
Can you help me stay outside IR35?
Yes. We help IT contractors and management consultants review their working practices, commercial contracts, and Status Determination Statements (SDS) to ensure they maintain a robust 'outside IR35' position, protecting you from being taxed as a disguised employee.
How do I extract cash if I want to close my consultancy?
If your company has over £25,000 in retained profits and you are taking a permanent PAYE role or ceasing to trade, we can manage a Members' Voluntary Liquidation (MVL). Combined with Business Asset Disposal Relief (BADR), you could legally drop the tax rate on your extracted funds to just 10%.
Do consultants need to worry about MTD 2026?
If you operate as a Sole Trader consultant with a gross turnover above £50,000, yesâ€â€you must comply with the 6 April 2026 digital mandate. If you operate through a Limited Company, you are exempt from this specific ITSA phase, but having digital software remains critical for smooth Corporation Tax filing.
Stop Leaving Money on the Table
Speak with a CIMA specialist who understands professional service structures. Let's optimise your extraction and secure your IR35 compliance.
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