Crunch for Sole Traders
Sole trader vs. limited company
Literally everyone has drummed it into you that being a soletrader is easier and cheaper. You've probably even asked your Accountant whether it's better and we bet he's gone (scratching his chin); "Well... it's going to cost you". Fortunately, your accountant is wrong. In fact not only is it cheaper NOT to be a sole trader if you move over to Crunch we can actually offset your accountancy fees against your end of year tax bill, effectively meaning you end up paying 21% less than you're billed, which is never a bad thing! Then there is the general tax saving, if you were earning £25k per annum then the limited route would save you more than £1500 of the tax that you would pay as a sole trader.
What many people don't realise is that it's often actually really expensive being a soletrader and you'll be unwittingly handing over £1,000's of additional tax you needn't.
Still don't believe us?
Ok, why not spend 5 minutes chatting to one of our lovely Crunch Advisors to see how much money you could really be earning?
You can either call (0844 500 8000) or simply complete a brief form and hey presto, someone will call you back.
It could be the most useful 5 minutes you've ever spent...
What do we provide? Essentially the most comprehensive and most cost effective package in the UK for freelancers & contractors.
Service includes;
- Establishing Limited Companies quickly and provision of a free registered office service
- The most incredibly easy to use online software (never see another spreadsheet again!)
- Allows you to quickly invoice clients via email to print and post
- Allows you to very quickly add in expenses
- Manage suppliers and clients easily
- See running totals and when invoices need chasing
- Your very own Account Manager
- Unlimited access to Crunch accountant & Tax Specialists (booked in by your Account Manager)
- Accountancy Health-checks for pro-active checks to ensure your business is running perfectly
- Tax/VAT & IR35 support
Crunch will prepare all;
- Year-end accounts
- Completion of Annual Returns
- Personal Tax Returns (if combined with Crunch Personal)
- Payroll bureau
- Completion, checking and submission of VAT returns
- Dividend administration
- Corporation Tax Calculations and HM Revenue and Customs
If you're interested the next step is filling out a contact request or simply giving us a ring on 0844 500 8000
