UK Recovery Sparks Demand for UK Contractors

The Chancellor announced his 2014 Budget on Wednesday and forecasts the UK economy to grow by 2.5% in 2014. The UK economy is already showing signs of recovery in the first quarter of 2014 with a significant rise in new contract roles. The demand for IT contractors has soared in March 2014 together with demand for interim accountants and contractors in the construction industry. However, the most significant demand for contractors this year has arisen in the procurement industry. If you are a procurement specialist there are significant opportunities in the contracting market.

If you are considering a move into contracting you will benefit from setting up as a Limited Company Contractor rather than through an umbrella company or as a PAYE contractor. The tax savings can be significant and a number of our clients have significantly increased their take home pay as a result.

Belsize Accountancy Limited specialise in working with contractors across a range of industries. We assist our clients in managing their Limited Company set up and provide accounting, company secretarial and payroll services to Limited company contractors. Our specialist advice will help you to manage your financial affairs effectively and enable you to focus on your business.