Accountants for Contractors

Contractor Accountants York

Leaving full-time employment to become a contractor is a bold move. While you have more control over your time, projects, and income, you’ve also taken on the challenges of running your own business. For this, a specialist accountant for contractors can help.

At Mollan & co, we specialise in supporting contractors – whether you’re an IT consultant or engineer – with tailored, responsive advice on accounting, personal tax compliance, IR35, and managing cash flow.

We’ve been providing accountancy services for contractors in York and the wider Yorkshire region for over 40 years, combining local expertise with the latest in cloud accounting to make life easier.

Why Specialist Contractor Accountants Make All the Difference

If you’re working through your own limited company or juggling multiple contracts, your needs go far beyond a standard tax return.

Contractors operate in a world of moving parts – IR35 risk, VAT deadlines, dividend planning, and the general business of keeping HMRC happy. A general accountant might mean well, but they’re not always equipped to advise on the specifics of life as a contractor.

We are! At Mollan & Co, our team has the specialist knowledge to be contractors’ accountants. Our entire service model is built around the realities of working as a consultant or freelancer.

A Special Note on Accountants for IT Contractors

A large part of our contractor client base comes from the tech world – developers, infrastructure engineers, cybersecurity professionals, and IT consultants who move between clients, platforms, and contract types.

Why does this matter? Because IT contracting often comes with high earnings and high complexity. IR35 reviews aren’t just helpful; they’re necessary. Remote working, international clients, multiple income streams…it’s a different game.

We’re experienced accountants for IT contractors, and we understand the financial structures that support the flexibility you value.

Experts in Accounting for Limited Company Contractors

For most of our clients, setting up and operating through a limited company is the most tax-efficient way to work. But it’s not without its complexity.

As experienced accountants for limited company contractors, we can help you to set up, manage, and optimise your business structure from day one.

That includes everything from setting up your company correctly, registering for VAT and PAYE, to advising on salary vs dividend balance, and keeping you updated on new rules affecting small, limited companies.

Why Choose Mollan & Co?

We’re Cloud-Based, But Human First

As online accountants for contractors, we’re Xero Gold Partners, which means your finances stay up to date in real time, wherever you are. Prefer to keep QuickBooks or FreeAgent? No problem. We’ll work with the tools you already use. But we don’t stop at software. You’ll always deal with a real person, not just a portal.

A Named Accountant Who Knows Your World

Every client gets a dedicated accountant. Someone who’s in your corner, knows your business, and won’t need to be brought up to speed every time you call.

Built for Contractors

We’re not a generalist firm that “also works with contractors.” This is what we do. We understand IR35. We know how to structure tax-efficient income. We’re used to seeing gaps between contracts and helping clients ride them out with confidence.

Based in York, Supporting the UK

While we’re firmly rooted in the Yorkshire business community, our systems and services are built to support contractors all over the UK. Whether you’re based in London or Leeds, remote working is no barrier to proactive, responsive support.

Our Contractor Accounting Services

Here’s what we offer – tailored specifically for contractors and freelancers:

• Company Formation & Structure Advice: Whether you’re going limited or weighing up your options, we’ll help you get it right from the start.
• IR35 Reviews: We stay on top of rule changes and assess your contracts, so you stay compliant and in control.
• VAT & Payroll: Monthly payroll and quarterly VAT taken off your plate.
• Bookkeeping with Cloud Software: Live access to your business finances via Xero or your preferred system.
• Salary & Dividend Guidance: We help you get the balance right to reduce tax and stay cash-flow positive.
• Personal Tax Returns: As trusted personal tax accountants for contractors, we also provide support for your spouse’s tax return if needed.
• Companies House Filings: We’ll handle the boring bits – confirmation statements, year-end accounts, and more.
• Exit Planning or Downtime: Taking time off or closing your company? We’ll guide you through the process, the smart way.

We also offer flexible packages that grow with your business.

FAQs For Contractors

Do I really need a specialist accountant as a contractor?

Honestly? Yes. The world of IR35, dividends, and expenses isn’t just a box-ticking exercise; it’s a minefield. A good contractor accountant won’t just keep you compliant; they’ll help you think ahead and avoid nasty tax surprises. They’ve seen the traps before, and they know how to steer you clear.

What is IR35 and why does it matter?

IR35 is HMRC’s way of deciding whether you’re a genuine contractor or just dressed up like one. If they decide you’re “inside” IR35, you’re basically treated like an employee, and your take-home pay takes a hit. The kicker? It’s not always clear-cut. That’s why contract reviews and regular status checks are more than nice-to-haves. They’re essential.

What contractor expenses can I claim?

If it helps you do your job, there’s a decent chance you can claim it—but there’s nuance. Travel to client sites? Usually, yes. A fancy espresso machine? Probably not. Home office costs, software, insurance, training… these can all be fair game. We’ll help you sort what’s allowable from what’ll raise HMRC’s eyebrows.

What if I want to take a break or shut down my company?

Totally normal. Life shifts. Contracts pause, new roles pop up, priorities change. Whether you’re stepping away temporarily or calling time for good, there are tax and admin steps to think through. We’ll walk you through the options so you don’t overcomplicate things (or pay more tax than you need to).

What software do you use?

We are certified Xero Gold Partners, reflecting our deep expertise with the platform and confidence in its capabilities. That said, if you’re currently using QuickBooks, FreeAgent, or another system, we’re happy to work with your existing setup. Our priority is to ensure your accounting software supports accurate reporting, efficient processes, and full visibility over your finances.

I’m not in York – can I still work with you?

Absolutely. Most of our clients work remotely. We use cloud software and video calls to stay close no matter where you are.

Can you help me switch from my current accountant?

Easily. We’ll handle the transfer, speak to your previous accountant, and make the change smooth.

Is a limited company right for me?

Most likely, but we’ll help you compare the options: limited company, sole trader, or umbrella. Then we’ll support whatever route fits best.

How often will I hear from you?

You’ll have a named accountant and regular check-ins, plus fast responses when you need answers. We pride ourselves on not going dark once you’ve signed up.

Do you help with personal tax planning too?

Yes. As personal tax accountants for contractors, we’ll guide you through income structuring, dividend planning, and expense claims to ensure everything’s aligned with HMRC expectations and your long-term goals.

Let’s Talk

If you’re ready to get clarity on your finances and free up more time to focus on your contracts, Mollan & Co is ready to help.

Contact us now or book a free consultation with one of our contractor accountants.

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