Independent Professional Sector Accounting

World class accounting from award winning chartered accountants you can trust

Accounting For The Independent Professional Sector

The independent professional sector includes self-employed individuals who are the sole employee of their business, and engage in a service activity or intellectual service. This definition excludes those operating in the retail and agricultural sectors. A majority of independent professionals operate in the scientific, technical, administration, and social work sectors.

Despite the small size of the sector and its rapid growth across Europe, this sector is often hard-hit by uncertainty and economic difficulties. As these businesses depend on one employee, any issues affecting the business – or even the employee – can cripple its financial standing.

This is where we come in. We can not only apply our wide berth of accounting knowledge, but also our sector-specific experience and expertise to your business.

We Have Open Minds

Despite the sheer breadth of the independent professional sector, Nordens can provide accounting support for an even wider array of businesses that operate in their own share of the sector. Here at Nordens, our experience with this sector has stretched from independent professionals to contractors, consultants, and interims. Thus, if your business partakes in a component of this sector, we can provide the specialised accounting that your business deserves.

Recognising the contribution made by freelancers and contractors to the economy and supporting their evolving financial needs is at the core of our accounting practices for this sector. From starting a self-employed business to supporting it through the twists and turns of shifting trends and economic change, we can guide you through to financial security and success. Thanks to the wide stretch of sectors we provide accounting for, you can be sure to receive financial support tailored to your business.

Independent Professional Accounting With Nordens

Paralleling the berth of accounting support we provide here at Nordens, we have an even further stretch of services specific to the independent professionals sector. These services include: annual accounts; personal tax returns; VAT management; payroll; dividend corporation tax calculations; business review; bookkeeping; IR35; a registered office and a service office; business insurance; and a wealth and mortgage review. Or, in simple terms – if you need an accountant, you can find one here at Nordens.

We Think Long Term

We Understand The Independent Professional Sector

At Nordens, being up-to-date with everything-accounting is evidently important. Yet before we even consider the necessary accounting requirements of your business, we dissect your individual sector and thus identify your individual business’ needs. Not only do we take into account the obstacles that the sector is prone to facing, but we are also always prepared to find and fix the individual issues that may be encountered. This typically centres around adapting the accounting of your business to the shifting landscape of the specific sector your business is operating in, and forecasting your finances amid the future uncertainty often met by independent professionals.

Our Independent Professional Sector Experience

Here at Nordens, our wide stretch of accounting experience and expertise is the stamp of approval that certifies everything we do. Yet beyond our clients’ raving reviews is the specialised experience we share with the independent professional sector. From our past experience with personal accounting to our experience with a range of high-flying companies, there’s no doubt that we are trained in dealing with both sides of the equation in this complex sector. Indeed, our work with a variety of sectors often encasing independent professionals confirms that we can keep up with the shifts and sways of whatever sector you start your next venture in.

We See Opportunity

Independent Professional Sector Focused Accounting

Complete accountancy and bookkeeping services for the independent professional sector

Your proactive team includes your own dedicated accountant and bookkeeper to ensure your business is running smoothly.

Payroll for directors and employees

Dedicated accountant and bookkeeper

Incredibly Fast response times

Voted as EXCELLENT – 9.9 out of 10 based on 164 reviews

Chris Dyer
Director – Metro Bank

Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.

Simon Cushing
Founder – Vivid Finishes

We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.

Christopher Wilce
Founder – Dataphone

Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice.

Independent Professional Sector Business Services

At Nordens, we’re proud to say that we’re equipped to deal with every aspect of accounting – no matter how complex. Why not explore our extensive catalogue of services below.

Employee
Payroll

Administrative duties could be tedious and time-consuming. Hence, we always recommend that time is spent doing other obligations in the business. While we are fully aware that prompt settlement of staff and other expenses related to their…

Bookkeeping Services

Every business, irrespective of the organisational structure, has to carry out bookkeeping functions. This is beyond recommendation as it is highly important. This is because, with adequate bookkeeping, a business firm will be able to keep…

VAT
Returns

Value Added Tax Returns are to be presented to HM Revenue and Customs (HMRC) every accounting period (precisely three months). Whether you have VAT to pay or not, you still need to do this. Contained in the VAT returns are…

Workplace
Pensions

No matter how long one may be in a company’s service, retirement will surely come. You will end up as a retiree who has to depend on a pension. Well, a workplace pension is a good way to start preparing for retirement. It will help…

Company
Tax Returns

Company Tax Returns are tax assessments levied on the profits made by a company. As a separate legal entity, every company is required by legislation to file for and pay company tax returns. Company tax returns are paid…

SEIS
Investments

The SEIS (Seed Enterprise Investment Scheme) was formed by HMRC in early 2012 with the aim of helping smaller start-up businesses to raise finances via investors. This is done by delivering a number of tax relief on investments, which aid the…