Common Questions
Frequently Asked Questions
I'm a Gillingham CIS subcontractor. Am I owed a refund?
Almost certainly, if you've had 20% deducted and haven't claimed it back. After your £12,570 allowance and legitimate expenses (van or mileage, tools, PPE, materials, phone, certification, accountancy), the actual tax due is usually far less. Full-year refunds are typically £2,000-£6,000. We'll maximise yours.
Do I need to be local to use you as my Gillingham accountant?
No, we work with Gillingham and Medway clients entirely online, by phone, email, video call and secure document exchange. You get the same depth of understanding and personal service without needing to visit an office. Most modern accountancy is handled remotely.
I'm a Gillingham contractor through my Ltd company. IR35 position?
Depends on the client and working practices. Medium/large clients (including the London corporates) assess your status; small clients mean you self-assess. For genuinely independent contractors with project-based work IR35 is usually outside. We review your contracts and document the assessment.
How should I take profit from my Gillingham Ltd company?
Most efficiently: salary at the NIC-optimal level (typically £12,570) plus dividends using the dividend allowance and basic-rate band, with employer pension contributions (tax-deductible, up to £60,000). We model the optimal split for your income each year.
I run a Gillingham engineering or logistics business. Can I claim capital allowances?
Yes. Plant and machinery, engineering and handling equipment, commercial vehicles, plant, IT, qualifies for capital allowances. The Annual Investment Allowance gives 100% relief on qualifying spend up to £1m a year, and full expensing gives 100% first-year relief for companies on qualifying new plant. We'll identify and claim everything.
Should my Gillingham business be a Ltd company?
At profits above £40,000-£50,000 a Ltd company typically saves £2,500-£5,000+ a year through salary-plus-dividend structuring, plus limited liability. Below £30,000 the saving rarely justifies the extra admin. We'll model both with your numbers.
I'm a Gillingham landlord. What can I claim against rental income?
Repairs and maintenance, letting agent fees, landlord insurance, ground rent and service charges if leasehold, gas and electrical safety certification, mortgage interest (with the Section 24 restriction), and Replacement of Domestic Items relief on furniture. We capture everything and file your self-assessment.
How do I get started?
Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Gillingham clients fully online and we're experienced with engineering, logistics and healthcare firms, London commuters, CIS trades, contractors and the ME community.