Bookkeeping, weekly contractor and client invoicing reconciliation, payroll, VAT, and accounts preparation for IT recruitment agencies and contractor personal service companies. AAT Licensed Practice. Tier 3 and Tier 4 services.
IT recruitment finance moves on weekly cadence. Timesheets land each week, contractor invoices and umbrella payments cycle on tight calendars, and main contractors’ remittances arrive on their own schedule. A standard monthly bookkeeping model does not survive contact with this rhythm.
S.K.E. Accountancy works with IT recruitment agencies and contractor personal service companies on the bookkeeping, payroll, VAT, and accounts preparation that respects the weekly cycle. Factoring or invoice-discounting facilities, where used, are reflected in the ledger so that reported revenue and cash position tell honest, separate stories.
Working as an AAT Licensed Practice means we stay strictly inside the services we are licensed to provide. IR35 / off-payroll status determinations, self-assessment for contractors, and corporation tax for personal service companies are Tier 2 (tax) services not covered by our current licence - we will refer you to an appropriately licensed firm.
Timesheet data reconciled against contractor invoices and client invoices weekly. VAT treatment applied correctly at the point of invoicing, not corrected at quarter-end.
VAT on agency margin, contractor invoices, and end-client payments structured correctly. Standard, flat-rate, and cash accounting scheme decisions advised based on the actual numbers.
PAYE, NIC, and pensions auto-enrolment for agency consultants and back-office staff. Commission structures handled within the payroll, not run alongside it.
Factored receivables tracked separately from headline debtors so reported revenue, debtor days, and cash flow are not distorted - critical when reporting to investors or covenant-holders.
Contractor personal service companies bookkept with director salary, dividend records, and VAT (where applicable) maintained. Year-end statutory accounts prepared for Companies House filing.
Statutory accounts for the agency or PSC prepared from clean weekly records and filed with Companies House on time. Tax computations handled by your appointed tax adviser.
One AAT Licensed Practice covers the bookkeeping, VAT, payroll, and accounts preparation that a it recruitment and contractors business needs day to day - without straying outside our licence.
Whether you are a specialist IT recruitment agency placing contractors at scale, a contractor running through a personal service company, or a smaller agency without an in-house finance team, the underlying disciplines align - weekly-cycle bookkeeping, VAT done right, clean PSC records.
No. Status determination is a tax-adjacent professional judgement and is not in our current AAT scope. We will refer you to an appropriately licensed firm. Our IR35 compendium is available as an informational product for in-house compliance teams.
Not currently. Both are Tier 2 services under AAT and outside our current licence. We prepare the bookkeeping records and year-end accounts that your tax adviser uses to file the return.
Factored receivables sit on the balance sheet separately from headline debtors, with the financing charge expensed correctly. Reported revenue, gross margin, and debtor days are not distorted by factoring - which is critical when reporting to lenders or investors.
Yes. That is Tier 3 work under our AAT licence. Statutory accounts are filed with Companies House from the clean monthly records.
Yes. We obtain professional clearance, integrate with your existing payroll provider and CRM / ATS, and pick up VAT and weekly reconciliations from the next cycle.
For general accountancy questions, see our main FAQ or browse the full Q&A library.
Book a free 30-minute discovery call. We will review your weekly cycle and give you a fixed monthly fee.
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