We offer professional accountancy and tax advisory services tailored to your needs.



Starting contracting can be challenging for many. It is a big leap of faith to take and move into the uncertain territory of the flexible workforce. If you are thinking of moving from being permanently employed into the world of contracting or freelancing then you need to structure your business in the best way possible so that you minimise your tax liabilities, while maximising your take home pay.

RAY is here to offer expert advice and to guide you through the freelance experience. We work with contractors, locums, consultants and freelancers from various industries.  We talk to and listen to what our clients have to say and aim to provide a top quality service.

Your choice is between setting up a limited company or operating under what is called an umbrella service company. Whether you are new to contracting or looking to find out the best business and payroll option, there are various advantages and disadvantages to setting up a limited company or using an umbrella company. Most contractors want to know if they will be better off with a limited company or an umbrella service. Please click here for advantages and disadvantages related to both options.

Realistically the option you choose should be based entirely on your individual requirements. We can offer you advice and guide you through each option, to help you make an informed decision that is best suited to your requirements.

We offer fixed fee service packages designed and developed for contractors, locums, consultants and freelancers working in all sectors and anywhere in the UK.

Dedicated & Tailored Service

At RAY we provide all our clients with dedicated service and advice that is tailored to their circumstances. We understand that as a contractor you will not get paid if you do not work, so we will even meet you after 5;30 pm.

Limited Company Formation

At RAY, we also provide a limited company formation service to all our clients. We will also register your company for PAYE, VAT and corporation tax, taking this administrative hassle off you.

If you are moving to us from another accountant we will request authorisation codes and ensure that the transition is smooth.

Low-Cost, Fixed Fee Accountancy Packages

Our all-inclusive accountancy packages will take care of all your business and personal taxation needs, so you never have to worry about receiving an unexpected tax bill. We work on a fixed fee basis and in most cases ask our clients to pay us on a monthly basis, to spread the costs.

Service Breakdown

Becoming a client at RAY means that we will help you with the running of a limited company. Our most popular accountancy package includes the following services:

  • Full annual accounts preparation and submission to HMRC
  • Abbreviated accounts preparation and submission to the Companies House
  • Corporation tax computation and return preparation and submission
  • VAT set up and associated returns
  • Payroll set up including submissions and payslips for up to two employees
  • Quarterly book keeping review and ongoing support
  • Tax advice including corporate and personal
  • Self-assessment tax return for one director
  • Confirmation statements
  • P11D forms
  • Company formation and registration for relevant taxes

Why Choose RAY?

We provide fixed fee accountancy packages for contractors, freelancers, locums and consultants. We pride ourselves on being our clients trusted advisors and providing the very best in accountancy/tax advice and knowledge.

We will aim to meet you at least twice a year, especially before finalising and submitting your accounts and tax returns. Other than meeting you, we will remain in touch with you throughout the year.

We understand that as a contractor you would not get paid if you miss work. So, we will even meet you after 5.30pm.

To speak us please phone us on +44 (0)2079 932 792 or +44 (0)1908 385 409 or email us on info@rayaccountants.co.uk