Accounting for Consultants and High Earners

New business owners can spend hours researching company structures, filing returns, managing payroll, and more, when their time would be better spent doing what they do best.

For many high earners, top billers, and consultants, the natural career progression often involves setting up a limited company. You’ve already proven that you’re exceptional at what you do, so now you want to go it alone and build something around your skills and experience.

As all business owners learn, however, running your own business isn’t just about delivering a great service or creating a great product. It brings accounting, tax, compliance, and admin responsibilities with it.

It can be a real time sink, especially if you go it alone. This is why it’s important to remember that, while you are going it alone, that doesn’t mean you need to do it all alone!

A complete accounting solution for consultants and high earners

At Gravitate, we’ve designed a unique package specifically tailored to consultants and high earners who want the freedom of running their own limited company, but without the stress of financial admin, compliance and reporting.

Getting you set up

You will pay an initial one-off fee of £417+VAT

  • This covers your company set up, ensuring you have the correct structure for you and your family.
  • We’ll also take care of your PAYE registration
  • If required, we will also get you registered and set up for MTD compliant VAT

Delivering long-term value

Then there will be a recurring monthly fee of £387+VAT.

This is where the real value lies. For less than the cost of one day of your billable time a month, we’ll manage the entire finance function of your business.

Service Area What You Get
Advisory meetings (6 per year)
  • Quarterly catchups to review performance, plan for upcoming taxes, and answer questions
  • A remuneration planning session to optimise how you extract money from your company
  • A pre-year-end tax planning session to ensure you make the best decisions before the year closes
Accounting and Compliance
  • Year-end accounts
  • Corporation tax returns
  • VAT returns
  • Personal tax returns
  • Company secretarial work
Payroll
  • Linked to your remuneration planning, ensuring you’re paid the most tax-efficient amount
Bookkeeping
  • Fully managed, remote bookkeeping using the latest technology, designed to be simple and painless

What does it really cost?

We understand that, as a fledgling business, cash flow is critically important, and any investment needs to deliver real value, both now and in the longer term. So we want to make sure you understand where your fees go and the value you get in return.

Here's an example

  • Annual turnover is £200,000
  • Recurring annual cost: £4,644
  • That’s 2.3% of your turnover spent on your entire finance function

Why it’s cheaper to do it yourself (and why you probably shouldn’t!)

Let’s compare the above with the time and risk of managing everything yourself.

  • Research shows an average business owner spends between 2–12 hours a week on accounting tasks.
  • Even at the low end (2 hours per week), that’s over 5% of your working time spent on something outside your expertise.
  • Now imagine redirecting that 5% of time into revenue-generating work. At £200,000 turnover, an extra 5% is worth £10,000.

See what we mean?

Of course, a cheaper compliance-only accountant is an option; this will mean a lower fee. But the service you receive will reflect the minimum statutory requirements they are obligated to meet for you. That means no advisory meetings, no access to real-time accounting insights, and little to no tax optimisation.

Why Gravitate?

Because you didn’t set up your own business to spend time on tax codes, filing deadlines, or VAT returns. You set it up to do what you’re great at and grow your business.

We’ll give you the structure, support, and technology to run your business smoothly while helping you optimise your tax position and free up more of your most valuable resource: time.

Going it alone doesn’t mean doing it alone.

Specialists in the world's leading accounting technology

Our Clients Know Best

We love our clients and they love us too, here are a few testimonials from our clients about our services.

"We transitioned over to Gravitate at the start of our 2023/24 financial year... Gravitate are the perfect firm for this! Friendly, knowledgeable and professional, the team speak in my language, as Accounts are foreign to me. They're always there on the end of the phone/whatsapp/email and if one person is out of the office, another picks up the query immediately.They allow me to focus on what I do best, work on and in the business!I could not recommend these guys more in order for you to take better financial control of your business! Great work guys"
Pete Swatkins
"Working with Gravitate has been a breath of fresh air for this side of my business. They immediately got to grips with the way we do things and the transition was smooth. Their culture, values and team spirit is a perfect fit. And they are brilliant with their marketing and brand message."
James Biggin
"I would highly recommend Gravitate Accounting. Since moving to them we've felt that we have much more understanding of the financial side of our business and we've felt that Mike really cares about helping us. Gravitate really focus on the relationship between the accountant and the client and we wouldn't think of going anywhere else. Thank you!"
Stephanie Seddon
Right Choice Mortgages
"Mike and the team have been absolutely amazing in helping me transition from the old spreadsheet accounting to more efficient digital systems. They made the process straight forward and communicate in a way which the layman understands....Thanks! Nick"
Nicholas Riley
Engeniaire
"We've really enjoyed working with Gravitate after moving from a larger Sheffield competitor.We've found the service and the communication absolutely top notch, we couldn't be happier - they've helped us move our business on to the next level."
Ash Young
Evoluted
"Jessica explains everything so clearly, I always feel better after speaking with her. They are pro's at Gravitate with such attention to detail."
Nikki Armytage-Foy
Electric Woman
"I've loved working with the team at Gravitate over the past year or so. Modern accountants that use up-to-date tools that streamline things massively. On top of that, they're helpful, friendly and generally a pleasure to work with. The results show they've got the formula right- they're growing very quickly.I've already recommended them to friends, and wouldn't hesitate to do so again!"
Chris Iverson
FourJaw Manufacturing Analytics
“We actually came across Gravitate when in the process of trying to recruit for a full time FD. Using them was one of the best decisions we've made. They've helped us automate our accounts, and the help during Covid has been beyond what anyone could expect from a supplier. Highly recommended.”
Sean Reddington
Thrive Learning
"I trust Gravitate accounting with all the finance & accounting needs for my business. They take all the stress out of accounting, explain complicated accounting problems very simply, they are very responsive & very easy to communicate with. As well as suggest & integrate apps/ software to make expense claims & invoicing easier; they also always send me a helpful video explaining the details alongside our quarterly reports. I would highly recommend Gravitate to anyone"
Rex Rusling
The Rec Hub
Google Rating

Got a question? Get in touch with our team today

News

Our recent insights