ABOUT US

Generic IT provides Accounting & Finance, Business Services and Tax Planning to individuals and businesses, including sole traders, partnerships, self-employed and employees.  We also specialise in providing contractor solutions for professionals working in the UK and abroad.  We have a number of contractors in the IT, Telecom and Finance industries.  

Generic IT are professionally associated and work closely with -

• A firm of tax experts who liase with leading tax barristers and tax counsels. Their clients include premiership football clubs and large corporations.
  
• A leading Employment Consultancy firm based in the Isle of Man; established in 2003, who provide remuneration structures for over 1,000 contractors and small businesses.  
  
• A leading Independant Fiduciary Services Company;  provider of employee benefit trusts managing a large portfolio of assets.

Examples of our services include the following -

• Tax Planning - e.g. Income Tax, Capital Gains Tax, Corporation Tax, VAT, Inheritance Tax, double taxation agreements.
  
• Contractor Solutions - e.g. Contractor IR35 friendly structures, registered with the Inland Revenue, under disclosure of Tax Avoidance Schemes.
  
• Business Services - e.g. Limited Company setup and closure.
  
• Accounting and Finance - e.g. Preparation of annual accounts, tax form preparation, tax computations, tax investigations, liason with Inland Revenue.