Consultants

Accounting for consultants.

Consulting income tends to arrive in lumps — a day-rate engagement here, a fixed-price project there — with expense claims and travel costs mixed in throughout. On top of that sits one decision most consultants face early on: whether to operate as a sole trader or set up a limited company. Buzz works with consultants who want straightforward numbers and a clear answer to that question, not vague advice.

Day rates and projects need to be tracked properly

Whether you're billing by the day or quoting a fixed project fee, it's easy for income to become a blur of invoices with no clear view of what each engagement actually returned once expenses are accounted for. Proper bookkeeping keeps that visible, so you know which clients and which types of work are genuinely worth your time.

What consultants need from an accountant

Support built around how consulting income actually works

Day-rate and project income tracked

Income properly recorded and reconciled, whichever way you bill, so you know what each engagement actually returned.

Expense claims handled properly

Travel, subsistence and client-related costs claimed correctly, so nothing's missed and nothing's claimed that shouldn't be.

Sole trader vs limited company

Straightforward guidance on which structure suits you at your current income level. See our sole trader vs limited company guide for the full breakdown.

Clear profitability by engagement

Reporting that shows what's actually left once expenses and costs are accounted for, engagement by engagement.

A dedicated accountant

Someone who understands consulting income and can talk it through properly, not a generic small business script.

One fixed monthly fee

No hidden extras and no surprise bills, whatever your billing pattern looks like month to month.

FreeAgent included

One place for day rates, projects and expenses

FreeAgent is included as part of your package, worth up to £330 a year, so invoicing, expense tracking and income all sit in one place — far less admin than spreadsheets and scattered receipts, whichever business structure you operate under.

Business owners in a working meeting
Who this is for

Built for consultants who want a straight answer

  • Consultants and management consultants working day-rate or project engagements
  • Anyone deciding between sole trader and limited company status
  • Consultants who want expense claims handled properly and correctly
  • Independent consultants who want to know which clients are genuinely profitable
  • Anyone who wants fixed monthly fees instead of a bill that varies with workload

Ready for accounting that keeps up with how you bill?

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