
Limited Companies
Whether you have a well-established limited company or are evaluating the pros and cons of running your business through a limited company, we can help in all areas of accounting and tax. You can also check out our Business Services to understand the general services we offer to all businesses, but here are some company-specific things we can help with.
Thinking of a limited company for your business?
We can advise you on the pro's and con's of running your business through a limited company. The tax issues are one matter - you may be able to save tax by operating through a limited company, but there is a lot more to it than just the headline tax figure!
Already running through a limited company?
Is this still the right thing for you and your business? We will keep you informed of developments which will affect your decision and support you to revisit this important question when appropriate. We'll also advise you about the current issues relevant to your business, be it extracting profits or planning for succession.
Company formation
We can set the company up and issue the shares. We'll advise you on shareholdings and about director responsibilities, and file the important paperwork with Companies House.
Remuneration and benefit planning
What is the best way to extract profits from my company? We'll make sure that you understand the issues and help you structure your personal tax affairs sensibly. We'll also advise you whether a company car is a sensible option, or whether you would be better off running your car privately and charging your company for business trips.
IR35 and Off Payroll working
We are all over this horrid area! Between Rebecca, who lectures to accountants on the topic, and Luke, who has dealt with literally hundreds of contractors, we can advise you and support you through the maze of rules, and in particular the implications of the changes in 2021.
We are happy to guide you through the online tool provided by HMRC to assess employment status of contractors and advise you about the implications of the results.
Whether you are a contractor or an engager, we help you make sure that you are 100% compliant.
If you are a contractor, we are experienced in keeping your company finances under control and making sure that you don't get into a mess with the taxman. Or maybe you can manage without the company? We'll look at that too.
Dividends
Most owner managers draw some of their income as dividends. We'll help you check that you have profits available to do this, and draw up director minutes and produce the dividend certificates for you.
Company secreterial
Companies House makes a good income from fines imposed on companies which do not meet their statutory obligations! We can host your registered office and file returns (and of course accounts) as they fall due.