Category: Limited Company Guides

Incorporating a limited company to operate your business may hold some significant financial advantages. Increase in tax savings and personal income are the main ones. Learn how to register a limited company and get information on how to operate it.

In need of some additional advice? Please don’t hesitate to contact us.

Off-payroll reforms: Why you shouldn’t close your company, just yet!

Although we are waiting for the new government to give us clarity on whether the off-payroll reforms will come into effect from 6thApril 2020, it is important to understand what things need to be considered when the decision is confirmed.

Setting up your limited company

How to set up a new limited company

We know that setting up your own company can be both nerve-wracking and exciting. There’s certainly a lot to think about regarding the services you wish to offer and the type of clients you hope to work for, let alone the admin and tax side of things.

Payment on account reminder

Personal Tax Bill and Payment on Account – Now Due!

f your personal tax bill for the year ended 5th April 2018 exceeded £1,000, you will likely be required to make a payment on account of the year ended 5th April 2019.

Making Tax Digital for VAT

Making Tax Digital for VAT – The Complete Guide for Small Businesses

Starting from April 2019, most VAT registered businesses will have to comply with the new ‘MTD for VAT’ regulations and submit their VAT Tax Returns via MTD compatible software. The current process of applying VAT records to your HMRC tax account will become a way of the past, as your invoices and transactions will be transmitted via what HMRC refers to as; ‘Digital Links’ and ‘Software Bridges’. So, to get a better idea about the adjustments needed and to help you get MTD compliant, we have put together the below, Making Tax Digital for VAT complete guide.

An MVL can be a great option

How to close your company and extract the profits at 10%

All things come to an end eventually and contracting is no exception.  Whether it was your decision or not, you might eventually decide to close down your company and move on to new projects. If […]

How to close your limited company

Closing Your Company

Everything must come to an end eventually, even a limited company.  Whether you have accepted employment or your contract has simply finished, it’s likely you will need to consider your options regarding your unwanted company. […]

Registering a new limited company

How to form a Limited Company

You’ve made the decision to go down the contracting route, handed in your notice and made the decision that a limited company is the right option for you.  What do you do now? The next […]

What is a Limited Company?

As accountants, our job is to advise you about the best structure for your new business venture. We get lots of questions about the most tax efficient way to set up a company, the day-to-day […]