LIMITED COMPANY ACCOUNTS AND CORPORATION TAX

Many entrepreneurs choose to use Limited Companies for their business, if done correctly this can have many benefits in terms of tax and risk exposure. However, if you get this wrong it can end up being an expensive problem.

At Accounts Action we deal with many limited companies, and we can help make sure you avoid the pitfalls and gain the benefits of this structure.

We can help from Company formation through to your year-end accounts and everything in between.

The typical work undertaken for our Limited Company and Director/shareholder clients includes:

  •  Annual Accounts preparation

  • If required, we can also take charge of your bookkeeping and VAT returns

  • Preparation and filing of your annual corporation tax return and planning to mitigate your tax liabilities

  • Looking after your company’s confirmation statements and other forms that need to be sent to Company’s House

  • Dealing with your companies’ payroll

  • Dealing with employees Auto Enrolment for pensions 

We will also be able to guide you through the fast approaching Making Tax Digital (MTD) regime that is due to take effect from the 2024 tax year and ensure your company will be fully compliant with the new tax obligations.

It is our aim to take away the distraction of navigating the maze of compliance and tax regulations, leaving you to concentrate on the day job and to ensure your business can reach its maximum potential.

If you already have a Limited Company, thinking of starting a company or considering ‘incorporation’ your existing sole trader business we would be delighted to speak with you.

Please contact Philip Redhead FCCA on 01883 732203/4 or use the button below.

“Creativity is great-but not in accounting.”

Charles Scott