How to Setup a Limited Company in No Time?
Are you struggling with setting up a new limited company? Being Limited Company Accountants let us pull you out of the puddle 0f receipts and tax fines. Let’s take a look at different types of limited companies in the UK. Here’s how we segregate them. They’re limited by shares, limited by guarantee, private unlimited companies, and public limited companies. If you are looking for small limited business accounts or accountants for a limited company our limited company accountants in London will be more than happy to assist you!
Let Us File your Taxes!
Our pro-Limited Company Accountants at Accotax know where to squeeze out the cash from. Whether it’s saving up on your taxes for a limited company, working on your tax dividends, or working on the allowances for your assets. Once you have us on board, expect us to do all the paperwork for you. Our limited company accountants have great knowledge and they will do everything possible in their hands to help you gain profit and decrease your taxes as much as possible. We have our experts working for you.
Here’s How the Process Works
- File Company’s Annual Return to Companies house every year. ( To be filed every year, within 28 days from the anniversary date of the company).
- File Abbreviated Set of accounts to the company’s house every year. ( Within 9 months after the year end date)
- Pay any Corporation Tax due, within 9 months and one day after the year-end date.
- File full set of Accounts to HMRC every year. ( To be filed within 12 months after the year end date)
- File Company Corporation tax return to HMRC- CT600 ( to be filed within 12 months after the year end date).
- Register your Business for VAT if turnover is above the VAT threshold or you can register on a voluntary basis.
- File VAT returns usually quarterly – only if you are VAT registered.
- If you have employees, you should set up a PAYE system to collect income tax and National Insurance contributions.
- File monthly payroll under real-time information. Only when you have a PAYE scheme in place.
- File Self-assessment tax return every year – Being a director of the company. ( Only when you take a salary or dividends from the company)
- Other Requirements, depends on individual circumstances such as filing P11D, etc