In the United Kingdom, there exists a variety of limited corporations, such as public limited companies, private unlimited companies, companies limited by shares, companies limited by guarantee, and Community Interest Companies (CIC). Among these options, most business owners opt for a company limited by shares. Regardless of the type of organization, every limited company is required to register with Companies House. Once incorporated, our primary objective is to gain a comprehensive understanding of your company, enabling us to provide tailored advice that meets your specific business needs.
Our responsibility involves meticulously compiling your annual statutory accounts and providing you with a clear explanation of how they will impact your company. We ensure that the accounts we prepare are in full compliance with both Companies House and HMRC regulations.
Following the completion of your statutory accounts and financial reports, we offer an annual company report that identifies opportunities for cost reduction and profit enhancement. We guide you on proactive tax planning strategies based on this report, enabling you to minimize your tax expenses through early planning.
Throughout the year, we work alongside you, addressing various accounting concerns, employee costs, payroll issues, tax planning, procurement, inventory management, VAT, and any other situations where you require expert advice. Our commitment extends beyond simply preparing your accounts at the end of the year.
Our comprehensive range of services includes:
• Incorporation of your limited company
• Assistance in opening a business bank account, if needed
• Preparation and filing of abbreviated accounts with Companies House
• Preparation and filing of a complete set of accounts with HMRC
• Preparation and filing of your company tax return (CT600) with HMRC
• Expert guidance on the UK tax system, including National Insurance (N.I.) rates and more
• Advice on maintaining proper record-keeping practices
• Determination of whether your business needs to register for VAT, along with information on available VAT schemes
• Guidance on potential allowable expenses
• Assessment of tax liability and relevant deadlines
• Acting as your agent and representing you in dealings with HMRC
• Unlimited email and telephone support throughout the year
• Provision of efficient bookkeeping software
• Strategic tax planning
We strive to effectively communicate the importance of registering a limited company and highlights the value of our services in terms of compliance, reporting, and ongoing support for businesses in the UK.