Limited Companies
There are 1.3 million companies registered in the UK, and these have far greater compliance regulations than sole traders and partnerships.
- Annual accounts must be filed at Companies House within 9 months of the year end
- A corporation tax return must be filed online using iXBRL compliant software
- An Annual Return must be filed with Companies House each year stating who the Directors & Shareholders of the company are, plus details of the issued share capital
- If the Director(s) is paid a salary, then the company must register as an employer, run a payroll, and file RTI reports online with HMRC
This looks and sounds like a minefield of regulation, complicated software, and lots of different filing dates to remember.
The good news is that our experienced team can take care of all of the compliance needs of your company, and ensure that you don’t miss a deadline. Our Silver and Gold packages also include pre-year end tax planning, which enable us to work with you to look at ways of minimising your tax bill before the end of the financial year. This will also include an estimate of your corporation tax liability, so that you can plan to put enough cash aside to pay it.
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