With a limited company set up, it generally needs more administration and involves stricter procedures.
Using my services would solve that problem. The help and advice at SJ Baker Accounting will help you to maximise
the tax advantages of trading as a limited company.
There
are several advantages of having a limited company set up: · many agents prefer
to deal with limited companies
· Trading as a limited company is generally saves you thousands of pounds in tax
· if you trade as a limited
company debts are the company’s not yours
Having a limited company set up does involve more administration: · registering
with Companies House
· registering with HMRC for Corporation tax
· Filing
a full set of annual accounts with Companies House
· filling out an annual return with Companies
House
·
filing a Corporation tax return with HMRC
· if you are going to pay yourself
a small salary, you will also have to set up PAYE
· you will no longer be able to withdraw
money from the business as and when you please, you will have to decide whether the withdrawal is going to be a dividend or
salary
SJ
Baker Accounting can:
Arrange your
registration with HMRC for VAT and Corporation tax
Advise
you on the best split for salary and dividends to gain the best tax advantage
Ensure that all returns are filed in a timely manner
Your company can be set up within 24 hour
