How Do I Quickly Set Up A Limited Company?
Are you having trouble forming a new limited company? You will be rescued from the quagmire of receipts and tax penalties by our limited company accountant. Let us examine the several categories of limited firms in the UK. Here is how we divide them up. They include limited by shares, limited by guarantee, private unlimited companies, and public limited companies. Our chartered accountants in London will be pleased to help if you are seeking for accountants for a limited company.
Let Our Limited Company Accountants File Your Taxes!
Our Limited Company Accountant at SKATAX is skilled at taking value from narrow zones. Whether it is setting aside money for limited company taxes, calculating tax dividends, or figuring up asset allowances. Once we are on board, you can count on us to handle all the documentation. The limited company accountants at SKATAX have a wealth of experience, and they will use every resource within their arsenal to assist you make a profit and pay as little tax as possible. Our professionals are at your service.
This Is How The Procedure Goes:
We provide comprehensive accounting solutions for your Limited Company, but if you require specialised services, we would be happy to provide them. We offer the following limited company accounting services:
- Every year, submit the company's annual return to Companies House. (To be submitted yearly, within 28 days of the firm anniversary)
- File Abbreviated yearly set of accounts to the company's home. (Within nine months of the year's end)
- Annually, submit a complete set of accounts to HMRC. (To be submitted no later than 12 months from the year's ending)
- Provide HMRC with a Company Corporation tax return (CT600) (to be filed within 12 months after the year end date).
- If your business's annual revenue exceeds the VAT threshold, you must register for VAT, or you can register voluntarily.
- Only if you are VAT registered, file VAT returns, which are typically due quarterly.
- A PAYE system should be set up if you have employees in order to collect income tax and National Insurance contributions.
- Monthly payroll should be filed under real-time data. (Only if a PAYE arrangement is in place)
- Each year, you must submit a self-assessment tax return if you are a company director. (Only if you receive a wage or dividends from the business)
- Other requirements, which vary depending on personal factors include submitting a P11D, etc.