Limited Companies have their own legal identity. The limited company is registered at Companies House. Annual Accounts must be filed with Companies House, profits are distributed as dividends or retained in the business. The company pays Corporation Tax and directors pay Income Tax on salaries and dividends.
'Basic' Annual Package from £500 plus VAT per annum
Our annual accounting package is designed for people who prefer to maintain their own monthly/quarterly records and have their accounts finalised at the end of the year. Advanced Accountancy will take care of all your Corporation Tax Returns and Statutory Annual Accounts.
Providing we are in receipt of all the necessary information and paperwork, we will complete your year-end accounts and Corporation Tax return within 2 months of your year end.
'Advanced PLUS' Package from £150 a month plus VAT
Advanced Accountancy offers online tailor-made services, which include:
- Company Formation*
- Payroll and End of Year Returns
- Statutory Accounts and Corporation Tax Returns
- Personal Taxation
* Additional one time set-up fee of £75 plus VAT applies