Accountants for limited companies
Limited companies must file annual accounts at Companies House within nine months of their year end and a Corporation Tax return with HMRC within twelve. We prepare and file both from £599 a year, and plan the director salary and dividend split alongside it.
What usually goes wrong
These are the four things we most often find when a new limited companies client brings us their last couple of years.
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Your salary and dividend split has not been reviewed
Thresholds move every year. The split that was optimal two years ago probably is not now, and nobody will tell you unless they look.
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Corporation Tax is due before the return is
Payment is due nine months and one day after year end; the return is not due for twelve. Companies routinely get caught by this gap.
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You are missing capital allowances
Annual Investment Allowance and full expensing can write off qualifying spend immediately. A lot of small companies claim nothing because nobody asked what they bought.
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The accounts arrive eleven months too late to be useful
Annual accounts are history. If you want to make decisions you need management figures during the year, and someone to argue with about them.
What we do for you
- Company accounts Statutory accounts, the Corporation Tax return and Companies House filing. from £599
- Corporation Tax Capital allowances and reliefs claimed properly, filed on time. Quoted
- Payroll & pensions RTI filing, payslips, auto-enrolment and your year-end forms. from £25/mo
- VAT Registration, the right scheme, and every quarterly return filed. from £45/mo
- Business advisory Management accounts, forecasting and planning before your year end. Quoted
- Audit Partner-led statutory and voluntary audits for West Midlands companies. Quoted
Guides for limited companies
Limited companies: common questions
How much does a limited company accountant cost?
Our limited company accounts start at £599 a year including the Corporation Tax return and Companies House filing. Add payroll from £25 a month and VAT from £45 a month if you need them.
What are the penalties for filing company accounts late?
Companies House charges £150 up to one month late, rising to £1,500 beyond six months, and the penalty doubles if you were also late the previous year.
Should I pay myself salary or dividends?
Usually a small salary up to the National Insurance threshold with the balance as dividends, but it depends on your profits, pension plans and whether you need the National Insurance record. We model it annually.