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Limited Companies

As a limited company director there are various tax and regulatory requirements that need to be met. From the preparation and submission of your statutory accounts to paying staff, we can help.

The Legislation

A limited company under UK law is one registered at Companies House. Once registered, a company has its own entity with its own legal rights and obligations, separate and distinct from those of its members and directors.

All limited companies must prepare and submit annual accounts to HMRC and Companies House. There are predefined reporting requirements that must be met for company returns.

Directors' responsibilities

As a director of a limited company, you must:

  • Follow the company’s rules, shown in its articles of association

  • Keep company records and report changes

  • File your accounts and your Company Tax Return

  • Tell other shareholders if you might personally benefit from a transaction the company makes

  • Pay Corporation Tax

You may be fined, prosecuted or disqualified if you do not meet your responsibilities as a director.

How can we help?

  • Online submission of Company Return to HMRC and Companies House

  • Filing Confirmation Statements

  • Act as Company Secretary

  • Running company payroll

  • Follow correct dividend processes and advise on dividend payment amounts

  • Ensure tax efficiency

  • Bank Reconciliations

  • Bookkeeping