Steps to Contracting through Limited Company
There are a lot of benefits to contracting through your own limited company and we at Rhodes Accountants and Business advisors with our years of experience can help you achieve that.
Forming a Limited Company
Appoint an accountant
What’s left for you to do?
Sit back and relax
We know how important it is for you to concentrate on your client and your contracts so we take away all the stress of statutory and tax reporting and let you do what you should concentrate on most i.e., working on your contracts. We also provide our full service which takes away some of the above admin tasks and let you relax and work stress free
Forming a Limited Company
- To form a company please email us at [email protected]
- We will also help you with VAT registration and setting up free business banking.
Appoint an accountant
- The quickest and easiest way to appoint Rhodes Accountants and Financial Advisors is to contact us and discuss with us your plans.
- What will we do? Almost everything: Company Formation, Year end accounts, Corporation tax, Payroll and PAYE returns, Dividend administration, dealing with HM Revenue and Customs and Companies House, completion of VAT returns, completion of Annual return, personal taxation, direct access to your own dedicated tax expert for all help and advice, bookkeeping, Invoicing and credit control, ongoing tax planning and tax saving advice.
What’s left for you to do?
- Invoice your client/agency (we provide you with a template).
- Complete a very simple Excel spreadsheet, similar to an expense claim form which should take about 10 - 15 minutes per month to complete.
- Forward any correspondence you get from the HM Revenue and Customs let us take care of it for you.
- Send cheques to HMRC for your income tax, VAT and national insurance contributions.
- Pay yourself every month, this simply involves moving money from your business bank account into your personal account.
Sit back and relax
We know how important it is for you to concentrate on your client and your contracts so we take away all the stress of statutory and tax reporting and let you do what you should concentrate on most i.e., working on your contracts. We also provide our full service which takes away some of the above admin tasks and let you relax and work stress free
