Limited Companies

We find that most contractors wish to provide their services via their own Limited company and with our accounting partner One Zero Accountancy we can provide a fully compliant and tax effective solution whether you already have a Limited company or wish to set one up today.

Our Accounting partner One Zero Accountancy will help you set up your company and find the best solution for you so as to maximise your pay and stay compliant.

All contractors have different circumstances so there is no one set solution and with the April 2016 travel and subsistence changes it has all become a bit of a minefield.

There is much confusion in the market place and anyone offering a “solution” around the new legislation is probably leading you towards an unexpected tax bill in the future, One Zero Accountancy will access the facts and advise you of the most effective and compliant solution for you.

What One Zero Accountancy will do for you

  • Free company set up
  • Help you decide whether to run your company full PAYE or salary and dividend
  • Assistance with opening a limited company bank account
  • Registration for VAT under the flat rate VAT scheme – this generates income into your company to pay for your accounting fees and puts “free” money in your pocket
  • Payroll set up and processing for up to 2 people including you
  • Weekly sales invoicing
  • All dividend documentation , where relevant
  • Competitive insurance – employers and public liability and professional indemnity – only £5 per week (£260 per annum)
  • All HMRC filings – accounts, VAT, PAYE and corporation tax
  • All Companies House filings – accounts and annual return
  • Self Assessment for one Director – any additional Self Assessments £60
  • Employers and Public Liability and Professional Indemnity insurance cover
  • Weekly fee including VAT (you can’t reclaim it on the Flat rate VAT scheme) including insurance £35 for salary dividend limited companies and £38 per week for full PAYE companies
  • IR 35 contract reviews and assessment