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 The first question we will ask is “Should you incorporate - trade as a limited company?”

 Ask us  to demonstrate   our interactive calculator to see the potential tax savings, but be advised that this can only a guide. We will need to discuss thoroughly with you the full impact of regulations and the implications on cash flow and current tax liabilities if a change is implemented. Even at the beginning of a new company, it is also wise to think  of and plan for the 'exit stategy' (your eventual retirement etc.)

 We prepare statutory accounts to comply with the Companies Acts;

a) For submission to HMRC*

b) To enable clients to manage their businesses. For most clients only a shorter version of their accounts is filed at Companies House. (Abbreviated accounts are the minimum possible information available to anyone who wants to look at your business.)

 Corporation tax has been on a Self Assessment basis for the last few years and forms CT 600 "the company's tax return" are filed on-line with a special copy of your full accounts together with tax computations and claims for capital allowances. Abbreviated accounts are also filed on-line as well as most company forms.

* and again we are at the cutting edge, with the new on-line filing regulations being trialed.