Guide to Limited Company Tax

We can file all your company taxes for you.

This webpage describes some of the more usual taxes involved for a Limited Company.


There are several taxes involved in a Limited Company, including:

• Corporation Tax
• PAYE
• VAT

• and Self Assessment for an individual as a Director

Corporation Tax

Corporation Tax is a tax on the profits of a Limited Company.

These tax calculations can be quite complex which is why they would normally be done by qualified accountants, and this is part of our service.

PAYE / Payroll

If you are a Director of the limited company, you will usually be an employee of the company and on the Payroll of the company. This means that you will have a salary and receive a payslip, just like any other employee.

The company will usually run a monthly payroll and may need to deduct Income Tax and National Insurance on the payslip and pass this on to HMRC under the PAYE tax system every month.

Payroll is part of our service.

Self Assessment

For an individual Director, HMRC say they require a personal Self Assessment tax return in addition to the limited company's Corporation Tax return.

VAT

Please visit our VAT webpage for more details.


For each of the above taxes, please note:

• All of these taxes are now filed online
• Each has a separate registration process