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