We know that starting up in business can feel both difficult and alien when you have been used to the world of employment.
Here at RM Tax & Accountancy we are here to help you through those early days, from registering for the appropriate taxes with HMRC to business plans to assist with bank financing.
Being a sole trader or a partnership can offer the most simple of business structures, with advantages over a limited company in reduced reporting and in the case of a partnership less rigid profit splits.
At RM Tax & Accountancy we will listen to your requirements and help you as much as needed in order to ensure you are compliant with UK tax law. We keep your tax position consistently under review to assist you in making the right decisions for your business.
Limited companies offer a different set-up to sole-traders or partnerships. Companies must be registered with Companies House and pay 20% corporation tax on profits.
We offer the following services for limited companies
- Limited company accounts
- Corporation tax compliance and planning
- Management accounts
- VAT returns
- Director's tax planning
- Company secretarial compliance
- Payroll services
We will ensure all your reporting obligations as a director are met at RM Tax & Accountancy and will be on hand to assist you with any queries on your journey.