Accountancy For Limited Companies
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Why Do I Need an Accountant for a Limited Company?
A Limited Company often comes with a large amount of responsibility, including marketing, client management, payroll duties and, most importantly, managing your finances. You'll also need to prepare tax returns and file annual accounts. Working with a limited company accountant will mean you get the most out of your business without having to worry about compliance. As with any legal requirement or obligation, there are a plethora of ever-changing regulations that you need to keep up to date with to ensure your limited company is maximising its possibility of tax reduction.
At JMC accountants, we have over 35 years of experience working with limited companies all across the country, providing us with valuable knowledge on the legal entity. Whether you're just starting up or you're already a fully established business, we can help walk you through your options and discuss what's best for your business. Every service we offer is completely tailored to our clients' needs. We never charge for services you don't need and always have your best interests at heart.
Limited Liability
Established Status
Tax Efficiency
Accounting Services for Limited Companies
Accounting Software for Limited Companies
You will have full access to your software backups when required so you can keep an eye on your books. We will also provide you with any necessary reports regularly. Our software is MTD ready if your limited company is VAT registered, allowing us to submit prepared VAT returns and avoid unnecessary penalties.
Choosing the right path
As we mentioned above, choosing the right legal entity for your business is not an easy decision by any means. While it can be beneficial for one business, it can be the complete opposite for another. We love to sit down with all of our clients in their initial free consultation to get to know how it operates. You'll sit down with one our expert limited company accountants for a free 30 minutes. The more we know and understand about your business the more informed decisions we can make, providing your business with the most tax-efficient route setting up, planning and strategizing.
Can I Do Limited Company Accounts Myself?
Payroll Services for Limited Companies
Reporting necessary deductions and information to HMRC.
Our In-House Limited Company Accountants
Benefits of a Limited Company Accountant
Claim Expenses
A good accountant can assess your business and understand what expenses you can claim. A limited company gives you a wider range of expenses to capitalize on, which our team knows inside and out.
Limited Liability
When operating as a limited company your business has limited liability. This means any debt or risk that the business takes on, is that of the business's and not the responsibility of the directors or shareholders; which in turn protects their personal assets
Credibility
A limited company often gives suppliers and customers a higher sense of credibility from your business. It fills them with more confidence and helps when dealing with suppliers and managing investments.
