Contractors setting up a Limited Company : What you need to know

Fast and seamless set up within 24 hours

Square Mile Accounting has every step of the way mapped and marked. We can get everything set up for you on your behalf, from choosing and registering your name to filing your accounts to helping you to use your accounts to grow your business.

Becoming a Limited Company could:

  • Give you a higher take-home pay
  • Reduce personal income tax
  • Protect your personal assets
  • Improve your business prospects and earning potential.
  • Allow you to deal with larger companies
  • Allow you to build a succession plan

How your accountant can help

The legal responsibilities of Limited Companies and other trading options are not the same. Square Mile Accounting can help you make sure you are compliant and up-to-date. Unlike some other providers who charge additional fees for services, Square Mile Accounting provide everything you need for one monthly fee, with no hidden costs. If you take advantage of our services, we’ll help you do all of the following as part of our monthly fee:

  • Handle the set up of your Limited Company with no set up costs, exit fees or tie-in period
  • Register your company for PAYE (if needed)
  • Register your company for VAT (if needed)
  • Advise you on the requirements of Companies House and file all necessary paperwork
  • Advise you on the optimum share structure of the company
  • Deal with HMRC on your behalf
  • Expert advice from a dedicated support team, 5 days a week
  • All VAT, tax and year-end returns are completed for you
  • Operate compliantly with unlimited IR35 reviews
  • Secure online accounting software accessible anywhere via computer, mobile or tablet
  • Know your tax position and how much you can withdraw, with daily updates

Please get in touch with us to see how we can help you.

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