Limited Company Accountants UK
Do you own a limited company and need an accountant? Or perhaps you are planning to transform your existing company into a limited company? Take the help of our dedicated and experienced limited company accountants and tax specialists. Our team not only assists you in limited company incorporation but also supports you in filing corporation tax returns, including directors’ tax returns to maximize benefits. We handle annual accounts, VAT returns, and bookkeeping, as well as manage payroll processing and communicate with authorities on your behalf.
ACCOUNTING
Services for Limited Company
Selecting the Limited Company structure for your business sets the stage for a range of advantages that distinguish it from other business models. If compared to other types of business, the main difference is represented by its legal entity distinction from its directors and shareholders. Limited Companies not only provide effective tax planning strategies but also offer the invaluable protection of limited liability, making them a preferred choice for businesses.
Our extensive experience speaks for itself have helped hundreds of businesses, freelancers, and contractors with their limited company accounts. Our committed team offers expert Accounting, financial advice and support to those seeking or currently working through a limited company structure.
Let’s get started
We would love to keep you informed about exclusive offers tailored just for you, along with providing handy guides and expert tips to simplify your tax return process.
Expert tax advisors are waiting for your call
ACHIEVEMENTS
We're multi-award winning accounting firm
for Limited Company
OUR SERVICES
COMPANY INCORPORATION
Our accountants in the UK offer specialized consultations to meet legal requirements, ensuring seamless paperwork submission to Companies House and HMRC for efficient and protected company registration.
VAT REGISTRATION & RETURNS
If your business’s VAT Taxable Turnover exceeds £85,000, you must register with HMRC. Our VAT professionals assist with the registration process, planning, preparing, and filing all necessary paperwork to ensure timely and accurate VAT returns.
PAYROLL & PENSION
Our specialist payroll department manages payroll and PAYE, maintaining accurate employee records. We also provide pension services to ensure your company remains compliant and well-managed.
BOOKKEEPING
Lanop’s skilled bookkeepers handle tedious record-keeping tasks, including income, expenditure, bank reconciliations, VAT, and PAYE using cloud accounting software and smart technology, allowing you to focus on growing your business.
VIRTUAL FINANCE DIRECTOR
Our virtual finance director services offer tech-savvy financial consultants to assist with business plans, financial projections, management accounts, budgeting, variance reports, and investment decks for effective business management and dealings with external financial institutions.
TAX PLANNING
Lanop’s tax experts offer comprehensive industry-specific tax reliefs, tax-saving strategies, and investment planning for both individuals and corporations, ensuring optimal tax efficiency and compliance.
HMRC INVESTIGATION
Lanop handles all types of tax investigations. Our expert chartered accountants provide competent advice on HMRC Nudge Letters, Disclosure Facilities, fraud, VAT, and PAYE investigations, ensuring thorough and effective representation.
STATUTORY COMPLIANCE
Our chartered accountants manage all HMRC and Companies House compliance requirements, including preparing and filing annual financial accounts, VAT, payroll, corporation tax, and income tax returns with relevant departments, ensuring full compliance.
Call us today for expert accounting
solutions tailored to your business needs.
Meet Our Experts
Our team consists of skilled and experienced accountants and financial advisors. These professionals can assist individuals, entrepreneurs, business partners, and larger ventures with their financial and accountancy acumen.
-----Frequently
Asked Questions
Explore our FAQs for quick answers to your common questions about limited company.
Still have questions?
For UK taxpayers operating as limited companies, the Corporation Tax rate for the 2023/24 tax year varies:
- ‘Main rate’ businesses will pay 25% from April 1, 2023.
- Companies with taxable profits below £50,000 will continue to pay 19%.
- Businesses with profits between £50,000 and £250,000 can claim marginal relief, reducing their rate below the 25% bracket.
For a limited company, VAT registration is a separate process from company formation. It is not mandatory during incorporation. You can choose to register for VAT when your business exceeds the threshold or opt for voluntary registration before reaching that point. The decision is yours to make based on your business needs and preferences.
Yes, a limited company engaged in construction work needs to register for the Construction Industry Scheme (CIS). This includes not only sole traders but also owners of limited companies, partners in partnerships, or trustees. Under CIS, contractors are required to deduct 20% from payments and remit it to HM Revenue and Customs (HMRC), serving as advance payments towards tax and National Insurance. Failure to register for the scheme may result in contractors deducting 30% from payments instead.
To close a limited company without incurring significant tax, consider a Members’ Voluntary Liquidation (MVL). Through this process, the company’s assets are liquidated, and profits are distributed to shareholders as a capital gain, subject to Capital Gains Tax (CGT) rather than higher income tax rates. Consult with Lanop Business and Tax Advisors for tailored advice.
