Guide to your own Limited Company

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Step-by-step Guide

Three easy steps to contracting through your own limited company

1. Form a Limited Company

This will take a few minutes and your company will be set up within twenty four hours.

We will incorporate your company for FREE if you join our services.

To form a company click here or telephone 0800 5999 800 (mobile friendly 0208 540 1920) and we will make the process extremely simple and easy.

We will also help you with VAT, PAYE and any other company tax registration.

2. Appoint Tax Link as your accountant

What will we do? Almost everything: year-end accounts, corporation tax, monthly Payroll, dividend administration, dealing with Inland Revenue and Companies House, completion of VAT returns, completion of annual return, personal Taxation, direct access to your accountant for all help and advice, and most importantly creative and imaginative tax planning and tax saving tips.

3. What’s left for you to do?

Invoice your client/agency (we provide you with a template). Complete a very simple Excel spreadsheet, similar to an expense claim form this should take about 15 - 20 minutes per month to complete. Forward any correspondence you get from the Revenue or Companies House to Us and we will take care of everything, Send payments to HMRC for your income tax, VAT and national insurance contributions. Pay yourself every month, this simply involves moving money from your Company’s business bank account into your personal account.

SIT BACK AND RELAX

Let us do the rest. We’ll take care of your accounts while you concentrate on your client and your contract.