Company Formation
Tax Benefits with Company Formation Services UK
Running a business as a company can offer big tax benefits. However, it is also important to know the advantages of sole traders and partnerships. We are well-equipped to assist you in developing your understanding of these different business structures.
If you require a better understanding of the best way to run your business, register your company with us and we can help.
Trading as a Limited Company
Understand the annual tax savings that come with trading as a limited company
Trading as a limited company provides a clear structure for managing your finances. This allows us to help you better plan your taxes and maximise your protection, enabling us to manage financial risks.
Helping You Achieve Tax Savings
Our team uses years of expertise to ensure you get the best tax savings possible and keep you informed of changing tax laws
At Tax Driven Accountants, we have the experience and skills to save you money. Our team understands how to claim applicable credits and deductions, implementing tax-efficient strategies to help you optimise your expenses and improve your finances.
Accurate and Compliant Administration
Annual accounts need to be prepared for sole traders, companies and partnerships
The team at Tax Driven Accountants can ensure that you comply with the relevant administration and accounting of your company, partnership or sole trader business. We have an in-depth understanding of the Companies Act regulations and will ensure that your annual accounts are correctly filled.
Understand Your Options With Tax Driven Accountants
We know how to form the perfect tax planning strategy for your business
There may be many good reasons for considering the use of a company as part of a tax planning strategy. However, as you can see, there are many factors to consider. Through working with us, you have the opportunity to talk about incorporation and how this may benefit your own circumstances.
What's Involved
Understanding Relevant Factors That Impact Tax
We will help you understand how your business’s structure may influence its tax liabilities, including applicable capital gains and potential tax relief opportunities relevant to your enterprise.
Property Taxes
If you are looking to transfer your business to a company, you will need to consider some potential tax charges, including Stamp Duty Land Tax, Land and Buildings Transaction Tax, and Land Transaction Tax. We will help you understand how these taxes may affect your business.
Grasping Your Duties
We are equipped to assist you in gaining a thorough understanding of your obligations as a company director and to ensure that you comply with the requisite tax deadlines.
FAQS
Will my business type influence my tax payments?
You could be eligible for tax payment reductions depending on your business type. Our expert accountants can provide a more personalised understanding of the tax reductions you may be eligible for.
What are the advantages of being a company?
The main advantages of being a company, particularly a limited company, include limited liability, which means your assets are protected from business debts; a separate legal entity from the owners; increased credibility and professionalism; easier access to capital; potential tax benefits; and the ability to split income among shareholders for tax efficiency.
How much does an accountant charge to set up a Ltd company?
On an average, an accountant charges around £50-£200 to set up a limited company. This also depends on additional services included like, VAT, tax advice, business bank account assistance, year end accounting.
Sole traders may pay as little as £20-£80. Contact us today to know the exact prices for our services.
Will an accountant help me set up a business?
Yes, an accountant can be a big help in setting up a business. They give advice on the best business structure, register your business with HMRC, set up all the accounting systems, and register for VAT.
They can take care of all the setup admin work which also helps in making your business tax efficient.
At Tax Driven Accountants, Our Priority is to Offer Fair Pricing and Deliver Fantastic Results For All Our Clients.
Experienced
Our enthusiastic staff has years of experience and knowledge. We’re here to provide excellent service and expert guidance every step of the way to ensure that you receive the best possible advice.
Trustworthy
We know how time-consuming running a business can be, so rest easy knowing that a team of expert accountants will keep your accounts and tax affairs in check.
Qualified
All of our staff are fully qualified experts in their field, so you can trust that you are receiving sound, educated advice that you can act on.
