Once the Company is set up
Once the company has been set up, we'd be here to help you in whatever capacity you need from just preparing your annual statutory accounts and corporation tax returns, to a full service, including regular payroll, submission of your annual return and all your bookkeeping duties and CIS management if that applies to you.

What if your taxable turnover exceeds £90,000?
Then you would need to become VAT registered with HMRC. If you required us to then we would advise you of the various vat schemes available, and the registration process, plus if you wish then we could also assist with the invoicing process, and preparing and filing of the VAT returns.

How should you pay yourself?
One of the financial decisions you’ll need to make is how to pay yourself. Key questions often asked are “How much can I take out of the business?” and “What is the most tax-efficient and sustainable way to do it?”

The income structure can directly affect:

• Your personal tax bill
• Your company’s Corporation Tax position
• Your cash flow
• Your eligibility for certain state benefits and allowances
• The long-term financial stability of your business

We can help you with clarity around salary, tax-efficient remuneration planning and dividends.

See Management accounts for details on the purpose of monitoring the performance of your business on a regular basis, or that might potentially be a condition of a bank loan.

Contact us below to discuss how TAS could assist you or search for a Company Name.