LIMITED COMPANIES
Your trusted and experienced accountant for a limited company in Milton Keynes
Do you think all accountants treat you the same? Think again.
When you’re looking for unrivalled accountancy services providing rock solid advice and support, speak with Brilliant Accountants. We offer big firm capability and small firm personality.
You are sure to find a support level and monthly package to accommodate all your needs. It doesn’t matter whether you’re a start-up business or an established corporate organisation. Your turnover might be £50,000, £500,000 or more than £5million. You’ll receive a high quality professional service from the team at Brilliant Accountants.
How Brilliant Accountants help limited companies?
Regardless of the industry of your business, with our down to earth, fully qualified team you’ll be working with an experienced accountant for a limited company . We work with you, not simply for you. We look beyond the numbers and get to know you and your business.
Affordable accountants in Milton Keynes
Although we never intend to market our limited company accountancy services as ‘cheap’ our fees do appear to be amongst the lower charges in the area. Regardless of the fee we charge all your accountancy services are undertaken by experienced qualified personnel.
How do I start a Limited Company?
Incorporation of a limited company all starts with thinking of a name to call the business. A lot of people choose their own or a mixture of family initials, followed by a generic word. Examples might include CAB Services, KASA Products, DODO Design, such examples are followed by Limited or LTD**.
Ideally think of three alternative names as your preferred choice might already be used by a different business.
Brilliant Accountants can register the new business at Companies House, making sure all the mandatory and legal rules are followed and correctly registered. Registration can take from a few hours to a couple of days.
**Please note that the names shown as examples here should not be confused with any such entities that are or have traded with such names.
Frequently Asked questions:
What will be my duties as the Director?
You are legally responsible for making sure your company maintains accurate accounting records. Submissions to HMRC and Companies House must be made on time. You must also make sure Corporation Tax, PAYE deductions and VAT amounts are paid on time to HMRC.
Will I be employed by my own Limited Company?
Normally, yes you will. The business will need to register as an employer, which is something that Brilliant Accountants take care of for you.
How much of the money that comes in can I keep?
This needs a plan of action. You’ll receive easy to follow explanations about your wages structure and how much to leave in the business for any tax liabilities.
Do I need Accounting Software?
It is advisable to invest in accountancy software such as Quickbooks, Xero, Sage or Free Agent. This will help you keep, maintain and manage your bookkeeping and make sure your general record keeping is accurate.
We are well versed in all these systems and can help you choose one, give you initial training and continued support if that’s what you require.
Do I need to register for VAT?
You must register for VAT if your turnover is over £85,000. You can register voluntarily if it suits your business. For example, you might do this if you sell to other VAT-registered businesses and want to reclaim the VAT.
We recommend VAT applications are something best left to the professionals whether at the start of your business journey or later. We are on hand to undertake this for you.
Get things right and don’t lose out
Invest in Brilliant Accountants to handle your limited company accountancy affairs. This will make sure mandatory filing requirements are met and you claim all relevant expenses so you don’t overpay tax.
Free Consultation
We are more than happy to answer any specific questions you might have. Please give us a call or complete the contact us form and we will get in touch. There’s no obligation on your part, this will just be an initial informal meeting or chat. We’ll see if we can help you with any accounting issues. We can check if there’s anything that may be looming that requires some tax advice and planning.
Get in touch
Rock solid accounting support for your business
Contact us today for all things accountancy & tax in Milton Keynes.