Journalists ask me all the time, ‘Akshay, do you believe in the numbers game?’ My standard response: ‘I can’t count, that’s why I have producers and accountants who calculate for me. As long as I have them in my life, I don’t need to worry about numbers!’
– Akshay Kumar
We help you choose your name. All you need to do is prepare your passport or ID card and a proof of address.
Your private limited company’s accounts may be exempt from needing an audit (reviewed and confirmed by an independent accountant).
You need to provide details like your turnover, business activity and bank details.
Your registration date is known as your ‘effective date of registration’. You’ll have to pay HMRC any VAT due from this date.
You don’t need to authorise an agent to register you for VAT.
You don’t need to register for PAYE if none of your employees are paid £112 or more a week, get expenses and benefits, have another job or get a pension. However, you must keep payroll records.
As an employer operating PAYE as part of your payroll, you need to complete certain tasks during each tax month. Tax months run from the 6th of one month to the 5th of the next.
We can guarantee total discretion and very high level of expertise. There is hardly anything new for us when it comes to taxation and accounting.
Preparing the final accounts is the system of calculating and agreeing any adjustments to the contract sum so that the amount of the final payment can be determined
This is how much more a higher tax payer will have to pay in dividend taxes in 2017 compared to 2016 based on £50,000 dividend payout.