Limited company Accounting

Simplified limited company

accountancy, support and software services

Complete company formation and accounts package
for small businesses, freelancers and contractors.

Helping Company Directors stay on top of their finances.
We are here to help!

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  • Bookkeeping for limited companies
  • MTD ready for VAT
  • Manage monthly or weekly payroll
  • Cloud based accounting software
  • Year-end Co. accounts and personal tax returns
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Being successful and running a thriving limited company has many advantages and rewards, but it also comes with responsibility. When you become your boss, you may find yourself juggling multiple roles, from client management to marketing, and, perhaps most importantly, managing all of your finances to keep the lights on!

Operating as a limited company is one of the most tax-efficient ways of doing business and is a popular choice for many businesses because it allows you to lower your tax bill legally. This makes choosing the best-limited company accountant a critical decision, and we can assist you by providing a cost-effective and comprehensive accounting solution.

Limited companies service fusion
Limited company accounting services fusion

Limited company accounting services

So, whether you are looking to start a new company, we have helped 100’s of small businesses, freelancers, and contractors with their limited company accounts.

Our dedicated team delivers expert financial advice and support to all contractors and freelancers looking for or currently working through a limited company. We will complete and submit everything from annual accounts, Corporation Tax returns and offsetting expenses to declaring dividends.

We do everything you would expect an accountant to do by providing you and your business with a fully rounded limited company accountancy service.

Our accounting software partners

We can provide your Limited Company with comprehensive accountancy support and online accounting and bookkeeping software packages as part of our fixed-price packages, making your life as a company director more efficient!

Our online accounting software Xero and QuickBooks make it so much easier for you to keep on top of your accounting records and bookkeeping.

If you are also VAT registered, our software makes submitting VAT returns to HMRC simple – making you MTD ready! We will also be in touch well in advance of your VAT deadlines, so you avoid any late filing and potential penalties.

Our software accounting partners helping your business grow

What our customers say

Get in touch

Need to speak to a specialist limited company accountant?

We are modern accountants that help businesses grow

Find out how Marco Fehrl, the Director of 29 Forward Limited, was able to run his business more efficiently thanks to our help with taxes. As part of our work for his clients in France, we did payroll, VAT returns, and EEC services. We also did the year-end accounts and personal tax returns for him.

Meet our senior partner

Jahan Aslam

Jahan Aslam

Senior partner

I trained as an auditor with top 20 accounting practices in UK and worked in numerous roles before joining Fusion in 2013.

With over 15 years of experience, my specialisms include assisting SME businesses with business advice and to provide support to achieve growth goals, process standardization and model their business plans.

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FAQs

faq

Having limited liability status means it is a company in its own right. Because a limited company is a distinct entity from its owners, it may be a little easier for a company to secure business loans and investments. A limited company may also benefit from tax advantages.

The current rate of Corporation Tax for limited companies is 19%, and you pay that on your total profits (minus allowable business expenses). Limited companies do not have to pay income tax or national insurance. If you are unsure about what tax you need to pay, don't hesitate to contact us.

You pay 7.5% on dividends for basic rate taxpayers (up to £37,500 on top of the 2020/21 tax year). 32.5% on dividend income between the higher rate threshold (£37,501) and the additional rate threshold (£150,000). 38% on dividend income above the additional rate threshold of £150,000.

A limited company has a separate legal entity from its shareholders and directors. In contrast, self-employed people's business and personal affairs are treated as one for tax purposes.

It costs £12 and can be paid by debit or credit card or via your PayPal account. You will also need at least three pieces of personal information about yourself, your shareholders or guarantors. E.g., telephone number, national insurance number & passport number. Your company is usually registered within 24 hours. If you do not want to use 'limited' in your company name, you must register by post — instructions on registering your company at HMRC's website.

One of the most significant advantages of running your business as a limited company is that you can legitimately pay less personal tax than a sole trader. Limited company profits are subject to UK Corporation Tax, which is currently set at 19%. As a sole trader, your entire income is subject to NIC rules.