Limited Company Accounts
Operating in the gig economy gets harder every year. Take the complexity out of your limited company accounting with Eazitax! Trust our experienced team to handle your finances, leaving you free to focus on your business.
Why go Limited?
Deciding the optimal structure for your enterprise is a critical step. Eazitax is at your service to provide advice and assistance.
Here are some of the main advantages of establishing your business as a Limited Company.
Liability Protection
Limited Company accounts ensure a separation between your personal wealth & assets and any potential business-related financial liabilities, such as bankruptcy or litigation. This level of protection is typically less prominent in a sole trader or partnership context.
Tax & National Insurance Optimisation
Limited Companies tend to be more tax-efficient from around £30,000 of yearly profit. Our skilled team at Eazitax can provide you with relevant advice and guidance.
Enhanced Reputation/Credibility
Establishing a Limited Company enhances your business' prestige and authority. A bonus is that your clients can easily verify a Limited Company's credit rating, which can be instrumental in their decision to partner with you.
Simplified Access to Finance
Launching and funding a new enterprise can be challenging. A Limited Company structure simplifies the process of securing finance.
Limited Company Accounts for Specific Industries
While the majority of accountants are proficient generalists, only a few have a firm understanding of the constantly evolving compliance challenges pertinent to your industry in the context of limited company accounts. To safeguard your business, professionals require a blend of financial and legal acumen, coupled with a comprehensive knowledge of the operating practices and persistent issues in your sector.
For years, we have been assisting companies in the gig economy to navigate financial and employment status complexities related to their limited company accounts, including issues concerning workers’ rights.
Is your business protected?
Business legislations are ever-evolving. For limited companies, having robust financial systems in place is crucial to withstand HMRC’s meticulous scrutiny.
Implementing reliable processes and strategies is not only vital for safeguarding your limited company accounts but also fundamental for enabling growth.
Frequently, company leaders inadvertently place their business at risk due to a lack of understanding of the prevalent tax issues specific to their industry.
This is where Eazitax can step in. With our comprehensive understanding of industry-specific tax challenges and our proficiency in managing limited company accounts, we can help ensure your business not only remains compliant, but also is primed for growth.
What can Eazitax help with?
Annual Accounts
A critical element of our service revolves around the preparation and filing of annual accounts for your limited company. This involves a comprehensive review and summary of your company's financial activity over the past fiscal year.
Management Accounts
Beyond annual accounts, Eazitax provides management accounting services, generating regular financial reports to aid your decision-making processes. They cover aspects such as profit and loss, cash flow analysis, and budget comparisons.
VAT Management
Eazitax's VAT management service handles calculation, preparation, and submission of your VAT returns in accordance with HMRC guidelines, ensuring your limited company accounts remain compliant and optimised.
Payroll Services
Our comprehensive payroll services cover wage calculation, tax and National Insurance deductions, payslip issuance, and timely payments, ensuring your payroll is efficiently managed and compliant with regulatory requirements.
Bookkeeping
Accurate bookkeeping is fundamental for any successful business, and Eazitax is committed to maintaining high standards in this regard. We offer a thorough bookkeeping service to keep your limited company accounts up-to-date and accurate.
Industry-Specific Advice
We offer guidance that's tailored to the unique needs of your industry. Whether you're in the gig economy, tech sector, or any other industry, we have the expertise to navigate the specific tax and financial issues you face.
Eazitax was the flagship company for HMRC’s’ Making Tax Digital‘ pilot and the first accountancy practice in the UK to submit an MTD return. We have even won an award for being a ‘Digital pioneer’.
However, we’re not here to drag everyone into the digital world. We know busy people don’t always have the time to learn about the latest tech.
