Whether you have a well-established limited company or are looking at the pros and cons of running your business through a limited company, we can help in all areas of accounting and tax.
Here are some company-specific areas we can help with:
Thinking of starting a limited company?
There are several considerations when starting a limited company, and we can advise on the benefits and downsides of the various trading structures. You may be able to save tax as a company but other issues such as director's drawings, reporting obligations, legal responsibilities and limited liability should be considered too.
We can set the company up and issue the shares. We'll advise you on how best to structure shareholdings, about director responsibilities and file the necessary paperwork at Companies House.
Whether it's filing the obligatory annual returns, notifying Companies House of other changes within the company, plus keeping up to date records for your internal purposes, we can take care of the legalities.
Already running through a limited company?
Is this still right for you and your business? We can advise you on the current issues relevant to your business, for example how to extract profits in the most tax efficient way, when best to time the purchase of business assets, or putting in place a regular review of management accounts.
What is the best way to extract profits?
Salary, dividends, bonuses, pension - what's the best way to extract profits from your company? We will talk to you about what you want, and advise on the best way to achieve it.
Most owner managers draw some of their income as dividends. We'll help you check that you have profits available to do this, we'll draw up director minutes and produce the dividend paperwork.
We have worked with Helen Rhodes Accountancy for the last few years and throughout this time they have always provided valuable advice and support in every aspect of our business. They are very knowledgable with MTD requirements and have helped to streamline our accounting procedures."
H.R. Goodale (Northern) Limited
“We have worked with Helen Rhodes Accountancy for a number of years now. We have always found her to be friendly, efficient and responsive and would have no problem in recommending her as a provider of accounting services”.
Gritting Lighting Maintenance Limited
“Helen is extremely professional, with a personal touch. She shows an interest in the business as a whole, not only it’s tax affairs. I find her an approachable and personable accountant who doesn’t baffle her clients with accountancy jargon. “
Ultimate Splashbac Limited