Elite Limited Company Services

We are on your side, from the moment your company is incorporated you will be contacted by one of our Accountants who will act as your personal client manager.

Limited Company accounting is becoming the structure of choice for more and more contractors throughout the UK. When you set-up your own Limited Company, you will be running your own business. This gives you complete control over your finances and allows you to utilise the advice of our team of qualified accountants.

At Elite, we are on your side, from the moment your company is incorporated you will be contacted by one of our Accountants who will act as your personal client manager. Together, we will help you build a Limited Company, not a Limited business. Their role is to advise and guide you in the most tax efficient way, your accountant will help you with the following:

 

  • Initial company set-up and relevant documentation (typically you can be up and running in 24 hours)
  • Business bank account set-up
  • Advice on company structure
  • Corporation tax and dividends
  • Free access to award winning XERO Cloud Accounting software
  • Extra savings with the flat rate VAT scheme
  • Book-keeping
  • Advice on claiming expenses
  • Setting up your own website
  • Your own company name, added credibility
  • Invoicing
  • IR35 advice
  • Quarterly returns
  • End of financial year returns

There are many advantages to operating through your own business, the finances of your limited company are separate from your personal finances, so your own liability is limited and your personal assets are safe.

 

It is important to note a Limited Company will not suit every contractor, there are certain criteria you will need to meet. Our specialist advisors are trained to give you all the relevant information and advice available so you make the right choice in your contracting life. 

 

We can set-up your own company for an initial fee of £60 and arrange all your business insurances for just £20 per month. For this you will receive £10m Employers Liability, £5m Public Liability and £2m Professional Indemnity.