Limited Company Advantages

By running your business through your own limited company you are much more tax efficient, giving you more money in your pocket.

By running your business through your own limited company you are much more tax efficient, giving you more money in your pocket.

We understand that everyone’s circumstances can be different so call us today for a free personal business review before you make any decision.

Below are the answers to some common questions we get asked in reference to running your own limited company. You can find more of these on our FAQs page or feel free to call or email us to discuss any further questions you may have: 0845 834 0264 or info@cmjaccountancy.co.uk.

Is there a lot of paperwork involved in running a limited company?

Paperwork for a limited company will take no more than 30 minutes to an hour per month. This includes sending invoices, recording expenses and paying HM Revenue and Customs. The time is even less if you opt for us to do all of your bookkeeping as you simply post us all your receipts, bank statements and sales invoices to process.

Are there any set-up fees or a long contract with CMJ Accountancy?

The simple answer is NO. There are no set-up fees, no contract and no tie-ins. You are free to leave us when ever you like – though we’re very confident that our service will make you want to stay. We ask only for one months notice if you intend to leave, this ensures a smooth handover process.

How do I move from being a sole trader to my own limited company?

You can move from running your business as a Sole Trader to your own limited company in no time at all. All you need do is:

  1. Fill out the Join CMJ Accountancy form.
  2. Give notice to your current accountants that you are leaving – quick phone call is sufficient.
  3. Inform your clients you will be trading through your own limited company from now on.
  4. We will form your limited company for you.
  5. We will help you open a limited company bank account.
  6. Now you can contract through your limited company and we will be with you every step of the way with unlimited support.

It really is very quick and easy!

For further help, or to enquire about joining our services, please call us on 0845 834 0264 or drop us an email at info@cmjaccountancy.co.uk.

Disclaimer

This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.