Why use a Limited Company?

Running your own Limited Company can be a very tax efficient way to structure
your tax affairs.

1st Contact Accounting will make sure that you understand the mechanics of working through a Limited Company and optimise your earnings.

Getting the benefits of limited companies

To be able to get the maximum benefit of working through a limited Company, 1st Contact Accounting aims to assist you by using a combination of strategies.

Some of these strategies include:

• Setting your salary at an optimal level – fundamental to reducing your tax liability
• Claiming expenses through the company
• Registering for Flat Rate VAT (FRV)
• Contributing a portion of your income to an Executive Pension
• Maximising your dividend payments up to the higher rate tax threshold (£43875)
• Invest any retained earnings in the company
• Keep the retained profits in the company for as long as possible

These are just some of the techniques used by our accounting experts to help you maximise your earnings.

Complementary Limited Company Services

Accounting Affordable accounting support

Financial Advice Boost your success through long-term financial planning

Personal Tax Effective and affordable management of your tax obligations