Responsibilities of Limited Companies

Being a Director you will need to ensure that you meet all the statutory requirements in running a Limited Company. We believe in making it as simple as possible for you to meet all your required deadlines and dates by outlining and alerting you of all the deadlines that you are required by law to meet.

As a Director of a Limited Company in the UK, the following requirements are to be met:

HM Revenue & Customs

• Submission of Employers Annual Return (Forms P35 & P14)
• Annual submission of Expenses & Benefits Return (Forms P11 & P11D)

Annual or Quarterly PAYE & National Insurance payments depending on which scheme you take up:

Quarterly PAYE and NI Payments:

Annual PAYE and NI Payment:

• Payment Deadline 19 April         For period 6 April to 5 April

VAT – Value Added Tax payment:

• Submission of quarterly VAT returns
• Quarterly payments of any scheduled VAT or Flat Rate VAT

Company Annual Accounts:

• A set of company Annual Accounts must be submitted to the Companies House and HMRC
• Submission of Company Tax Return

Corporation Tax:

• An annual corporation tax payment is due 9 months after the Annual Accounts.

Personal Tax:

• A personal tax return to be submitted by the 31st of January every year.

Annual Shuttle Return (ASR):

• Form 363 is required to be submitted annually to the Companies House giving details of the company’s directors and secretary, registered office address, shareholders and share capital.