A limited company is a separate legal structure, independent from you as an individual. That separation can present tax and financial planning opportunities, especially if your business is growing or if you’re earning more than you need to take home right now.

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When used well, a limited company can become part of your longer-term wealth strategy. It can also give you flexibility if your spouse, partner, or family members are involved in the business, where they can be paid a salary in a tax efficient way.

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But it’s not for everyone, at least not right away when getting started in business. Running a company comes with more admin, more compliance responsibilities, and yes, more paperwork. That means your accountancy and bookkeeping costs will increase too.

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In many cases, those extra costs are more than offset by the tax savings and planning advantages, but this is only one of many factors to consider.

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We assess these factors with clients who are considering a limited company, giving them our honest and straight up advice on whether it’s the right fit for them at that time.

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And if it does, we’ll take care of the setup and paperwork, so you don’t have to worry about the fine print.

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Once the company is up and running, you can plug us in as part of your finance team - keeping things compliant, clear, and on track from day one.

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Thinking about going limited? Get in touch with us - we’ll talk it through, no pressure, and help you make the right call.