Struggling with corporation tax, filings, and admin overload?
Looking for an accountant for limited companies who understands how a company is actually taxed, not just how to file the forms? Zmartly gives you an ACCA-qualified, named accountant who handles your Corporation Tax, statutory accounts, Confirmation Statement and the salary-versus-dividend planning that decides how much profit you keep. With fixed monthly pricing, a 72-hour reply promise and plain-English advice, your limited company stays compliant at Companies House and HMRC while paying no more tax than the law requires.
The optimal director's salary, the £500 dividend allowance and dividend rates that rose to 10.75% ordinary and 35.75% upper this year all interact. We model the most tax-efficient mix for your shareholding and run it through PAYE properly so it survives an HMRC enquiry.
Corporation Tax is 19% up to £50,000 and 25% over £250,000, with marginal relief in between giving an effective 26.5% on profits in that band. We track your associated companies, which divide those limits, and time expenditure to keep you out of the expensive zone.
Full expensing gives 100% first-year relief on qualifying new plant and machinery, the Annual Investment Allowance covers £1m a year including second-hand kit, and the merged R&D scheme pays a 20% expenditure credit. We make sure nothing claimable is left sitting in your fixed-asset register.
A limited company answers to both HMRC and Companies House. We diarise Corporation Tax (due 9 months and 1 day after year end), the CT600, statutory accounts and the Confirmation Statement so you avoid the automatic late-filing penalties and the risk of being struck off.
We prepare your full CT600 and tax computation, applying the 19%/25% rates and marginal relief correctly, adding back disallowables like client entertaining and depreciation, and claiming capital allowances. Filed online with HMRC in iXBRL, every time.
Year-end accounts prepared under FRS 105 or FRS 102 1A, with the right level of detail filed publicly so you disclose no more than you must. We handle the abridged or micro-entity choice where it suits you.
We run an optimal salary through PAYE, paper your dividends with proper board minutes and vouchers, and watch the director's loan account so an overdrawn balance doesn't trigger the 35.75% s455 charge or a benefit-in-kind.
We monitor the £90,000 registration threshold, register you when you cross it, and pick between standard, cash accounting and the Flat Rate Scheme, steering you clear of the 16.5% limited-cost-trader rate that quietly wipes out the FRS benefit.
We file your annual Confirmation Statement, keep your PSC register and SIC codes current, and process share allotments, transfers and director changes so your public record stays accurate.
Beyond salary and dividends we plan employer pension contributions (a deductible way to extract profit), the £10,500 Employment Allowance where you qualify, and reliefs like R&D and the Patent Box when your activity fits.
Understanding your business needs.
Crafting your custom accounting strategy.
Quick and easy integration.
Consistent monitoring and reporting.
Plain-English explainers, kept current with the latest HMRC rules.
For most director-shareholders it's a modest salary topped up with dividends. A salary up to roughly the National Insurance and personal-allowance thresholds keeps it deductible against Corporation Tax, then dividends use your £500 dividend allowance before being taxed at 10.75% (basic), 35.75% (higher) or higher. The exact split depends on your other income, your co-shareholders and whether you can claim the £10,500 Employment Allowance, which single-director companies usually cannot. We model it for your situation.
Profits up to £50,000 are taxed at the 19% small profits rate and profits over £250,000 at 25%. In between, marginal relief applies, producing an effective marginal rate of 26.5% on the slice from £50,000 to £250,000. Those limits are shared between associated companies, so if you control more than one company the thresholds shrink. Getting the associated-company count and any short accounting periods right is exactly where DIY filings go wrong.
Corporation Tax is payable 9 months and 1 day after your accounting period ends; the CT600 return is due 12 months after period end; statutory accounts are normally due at Companies House 9 months after year end (or 21 months after incorporation for a first set); and the Confirmation Statement is due within 14 days of your review-period anniversary. Companies House late-accounts penalties and HMRC interest are automatic, so we diarise all of them.
Yes. Full expensing gives a 100% first-year deduction on qualifying new and unused main-rate plant and machinery, with no upper limit, and a permanent 50% first-year allowance on special-rate assets. The Annual Investment Allowance covers up to £1 million a year and, unlike full expensing, also applies to second-hand equipment. Cars are excluded from both. We allocate spend to whichever relief gives the best result and warn you about balancing charges on later disposal.
You must register once your VAT-taxable turnover exceeds £90,000 in any rolling 12 months (or you expect to in the next 30 days). After that we compare standard VAT, cash accounting and the Flat Rate Scheme. The FRS can save admin, but if you spend little on goods you're a limited-cost trader paying a flat 16.5%, which usually removes the benefit, so we check the numbers before recommending it.
If your director's loan account is overdrawn at year end and not repaid within 9 months and 1 day, the company pays a 35.75% s455 charge on the outstanding balance, refundable once you repay the loan. A loan over £10,000 also creates a taxable benefit-in-kind unless you pay HMRC's official rate of interest. We track the account through the year so this never catches you out.
Yes. We work with Xero, QuickBooks, FreeAgent and Sage, so you keep your existing setup. You get a named ACCA-qualified accountant, replies within 72 hours, fixed monthly pricing at £99, £199 or £499 with no surprise bills, a rolling monthly agreement and a 30-day money-back guarantee.
Thirty minutes with an ACCA-qualified accountant. Most owners uncover £1,000-£3,000 in annual savings on the first call. If we are not the right fit, you walk away with a free tax review on the house.
