The limited company accountants who keep you compliant and better off.

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 qualified accountant, replies within 72 hours, fixed monthly pricing at £129, £250 or £499 with no surprise bills, a rolling monthly agreement and a 30-day money-back guarantee.

For most small limited companies our fee is between £129 and £499 a month, all in. A solo director who is not registered for VAT sits at the lower end; the price rises if the company is registered for VAT, runs payroll for staff, or has a high volume of transactions to reconcile. It is a single fixed monthly fee covering your accounts, Corporation Tax return, confirmation statement, and, on the higher plans, payroll and VAT, so there are no hourly rates and no year-end surprise. We tell you the exact figure before you commit, and it does not change without us telling you first. If you are shopping around for cheap limited company accountants, compare what each fee includes, not just the headline price.

No. There is no law that says a limited company must hire an accountant. What the law does require is that the company files correct annual accounts and a Corporation Tax return, submits a confirmation statement, and runs payroll properly, all on time, and those duties fall on you personally as a director. Get one wrong and the penalties land on the company, and some can land on you. Most directors use limited company accountants not because they must, but because the cost of a missed deadline or an overpaid tax bill is usually far more than the fee.

Yes, for the most part. Accountancy fees for your company's own work, preparing the statutory accounts, filing the Corporation Tax return, running payroll and handling VAT, are an allowable business expense and reduce your Corporation Tax bill. The exception is work that is genuinely personal rather than the company's, such as your own Self Assessment, which is treated differently. We set the fee up correctly so the company claims what it is entitled to and nothing that would raise a question.

Not really. Everything runs online inside your own software, so we act for directors right across the UK, from London to the coast. You get the same named accountant and the same fixed fee wherever you trade. If you specifically want limited company accountants in London, or you would just like to meet in person, our office is Zmartly Ltd, 12 Hammersmith Grove, London W6 7AP, and you can reach us on 020 8175 5145.

Yes. As limited company contractor accountants, we act for many contractors and consultants who work through their own company. We handle the salary and dividend split, IR35 (the off-payroll working rules) questions and every year-end filing, so you can focus on the contract. If you are weighing a company up against an umbrella, we will tell you which one leaves you better off. See our [contractor accounting](/for/contractors) page for more.

Switching limited company accountants takes one signed form. We write to your old accountant for a professional handover, request your records, and register as your agent with HMRC and Companies House. You can move at any time of year, and we pick up your deadlines straight away so nothing slips between the two firms.