Adding Value

Incorporation

Moving from being a Sole Trader to a Limited Company can bring its own rewards, but it involves much more than choosing a catchy name and adding Ltd to the name to impress your customers.
Many small businesses follow this route to reduce the tax that they have to pay. However, it is essential that you know and follow the rules if you are to continue to make tax savings and satisfy HMRC that you are operating as a limited company.
Certax Brentwood can keep you legal, by guiding you through the following:
• Appointment of directors;
• Company Secretary duties;
• Issuing shares;
• Minutes and resolutions;
• Company registration for Corporation Tax;
• Producing the Profit and Loss Accounts and Balance Sheets.
These have to be done, but not by you. Appoint Certax Brentwood to make sure that all of the guidelines are followed, whilst you get on with running your business and reaping the benefits of your new status. This might be a good time to consider the key advantages and disadvantages of limited companies

Employee Remuneration Packages

Develop an imaginative approach that will attract and keep quality staff; extend the benefits of thoughtful tax planning to the whole staff.
• Pensions;
• Child Care Vouchers;
• Mobile phones;
• Tax efficient vehicle provision;
• Healthy living benefits.