Limited company Archives | Taxfile https://www.taxfile.co.uk/category/limited-company/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 14:56:42 +0000 en-GB hourly 1 Filing with Companies House – A Guide for Limited Companies https://www.taxfile.co.uk/2024/03/filing-with-companies-house-guide/ Mon, 25 Mar 2024 10:57:29 +0000 https://www.taxfile.co.uk/?p=8037 Filing with Companies House - A Guide for Limited Companies

Companies House is the Government agency responsible for maintaining the public register of companies in the UK. Filing with Companies House typically refers to the submission of various documents and records, as required by the registrar of companies in the United Kingdom. In today's guide, we'll take a look at what types of document need to be filed, when to file them, and what happens if they're not filed on time.

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Guide to the Employer Payment Summary (EPS) – for Limited Companies within the CIS https://www.taxfile.co.uk/2024/03/employer-payment-summary-guide/ Wed, 13 Mar 2024 11:30:05 +0000 https://www.taxfile.co.uk/?p=8002 Guide to the Employer Payment Summary (EPS) – for Limited Companies within the CIS

by Daniel at Taxfile.

Understanding the Employer Payment Summary (EPS) monthly claims for limited companies within the CIS

Limited company contractors operating within the Construction Industry Scheme (CIS) have distinct payroll obligations, including the submission of their Employer Payment Summary (EPS). In today's guide, we'll explain what the EPS is, its purpose, and the submission rules limited companies have to follow if they work within the Construction Industry Scheme.

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How Corporation Tax is calculated has changed https://www.taxfile.co.uk/2023/05/how-corporation-tax-is-calculated-has-changed/ Tue, 23 May 2023 15:13:20 +0000 https://www.taxfile.co.uk/?p=7196 At Taxfile we can compile and file your company’s tax return as well as calculating what is owed in Corporation Tax. As of 01/04/2023, the main rate of Corporation Tax (CT) will rise from 19% to 25%, although the rate will remain at 19% for small businesses with profits less than £50,000.00.  However, if the […]

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What does it mean to be a Director? https://www.taxfile.co.uk/2023/05/what-does-it-mean-to-be-a-director/ Tue, 23 May 2023 15:00:00 +0000 https://www.taxfile.co.uk/?p=7191 Your obligations as a Director can be ‘taxing’. Running a successful limited company typically involves administrative duties outlined by Companies House & HMRC. As the director you’ll also be responsible for ensuring the finances of the company are regulated and healthy.  At Taxfile we can help you focus on growing your business and take care […]

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Forming a Limited Company? https://www.taxfile.co.uk/2023/05/forming-a-limited-company/ Tue, 23 May 2023 13:55:08 +0000 https://www.taxfile.co.uk/?p=7188 Having been the accountants of choice for individuals and businesses in the South London area, we have recently noticed a surge of individuals moving away from the sole trader status and enquiring about forming a limited company. The reasons for changing status have varied; someone mentioned they should be, their customers needing them to be, […]

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Christmas & New Year Opening Times at Taxfile https://www.taxfile.co.uk/2021/12/christmas-new-year-opening-times-2/ Wed, 22 Dec 2021 13:59:13 +0000 https://www.taxfile.co.uk/?p=6575 Christmas & New Year Opening Times at Taxfile

Season's greetings to all our clients and readers and sincere thanks to all of you who have kept us busy with work during 2021 — we really appreciate it.

Here's a quick reminder of our opening times during the Christmas period and into the New Year.

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Have You Received an Annual Return/Confirmation Statement Reminder? https://www.taxfile.co.uk/2021/07/confirmation-statement-reminder/ Tue, 13 Jul 2021 14:32:03 +0000 https://www.taxfile.co.uk/?p=5903 Please do not ignore the yearly e-reminder/letter, from Companies House, to submit the Annual Return/Confirmation Statement for your Company. Hi — I’m Eveline and I am the administrator/coordinator of the Limited Companies business team and this is one problem that we come across too often at Taxfile. As a Director, you just need to confirm […]

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Harnessing Technology at Taxfile https://www.taxfile.co.uk/2021/07/technology-at-taxfile/ Thu, 08 Jul 2021 13:56:07 +0000 https://www.taxfile.co.uk/?p=5900 How we harness technology at Taxfile in Tulse Hill and Dulwich, South East London

The rapid pace of technological change has caused some of the biggest shifts in how we view and process our tax returns. At Taxfile, we're constantly striving to use technology as effectively as possible to aid us in collecting, analysing, and collaborating when working on your personal data.

Over the pandemic, we've had to place our reliance even further on technology to maintain our standards, with regular meetings online. We're constantly improving the efficiency of our work pipeline and, with the ability to pull figures directly from online bank statements, we can ensure precision in the numbers we present you with. For the last two years, we've implemented cloud technology as both a collaborative tool between our senior and junior staff and as storage for various databases used to track everything from employee working hours to the status of your tax return. We're expanding further on this concept in collaboration with Pure Technology by merging our existing cloud systems with our current remote work solution to form one, all-encompassing workspace environment. Hosting it in the Microsoft Cloud ensures that, with the help of our office staff, your paperwork and bookings can be sent to and viewed by your tax agent as soon as possible. This and a variety of other endeavours are examples of our ambitions to be at the forefront of innovations, and constant review of our policies ensures we remain ahead, or on track, to meet the standards set by Making Tax Digital (MTD) for its 2023 launch.

Contact South London’s Favourite Accountant

Taxfile can help you with all your tax or accountancy requirements. We offer

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PAYE, 2021/22 Tax Thresholds, Employment Allowance & P800s https://www.taxfile.co.uk/2021/06/paye-2021-22-tax-thresholds-employment-allowance-p800s/ Tue, 08 Jun 2021 15:48:22 +0000 https://www.taxfile.co.uk/?p=5866 My name is Daniel and I have been a part of the Taxfile family since 2007. It started as a part-time job doing bookkeeping, but as time went on, I developed new abilities and a deeper understanding of the tax world. PAYE, VAT, and Company Register are now my areas of expertise. I understand how […]

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As a Director do I need to file a Self Assessment Income Tax Return? https://www.taxfile.co.uk/2020/11/as-a-director-do-i-need-to-file-a-self-assessment-income-tax-return/ Tue, 10 Nov 2020 15:15:05 +0000 https://www.taxfile.co.uk/?p=4778 HMRC now states that where all of a director’s income is taxed at source and there is no other sources of income, then there is no need for them to register for self-assessment and to file a return. If as a director you have been requested to submit a self assessment tax return, but have […]

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