Business (Limited Company)

Business (Limited Company)

Our firm is one of the fastest-growing, low-cost, fixed-fee accountancy and taxation firms in the UK, serving clients both within the United Kingdom and across Europe. In addition to providing high-quality accounting and tax services, we also strive to achieve entrepreneurial goals. One of our core strengths is the highly professional staff of the firm, which has extensive experience from top ranked accounting firms.

Business (Limited Company)

We have been actively serving the needs of limited companies at APT Tax Accountants. The majority of our clients are owner-managed businesses, which reflects our hard-earned experience in this sector of the UK economy.

Due to the growth of our team’s capabilities and experience, we are now able to provide corporate services to a substantial number of larger corporate groups, subsidiaries of private and limited companies, as well as UK subsidiaries of listed overseas companies.

The stated objective of our company is to provide all the services that small businesses as well as modern corporations need to ensure that their finance function performs at the level of quality that is necessary for their business to achieve success.

Accurate and Efficient Financial Reporting

We at APT Tax Accountants provide accurate and efficient financial reporting services to businesses operating as limited companies. In addition to ensuring compliance with relevant accounting standards and regulations, our team of experienced accounting professionals is committed to insuring that your company’s financial statements are accurate and timely. We are committed to accuracy and will provide you with a clear picture of your company’s financial performance based on our attention to detail.

Strategic Tax Planning and Optimisation

In order to maximise your limited company’s financial position, it is essential to implement effective tax planning. We maintain a close relationship with our tax experts to ensure that we are up-to-date with the latest tax laws and regulations in order to develop customised tax strategies tailored to your company. By identifying tax optimisation opportunities, maximising tax benefits and incentives, and minimising tax liability, we can assist you in minimising your taxes. Having a partner such as APT Tax Accountants on your side will enable you to confidently navigate the complexities of taxation and ensure compliance with all applicable tax laws.

Streamlined Payroll and Bookkeeping Services

Managing payroll and bookkeeping can be time-consuming and resource-intensive for limited companies. To help you focus on your core business activities, APT Tax Accountants provides streamlined payroll processing and bookkeeping services. Payroll management and financial record keeping are handled by our experienced professionals. In addition to ensuring compliance with payroll regulations, you can minimise the risk of errors and penalties by utilising our expertise.

Expert Financial Analysis and Business Insights

Achieving success in business requires an understanding of your company’s financial performance and gaining valuable business insight. Among the accounting services we provide at APT Tax Accountants, we provide comprehensive financial analysis that provides you with valuable information regarding key financial indicators. Data analysis is carried out to identify patterns, identify trends, and identify areas for improvement or opportunity. By consulting with our experts, you will be able to make informed decisions that will drive growth and profitability for your limited company.

Personalised Support and Guidance

Our goal is to build long-term relationships with our clients. Personalised support and guidance is provided by APT Tax Accountants according to the specific needs of your organisation. Our team of dedicated professionals takes the time to understand your goals, challenges, and aspirations. Every step of the way, we are here to assist you with proactive advice and guidance, helping you to navigate financial complexities and achieve your business objectives.

Contact Us for Business (Limited Company) Accounting Services

We at APT Tax Accountants are able to provide you with reliable and professional accounting services for your limited company. We offer a variety of accounting solutions and support from our team of experienced accountants. To learn more about our Business (Limited Company) Accounting Services and how we can help your company succeed, please contact us today.

It is crucial for the financial success of your business to choose the right accounting partner. By providing you with our specialised services and expertise in limited company accounting, APT Tax Accountants gives you the peace of mind you need to focus on what you do best – growing your business.

Your Own Dedicated Accountant

Tax Accountants in Clapham

Our firm has been providing comprehensive accounting and tax services to individuals and businesses throughout the London.

The right TAX solution for your business

  • Audit and Assurance
  • Bookkeeping and Management Accounting
  • Corporate Finance
  • Corporate Tax
  • Payroll Accounting
  • Personal Business & Partnership Tax Accounting

Employees who have company cars often have to pay taxes on the benefit.

Companies that provide company cars, whether to a sales team, for example, or simply to the key employees, may need to consider the tax payable on such benefits.

There is a possibility, however, that employees, who only occasionally use a car that is available to all employees, may not feel like they are receiving any benefit at all, and it is even possible that an unexpected (and unwanted!) tax charge may arise if they only occasionally use the car.

APT Tax Accountants can offer you advice and guidance on the best way to provide these types of benefits to your employees and ensure that you are meeting all tax and compliance requirements.

With this type of strategic decision, our team of tax advisors can assist our clients. We can assist you in working out these taxes so that you can focus on maximising the success of your business, regardless of what decision you make regarding company cars.

Let our tax team assist you in meeting your company car benefit obligations tax-efficiently.

Make sure your tax affairs do not spiral out of control! It is important to plan ahead when it comes to corporation tax.

When setting up a business, you must assess your business for corporate tax if you decide to form a limited company. A tax liability is calculated based on your profits for the previous accounting year.

APT Tax Accountants can handle all your tax compliance needs as well as advise you on the best use of tax reliefs and allowances.

The advice of a tax planner can be beneficial to even the smallest of companies. For example, due to the changes in capital allowance rules, issues such as the timing of the acquisition of assets should be considered.

Having a dedicated tax team provides us with the ability to advise on all areas of corporation tax, including capital allowances and more complex strategic considerations as well as accounting for tax across a group.

No matter whether you are concerned about the cost of your small business tax or you are more interested in learning about corporate taxation, we can assist you. APT Tax Accountants can provide you with the tax assistance, advice, and support you need to determine your company’s profitability and make sure that you are entitled to the correct tax deductions on all of your tax obligations.

Please contact our team today so we can assist you in simplifying the process of understanding taxes.

As one of the most popular types of share option plans available, the EMI (Enterprise Management Incentives) scheme has become increasingly popular. The plan has been approved by HMRC and allows share options to be granted to selected employees without incurring any tax consequences. Employees and employers can both benefit from this tax-advantageous program.

Share options provide the owner with the right to purchase shares at a fixed price at some future date. The employee may exercise his or her options – purchase shares – following a ‘vesting’ period or after meeting predetermined performance criteria. In some cases, employers may require employees to meet certain performance targets in order to grant and exercise options.

If you require a tailored scheme to meet your needs, we can advise and implement one that will:

  • Ensure that key employees are attracted, retained, and motivated;

  • Allow yourself to retain flexibility and control over many aspects of the grant of share options (for example, requiring them to meet performance targets);

  • Provide employees with share options instead of salaries in order to improve reported results;

  • Provide diverse remuneration packages and ownership opportunities in order to increase competitiveness.

It is agreed that the shares have a market value when the option is granted, and if the employee pays this amount on exercising the option, there is no income tax liability even if the shares are worth significantly more than the market value.

Accordingly, the company may establish requirements that must be met before the employee’s options may be exercised and these requirements will ensure that the employee’s performance is adequate to justify the reward of ownership.

The scheme is characterized by the following key features:

  • In addition, employees are permitted to be granted options over shares worth up to £250,000 at the time of grant, which are tax and NIC free.

  • As a result of exercising their options, the employees may obtain shares at a substantial discount without incurring any tax liability.

  • Employees selected by the company may take advantage of the scheme.

  • Corporation tax relief will be provided to the company for its costs associated with operating the scheme, including a deduction for the difference between the value of the shares granted and the amount paid by the employee.

  • A business asset disposal relief may apply to the shares, which may result in an employee paying as little as 10% in taxes on the disposal of the shares.

Providing direct cash injections and increased deductions for business taxes are two features of the Research & Development tax credit scheme.

Share options represent the right to purchase a specific number of shares at a fixed price at a future date. Upon satisfaction of preset requirements, employees may exercise their options – buy the shares – after a ‘vesting’ period. A company or individual may be able to condition the grant and exercise of options on the achievement of certain targets.

Depending on your requirements, we can design and implement a program that:

  • Ensure that key employees are attracted, retained, and motivated;

  • Allow yourself to retain flexibility and control over many aspects of the grant of share options (for example, requiring them to meet performance targets);

  • Provide employees with share options instead of salaries in order to improve reported results;

  • Provide diverse remuneration packages and ownership opportunities in order to increase competitiveness.

Upon granting the option, the market value of the shares is determined, and if the employee pays this amount upon exercising the option, then there will be no income tax liability.

Accordingly, the company may establish requirements that must be met before the employee’s options may be exercised and these requirements will ensure that the employee’s performance is adequate to justify the reward of ownership.

A number of key features are included in the scheme, including:

  • In this case, the employee can be granted options over shares worth up to £250,000 at the time of the grant, which are tax and NIC free.

  • A large discount is offered to employees on exercise of their options without any tax implications.

  • Employees selected by the company may participate in the scheme.

  • Corporation tax relief will be provided to the company for its costs associated with operating the scheme, including a deduction for the difference between the value of the shares granted and the amount paid by the employee.

  • There is a possibility that the shares may qualify for a “Business Asset Disposal Relief,” which means that on disposal of the shares, the employee may pay only 10% in tax.

VAT

Almost all business transactions in the United Kingdom are subject to VAT (Value Added Tax).

Different types of transactions are subject to different rates of VAT, the most common of which are:

  • The standard rate is 20%

  • Reduced by 5%

  • Zero – 0%

  • Exempt

A VAT registration is required if you wish to reclaim the VAT you spend on most goods and services.

What are the requirements for registration?

Providing goods or services that qualify as taxable supplies may require you to register for VAT, particularly if your business has exceeded the VAT threshold in the past year or if you anticipate exceeding it in the near future.

APT can assist you if you are unsure whether or not you should register for VAT. As well as providing VAT return preparation services, we also offer VAT advice and guidance.

This is not as easy as it seems…

There is no doubt that VAT is one of the most complex taxes. The potential pitfalls and complexities of cross-border trading, reverse charge rules, partial exemption calculations, and land and property transactions are numerous. In order to avoid making the wrong decision, it is important to seek professional VAT advice. A well-planned approach is essential.

All aspects of VAT can be addressed by our tax team and VAT experts.

Additionally, we provide a VAT Healthcheck service, which ensures that your VAT compliance is in order.

It is important to understand that APT is much more than your typical tax accountant. As part of our commitment to providing you with the best quality tax advice, our tax consultants can assist you with all of your tax calculations and provide you with in-depth business strategies.

To learn more about how VAT affects your business, please contact our tax team today.