Trusted Limited Company Accountants
At Accounting Minds, we understand the pressures faced by limited companies to become as tax efficient as possible. With this in mind, we have developed an accountancy solution for this exact situation. Limited companies have various legal responsibilities and there are fines and penalties for getting it wrong. This is why our service is designed to ensure limited companies always stay on top of their tax and accountancy commitments. We always deliver the right advice at the right time, and our limited company clients have continued to benefit from this time and time again. It’s also worth noting that we are ACCA Registered and we always follow the policies and regulations outlined by the Association of Chartered Certified Accountants.
Accounting Software
Here at Accounting Minds, we only use the best software when it comes to working with our business clients. Accounting Minds are Xero & FreeAgent partners, as we believe they are the best accounting software for SMEs. They are both dynamic, relatively easy to use and both will provide you with everything you need to know to grow your business. Find out more about Xero and FreeAgent. Our SME clients simply love how easy it is to keep their accounting records up to date via the Xero or FreeAgent mobile app.
We will allocate you a Xero certified accountant in our team to help with your small business accounting on an ongoing basis and ensure you get the best out of the software. Xero works seamlessly on any device, anytime and anywhere ensuring that we are all looking at the same data in real time.
Why Form A Limited Company?
There are multiple benefits to forming as a limited company. Whilst becoming more tax efficient is an obvious benefit, limited companies also protect their owners from a legal standpoint. This is because a limited company exists as an entirely different entity from its owner. Doing this moves debt and some of the financial responsibility onto the company, keeping the owner’s assets separate from the company’s performance. Limited company status also gives businesses more credibility from a financial and customer standpoint. However, there are many considerations to keep in mind when forming a limited company such as the legal & personal responsibilities. For example, the time taken to manage the company’s accounts. This is where we can help. Speak to our team today to find out which option is best suited to you.