Limited Company Set Up and Management
If you don’t mind some additional paperwork and managing your company’s financial affairs, then forming and operating your own Limited Company might be an approach for you.
Rather than being employed by an Umbrella Company you form your own company and become both a Director and a Shareholder of that company. You can then pay yourself a Director’s wage, vote dividends and claim your legitimate expenses back from the company all according to the up to date financial information
It may all sound complicated but we’ll guide you every step of the way and make sure you understand what it means to be a company director, what needs to be filed when and when to pay your company and personal taxes.
An important consideration before thinking about going down the Limited Company route is to think about if your contract falls inside IR35. If you’re unsure regarding what that means and how it affects you then go to our Advice section for more information.
At Carleson we will
- Set up the Ltd Company for you if you do not have one
- Manage all paperwork
- Ensure your tax, VAT and annual returns are completed for you
- Keep you informed of the latest tax regulation updates and the HMRC updates
Contractors for our Limited Company solution can come from a broad range of sectors including:
- IT
- Financial Services
- Telecoms
- Oil and Gas
- Engineering
- Health and social care
- Construction
- Education
