Limited Companies
There are many good reasons for operating your business through a Limited Company. Benefits include limited liability for shareholders, more tax-efficient methods to withdraw income from the business as well as the credibility that goes with running a formal company.
Annual Reporting
Accompanying these benefits though are stricter and more detailed annual reporting requirements to the Inland Revenue and Companies House, including a full set of Financial Statements, Corporation Tax Return, Abbreviated Accounts and an Annual Return.
Inland Revenue
MW Accounting Services specialises in preparing company accounts for small/medium sized companies ranging from individual contractors to medium sized companies employing staff or subcontractors.