Is it right for you?
Is a limited company right for you?
You need to think carefully before setting up a limited company. It needs genuine commitment on your part to do it properly. There are rules to follow and responsibilities, and you need to be comfortable with the administrative side of things -credit control, obtaining insurance, managing your tax affairs, as well as the small matter of keeping the flow of work coming through the door.
But if you are up to the task, running a limited company has many advantages. You are your own boss, with no one to answer to; you have total freedom and flexibility of who you work for and when; there are tax advantages, too. If you are a high earner, you have the opportunity to truly optimise your income.
With a contractor accountant like Brookson to help manage your limited company accounts and guide you through the legislation and compliance, you benefit from the reassurance of knowing that you are receiving the best contractor accountancy support and that you are working compliantly at all times.
At Brookson, we make the whole process of setting up a limited company easy for you.
Carolyn Arber
New Business Advisor
Our accountancy, tax advice and friendly, proactive Customer Services Team take away as much of the administrative burden as possible and provide the guidance you need to meet your responsibilities. Although of course, as the business owner, the ultimate responsibility does rest with you.
It may seem daunting when you are first thinking about setting up a limited company, but don’t be put off. We have put together a free guide to starting a limited company which explains the process in more depth and provides the information you need to make an informed decision that is right for you.
Alternatively, contact us on 0800 230 0213 and talk to one of our specialist advisors about how our services can help you take your first steps to running a limited company, including actually establishing a company and registering a name.
