Your responsibilities
Responsibilities when running a limited company
Many self-employed people run their business as a limited company. There are certainly plenty of advantages to choosing this option, however setting up a limited company brings certain responsibilities, too.
If you decide to run your business as a limited company, you officially become a director of that company.
As a company director, you are legally responsible for a range of tasks, including:
- ensuring your business is properly set up and registered with the appropriate authorities, like Companies House, HMRC, your local authority.
- completing the official returns.
- managing your finances and paying the right amount of tax when it is due.
- ensuring your business has proper insurance to protect you and your clients.
Richard Arber
Customer AdvisorIt all sounds pretty daunting, but it doesn’t need to be. With our advice and support, you can be assured that you are establishing and running your business legally, efficiently and compliantly.
In addtion to our specialists teams who are on hand to help with any queries you may have, Brookson's groundbreaking Connect technology delivers your business financial position every 24 hours - giving you all the information, when you need it, 24/7.
Our services are specifically designed to give you the freedom to earn, while we help with the paperwork, accounts and compliance.
Take a look at our free guide to setting up a limited company for more information on what is involved and how we can help.
Alternatively, contact us on 0800 230 0213 and talk to one of our specialist advisors about how our services can help you run your limited company, and the responsibilities it entails.
Specialists are available to take your call six days a week, Monday to Friday (8am-6pm) and Saturday (9am-1pm).
