Calculayte – Online Accountants

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Limited company services

Are you looking at setting up a limited company or simply switching to us?

Our dedicated team can help with the hassle-free transition and empower you and your business with the leading cloud book-keeping software absolutely free.

We have the perfect blend of expertise, experience and state of the art cloud software’s to make your business life easier. Why not have a look at our packages or better yet give our team a hassle-free call and find out how we can empower you and your business.

Statutory accounts and corporation tax returns

Our client managers understand that preparation of company accounts can be daunting but very important. It gives you an overview of the past 12 months and indicates areas of potential growth to help grow your business and your profit.
Our dedicated client managers will prepare your annual financial statements, run through the performance for the past 12 months with you and file them directly with Companies House and HM Revenue and Customs on your behalf.
You will be informed in advance of the deadline regarding any tax which is due and the different methods of payment available.

Accountancy support

Our dedicated qualified client managers are always available to provide support and answers on any questions that you have, whether its allowable business expenses, HMRC mileage rates or capital allowances.

Cloud software

State of the art software trusted by over 2 million small businesses, we have partnered up with Xero to provide you with all the time saving tools you need to grow your business. Xero is a real-time software which means no more waiting around to learn the health of your finances. Xero is a fast, simple software that’s changing the way the world does it books.
Encountered a problem, do not fear unlimited support is available 24/7 to get you back up and running.

MTD and VAT returns

If you are VAT registered fear not the free cloud software is Making Tax Digital (MTD) ready, which means you can file your returns effortlessly with HMRC. The software also shows the next VAT period and when deadlines are due, so you don’t get any unexpected surprises or fines.

Payroll and pensions

This is probably the most complicated area of accounts, simply because employment law in the UK is scattered with obstacles and booby traps. Our qualified client managers are tuned in with employment law and can put out any fires which arise. Why not let us to take care of your payroll, its hassle-free, cost effective and one less thing to worry about. That seems like a win in our books.

Tax Planning

Our dedicated experts aim to build a tax efficient portfolio that is unique to you. Making the best use of your allowances, we ensure your money is working hard for you. Our tax advisors can help you understand how to meet all HMRC compliance requirements while still keeping your taxes as low as possible.

Telephone and Email Support

No question is too big or small;
No concern is too insignificant.

Our accountancy packages cover all of your accounting needs with no hidden costs. Expect a swift response time to your queries.

Telephone & Email Support

Never any hidden costs

Swift responses

Switching Accountant - Easy Transition

Want To Join Us?
We take care of everything!

We quickly take over all of your accounting needs once you give us the green light. If necessary, we will contact your prior accountant on your behalf, with the goal of bringing your accounting and tax situation up to date as quickly as possible.
We contact your current accountant on your behalf.
We make contact with HMRC to get approved as your accountant.
You keep doing what you love, which is running your business..

Frequently asked questions about Limited Company accounting

There’s no legal obligation for a limited company to have an accountant, but given the legal responsibilities you’ll have as a limited company director, as well as the various taxes your company will need to pay, an accountant is a vital ally. A good accountant can help you stay on top of your business finances, submit your tax returns, and free up your time so you can do what you do best – run your business!
You must file your company’s accounts with Companies House nine months after the company’s accounting period ends. The company’s Corporation Tax return and accounts must be submitted to HMRC within 12 months after the accounting period ends to which it relates.
Limited company directors may be required to pay a number of different taxes: some limited company taxes are mandatory for all directors, while others will depend on factors such as whether your company has employees. Some of the taxes you may be required to pay include Corporation Tax, National Insurance, and VAT.
If your limited company has made a profit, it can pay a dividend to shareholders. It’s important to remember that dividends aren’t a business expense when calculating your Corporation Tax, and that it’s illegal to pay a dividend if your company doesn’t have sufficient profit after tax available to cover the dividend amount.
There are complex rules surrounding the type of company which must have an audit. You can find out more if you check HMRC’s website. In general terms, if your company’s turnover is below £10.2 million, and its assets are below £5.1 million, you do not need to have an audit. However, some companies with turnover and assets below these amounts elect to have an audit to comply with financial covenants.

‍You must keep records for six years from the end of the last company financial year they relate to, or longer, if:

– they show a transaction that covers more than one of the company’s accounting periods
– the company has bought something that it expects to last more than six years, like equipment or machinery
– you submitted your Company Tax Return late
– HMRC has started a compliance check into your Company Tax Return.

We know what you’re thinking

Everything we have promised can’t come cheap, you would be surprised. Why not give us a call and see how much you can save. 

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