If you are thinking about forming a company in the UK, you need to be registered at Companies House. We offer a FREE company formation for our clients.
There are numerous reasons why to form a Limited Company including:
By operating through a limited company you will pay corporation tax at 20% (assuming your profits are less than £300,000), and can pay yourself through a combination of wages and dividends. This will result in less of your money going to HMRC, meaning more of it in your pocket. There are certain duties as a director that you must perform; we here at K&R Accountants can talk you through this daunting process.