Low-Cost Limited Company Accounting Services for Businesses in the UK
Operating a limited company can be fulfilling, yet it entails intricate tax responsibilities, stringent financial obligations, and meticulous record maintenance. As a business owner, your needs extend beyond fundamental accounting; you require a strategic consultant well-versed in limited company frameworks and UK tax regulations.
At MH Services, we deliver cost-effective, expert accounting solutions tailored for limited companies. Whether you are a newly established enterprise or a well-established firm, we offer indispensable assistance to effectively manage cash flow, optimize deductions, and make informed financial decisions.
Expert Limited Company Accountants
Friendly Online Accountancy
Enjoy stress-free accounting with our modern online services. As your limited company accountant, we provide real-time updates, clear communication, and expert guidance to ensure you stay in control of your finances.
Focused on Tax Efficiency
As a dedicated accountant for limited company businesses, we specialize in optimizing your tax strategy. By identifying every allowable deduction, we help you minimize tax liabilities and keep your company financially strong.
On-Time HMRC Submission
We ensure every limited company remains compliant with all HMRC regulations & VAT to Corporation Tax filings. Our accountants handle every submission on time, saving you from penalties and missing a tax deadline.
Comprehensive Limited Company Accountancy Services
=> Tax Return for private limited from £199/year
Filing tax returns for companies requires precision and expertise. We take the stress out of Corporation Tax returns by handling company houses and HMRC & every detail with accuracy and care.
From maximizing allowable deductions to minimizing liabilities, our team ensures your tax obligations are managed seamlessly, leaving you free to focus on growing your business. Contact us today to ensure your tax returns are in safe hands!
Benefits of working with us:
- – Complete compliance with HMRC regulations
- – Expert identification of allowable deductions
- – Accurate and timely Corporation Tax submissions
- – Minimization of tax liabilities through strategic planning
=> Self Assessment for business owners £149
For Ltd directors, self-assessment can be daunting with its complex calculations and strict deadlines. We simplify the process, ensuring your personal tax obligations & dividends are accurately calculated and all claimable expenses are identified.
Our expert support guarantees your self-assessment is filed on time, helping you avoid penalties while maximizing your savings. Reach out to us today for stress-free self-assessment support that saves you time and money!
Benefits of working with us:
- – Accurate calculation of personal tax obligations
- – Identification of allowable expenses for directors
- – Timely submission to avoid HMRC penalties
- – Hassle-free support and communication with HMRC
=> Bookkeeping for Ltd’s from £299/year
Efficient bookkeeping is the backbone of any successful small business, especially for those starting a limited company. We take the hassle out of managing your records & invoices by offering expert bookkeeping services tailored to your business needs. Our meticulous approach ensures your financial data is organized, accurate and always ready for tax season.
With our help, you gain a clear understanding of your financial health, empowering you to make smarter business decisions. Get in touch today to streamline your bookkeeping and accounting needs.
Benefits of working with us:
- – Real-time tracking of income and expenses
- – Simplified financial records for easy reporting
- – Reduced risk of errors with expert handling
- – Clear insights into your company’s financial performance
=> Payroll for companies from £229/year
Managing payroll can be time-consuming and complex for company owners, but it doesn’t have to be. We ensure your employees are paid accurately and on time while handling all PAYE, National Insurance and pension contributions.
Our online accounting and streamlined payroll solutions take the hassle out of compliance, leaving you with more time to focus on running your business. Get in touch today and let us simplify your payroll process with all-inclusive services!
Benefits of working with us:
- – Timely and accurate payroll processing
- – Full compliance with UK employment regulations
- – Hassle-free management of PAYE, NI, and pensions
- – Reduced administrative burden, saving you time
=> VAT Registration for business from £99
Navigating VAT registration can be intricate, but MH Services is here to make it simple and stress-free for your public limited. Whether your business has reached the VAT threshold or you’re registering voluntarily, our experts handle everything from selecting the most suitable VAT scheme to managing ongoing filings.
We ensure your VAT obligations are met efficiently, helping you stay compliant and tax-efficient with your company tax return and corporation tax liability. Contact us today to simplify VAT registration and stay ahead of deadlines & financial year!
Benefits of working with us:
- – Expert guidance on VAT registration and compliance
- – Assistance in selecting the most tax-efficient VAT scheme
- – Accurate and timely VAT return submissions
- – Ongoing support to manage VAT queries and deadlines
Reviews & Testimonials
Mike has been our dedicated accountant in Manchester for 10 years. Answers any question, super reliable & efficient as well as genuinely friendly payroll service. Highly recommended for tax efficiency to any sole trader.
The bookkeeping services we received are fantastic. We had some issues in the past and needed help as my limited company has grown. Very patient & responsive accountants & client managers. Recommend their services
Mike has done wonders and sorted our bank account, payroll and I wanted to let you know I really appreciate all you’ve done at such short notice. Everything is up to date and I received the best accounting services in Manchester and a client manager.
If you need to grow and need a high level of service, I can strongly recommend using MH Services for accounting needs to subcontractors. Great accountancy, tax planning. All HMRC refunds are taken care of for such a low fee.
Mike has been sorting out my accounts for some years now; his accounting expertise and knowledge of the tourism industry are incredible. Highly recommend for accountancy service registered in England.
I’m a small business owner and have worked with Mike’s tax advisors in central London for many years. He’s been extremely helpful, easy to work with and flexible. Recommended for making tax digital and accounting records.
I’ve been using MHS for a few years now. Helpful and always at the end of the phone for catch-ups. Recommending for sole traders that own business and have various business needs and complex tax.
Mike has been my local London accountant for over 10 years and I have referred many of my friends and colleagues to him. He is an expert accountant for running a small business with reliable services.
High-class taxation assistance with a down-to-earth approach. I’ve always found Mike to be an incredibly knowledgeable, helpful and professional accountant near me for running a business. Would highly recommend him.
Accountancy Advice for Limited Companies
How to pick a business accountant?
Choosing the right accountant for your limited company is key to keeping your finances in order. Start by searching online using platforms like Google or LinkedIn with terms like “accountant for limited company near me” or “small business accountant in [your city]”. Check for qualifications such as ICAEW or ACCA membership, and make sure they have experience in your industry. Look at reviews on Google Maps, Bark, or accounting directories like Find an Accountant.
Don’t hesitate to request a free consultation – most accountants offer this. It’s a great chance to ask about their experience, pricing structure and the software they use (like Xero or QuickBooks). A good accountant will provide clear answers and tailored advice to help your business thrive.
Do I need an accountant for a limited company?
It’s not a legal requirement to hire an accountant, but having one can help limited companies manage their salary and dividends effectively. Their expertise can be invaluable. Accountants help ensure compliance with HMRC regulations, manage tax planning, and provide strategic financial advice, allowing you to focus on growing your business. Their knowledge can prevent costly mistakes and identify opportunities for tax efficiency.
Can I do my own accounts for a limited company?
Yes, you can manage your own accounts with company houses, but it requires a solid understanding of accounting principles and tax laws. Mistakes can lead to penalties from HMRC. Many business owners & limited company directors find that hiring an accountant saves time and reduces stress, ensuring that financial records are accurate and compliant.
How much does an accountant cost for a limited company?
Basic services, including annual accounts and tax returns, may start around £250 per year. More comprehensive packages, which could include VAT returns, payroll and ongoing financial advice, typically range from £350 to £1,000 annually. It’s advisable to discuss your specific needs with potential accountants to get accurate quotes.
Is it illegal to use a personal bank account for a limited company?
Yes, using a personal bank account for a limited company is not only impractical but also against UK regulations. A limited company is a separate legal entity and its finances must be kept distinct from personal finances. Opening a dedicated business bank account ensures clear financial records, simplifies tax reporting, and maintains compliance with legal requirements.
Ready to streamline your company’s finance!
Imperial Court, 2 Exchange Quay, M5 3EB
25 Wilton Road, Victoria, SW1V 1LW
mhservices@mail.com
+44 7969 625797