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Limited Company OR Sole Trader?

WHAT IS A LIMITED COMPANY?

It’s regarded as an organisation that can be set-up to run your business. Apart from having own legal identity that entitles them to own assets in their own right, Limited Companies remain solely responsible for their own income and outgoings, meaning that such a company’s finances will be completely separate from that of its owner.

Further, a limited company can make a profit if it is owned by the company. Also, as the limited company director you will be an employee of your limited company, which means that your company can pay you a monthly salary.

For more information and advice on choosing the right option for you please, feel free to contact a member of our team at email: info@glpaccountancy.uk OR call us at 079 4760 5554

WHAT IS SOLE TRADER?

A Sole Trader is one who is self-employed and works for himself or herself, even if they have not yet intimated HM Revenue and Customs (HMRC).

FEATURES As a sole trader, you

1.Run your own business as an individual and are entitled to keeping all your business’s profits after you’ve paid tax on them.

2.Can employ staff.

3.Are personally responsible for any losses your business makes.

GLP Accountancy offers a broad array of Accounts and Taxation services for Sole Traders in different industries, incorporating the full preparation of their annual accounts and completion of yearly personal taxation returns. In addition, GLP Accountancy

1.Can fully manage your year-end accounting to ensure all HMRC requirements are fully met on time and efficiently.

2.Help minimise your tax liabilities as much as possible and offer integrated personal and business tax planning advice to help you achieve this.

As your year-end approaches we can work with you to work out a timetable for completion of the accounts in a way that will minimise any disruption to your day to day business.

For further information and advice on choosing the right option for you, please feel free to contact a member of our team at Email:info@glpaccountancy.uk OR Call Us At:  01322 303 276 who would be happy to answer any questions that you may have.

What is CIS?

Why Choose GLP Accountancy?

1.Private and confidential tax advice

2.Face to Face meetings in 71 locations

3.Virtual Finance Director

4.We are open on Saturday

5.Free and Competitive quotes

We do what you expect an accountant to do and we do it well

Tax and Accounting are time consuming and there are so many rules and regulations. But as a business owner you can’t get away from these and they are simply tasks that need to be done and done well.

GLP Accountancy with its knowledge and expertise in all areas of Accounting & Tax is more than happy to take on the bean counting and number crunching for you, leaving you to concentrate on running and developing your business, saving you time and money. . Working with GLP Accountancy, you can expect prompt, friendly & professional quality services, customised to your requirements and all of it at extremely competitive rates

We will provide you with robust and cost-effective accounting advice and tax advice include:

• Tax and tax planning including VAT, Corporation Tax, Self-Assessment and other tax issues

• Preparation of financial statements in UK GAAP and IFRS if required

• Pay-roll Solutions of FPS, EPS, pay-roll end, P11D etc

• Companies house compliance of submission of annual returns and annual accounts.

• Book-keeping

• Regulation and Compliance

• Tax and Business Advice and Accounts Support

,Ultimately we will take care of everything, allowing you to focus on running and developing your business – saving you time and money.

We work the way that works best for you:

We offer a cost-effective service delivered in a manner that makes sense to our clients and provides added value to them. We deliver our clients a carefully chosen combination of unique benefits and because of our operating structure we can reduce our costs and pass the savings on to you.


GLP Accountancy | Your Trusted Business Partner

We Don't do different things, We do things differently!!

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